SKARV TECHNOLOGIES AS

7041 TRONDHEIM

Finances

Share Ownership

Return on Equity

57,08 %

Current Ratio

1,58

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 843 000	4 134 000	2 076 000	388 000
Net Income	548 000	319 000	57 000	12 000
Total Assets	3 625 000	1 728 000	1 172 000	324 000
Total Equity	960 000	412 000	93 000	37 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 843 000	4 134 000	2 076 000	388 000
Expenditure	5 305 000	3 780 000	2 003 000	374 000
Operating Profit	538 000	353 000	73 000	14 000
Financial Income	1 000	1 000	0	0
Financial Costs	2 000	0	1 000	0
Financial Balance	−1 000	1 000	−1 000	0
Earnings Before Tax	537 000	354 000	73 000	14 000
Tax	−11 000	35 000	16 000	2 000
Net Income	548 000	319 000	57 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	309 000	288 000	139 000	0
Total Current Assets	3 315 000	1 439 000	1 033 000	324 000
Total Assets	3 625 000	1 728 000	1 172 000	324 000
Total Retained Equity	936 000	387 000	69 000	12 000
Total Equity	960 000	412 000	93 000	37 000
Total Long-Term Debt	562 000	829 000	518 000	0
Total Current Debt	2 103 000	487 000	561 000	287 000
Total Equity and Debt	3 625 000	1 728 000	1 172 000	324 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 684 000	1 569 000	1 217 000	388 000
Other Income	3 158 000	2 564 000	859 000	0
Revenue	5 843 000	4 134 000	2 076 000	388 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 796 000	2 771 000	1 810 000	351 000
Depreciation	108 000	74 000	14 000	0
Impairment	0	0	0	0
Expenditure	5 305 000	3 780 000	2 003 000	374 000
Operating Profit	538 000	353 000	73 000	14 000
Financial Income	1 000	1 000	0	0
Financial Costs	2 000	0	1 000	0
Financial Balance	−1 000	1 000	−1 000	0
Dividends	0	0	0	0
Net Income	548 000	319 000	57 000	12 000

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	309 000	288 000	139 000	0
Total Tangible Assets	309 000	288 000	139 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	309 000	288 000	139 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 577 000	230 000	573 000	324 000
Total Current Assets	3 315 000	1 439 000	1 033 000	324 000
Total Assets	3 625 000	1 728 000	1 172 000	324 000
Total Equity	960 000	412 000	93 000	37 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	562 000	829 000	518 000	0
Creditors	90 000	38 000	42 000	3 000
Unpaid Taxes	493 000	156 000	148 000	221 000
Dividends	0	0	0	0
Other Current Debt	1 520 000	261 000	362 000	61 000
Total Current Debt	2 103 000	487 000	561 000	287 000
Total Equity and Debt	3 625 000	1 728 000	1 172 000	324 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,08 %	77,43 %	61,29 %	32,43 %
Debt-to-Equity Ratio	0,59	2,01	5,57	0
Operating Profit Margin	9,21 %	8,54 %	3,52 %	3,61 %
Current Ratio	1,58	2,95	1,84	1,13
Quick Ratio	1,58	2,95	1,84	1,13
Equity Ratio	0,26	0,24	0,08	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %