SKIEN SPORTSBAR AS

3724 SKIEN

Finances

Share Ownership

Return on Equity

7,56 %

Current Ratio

0,6

Debt-to-Equity Ratio

1,61

Key figures (NOK)	2021	2020	2019	2018
Revenue	13 348 000	17 292 000	32 996 000	11 197 000
Net Income	139 000	−1 559 000	−1 250 000	1 189 000
Total Assets	8 651 000	8 766 000	10 897 000	11 451 000
Total Equity	1 838 000	1 700 000	3 259 000	4 509 000

Income (NOK)	2021	2020	2019	2018
Revenue	13 348 000	17 292 000	32 996 000	11 197 000
Expenditure	13 086 000	19 202 000	34 553 000	9 634 000
Operating Profit	262 000	−1 910 000	−1 556 000	1 563 000
Financial Income	3 000	6 000	13 000	0
Financial Costs	69 000	54 000	50 000	20 000
Financial Balance	−66 000	−48 000	−37 000	−20 000
Earnings Before Tax	195 000	−1 958 000	−1 593 000	1 544 000
Tax	57 000	−400 000	−343 000	355 000
Net Income	139 000	−1 559 000	−1 250 000	1 189 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	6 355 000	5 742 000	6 642 000	5 355 000
Total Current Assets	2 296 000	3 024 000	4 255 000	6 096 000
Total Assets	8 651 000	8 766 000	10 897 000	11 451 000
Total Retained Equity	−1 482 000	−1 621 000	−62 000	1 189 000
Total Equity	1 838 000	1 700 000	3 259 000	4 509 000
Total Long-Term Debt	2 959 000	3 312 000	1 338 000	1 153 000
Total Current Debt	3 853 000	3 754 000	6 300 000	5 789 000
Total Equity and Debt	8 651 000	8 766 000	10 897 000	11 451 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	9 674 000	15 403 000	31 793 000	10 923 000
Other Income	3 674 000	1 889 000	1 203 000	274 000
Revenue	13 348 000	17 292 000	32 996 000	11 197 000
Cost of Goods Sold	2 563 000	4 234 000	9 051 000	2 987 000
Salary Costs	3 755 000	6 706 000	14 437 000	3 696 000
Depreciation	991 000	1 005 000	935 000	230 000
Impairment	0	0	0	0
Expenditure	13 086 000	19 202 000	34 553 000	9 634 000
Operating Profit	262 000	−1 910 000	−1 556 000	1 563 000
Financial Income	3 000	6 000	13 000	0
Financial Costs	69 000	54 000	50 000	20 000
Financial Balance	−66 000	−48 000	−37 000	−20 000
Dividends	0	0	0	0
Net Income	139 000	−1 559 000	−1 250 000	1 189 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	408 000	529 000	488 000	258 000
Real Eastate	3 810 000	4 359 000	4 908 000	3 830 000
Machinery and Plant Facilities	58 000	23 000	31 000	0
Fixtures	592 000	794 000	1 179 000	1 231 000
Total Tangible Assets	4 461 000	5 176 000	6 117 000	5 061 000
Total Fiancial Fixed Assets	1 486 000	36 000	36 000	36 000
Total Fixed Assets	6 355 000	5 742 000	6 642 000	5 355 000
Stock	266 000	201 000	559 000	596 000
Total Investments	0	0	0	0
Cash, Bank	342 000	1 202 000	2 637 000	4 580 000
Total Current Assets	2 296 000	3 024 000	4 255 000	6 096 000
Total Assets	8 651 000	8 766 000	10 897 000	11 451 000
Total Equity	1 838 000	1 700 000	3 259 000	4 509 000
Short-Term Group Debt	0	100 000	600 000	600 000
Total Long-Term Debt	2 959 000	3 312 000	1 338 000	1 153 000
Creditors	1 384 000	1 113 000	1 522 000	1 789 000
Unpaid Taxes	937 000	1 149 000	1 439 000	1 131 000
Dividends	0	0	0	0
Other Current Debt	1 533 000	1 392 000	2 739 000	1 961 000
Total Current Debt	3 853 000	3 754 000	6 300 000	5 789 000
Total Equity and Debt	8 651 000	8 766 000	10 897 000	11 451 000

Financial indicators	2021	2020	2019	2018
Return on Equity	7,56 %	−91,71 %	−38,36 %	26,37 %
Debt-to-Equity Ratio	1,61	1,95	0,41	0,26
Operating Profit Margin	1,96 %	−11,05 %	−4,72 %	13,96 %
Current Ratio	0,6	0,81	0,68	1,05
Quick Ratio	0,64	0,85	0,74	1,17
Equity Ratio	0,21	0,19	0,3	0,39
Gross Profit Margin	80,8 %	75,51 %	72,57 %	73,32 %