SKARPENORD AS

3660 RJUKAN

Finances

Share Ownership

Return on Equity

−85,77 %

Current Ratio

0,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	77 883 000	85 801 000	92 413 000	134 752 000
Net Income	−7 917 000	−5 026 000	−7 717 000	−4 597 000
Total Assets	80 536 000	56 473 000	58 010 000	76 299 000
Total Equity	9 231 000	−7 852 000	−2 826 000	−4 643 000

Income (NOK)	2022	2021	2020	2019
Revenue	77 883 000	85 801 000	92 413 000	134 752 000
Expenditure	85 240 000	89 846 000	99 114 000	137 298 000
Operating Profit	−7 357 000	−4 045 000	−6 701 000	−2 546 000
Financial Income	515 000	765 000	2 955 000	−403 000
Financial Costs	3 307 000	2 998 000	5 631 000	6 259 000
Financial Balance	−2 792 000	−2 233 000	−2 676 000	−6 662 000
Earnings Before Tax	−10 150 000	−6 442 000	−10 007 000	−5 922 000
Tax	−2 233 000	−1 417 000	−2 290 000	−1 325 000
Net Income	−7 917 000	−5 026 000	−7 717 000	−4 597 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 115 000	22 493 000	25 558 000	26 119 000
Total Current Assets	59 420 000	33 980 000	32 452 000	50 180 000
Total Assets	80 536 000	56 473 000	58 010 000	76 299 000
Total Retained Equity	−36 301 000	−28 384 000	−23 358 000	−15 641 000
Total Equity	9 231 000	−7 852 000	−2 826 000	−4 643 000
Total Long-Term Debt	0	0	575 000	1 529 000
Total Current Debt	71 305 000	64 325 000	60 262 000	79 412 000
Total Equity and Debt	80 536 000	56 473 000	58 010 000	76 299 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	77 767 000	86 361 000	91 421 000	134 641 000
Other Income	116 000	−560 000	992 000	111 000
Revenue	77 883 000	85 801 000	92 413 000	134 752 000
Cost of Goods Sold	28 101 000	29 676 000	37 514 000	59 984 000
Salary Costs	38 204 000	37 761 000	38 943 000	46 978 000
Depreciation	3 509 000	4 576 000	3 557 000	2 909 000
Impairment	0	0	0	0
Expenditure	85 240 000	89 846 000	99 114 000	137 298 000
Operating Profit	−7 357 000	−4 045 000	−6 701 000	−2 546 000
Financial Income	515 000	765 000	2 955 000	−403 000
Financial Costs	3 307 000	2 998 000	5 631 000	6 259 000
Financial Balance	−2 792 000	−2 233 000	−2 676 000	−6 662 000
Dividends	0	0	0	0
Net Income	−7 917 000	−5 026 000	−7 717 000	−4 597 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 888 000	11 353 000	10 907 000	9 587 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	8 227 000	11 140 000	14 652 000	16 531 000
Fixtures	0	0	0	0
Total Tangible Assets	8 227 000	11 140 000	14 652 000	16 531 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 115 000	22 493 000	25 558 000	26 119 000
Stock	18 184 000	10 928 000	13 889 000	16 155 000
Total Investments	0	0	0	0
Cash, Bank	56 000	45 000	31 000	42 000
Total Current Assets	59 420 000	33 980 000	32 452 000	50 180 000
Total Assets	80 536 000	56 473 000	58 010 000	76 299 000
Total Equity	9 231 000	−7 852 000	−2 826 000	−4 643 000
Short-Term Group Debt	48 353 000	44 138 000	40 465 000	7 000
Total Long-Term Debt	0	0	575 000	1 529 000
Creditors	15 245 000	14 154 000	10 096 000	29 083 000
Unpaid Taxes	2 561 000	2 455 000	2 041 000	3 299 000
Dividends	0	0	0	0
Other Current Debt	5 147 000	3 577 000	7 659 000	7 922 000
Total Current Debt	71 305 000	64 325 000	60 262 000	79 412 000
Total Equity and Debt	80 536 000	56 473 000	58 010 000	76 299 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−85,77 %	64,01 %	273,07 %	99,01 %
Debt-to-Equity Ratio	0	−0	−0,2	−0,33
Operating Profit Margin	−9,45 %	−4,71 %	−7,25 %	−1,89 %
Current Ratio	0,83	0,53	0,54	0,63
Quick Ratio	1,12	0,64	0,7	0,79
Equity Ratio	0,11	−0,14	−0,05	−0,06
Gross Profit Margin	63,92 %	65,41 %	59,41 %	55,49 %