SKURVEBAKKANE AS

4331 ÅLGÅRD

Finances

Share Ownership

Return on Equity

72,94 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 751 000	163 000	131 000	128 000
Net Income	2 685 000	−108 000	44 000	39 000
Total Assets	11 851 000	5 146 000	1 486 000	1 486 000
Total Equity	3 681 000	996 000	99 000	55 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 751 000	163 000	131 000	128 000
Expenditure	254 000	134 000	5 000	9 000
Operating Profit	3 836 000	29 000	126 000	118 000
Financial Income	0	0	0	0
Financial Costs	393 000	138 000	69 000	73 000
Financial Balance	−393 000	−138 000	−69 000	−73 000
Earnings Before Tax	3 443 000	−108 000	57 000	46 000
Tax	757 000	0	13 000	7 000
Net Income	2 685 000	−108 000	44 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 141 000	5 084 000	1 458 000	1 458 000
Total Current Assets	7 710 000	62 000	28 000	28 000
Total Assets	11 851 000	5 146 000	1 486 000	1 486 000
Total Retained Equity	2 651 000	−34 000	0	25 000
Total Equity	3 681 000	996 000	99 000	55 000
Total Long-Term Debt	2 349 000	3 912 000	1 370 000	1 419 000
Total Current Debt	5 820 000	239 000	17 000	13 000
Total Equity and Debt	11 851 000	5 146 000	1 486 000	1 486 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 432 000	0	131 000	128 000
Other Income	1 320 000	163 000	0	0
Revenue	17 751 000	163 000	131 000	128 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	67 000	6 000	0	0
Impairment	0	0	0	0
Expenditure	254 000	134 000	5 000	9 000
Operating Profit	3 836 000	29 000	126 000	118 000
Financial Income	0	0	0	0
Financial Costs	393 000	138 000	69 000	73 000
Financial Balance	−393 000	−138 000	−69 000	−73 000
Dividends	0	0	0	0
Net Income	2 685 000	−108 000	44 000	39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	24 000	0	0
Real Eastate	3 955 000	5 061 000	1 458 000	1 458 000
Machinery and Plant Facilities	186 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 141 000	5 061 000	1 458 000	1 458 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 141 000	5 084 000	1 458 000	1 458 000
Stock	7 512 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	180 000	−10 000	11 000	11 000
Total Current Assets	7 710 000	62 000	28 000	28 000
Total Assets	11 851 000	5 146 000	1 486 000	1 486 000
Total Equity	3 681 000	996 000	99 000	55 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 349 000	3 912 000	1 370 000	1 419 000
Creditors	188 000	132 000	0	0
Unpaid Taxes	7 000	100 000	5 000	6 000
Dividends	0	0	0	0
Other Current Debt	5 142 000	7 000	0	0
Total Current Debt	5 820 000	239 000	17 000	13 000
Total Equity and Debt	11 851 000	5 146 000	1 486 000	1 486 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,94 %	−10,84 %	44,44 %	70,91 %
Debt-to-Equity Ratio	0,64	3,93	13,84	25,8
Operating Profit Margin	21,61 %	17,79 %	96,18 %	92,19 %
Current Ratio	1,32	0,26	1,65	2,15
Quick Ratio	−4,56	0,26	1,65	2,15
Equity Ratio	0,31	0,19	0,07	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %