SKARNES JERNVARE AS

2100 SKARNES

Finances

Share Ownership

Return on Equity

3,75 %

Current Ratio

1,94

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 485 000	7 812 000	7 252 000	5 793 000
Net Income	49 000	162 000	160 000	28 000
Total Assets	3 220 000	2 432 000	2 454 000	2 154 000
Total Equity	1 308 000	1 259 000	1 097 000	937 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 485 000	7 812 000	7 252 000	5 793 000
Expenditure	6 372 000	7 549 000	7 002 000	5 704 000
Operating Profit	114 000	264 000	250 000	90 000
Financial Income	2 000	2 000	2 000	3 000
Financial Costs	43 000	46 000	45 000	46 000
Financial Balance	−41 000	−44 000	−43 000	−43 000
Earnings Before Tax	72 000	221 000	207 000	47 000
Tax	23 000	59 000	47 000	19 000
Net Income	49 000	162 000	160 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	110 000	171 000	170 000
Total Current Assets	3 171 000	2 321 000	2 283 000	1 984 000
Total Assets	3 220 000	2 432 000	2 454 000	2 154 000
Total Retained Equity	1 208 000	1 159 000	997 000	837 000
Total Equity	1 308 000	1 259 000	1 097 000	937 000
Total Long-Term Debt	280 000	394 000	134 000	183 000
Total Current Debt	1 632 000	779 000	1 224 000	1 034 000
Total Equity and Debt	3 220 000	2 432 000	2 454 000	2 154 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 485 000	7 812 000	7 252 000	5 793 000
Other Income	0	0	0	0
Revenue	6 485 000	7 812 000	7 252 000	5 793 000
Cost of Goods Sold	4 045 000	5 303 000	4 810 000	3 710 000
Salary Costs	1 685 000	1 570 000	1 582 000	1 305 000
Depreciation	61 000	61 000	53 000	50 000
Impairment	0	0	0	0
Expenditure	6 372 000	7 549 000	7 002 000	5 704 000
Operating Profit	114 000	264 000	250 000	90 000
Financial Income	2 000	2 000	2 000	3 000
Financial Costs	43 000	46 000	45 000	46 000
Financial Balance	−41 000	−44 000	−43 000	−43 000
Dividends	0	0	0	0
Net Income	49 000	162 000	160 000	28 000

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	21 000	71 000	120 000	170 000
Fixtures	29 000	40 000	51 000	0
Total Tangible Assets	50 000	110 000	171 000	170 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	110 000	171 000	170 000
Stock	2 109 000	1 468 000	1 325 000	1 461 000
Total Investments	0	0	0	0
Cash, Bank	596 000	698 000	571 000	298 000
Total Current Assets	3 171 000	2 321 000	2 283 000	1 984 000
Total Assets	3 220 000	2 432 000	2 454 000	2 154 000
Total Equity	1 308 000	1 259 000	1 097 000	937 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	280 000	394 000	134 000	183 000
Creditors	1 282 000	238 000	624 000	616 000
Unpaid Taxes	101 000	172 000	149 000	147 000
Dividends	0	0	0	0
Other Current Debt	226 000	310 000	404 000	251 000
Total Current Debt	1 632 000	779 000	1 224 000	1 034 000
Total Equity and Debt	3 220 000	2 432 000	2 454 000	2 154 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,75 %	12,87 %	14,59 %	2,99 %
Debt-to-Equity Ratio	0,21	0,31	0,12	0,2
Operating Profit Margin	1,76 %	3,38 %	3,45 %	1,55 %
Current Ratio	1,94	2,98	1,87	1,92
Quick Ratio	−6,65	−3,37	−22,6	−4,65
Equity Ratio	0,41	0,52	0,45	0,44
Gross Profit Margin	37,63 %	32,12 %	33,67 %	35,96 %