Skarnes Sport A/S

2100 SKARNES

Finances

Return on Equity

4,4 %

Current Ratio

2,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 810 000	7 142 000	6 577 000	5 671 000
Net Income	85 000	563 000	517 000	305 000
Total Assets	3 271 000	3 209 000	2 815 000	2 263 000
Total Equity	1 930 000	1 844 000	1 281 000	765 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 810 000	7 142 000	6 577 000	5 671 000
Expenditure	5 681 000	6 402 000	5 904 000	5 256 000
Operating Profit	128 000	740 000	673 000	415 000
Financial Income	2 000	2 000	22 000	26 000
Financial Costs	19 000	22 000	29 000	35 000
Financial Balance	−17 000	−20 000	−7 000	−9 000
Earnings Before Tax	111 000	721 000	666 000	405 000
Tax	26 000	158 000	150 000	100 000
Net Income	85 000	563 000	517 000	305 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	2 000	7 000	42 000
Total Current Assets	3 271 000	3 208 000	2 808 000	2 221 000
Total Assets	3 271 000	3 209 000	2 815 000	2 263 000
Total Retained Equity	1 830 000	1 744 000	1 181 000	665 000
Total Equity	1 930 000	1 844 000	1 281 000	765 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 341 000	1 365 000	1 534 000	1 499 000
Total Equity and Debt	3 271 000	3 209 000	2 815 000	2 263 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 785 000	6 995 000	6 577 000	5 671 000
Other Income	25 000	147 000	0	0
Revenue	5 810 000	7 142 000	6 577 000	5 671 000
Cost of Goods Sold	3 691 000	4 440 000	4 083 000	3 704 000
Salary Costs	1 290 000	1 240 000	1 135 000	1 118 000
Depreciation	1 000	5 000	35 000	76 000
Impairment	0	0	0	0
Expenditure	5 681 000	6 402 000	5 904 000	5 256 000
Operating Profit	128 000	740 000	673 000	415 000
Financial Income	2 000	2 000	22 000	26 000
Financial Costs	19 000	22 000	29 000	35 000
Financial Balance	−17 000	−20 000	−7 000	−9 000
Dividends	0	0	0	0
Net Income	85 000	563 000	517 000	305 000

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	30 000
Fixtures	0	1 000	7 000	12 000
Total Tangible Assets	0	1 000	7 000	42 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	2 000	7 000	42 000
Stock	2 010 000	1 506 000	1 296 000	1 652 000
Total Investments	0	0	0	0
Cash, Bank	1 145 000	1 642 000	1 464 000	471 000
Total Current Assets	3 271 000	3 208 000	2 808 000	2 221 000
Total Assets	3 271 000	3 209 000	2 815 000	2 263 000
Total Equity	1 930 000	1 844 000	1 281 000	765 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	830 000	730 000	687 000	784 000
Unpaid Taxes	181 000	211 000	194 000	126 000
Dividends	0	0	0	0
Other Current Debt	304 000	266 000	503 000	489 000
Total Current Debt	1 341 000	1 365 000	1 534 000	1 499 000
Total Equity and Debt	3 271 000	3 209 000	2 815 000	2 263 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,4 %	30,53 %	40,36 %	39,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,2 %	10,36 %	10,23 %	7,32 %
Current Ratio	2,44	2,35	1,83	1,48
Quick Ratio	−4,89	−22,75	11,8	−14,52
Equity Ratio	0,59	0,57	0,46	0,34
Gross Profit Margin	36,47 %	37,83 %	37,92 %	34,69 %