SKARWELD AS

3962 STATHELLE

Finances

Share Ownership

Return on Equity

100,07 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 794 000	7 017 000	10 515 000	23 629 000
Net Income	1 505 000	526 000	768 000	1 517 000
Total Assets	4 472 000	6 548 000	6 437 000	13 761 000
Total Equity	1 504 000	1 499 000	2 283 000	3 922 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 794 000	7 017 000	10 515 000	23 629 000
Expenditure	10 378 000	6 309 000	9 501 000	21 665 000
Operating Profit	2 416 000	709 000	1 015 000	1 964 000
Financial Income	22 000	3 000	14 000	13 000
Financial Costs	8 000	37 000	43 000	31 000
Financial Balance	14 000	−34 000	−29 000	−18 000
Earnings Before Tax	2 430 000	675 000	985 000	1 945 000
Tax	925 000	148 000	217 000	428 000
Net Income	1 505 000	526 000	768 000	1 517 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	149 000	94 000	117 000	157 000
Total Current Assets	4 323 000	6 454 000	6 320 000	13 604 000
Total Assets	4 472 000	6 548 000	6 437 000	13 761 000
Total Retained Equity	5 000	0	0	1 639 000
Total Equity	1 504 000	1 499 000	2 283 000	3 922 000
Total Long-Term Debt	0	15 000	11 000	327 000
Total Current Debt	2 968 000	5 034 000	4 144 000	9 512 000
Total Equity and Debt	4 472 000	6 548 000	6 437 000	13 761 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 732 000	6 080 000	11 293 000	20 285 000
Other Income	−938 000	938 000	−778 000	3 344 000
Revenue	12 794 000	7 017 000	10 515 000	23 629 000
Cost of Goods Sold	8 017 000	5 204 000	8 506 000	19 679 000
Salary Costs	0	0	0	112 000
Depreciation	49 000	43 000	40 000	33 000
Impairment	0	0	0	0
Expenditure	10 378 000	6 309 000	9 501 000	21 665 000
Operating Profit	2 416 000	709 000	1 015 000	1 964 000
Financial Income	22 000	3 000	14 000	13 000
Financial Costs	8 000	37 000	43 000	31 000
Financial Balance	14 000	−34 000	−29 000	−18 000
Dividends	1 500 000	800 000	1 479 000	0
Net Income	1 505 000	526 000	768 000	1 517 000

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	149 000	94 000	117 000	157 000
Total Tangible Assets	149 000	94 000	117 000	157 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	149 000	94 000	117 000	157 000
Stock	46 000	56 000	61 000	69 000
Total Investments	0	0	0	0
Cash, Bank	384 000	817 000	814 000	606 000
Total Current Assets	4 323 000	6 454 000	6 320 000	13 604 000
Total Assets	4 472 000	6 548 000	6 437 000	13 761 000
Total Equity	1 504 000	1 499 000	2 283 000	3 922 000
Short-Term Group Debt	0	654 000	1 190 000	0
Total Long-Term Debt	0	15 000	11 000	327 000
Creditors	527 000	2 288 000	464 000	6 089 000
Unpaid Taxes	0	81 000	291 000	1 691 000
Dividends	1 500 000	800 000	1 479 000	0
Other Current Debt	0	795 000	0	1 230 000
Total Current Debt	2 968 000	5 034 000	4 144 000	9 512 000
Total Equity and Debt	4 472 000	6 548 000	6 437 000	13 761 000

Financial indicators	2022	2021	2020	2019
Return on Equity	100,07 %	35,09 %	33,64 %	38,68 %
Debt-to-Equity Ratio	0	0,01	0	0,08
Operating Profit Margin	18,88 %	10,1 %	9,65 %	8,31 %
Current Ratio	1,46	1,28	1,53	1,43
Quick Ratio	1,48	1,3	1,55	1,44
Equity Ratio	0,34	0,23	0,35	0,29
Gross Profit Margin	37,34 %	25,84 %	19,11 %	16,72 %