SKARSTEN AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

2,46 %

Current Ratio

1,65

Debt-to-Equity Ratio

1,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	794 000	822 000	573 000	462 000
Net Income	40 000	278 000	279 000	183 000
Total Assets	4 870 000	4 159 000	3 950 000	4 077 000
Total Equity	1 627 000	1 587 000	1 309 000	1 030 000

Income (NOK)	2022	2021	2020	2019
Revenue	794 000	822 000	573 000	462 000
Expenditure	555 000	591 000	538 000	363 000
Operating Profit	240 000	231 000	34 000	100 000
Financial Income	59 000	258 000	308 000	327 000
Financial Costs	303 000	56 000	62 000	274 000
Financial Balance	−244 000	202 000	246 000	53 000
Earnings Before Tax	−4 000	433 000	280 000	152 000
Tax	−44 000	155 000	1 000	−30 000
Net Income	40 000	278 000	279 000	183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 846 000	1 959 000	2 055 000	2 135 000
Total Current Assets	2 024 000	2 199 000	1 895 000	1 943 000
Total Assets	4 870 000	4 159 000	3 950 000	4 077 000
Total Retained Equity	1 377 000	1 337 000	1 059 000	780 000
Total Equity	1 627 000	1 587 000	1 309 000	1 030 000
Total Long-Term Debt	2 015 000	2 104 000	2 011 000	2 003 000
Total Current Debt	1 228 000	467 000	629 000	1 044 000
Total Equity and Debt	4 870 000	4 159 000	3 950 000	4 077 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	729 000	683 000	428 000	313 000
Other Income	65 000	139 000	145 000	149 000
Revenue	794 000	822 000	573 000	462 000
Cost of Goods Sold	260 000	228 000	259 000	143 000
Salary Costs	10 000	8 000	0	0
Depreciation	39 000	75 000	78 000	52 000
Impairment	0	0	0	0
Expenditure	555 000	591 000	538 000	363 000
Operating Profit	240 000	231 000	34 000	100 000
Financial Income	59 000	258 000	308 000	327 000
Financial Costs	303 000	56 000	62 000	274 000
Financial Balance	−244 000	202 000	246 000	53 000
Dividends	0	0	0	0
Net Income	40 000	278 000	279 000	183 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	44 000	46 000
Real Eastate	1 906 000	1 906 000	1 906 000	1 906 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	54 000	105 000	183 000
Total Tangible Assets	1 921 000	1 959 000	2 011 000	2 089 000
Total Fiancial Fixed Assets	925 000	0	0	0
Total Fixed Assets	2 846 000	1 959 000	2 055 000	2 135 000
Stock	0	0	0	0
Total Investments	1 894 000	2 109 000	1 883 000	1 735 000
Cash, Bank	104 000	75 000	1 000	189 000
Total Current Assets	2 024 000	2 199 000	1 895 000	1 943 000
Total Assets	4 870 000	4 159 000	3 950 000	4 077 000
Total Equity	1 627 000	1 587 000	1 309 000	1 030 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 015 000	2 104 000	2 011 000	2 003 000
Creditors	42 000	71 000	22 000	6 000
Unpaid Taxes	12 000	48 000	14 000	12 000
Dividends	0	0	0	0
Other Current Debt	1 126 000	328 000	586 000	1 026 000
Total Current Debt	1 228 000	467 000	629 000	1 044 000
Total Equity and Debt	4 870 000	4 159 000	3 950 000	4 077 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,46 %	17,52 %	21,31 %	17,77 %
Debt-to-Equity Ratio	1,24	1,33	1,54	1,94
Operating Profit Margin	30,23 %	28,1 %	5,93 %	21,65 %
Current Ratio	1,65	4,71	3,01	1,86
Quick Ratio	1,65	4,71	3,01	1,86
Equity Ratio	0,33	0,38	0,33	0,25
Gross Profit Margin	67,25 %	72,26 %	54,8 %	69,05 %