SKYTTEL AS

5058 BERGEN

Finances

Return on Equity

56,16 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	149 115 000	103 466 000	67 297 000	49 879 000
Net Income	30 952 000	20 435 000	12 769 000	4 372 000
Total Assets	1 043 571 000	1 001 347 000	938 498 000	825 518 000
Total Equity	55 115 000	36 164 000	21 551 000	9 976 000

Income (NOK)	2022	2021	2020	2019
Revenue	149 115 000	103 466 000	67 297 000	49 879 000
Expenditure	109 859 000	76 920 000	50 150 000	43 824 000
Operating Profit	39 255 000	26 546 000	17 147 000	6 055 000
Financial Income	1 699 000	640 000	86 000	25 000
Financial Costs	1 272 000	988 000	861 000	475 000
Financial Balance	427 000	−348 000	−775 000	−450 000
Earnings Before Tax	39 683 000	26 198 000	16 372 000	5 606 000
Tax	8 731 000	5 764 000	3 604 000	1 234 000
Net Income	30 952 000	20 435 000	12 769 000	4 372 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 555 000	1 665 000	2 187 000	3 377 000
Total Current Assets	1 042 017 000	999 682 000	936 310 000	822 141 000
Total Assets	1 043 571 000	1 001 347 000	938 498 000	825 518 000
Total Retained Equity	49 800 000	30 849 000	16 236 000	5 718 000
Total Equity	55 115 000	36 164 000	21 551 000	9 976 000
Total Long-Term Debt	0	0	963 000	0
Total Current Debt	988 456 000	965 183 000	915 984 000	815 542 000
Total Equity and Debt	1 043 571 000	1 001 347 000	938 498 000	825 518 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	145 585 000	101 170 000	67 297 000	49 879 000
Other Income	3 531 000	2 296 000	0	0
Revenue	149 115 000	103 466 000	67 297 000	49 879 000
Cost of Goods Sold	45 750 000	22 339 000	14 616 000	16 654 000
Salary Costs	30 292 000	28 590 000	25 628 000	18 300 000
Depreciation	592 000	1 262 000	1 189 000	1 039 000
Impairment	0	0	0	0
Expenditure	109 859 000	76 920 000	50 150 000	43 824 000
Operating Profit	39 255 000	26 546 000	17 147 000	6 055 000
Financial Income	1 699 000	640 000	86 000	25 000
Financial Costs	1 272 000	988 000	861 000	475 000
Financial Balance	427 000	−348 000	−775 000	−450 000
Dividends	12 000 000	9 000 000	3 000 000	750 000
Net Income	30 952 000	20 435 000	12 769 000	4 372 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 301 000	1 152 000	985 000	1 952 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	254 000	513 000	772 000	995 000
Total Tangible Assets	254 000	513 000	772 000	995 000
Total Fiancial Fixed Assets	0	0	430 000	430 000
Total Fixed Assets	1 555 000	1 665 000	2 187 000	3 377 000
Stock	4 331 000	1 536 000	239 000	718 000
Total Investments	0	0	0	0
Cash, Bank	921 670 000	911 962 000	892 478 000	775 301 000
Total Current Assets	1 042 017 000	999 682 000	936 310 000	822 141 000
Total Assets	1 043 571 000	1 001 347 000	938 498 000	825 518 000
Total Equity	55 115 000	36 164 000	21 551 000	9 976 000
Short-Term Group Debt	0	0	0	145 000
Total Long-Term Debt	0	0	963 000	0
Creditors	77 659 000	38 154 000	1 620 000	1 795 000
Unpaid Taxes	5 965 000	6 810 000	3 285 000	1 950 000
Dividends	12 000 000	9 000 000	3 000 000	750 000
Other Current Debt	9 563 000	14 096 000	5 222 000	778 281 000
Total Current Debt	988 456 000	965 183 000	915 984 000	815 542 000
Total Equity and Debt	1 043 571 000	1 001 347 000	938 498 000	825 518 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,16 %	56,51 %	59,25 %	43,83 %
Debt-to-Equity Ratio	0	0	0,04	0
Operating Profit Margin	26,33 %	25,66 %	25,48 %	12,14 %
Current Ratio	1,05	1,04	1,02	1,01
Quick Ratio	1,06	1,04	1,02	1,01
Equity Ratio	0,05	0,04	0,02	0,01
Gross Profit Margin	69,32 %	78,41 %	78,28 %	66,61 %