SKIEN NÆRINGSFOND AS

3936 PORSGRUNN

Finances

Return on Equity

2,5 %

Current Ratio

8,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	403 000	298 000	1 836 000	103 000
Net Income	200 000	−3 908 000	−1 673 000	−692 000
Total Assets	8 730 000	8 290 000	19 152 000	8 510 000
Total Equity	7 989 000	7 789 000	11 697 000	8 370 000

Income (NOK)	2022	2021	2020	2019
Revenue	403 000	298 000	1 836 000	103 000
Expenditure	275 000	4 238 000	176 000	853 000
Operating Profit	128 000	−3 940 000	−1 737 000	−750 000
Financial Income	72 000	32 000	64 000	58 000
Financial Costs	0	0	0	0
Financial Balance	72 000	32 000	64 000	58 000
Earnings Before Tax	200 000	−3 908 000	−1 673 000	−692 000
Tax	0	0	0	0
Net Income	200 000	−3 908 000	−1 673 000	−692 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 785 000	2 939 000	3 963 000	4 031 000
Total Current Assets	5 945 000	5 351 000	15 189 000	4 480 000
Total Assets	8 730 000	8 290 000	19 152 000	8 510 000
Total Retained Equity	−2 111 000	−3 908 000	0	−1 630 000
Total Equity	7 989 000	7 789 000	11 697 000	8 370 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	741 000	501 000	7 455 000	140 000
Total Equity and Debt	8 730 000	8 290 000	19 152 000	8 510 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	393 000	298 000	1 836 000	99 000
Other Income	10 000	0	0	4 000
Revenue	403 000	298 000	1 836 000	103 000
Cost of Goods Sold	0	0	0	0
Salary Costs	74 000	64 000	64 000	90 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	275 000	4 238 000	176 000	853 000
Operating Profit	128 000	−3 940 000	−1 737 000	−750 000
Financial Income	72 000	32 000	64 000	58 000
Financial Costs	0	0	0	0
Financial Balance	72 000	32 000	64 000	58 000
Dividends	0	0	0	0
Net Income	200 000	−3 908 000	−1 673 000	−692 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	2 785 000	2 939 000	3 963 000	4 031 000
Total Fixed Assets	2 785 000	2 939 000	3 963 000	4 031 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 945 000	5 351 000	15 189 000	4 480 000
Total Current Assets	5 945 000	5 351 000	15 189 000	4 480 000
Total Assets	8 730 000	8 290 000	19 152 000	8 510 000
Total Equity	7 989 000	7 789 000	11 697 000	8 370 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	125 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	616 000	501 000	7 455 000	140 000
Total Current Debt	741 000	501 000	7 455 000	140 000
Total Equity and Debt	8 730 000	8 290 000	19 152 000	8 510 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,5 %	−50,17 %	−14,3 %	−8,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	31,76 %	−1 322,15 %	−94,61 %	−728,16 %
Current Ratio	8,02	10,68	2,04	32
Quick Ratio	8,02	10,68	2,04	32
Equity Ratio	0,92	0,94	0,61	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %