SKAGERAK SEA SERVICE AS

3770 KRAGERØ

Finances

Share Ownership

Return on Equity

2,6 %

Current Ratio

1,33

Debt-to-Equity Ratio

1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 895 000	17 147 000	9 522 000	8 031 000
Net Income	275 000	2 948 000	898 000	448 000
Total Assets	24 497 000	25 753 000	24 723 000	16 945 000
Total Equity	10 564 000	10 289 000	8 041 000	7 844 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 895 000	17 147 000	9 522 000	8 031 000
Expenditure	14 973 000	13 164 000	8 060 000	7 372 000
Operating Profit	922 000	3 982 000	1 463 000	659 000
Financial Income	343 000	420 000	426 000	395 000
Financial Costs	730 000	605 000	732 000	479 000
Financial Balance	−387 000	−185 000	−306 000	−84 000
Earnings Before Tax	536 000	3 797 000	1 157 000	575 000
Tax	261 000	849 000	259 000	127 000
Net Income	275 000	2 948 000	898 000	448 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 522 000	22 959 000	22 470 000	15 081 000
Total Current Assets	3 975 000	2 794 000	2 254 000	1 864 000
Total Assets	24 497 000	25 753 000	24 723 000	16 945 000
Total Retained Equity	4 564 000	4 289 000	2 041 000	1 844 000
Total Equity	10 564 000	10 289 000	8 041 000	7 844 000
Total Long-Term Debt	10 944 000	12 183 000	13 441 000	8 282 000
Total Current Debt	2 989 000	3 281 000	3 241 000	820 000
Total Equity and Debt	24 497 000	25 753 000	24 723 000	16 945 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 895 000	17 147 000	9 522 000	7 531 000
Other Income	0	0	0	500 000
Revenue	15 895 000	17 147 000	9 522 000	8 031 000
Cost of Goods Sold	778 000	1 485 000	101 000	294 000
Salary Costs	6 696 000	5 756 000	3 411 000	2 967 000
Depreciation	837 000	808 000	1 201 000	1 369 000
Impairment	0	0	0	0
Expenditure	14 973 000	13 164 000	8 060 000	7 372 000
Operating Profit	922 000	3 982 000	1 463 000	659 000
Financial Income	343 000	420 000	426 000	395 000
Financial Costs	730 000	605 000	732 000	479 000
Financial Balance	−387 000	−185 000	−306 000	−84 000
Dividends	0	700 000	700 000	0
Net Income	275 000	2 948 000	898 000	448 000

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	266 000	352 000	222 000	259 000
Total Tangible Assets	14 819 000	14 293 000	14 216 000	7 221 000
Total Fiancial Fixed Assets	5 703 000	8 667 000	8 254 000	7 861 000
Total Fixed Assets	20 522 000	22 959 000	22 470 000	15 081 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	312 000	684 000	232 000	716 000
Total Current Assets	3 975 000	2 794 000	2 254 000	1 864 000
Total Assets	24 497 000	25 753 000	24 723 000	16 945 000
Total Equity	10 564 000	10 289 000	8 041 000	7 844 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 944 000	12 183 000	13 441 000	8 282 000
Creditors	992 000	425 000	275 000	100 000
Unpaid Taxes	1 340 000	712 000	796 000	310 000
Dividends	0	700 000	700 000	0
Other Current Debt	523 000	1 417 000	2 071 000	313 000
Total Current Debt	2 989 000	3 281 000	3 241 000	820 000
Total Equity and Debt	24 497 000	25 753 000	24 723 000	16 945 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,6 %	28,65 %	11,17 %	5,71 %
Debt-to-Equity Ratio	1,04	1,18	1,67	1,06
Operating Profit Margin	5,8 %	23,22 %	15,36 %	8,21 %
Current Ratio	1,33	0,85	0,7	2,27
Quick Ratio	1,33	0,85	0,7	2,27
Equity Ratio	0,43	0,4	0,33	0,46
Gross Profit Margin	95,11 %	91,34 %	98,94 %	96,34 %