SKARPENORD CORROSION AS

1659 TORP

Finances

Share Ownership

Return on Equity

72,19 %

Current Ratio

2,32

Debt-to-Equity Ratio

0,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 105 000	25 402 000	31 827 000	38 817 000
Net Income	4 302 000	−1 709 000	3 854 000	6 049 000
Total Assets	16 145 000	15 575 000	22 244 000	21 436 000
Total Equity	5 959 000	7 177 000	12 726 000	13 072 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 105 000	25 402 000	31 827 000	38 817 000
Expenditure	35 312 000	26 987 000	26 783 000	31 586 000
Operating Profit	5 696 000	−2 016 000	4 988 000	7 763 000
Financial Income	53 000	18 000	72 000	25 000
Financial Costs	234 000	193 000	118 000	33 000
Financial Balance	−181 000	−175 000	−46 000	−8 000
Earnings Before Tax	5 516 000	−2 191 000	4 941 000	7 755 000
Tax	1 214 000	−482 000	1 087 000	1 707 000
Net Income	4 302 000	−1 709 000	3 854 000	6 049 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 770 000	5 013 000	5 168 000	550 000
Total Current Assets	12 375 000	10 562 000	17 076 000	20 886 000
Total Assets	16 145 000	15 575 000	22 244 000	21 436 000
Total Retained Equity	4 359 000	5 577 000	0	0
Total Equity	5 959 000	7 177 000	12 726 000	13 072 000
Total Long-Term Debt	4 850 000	5 187 000	4 835 000	1 950 000
Total Current Debt	5 335 000	3 211 000	4 683 000	6 413 000
Total Equity and Debt	16 145 000	15 575 000	22 244 000	21 436 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 105 000	25 402 000	31 827 000	38 817 000
Other Income	0	0	0	0
Revenue	41 105 000	25 402 000	31 827 000	38 817 000
Cost of Goods Sold	18 055 000	12 027 000	12 738 000	16 487 000
Salary Costs	6 911 000	6 883 000	7 389 000	7 642 000
Depreciation	556 000	582 000	322 000	62 000
Impairment	0	0	0	0
Expenditure	35 312 000	26 987 000	26 783 000	31 586 000
Operating Profit	5 696 000	−2 016 000	4 988 000	7 763 000
Financial Income	53 000	18 000	72 000	25 000
Financial Costs	234 000	193 000	118 000	33 000
Financial Balance	−181 000	−175 000	−46 000	−8 000
Dividends	0	0	0	0
Net Income	4 302 000	−1 709 000	3 854 000	6 049 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	427 000	0	259 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 759 000	4 575 000	5 157 000	279 000
Total Tangible Assets	3 759 000	4 575 000	5 157 000	279 000
Total Fiancial Fixed Assets	12 000	12 000	12 000	12 000
Total Fixed Assets	3 770 000	5 013 000	5 168 000	550 000
Stock	3 831 000	3 029 000	3 843 000	4 338 000
Total Investments	0	0	0	0
Cash, Bank	2 907 000	5 649 000	9 946 000	7 030 000
Total Current Assets	12 375 000	10 562 000	17 076 000	20 886 000
Total Assets	16 145 000	15 575 000	22 244 000	21 436 000
Total Equity	5 959 000	7 177 000	12 726 000	13 072 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 850 000	5 187 000	4 835 000	1 950 000
Creditors	2 205 000	1 695 000	1 940 000	2 425 000
Unpaid Taxes	1 086 000	275 000	660 000	504 000
Dividends	0	0	0	0
Other Current Debt	1 308 000	1 241 000	1 310 000	1 782 000
Total Current Debt	5 335 000	3 211 000	4 683 000	6 413 000
Total Equity and Debt	16 145 000	15 575 000	22 244 000	21 436 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,19 %	−23,81 %	30,28 %	46,27 %
Debt-to-Equity Ratio	0,81	0,72	0,38	0,15
Operating Profit Margin	13,86 %	−7,94 %	15,67 %	20 %
Current Ratio	2,32	3,29	3,65	3,26
Quick Ratio	8,23	58,03	20,33	10,07
Equity Ratio	0,37	0,46	0,57	0,61
Gross Profit Margin	56,08 %	52,65 %	59,98 %	57,53 %