SKAGERAK SOLUTIONS AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

44,71 %

Current Ratio

1,56

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020
Revenue	13 428 000	5 989 000	1 588 000
Net Income	1 048 000	219 000	350 000
Total Assets	7 153 000	2 447 000	1 844 000
Total Equity	2 344 000	380 000	380 000

Income (NOK)	2022	2021	2020
Revenue	13 428 000	5 989 000	1 588 000
Expenditure	12 152 000	5 722 000	1 139 000
Operating Profit	1 276 000	268 000	449 000
Financial Income	8 000	39 000	0
Financial Costs	20 000	25 000	0
Financial Balance	−12 000	14 000	0
Earnings Before Tax	1 265 000	281 000	449 000
Tax	216 000	62 000	99 000
Net Income	1 048 000	219 000	350 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	95 000	25 000	0
Total Current Assets	7 059 000	2 422 000	1 844 000
Total Assets	7 153 000	2 447 000	1 844 000
Total Retained Equity	1 314 000	350 000	350 000
Total Equity	2 344 000	380 000	380 000
Total Long-Term Debt	288 000	1 000 000	0
Total Current Debt	4 522 000	1 067 000	1 464 000
Total Equity and Debt	7 153 000	2 447 000	1 844 000

Cash flow (NOK)	2022	2021	2020
Sales Income	13 428 000	5 989 000	1 588 000
Other Income	0	0	0
Revenue	13 428 000	5 989 000	1 588 000
Cost of Goods Sold	8 097 000	4 424 000	1 122 000
Salary Costs	3 305 000	1 095 000	0
Depreciation	3 000	0	0
Impairment	0	0	0
Expenditure	12 152 000	5 722 000	1 139 000
Operating Profit	1 276 000	268 000	449 000
Financial Income	8 000	39 000	0
Financial Costs	20 000	25 000	0
Financial Balance	−12 000	14 000	0
Dividends	0	0	0
Net Income	1 048 000	219 000	350 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	32 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	22 000	0	0
Total Tangible Assets	22 000	0	0
Total Fiancial Fixed Assets	40 000	25 000	0
Total Fixed Assets	95 000	25 000	0
Stock	319 000	1 875 000	0
Total Investments	0	0	0
Cash, Bank	3 260 000	525 000	334 000
Total Current Assets	7 059 000	2 422 000	1 844 000
Total Assets	7 153 000	2 447 000	1 844 000
Total Equity	2 344 000	380 000	380 000
Short-Term Group Debt	29 000	281 000	0
Total Long-Term Debt	288 000	1 000 000	0
Creditors	3 185 000	88 000	0
Unpaid Taxes	524 000	182 000	365 000
Dividends	0	0	0
Other Current Debt	480 000	516 000	1 000 000
Total Current Debt	4 522 000	1 067 000	1 464 000
Total Equity and Debt	7 153 000	2 447 000	1 844 000

Financial indicators	2022	2021	2020
Return on Equity	44,71 %	57,63 %	92,11 %
Debt-to-Equity Ratio	0,12	2,63	0
Operating Profit Margin	9,5 %	4,47 %	28,27 %
Current Ratio	1,56	2,27	1,26
Quick Ratio	1,68	−3	1,26
Equity Ratio	0,33	0,16	0,21
Gross Profit Margin	39,7 %	26,13 %	29,35 %