SKIEN BATTERI & ENERGISERVICE AS

3734 SKIEN

Finances

Share Ownership

Return on Equity

73,87 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 945 000	929 000	708 000	0
Net Income	229 000	−40 000	74 000	−3 000
Total Assets	832 000	263 000	299 000	97 000
Total Equity	310 000	81 000	24 000	97 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 945 000	929 000	708 000	0
Expenditure	1 647 000	975 000	612 000	6 000
Operating Profit	298 000	−46 000	96 000	−6 000
Financial Income	0	0	0	0
Financial Costs	3 000	5 000	0	0
Financial Balance	−3 000	−5 000	0	0
Earnings Before Tax	294 000	−50 000	96 000	−6 000
Tax	65 000	−10 000	22 000	−2 000
Net Income	229 000	−40 000	74 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	348 000	35 000	35 000	2 000
Total Current Assets	484 000	228 000	264 000	94 000
Total Assets	832 000	263 000	299 000	97 000
Total Retained Equity	260 000	31 000	71 000	−3 000
Total Equity	310 000	81 000	24 000	97 000
Total Long-Term Debt	259 000	0	3 000	0
Total Current Debt	263 000	182 000	273 000	0
Total Equity and Debt	832 000	263 000	299 000	97 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 945 000	929 000	708 000	0
Other Income	0	0	0	0
Revenue	1 945 000	929 000	708 000	0
Cost of Goods Sold	708 000	240 000	378 000	0
Salary Costs	798 000	628 000	179 000	0
Depreciation	19 000	7 000	1 000	0
Impairment	0	0	0	0
Expenditure	1 647 000	975 000	612 000	6 000
Operating Profit	298 000	−46 000	96 000	−6 000
Financial Income	0	0	0	0
Financial Costs	3 000	5 000	0	0
Financial Balance	−3 000	−5 000	0	0
Dividends	0	0	0	0
Net Income	229 000	−40 000	74 000	−3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	7 000	0	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	348 000	28 000	35 000	0
Total Tangible Assets	348 000	28 000	35 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	348 000	35 000	35 000	2 000
Stock	18 000	20 000	0	0
Total Investments	0	0	0	0
Cash, Bank	319 000	61 000	139 000	94 000
Total Current Assets	484 000	228 000	264 000	94 000
Total Assets	832 000	263 000	299 000	97 000
Total Equity	310 000	81 000	24 000	97 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	259 000	0	3 000	0
Creditors	9 000	16 000	67 000	0
Unpaid Taxes	128 000	70 000	55 000	0
Dividends	0	0	0	0
Other Current Debt	86 000	97 000	134 000	0
Total Current Debt	263 000	182 000	273 000	0
Total Equity and Debt	832 000	263 000	299 000	97 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,87 %	−49,38 %	308,33 %	−3,09 %
Debt-to-Equity Ratio	0,84	0	0,13	0
Operating Profit Margin	15,32 %	−4,95 %	13,56 %	-
Current Ratio	1,84	1,25	0,97	-
Quick Ratio	1,98	1,41	0,97	-
Equity Ratio	0,37	0,31	0,08	1
Gross Profit Margin	63,6 %	74,17 %	46,61 %	-