SKARTVEIT HANDEL AS

4182 SKARTVEIT

Finances

Return on Equity

12,56 %

Current Ratio

0,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	20 824 000	17 853 000	15 989 000
Net Income	106 000	−186 000	489 000
Total Assets	4 614 000	3 950 000	3 457 000
Total Equity	844 000	738 000	924 000

Income (NOK)	2022	2021	2020
Revenue	20 824 000	17 853 000	15 989 000
Expenditure	20 689 000	18 114 000	15 378 000
Operating Profit	135 000	−262 000	612 000
Financial Income	31 000	30 000	22 000
Financial Costs	37 000	14 000	17 000
Financial Balance	−6 000	16 000	5 000
Earnings Before Tax	128 000	−246 000	617 000
Tax	22 000	−60 000	128 000
Net Income	106 000	−186 000	489 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 184 000	1 496 000	1 508 000
Total Current Assets	3 429 000	2 454 000	1 949 000
Total Assets	4 614 000	3 950 000	3 457 000
Total Retained Equity	410 000	303 000	489 000
Total Equity	844 000	738 000	924 000
Total Long-Term Debt	1 000	0	56 000
Total Current Debt	3 768 000	3 212 000	2 478 000
Total Equity and Debt	4 614 000	3 950 000	3 457 000

Cash flow (NOK)	2022	2021	2020
Sales Income	20 814 000	17 853 000	15 904 000
Other Income	10 000	0	85 000
Revenue	20 824 000	17 853 000	15 989 000
Cost of Goods Sold	17 673 000	14 987 000	12 552 000
Salary Costs	961 000	817 000	856 000
Depreciation	372 000	403 000	300 000
Impairment	0	0	0
Expenditure	20 689 000	18 114 000	15 378 000
Operating Profit	135 000	−262 000	612 000
Financial Income	31 000	30 000	22 000
Financial Costs	37 000	14 000	17 000
Financial Balance	−6 000	16 000	5 000
Dividends	0	0	0
Net Income	106 000	−186 000	489 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	4 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	989 000	1 296 000	1 313 000
Total Tangible Assets	989 000	1 296 000	1 313 000
Total Fiancial Fixed Assets	195 000	195 000	195 000
Total Fixed Assets	1 184 000	1 496 000	1 508 000
Stock	658 000	577 000	577 000
Total Investments	0	0	0
Cash, Bank	1 100 000	586 000	438 000
Total Current Assets	3 429 000	2 454 000	1 949 000
Total Assets	4 614 000	3 950 000	3 457 000
Total Equity	844 000	738 000	924 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	0	56 000
Creditors	1 080 000	442 000	392 000
Unpaid Taxes	215 000	45 000	40 000
Dividends	0	0	0
Other Current Debt	2 457 000	2 725 000	1 907 000
Total Current Debt	3 768 000	3 212 000	2 478 000
Total Equity and Debt	4 614 000	3 950 000	3 457 000

Financial indicators	2022	2021	2020
Return on Equity	12,56 %	−25,2 %	52,92 %
Debt-to-Equity Ratio	0	0	0,06
Operating Profit Margin	0,65 %	−1,47 %	3,83 %
Current Ratio	0,91	0,76	0,79
Quick Ratio	1,1	0,93	1,03
Equity Ratio	0,18	0,19	0,27
Gross Profit Margin	15,13 %	16,05 %	21,5 %