SKAAR TEKSTIL AS

6010 ÅLESUND

Finances

Return on Equity

4,82 %

Current Ratio

2,15

Debt-to-Equity Ratio

0,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 702 000	5 982 000	5 973 000	5 882 000
Net Income	50 000	96 000	28 000	88 000
Total Assets	3 343 000	3 124 000	3 188 000	3 073 000
Total Equity	1 038 000	988 000	892 000	863 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 702 000	5 982 000	5 973 000	5 882 000
Expenditure	6 593 000	5 857 000	5 874 000	5 753 000
Operating Profit	108 000	125 000	98 000	129 000
Financial Income	38 000	33 000	38 000	12 000
Financial Costs	82 000	35 000	100 000	28 000
Financial Balance	−44 000	−2 000	−62 000	−16 000
Earnings Before Tax	65 000	123 000	36 000	113 000
Tax	14 000	27 000	8 000	25 000
Net Income	50 000	96 000	28 000	88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 000	71 000	73 000	74 000
Total Current Assets	3 279 000	3 053 000	3 116 000	2 999 000
Total Assets	3 343 000	3 124 000	3 188 000	3 073 000
Total Retained Equity	338 000	288 000	192 000	163 000
Total Equity	1 038 000	988 000	892 000	863 000
Total Long-Term Debt	781 000	699 000	884 000	758 000
Total Current Debt	1 524 000	1 437 000	1 412 000	1 452 000
Total Equity and Debt	3 343 000	3 124 000	3 188 000	3 073 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 660 000	5 982 000	5 909 000	5 882 000
Other Income	42 000	0	64 000	0
Revenue	6 702 000	5 982 000	5 973 000	5 882 000
Cost of Goods Sold	3 419 000	3 223 000	3 457 000	3 274 000
Salary Costs	1 867 000	1 421 000	1 176 000	1 166 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 593 000	5 857 000	5 874 000	5 753 000
Operating Profit	108 000	125 000	98 000	129 000
Financial Income	38 000	33 000	38 000	12 000
Financial Costs	82 000	35 000	100 000	28 000
Financial Balance	−44 000	−2 000	−62 000	−16 000
Dividends	0	0	0	0
Net Income	50 000	96 000	28 000	88 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	64 000	71 000	73 000	74 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	64 000	71 000	73 000	74 000
Stock	3 128 000	2 908 000	2 969 000	2 747 000
Total Investments	0	0	0	0
Cash, Bank	10 000	3 000	9 000	37 000
Total Current Assets	3 279 000	3 053 000	3 116 000	2 999 000
Total Assets	3 343 000	3 124 000	3 188 000	3 073 000
Total Equity	1 038 000	988 000	892 000	863 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	781 000	699 000	884 000	758 000
Creditors	385 000	470 000	42 000	139 000
Unpaid Taxes	212 000	266 000	617 000	267 000
Dividends	0	0	0	0
Other Current Debt	468 000	488 000	372 000	387 000
Total Current Debt	1 524 000	1 437 000	1 412 000	1 452 000
Total Equity and Debt	3 343 000	3 124 000	3 188 000	3 073 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,82 %	9,72 %	3,14 %	10,2 %
Debt-to-Equity Ratio	0,75	0,71	0,99	0,88
Operating Profit Margin	1,61 %	2,09 %	1,64 %	2,19 %
Current Ratio	2,15	2,12	2,21	2,07
Quick Ratio	−2,04	−2,08	−2	−2,32
Equity Ratio	0,31	0,32	0,28	0,28
Gross Profit Margin	48,99 %	46,12 %	42,12 %	44,34 %