SKARVEN UTVIKLING AS

9180 SKJERVØY

Finances

Share Ownership

Return on Equity

2,7 %

Current Ratio

1,14

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	54 000	0	69 000	173 000
Net Income	3 000	−21 000	40 000	59 000
Total Assets	1 026 000	288 000	370 000	407 000
Total Equity	111 000	125 000	145 000	105 000

Income (NOK)	2022	2021	2020	2019
Revenue	54 000	0	69 000	173 000
Expenditure	49 000	26 000	17 000	97 000
Operating Profit	5 000	−27 000	52 000	76 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	4 000	−27 000	52 000	76 000
Tax	1 000	−6 000	11 000	17 000
Net Income	3 000	−21 000	40 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	264 000	274 000	302 000
Total Current Assets	987 000	24 000	96 000	105 000
Total Assets	1 026 000	288 000	370 000	407 000
Total Retained Equity	81 000	95 000	115 000	75 000
Total Equity	111 000	125 000	145 000	105 000
Total Long-Term Debt	50 000	0	0	0
Total Current Debt	865 000	163 000	225 000	302 000
Total Equity and Debt	1 026 000	288 000	370 000	407 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	54 000	0	69 000	173 000
Other Income	0	0	0	0
Revenue	54 000	0	69 000	173 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	37 000	42 000
Depreciation	16 000	16 000	16 000	16 000
Impairment	0	0	0	0
Expenditure	49 000	26 000	17 000	97 000
Operating Profit	5 000	−27 000	52 000	76 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	750 000	0	0	0
Net Income	3 000	−21 000	40 000	59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	241 000	235 000	246 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 000	23 000	39 000	55 000
Total Tangible Assets	7 000	23 000	39 000	55 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 000	264 000	274 000	302 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 000	24 000	10 000	105 000
Total Current Assets	987 000	24 000	96 000	105 000
Total Assets	1 026 000	288 000	370 000	407 000
Total Equity	111 000	125 000	145 000	105 000
Short-Term Group Debt	0	0	0	5 000
Total Long-Term Debt	50 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	−2 000	22 000	40 000
Dividends	750 000	0	0	0
Other Current Debt	115 000	165 000	203 000	258 000
Total Current Debt	865 000	163 000	225 000	302 000
Total Equity and Debt	1 026 000	288 000	370 000	407 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,7 %	−16,8 %	27,59 %	56,19 %
Debt-to-Equity Ratio	0,45	0	0	0
Operating Profit Margin	9,26 %	-	75,36 %	43,93 %
Current Ratio	1,14	0,15	0,43	0,35
Quick Ratio	1,14	0,15	0,43	0,35
Equity Ratio	0,11	0,43	0,39	0,26
Gross Profit Margin	100 %	-	100 %	100 %