M SKJEVIK AS

7633 FROSTA

Finances

Return on Equity

25,38 %

Current Ratio

2,86

Debt-to-Equity Ratio

7,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	282 000	50 000	121 000	484 000
Net Income	117 000	1 000	20 000	301 000
Total Assets	3 791 000	358 000	363 000	442 000
Total Equity	461 000	344 000	343 000	323 000

Income (NOK)	2022	2021	2020	2019
Revenue	282 000	50 000	121 000	484 000
Expenditure	128 000	49 000	95 000	99 000
Operating Profit	153 000	1 000	26 000	384 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Earnings Before Tax	151 000	1 000	25 000	384 000
Tax	34 000	0	6 000	83 000
Net Income	117 000	1 000	20 000	301 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 527 000	57 000	79 000	101 000
Total Current Assets	263 000	301 000	284 000	341 000
Total Assets	3 791 000	358 000	363 000	442 000
Total Retained Equity	431 000	314 000	313 000	293 000
Total Equity	461 000	344 000	343 000	323 000
Total Long-Term Debt	3 238 000	0	2 000	3 000
Total Current Debt	92 000	14 000	18 000	115 000
Total Equity and Debt	3 791 000	358 000	363 000	442 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	158 000	50 000	121 000	484 000
Other Income	123 000	0	0	0
Revenue	282 000	50 000	121 000	484 000
Cost of Goods Sold	0	0	24 000	40 000
Salary Costs	12 000	0	0	0
Depreciation	73 000	22 000	22 000	9 000
Impairment	0	0	0	0
Expenditure	128 000	49 000	95 000	99 000
Operating Profit	153 000	1 000	26 000	384 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Dividends	0	0	0	0
Net Income	117 000	1 000	20 000	301 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	0	0	0
Real Eastate	3 491 000	0	0	0
Machinery and Plant Facilities	0	57 000	79 000	101 000
Fixtures	24 000	0	0	0
Total Tangible Assets	3 514 000	57 000	79 000	101 000
Total Fiancial Fixed Assets	10 000	0	0	0
Total Fixed Assets	3 527 000	57 000	79 000	101 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	166 000	301 000	282 000	198 000
Total Current Assets	263 000	301 000	284 000	341 000
Total Assets	3 791 000	358 000	363 000	442 000
Total Equity	461 000	344 000	343 000	323 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 238 000	0	2 000	3 000
Creditors	22 000	0	1 000	2 000
Unpaid Taxes	30 000	13 000	6 000	30 000
Dividends	0	0	0	0
Other Current Debt	2 000	−1 000	4 000	4 000
Total Current Debt	92 000	14 000	18 000	115 000
Total Equity and Debt	3 791 000	358 000	363 000	442 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,38 %	0,29 %	5,83 %	93,19 %
Debt-to-Equity Ratio	7,02	0	0,01	0,01
Operating Profit Margin	54,26 %	2 %	21,49 %	79,34 %
Current Ratio	2,86	21,5	15,78	2,97
Quick Ratio	2,86	21,5	15,78	2,97
Equity Ratio	0,12	0,96	0,94	0,73
Gross Profit Margin	100 %	100 %	80,17 %	91,74 %