SKINTONIC SKEDSMO AS

2020 SKEDSMOKORSET

Finances

Return on Equity

−81,3 %

Current Ratio

2,19

Debt-to-Equity Ratio

4,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 526 000	5 812 000	5 282 000	3 957 000
Net Income	−487 000	534 000	1 091 000	33 000
Total Assets	3 930 000	4 905 000	2 547 000	1 059 000
Total Equity	599 000	1 086 000	952 000	−138 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 526 000	5 812 000	5 282 000	3 957 000
Expenditure	5 966 000	5 025 000	3 837 000	3 859 000
Operating Profit	−440 000	788 000	1 444 000	98 000
Financial Income	1 000	1 000	3 000	0
Financial Costs	48 000	105 000	48 000	56 000
Financial Balance	−47 000	−104 000	−45 000	−56 000
Earnings Before Tax	−487 000	684 000	1 398 000	42 000
Tax	0	150 000	308 000	9 000
Net Income	−487 000	534 000	1 091 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 957 000	1 786 000	0	47 000
Total Current Assets	1 973 000	3 119 000	2 547 000	1 012 000
Total Assets	3 930 000	4 905 000	2 547 000	1 059 000
Total Retained Equity	569 000	1 056 000	922 000	−168 000
Total Equity	599 000	1 086 000	952 000	−138 000
Total Long-Term Debt	2 432 000	2 661 000	620 000	720 000
Total Current Debt	899 000	1 158 000	974 000	477 000
Total Equity and Debt	3 930 000	4 905 000	2 547 000	1 059 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 526 000	5 119 000	5 282 000	3 953 000
Other Income	0	693 000	0	4 000
Revenue	5 526 000	5 812 000	5 282 000	3 957 000
Cost of Goods Sold	3 251 000	2 602 000	2 043 000	2 435 000
Salary Costs	1 791 000	1 572 000	997 000	742 000
Depreciation	56 000	37 000	0	0
Impairment	0	0	0	0
Expenditure	5 966 000	5 025 000	3 837 000	3 859 000
Operating Profit	−440 000	788 000	1 444 000	98 000
Financial Income	1 000	1 000	3 000	0
Financial Costs	48 000	105 000	48 000	56 000
Financial Balance	−47 000	−104 000	−45 000	−56 000
Dividends	0	0	0	0
Net Income	−487 000	534 000	1 091 000	33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	47 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	223 000	278 000	0	0
Total Tangible Assets	223 000	278 000	0	0
Total Fiancial Fixed Assets	1 735 000	1 508 000	0	0
Total Fixed Assets	1 957 000	1 786 000	0	47 000
Stock	1 171 000	1 558 000	1 224 000	484 000
Total Investments	0	0	0	0
Cash, Bank	537 000	1 577 000	1 257 000	495 000
Total Current Assets	1 973 000	3 119 000	2 547 000	1 012 000
Total Assets	3 930 000	4 905 000	2 547 000	1 059 000
Total Equity	599 000	1 086 000	952 000	−138 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 432 000	2 661 000	620 000	720 000
Creditors	192 000	356 000	367 000	121 000
Unpaid Taxes	340 000	436 000	212 000	81 000
Dividends	0	0	0	0
Other Current Debt	368 000	216 000	135 000	274 000
Total Current Debt	899 000	1 158 000	974 000	477 000
Total Equity and Debt	3 930 000	4 905 000	2 547 000	1 059 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−81,3 %	49,17 %	114,6 %	−23,91 %
Debt-to-Equity Ratio	4,06	2,45	0,65	−5,22
Operating Profit Margin	−7,96 %	13,56 %	27,34 %	2,48 %
Current Ratio	2,19	2,69	2,61	2,12
Quick Ratio	−7,25	−7,8	−10,19	−144,57
Equity Ratio	0,15	0,22	0,37	−0,13
Gross Profit Margin	41,17 %	55,23 %	61,32 %	38,46 %