SKÅRSTAD CONSULTING AS

2019 SKEDSMOKORSET

Finances

Return on Equity

129,63 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 926 000	1 858 000	1 351 000	1 230 000
Net Income	420 000	560 000	193 000	141 000
Total Assets	1 131 000	1 005 000	552 000	433 000
Total Equity	324 000	254 000	44 000	71 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 926 000	1 858 000	1 351 000	1 230 000
Expenditure	1 386 000	1 141 000	1 103 000	1 049 000
Operating Profit	540 000	717 000	248 000	181 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	1 000
Financial Balance	−2 000	0	0	−1 000
Earnings Before Tax	539 000	718 000	248 000	181 000
Tax	119 000	158 000	55 000	40 000
Net Income	420 000	560 000	193 000	141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	76 000	0	0	0
Total Current Assets	1 055 000	1 005 000	552 000	433 000
Total Assets	1 131 000	1 005 000	552 000	433 000
Total Retained Equity	294 000	224 000	14 000	41 000
Total Equity	324 000	254 000	44 000	71 000
Total Long-Term Debt	0	1 000	1 000	1 000
Total Current Debt	807 000	750 000	507 000	362 000
Total Equity and Debt	1 131 000	1 005 000	552 000	433 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 926 000	1 858 000	1 351 000	1 230 000
Other Income	0	0	0	0
Revenue	1 926 000	1 858 000	1 351 000	1 230 000
Cost of Goods Sold	0	0	1 000	0
Salary Costs	1 056 000	1 012 000	815 000	713 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 386 000	1 141 000	1 103 000	1 049 000
Operating Profit	540 000	717 000	248 000	181 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	1 000
Financial Balance	−2 000	0	0	−1 000
Dividends	350 000	350 000	220 000	100 000
Net Income	420 000	560 000	193 000	141 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	76 000	0	0	0
Total Fixed Assets	76 000	0	0	0
Stock	0	0	0	0
Total Investments	110 000	110 000	0	0
Cash, Bank	557 000	770 000	153 000	262 000
Total Current Assets	1 055 000	1 005 000	552 000	433 000
Total Assets	1 131 000	1 005 000	552 000	433 000
Total Equity	324 000	254 000	44 000	71 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	1 000	1 000
Creditors	51 000	13 000	18 000	28 000
Unpaid Taxes	166 000	118 000	127 000	100 000
Dividends	350 000	350 000	220 000	100 000
Other Current Debt	121 000	110 000	88 000	95 000
Total Current Debt	807 000	750 000	507 000	362 000
Total Equity and Debt	1 131 000	1 005 000	552 000	433 000

Financial indicators	2022	2021	2020	2019
Return on Equity	129,63 %	220,47 %	438,64 %	198,59 %
Debt-to-Equity Ratio	0	0	0,02	0,01
Operating Profit Margin	28,04 %	38,59 %	18,36 %	14,72 %
Current Ratio	1,31	1,34	1,09	1,2
Quick Ratio	1,31	1,34	1,09	1,2
Equity Ratio	0,29	0,25	0,08	0,16
Gross Profit Margin	100 %	100 %	99,93 %	100 %