SKARHAUG AS

5637 ØLVE

Finances

Share Ownership

Return on Equity

31,41 %

Current Ratio

1,23

Debt-to-Equity Ratio

9,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	200 000	165 000	120 000	120 000
Net Income	60 000	98 000	103 000	66 000
Total Assets	2 032 000	732 000	432 000	322 000
Total Equity	191 000	175 000	412 000	309 000

Income (NOK)	2022	2021	2020	2019
Revenue	200 000	165 000	120 000	120 000
Expenditure	32 000	40 000	27 000	75 000
Operating Profit	168 000	125 000	93 000	46 000
Financial Income	0	0	52 000	31 000
Financial Costs	91 000	0	22 000	1 000
Financial Balance	−91 000	0	30 000	30 000
Earnings Before Tax	77 000	125 000	123 000	76 000
Tax	17 000	28 000	20 000	10 000
Net Income	60 000	98 000	103 000	66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 890 000	593 000	96 000	110 000
Total Current Assets	143 000	140 000	336 000	212 000
Total Assets	2 032 000	732 000	432 000	322 000
Total Retained Equity	−1 000	−18 000	219 000	116 000
Total Equity	191 000	175 000	412 000	309 000
Total Long-Term Debt	1 725 000	500 000	0	0
Total Current Debt	116 000	58 000	20 000	13 000
Total Equity and Debt	2 032 000	732 000	432 000	322 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	200 000	165 000	120 000	120 000
Revenue	200 000	165 000	120 000	120 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	14 000	31 000
Impairment	0	0	0	0
Expenditure	32 000	40 000	27 000	75 000
Operating Profit	168 000	125 000	93 000	46 000
Financial Income	0	0	52 000	31 000
Financial Costs	91 000	0	22 000	1 000
Financial Balance	−91 000	0	30 000	30 000
Dividends	0	335 000	0	0
Net Income	60 000	98 000	103 000	66 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	75 000	78 000	81 000	81 000
Real Eastate	515 000	515 000	15 000	29 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	515 000	515 000	15 000	29 000
Total Fiancial Fixed Assets	1 300 000	0	0	0
Total Fixed Assets	1 890 000	593 000	96 000	110 000
Stock	0	0	0	0
Total Investments	0	0	0	127 000
Cash, Bank	143 000	140 000	336 000	85 000
Total Current Assets	143 000	140 000	336 000	212 000
Total Assets	2 032 000	732 000	432 000	322 000
Total Equity	191 000	175 000	412 000	309 000
Short-Term Group Debt	108 000	33 000	0	0
Total Long-Term Debt	1 725 000	500 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	335 000	0	0
Other Current Debt	6 000	0	0	0
Total Current Debt	116 000	58 000	20 000	13 000
Total Equity and Debt	2 032 000	732 000	432 000	322 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,41 %	56 %	25 %	21,36 %
Debt-to-Equity Ratio	9,03	2,86	0	0
Operating Profit Margin	84 %	75,76 %	77,5 %	38,33 %
Current Ratio	1,23	2,41	16,8	16,31
Quick Ratio	1,23	2,41	16,8	16,31
Equity Ratio	0,09	0,24	0,95	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %