SKIEN AUTO AS

3716 SKIEN

Finances

Share Ownership

Return on Equity

93,55 %

Current Ratio

1,78

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 680 000	5 357 000	4 726 000	2 962 000
Net Income	435 000	−234 000	201 000	24 000
Total Assets	1 895 000	968 000	739 000	1 384 000
Total Equity	465 000	30 000	264 000	63 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 680 000	5 357 000	4 726 000	2 962 000
Expenditure	5 170 000	5 556 000	4 465 000	2 931 000
Operating Profit	511 000	−199 000	261 000	31 000
Financial Income	0	0	0	0
Financial Costs	16 000	39 000	4 000	0
Financial Balance	−16 000	−39 000	−4 000	0
Earnings Before Tax	495 000	−237 000	257 000	31 000
Tax	60 000	−3 000	57 000	7 000
Net Income	435 000	−234 000	201 000	24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	29 000	13 000	55 000
Total Current Assets	1 879 000	939 000	726 000	1 329 000
Total Assets	1 895 000	968 000	739 000	1 384 000
Total Retained Equity	435 000	0	234 000	33 000
Total Equity	465 000	30 000	264 000	63 000
Total Long-Term Debt	374 000	370 000	3 000	6 000
Total Current Debt	1 057 000	568 000	472 000	1 315 000
Total Equity and Debt	1 895 000	968 000	739 000	1 384 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 579 000	5 250 000	4 678 000	2 953 000
Other Income	101 000	108 000	48 000	10 000
Revenue	5 680 000	5 357 000	4 726 000	2 962 000
Cost of Goods Sold	3 661 000	4 041 000	3 433 000	2 544 000
Salary Costs	655 000	646 000	439 000	241 000
Depreciation	6 000	5 000	6 000	1 000
Impairment	0	0	0	0
Expenditure	5 170 000	5 556 000	4 465 000	2 931 000
Operating Profit	511 000	−199 000	261 000	31 000
Financial Income	0	0	0	0
Financial Costs	16 000	39 000	4 000	0
Financial Balance	−16 000	−39 000	−4 000	0
Dividends	0	0	0	0
Net Income	435 000	−234 000	201 000	24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	16 000	20 000	0	0
Fixtures	0	9 000	13 000	55 000
Total Tangible Assets	16 000	29 000	13 000	55 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	29 000	13 000	55 000
Stock	1 574 000	665 000	595 000	203 000
Total Investments	0	0	0	0
Cash, Bank	178 000	139 000	30 000	353 000
Total Current Assets	1 879 000	939 000	726 000	1 329 000
Total Assets	1 895 000	968 000	739 000	1 384 000
Total Equity	465 000	30 000	264 000	63 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	374 000	370 000	3 000	6 000
Creditors	179 000	113 000	150 000	1 126 000
Unpaid Taxes	90 000	30 000	−43 000	11 000
Dividends	0	0	0	0
Other Current Debt	732 000	426 000	305 000	177 000
Total Current Debt	1 057 000	568 000	472 000	1 315 000
Total Equity and Debt	1 895 000	968 000	739 000	1 384 000

Financial indicators	2022	2021	2020	2019
Return on Equity	93,55 %	−780 %	76,14 %	38,1 %
Debt-to-Equity Ratio	0,8	12,33	0,01	0,1
Operating Profit Margin	9 %	−3,71 %	5,52 %	1,05 %
Current Ratio	1,78	1,65	1,54	1,01
Quick Ratio	−3,63	−9,68	−5,9	1,2
Equity Ratio	0,25	0,03	0,36	0,05
Gross Profit Margin	35,55 %	24,57 %	27,36 %	14,11 %