SKYTEC AS

3241 SANDEFJORD

Finances

Return on Equity

19,11 %

Current Ratio

1,9

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 935 000	19 801 000	21 148 000	25 553 000
Net Income	2 095 000	2 807 000	5 512 000	1 392 000
Total Assets	18 710 000	20 103 000	18 691 000	14 485 000
Total Equity	10 962 000	8 867 000	7 460 000	5 620 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 935 000	19 801 000	21 148 000	25 553 000
Expenditure	22 326 000	16 815 000	17 363 000	23 731 000
Operating Profit	2 609 000	2 986 000	3 786 000	1 822 000
Financial Income	428 000	823 000	3 091 000	158 000
Financial Costs	351 000	380 000	357 000	195 000
Financial Balance	77 000	443 000	2 734 000	−37 000
Earnings Before Tax	2 686 000	3 430 000	6 520 000	1 785 000
Tax	591 000	623 000	1 008 000	393 000
Net Income	2 095 000	2 807 000	5 512 000	1 392 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 581 000	10 806 000	9 234 000	6 347 000
Total Current Assets	11 130 000	9 297 000	9 457 000	8 138 000
Total Assets	18 710 000	20 103 000	18 691 000	14 485 000
Total Retained Equity	10 562 000	8 467 000	7 060 000	5 220 000
Total Equity	10 962 000	8 867 000	7 460 000	5 620 000
Total Long-Term Debt	1 877 000	3 153 000	3 028 000	2 469 000
Total Current Debt	5 872 000	8 083 000	8 203 000	6 395 000
Total Equity and Debt	18 710 000	20 103 000	18 691 000	14 485 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 843 000	19 653 000	20 945 000	24 676 000
Other Income	1 093 000	148 000	203 000	877 000
Revenue	24 935 000	19 801 000	21 148 000	25 553 000
Cost of Goods Sold	9 535 000	6 698 000	8 579 000	14 271 000
Salary Costs	7 717 000	5 823 000	5 264 000	5 585 000
Depreciation	1 084 000	968 000	678 000	251 000
Impairment	0	0	0	0
Expenditure	22 326 000	16 815 000	17 363 000	23 731 000
Operating Profit	2 609 000	2 986 000	3 786 000	1 822 000
Financial Income	428 000	823 000	3 091 000	158 000
Financial Costs	351 000	380 000	357 000	195 000
Financial Balance	77 000	443 000	2 734 000	−37 000
Dividends	0	1 400 000	3 672 000	960 000
Net Income	2 095 000	2 807 000	5 512 000	1 392 000

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	217 000	150 000	167 000	2 430 000
Total Tangible Assets	2 708 000	5 933 000	4 361 000	2 430 000
Total Fiancial Fixed Assets	4 873 000	4 873 000	4 873 000	3 917 000
Total Fixed Assets	7 581 000	10 806 000	9 234 000	6 347 000
Stock	4 161 000	3 015 000	4 098 000	3 907 000
Total Investments	0	0	0	0
Cash, Bank	5 070 000	2 185 000	1 740 000	2 061 000
Total Current Assets	11 130 000	9 297 000	9 457 000	8 138 000
Total Assets	18 710 000	20 103 000	18 691 000	14 485 000
Total Equity	10 962 000	8 867 000	7 460 000	5 620 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 877 000	3 153 000	3 028 000	2 469 000
Creditors	1 066 000	397 000	190 000	2 597 000
Unpaid Taxes	476 000	784 000	661 000	457 000
Dividends	0	1 400 000	3 672 000	960 000
Other Current Debt	968 000	2 012 000	904 000	1 595 000
Total Current Debt	5 872 000	8 083 000	8 203 000	6 395 000
Total Equity and Debt	18 710 000	20 103 000	18 691 000	14 485 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,11 %	31,66 %	73,89 %	24,77 %
Debt-to-Equity Ratio	0,17	0,36	0,41	0,44
Operating Profit Margin	10,46 %	15,08 %	17,9 %	7,13 %
Current Ratio	1,9	1,15	1,15	1,27
Quick Ratio	6,5	1,83	2,3	3,27
Equity Ratio	0,59	0,44	0,4	0,39
Gross Profit Margin	61,76 %	66,17 %	59,43 %	44,15 %