SKIENS AKTIEBAKERI

3717 SKIEN

Finances

Return on Equity

1,08 %

Current Ratio

18,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	200 000	200 000	200 000	200 000
Net Income	104 000	898 000	870 000	208 000
Total Assets	10 020 000	10 328 000	9 892 000	9 328 000
Total Equity	9 602 000	9 742 000	9 320 000	8 935 000

Income (NOK)	2022	2021	2020	2019
Revenue	200 000	200 000	200 000	200 000
Expenditure	306 000	207 000	214 000	330 000
Operating Profit	−106 000	−7 000	−14 000	−130 000
Financial Income	225 000	907 000	550 000	362 000
Financial Costs	15 000	0	−334 000	24 000
Financial Balance	210 000	907 000	884 000	338 000
Earnings Before Tax	104 000	900 000	870 000	208 000
Tax	0	2 000	0	0
Net Income	104 000	898 000	870 000	208 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 458 000	2 458 000	2 458 000	2 859 000
Total Current Assets	7 562 000	7 870 000	7 434 000	6 469 000
Total Assets	10 020 000	10 328 000	9 892 000	9 328 000
Total Retained Equity	9 302 000	9 442 000	9 020 000	8 635 000
Total Equity	9 602 000	9 742 000	9 320 000	8 935 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	418 000	586 000	573 000	393 000
Total Equity and Debt	10 020 000	10 328 000	9 892 000	9 328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	200 000	200 000	200 000	200 000
Other Income	0	0	0	0
Revenue	200 000	200 000	200 000	200 000
Cost of Goods Sold	0	0	0	0
Salary Costs	113 000	119 000	98 000	102 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	306 000	207 000	214 000	330 000
Operating Profit	−106 000	−7 000	−14 000	−130 000
Financial Income	225 000	907 000	550 000	362 000
Financial Costs	15 000	0	−334 000	24 000
Financial Balance	210 000	907 000	884 000	338 000
Dividends	300 000	500 000	500 000	250 000
Net Income	104 000	898 000	870 000	208 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	102 000	102 000	102 000	102 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	102 000	102 000	102 000	102 000
Total Fiancial Fixed Assets	2 356 000	2 356 000	2 356 000	2 757 000
Total Fixed Assets	2 458 000	2 458 000	2 458 000	2 859 000
Stock	0	0	0	0
Total Investments	3 898 000	3 911 000	3 389 000	3 332 000
Cash, Bank	3 637 000	3 952 000	4 046 000	3 136 000
Total Current Assets	7 562 000	7 870 000	7 434 000	6 469 000
Total Assets	10 020 000	10 328 000	9 892 000	9 328 000
Total Equity	9 602 000	9 742 000	9 320 000	8 935 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	8 000	80 000
Unpaid Taxes	300 000	500 000	500 000	250 000
Dividends	300 000	500 000	500 000	250 000
Other Current Debt	8 000	0	65 000	63 000
Total Current Debt	418 000	586 000	573 000	393 000
Total Equity and Debt	10 020 000	10 328 000	9 892 000	9 328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,08 %	9,22 %	9,33 %	2,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−53 %	−3,5 %	−7 %	−65 %
Current Ratio	18,09	13,43	12,97	16,46
Quick Ratio	18,09	13,43	12,97	16,46
Equity Ratio	0,96	0,94	0,94	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %