SKIEN ØLUTSALG AS

4370 EGERSUND

Finances

Share Ownership

Return on Equity

48,3 %

Current Ratio

0,3

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 943 000	3 449 000	3 533 000	1 978 000
Net Income	−555 000	−270 000	−203 000	−421 000
Total Assets	987 000	1 254 000	1 175 000	926 000
Total Equity	−1 149 000	−594 000	−324 000	−121 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 943 000	3 449 000	3 533 000	1 978 000
Expenditure	2 461 000	3 700 000	3 717 000	2 387 000
Operating Profit	−518 000	−252 000	−184 000	−409 000
Financial Income	0	0	0	0
Financial Costs	36 000	18 000	19 000	12 000
Financial Balance	−36 000	−18 000	−19 000	−12 000
Earnings Before Tax	−555 000	−270 000	−203 000	−421 000
Tax	0	0	0	0
Net Income	−555 000	−270 000	−203 000	−421 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	353 000	391 000	429 000	468 000
Total Current Assets	634 000	863 000	746 000	458 000
Total Assets	987 000	1 254 000	1 175 000	926 000
Total Retained Equity	−1 449 000	−894 000	−624 000	−421 000
Total Equity	−1 149 000	−594 000	−324 000	−121 000
Total Long-Term Debt	0	600 000	600 000	600 000
Total Current Debt	2 135 000	1 248 000	899 000	447 000
Total Equity and Debt	987 000	1 254 000	1 175 000	926 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 943 000	3 389 000	3 483 000	1 978 000
Other Income	0	60 000	50 000	0
Revenue	1 943 000	3 449 000	3 533 000	1 978 000
Cost of Goods Sold	1 237 000	2 218 000	2 289 000	1 242 000
Salary Costs	664 000	837 000	852 000	600 000
Depreciation	4 000	4 000	4 000	24 000
Impairment	0	0	0	0
Expenditure	2 461 000	3 700 000	3 717 000	2 387 000
Operating Profit	−518 000	−252 000	−184 000	−409 000
Financial Income	0	0	0	0
Financial Costs	36 000	18 000	19 000	12 000
Financial Balance	−36 000	−18 000	−19 000	−12 000
Dividends	0	0	0	0
Net Income	−555 000	−270 000	−203 000	−421 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	300 000	300 000	300 000	300 000
Real Eastate	44 000	79 000	113 000	147 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	13 000	17 000	21 000
Total Tangible Assets	53 000	91 000	129 000	168 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	353 000	391 000	429 000	468 000
Stock	45 000	264 000	286 000	205 000
Total Investments	0	0	0	0
Cash, Bank	416 000	439 000	300 000	203 000
Total Current Assets	634 000	863 000	746 000	458 000
Total Assets	987 000	1 254 000	1 175 000	926 000
Total Equity	−1 149 000	−594 000	−324 000	−121 000
Short-Term Group Debt	663 000	150 000	100 000	0
Total Long-Term Debt	0	600 000	600 000	600 000
Creditors	984 000	487 000	332 000	149 000
Unpaid Taxes	133 000	336 000	250 000	164 000
Dividends	0	0	0	0
Other Current Debt	356 000	276 000	217 000	135 000
Total Current Debt	2 135 000	1 248 000	899 000	447 000
Total Equity and Debt	987 000	1 254 000	1 175 000	926 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,3 %	45,45 %	62,65 %	347,93 %
Debt-to-Equity Ratio	−0	−1,01	−1,85	−4,96
Operating Profit Margin	−26,66 %	−7,31 %	−5,21 %	−20,68 %
Current Ratio	0,3	0,69	0,83	1,02
Quick Ratio	0,3	0,88	1,22	1,89
Equity Ratio	−1,16	−0,47	−0,28	−0,13
Gross Profit Margin	36,34 %	35,69 %	35,21 %	37,21 %