MORTEN SKANCKE AS

2320 FURNES

Finances

Share Ownership

Return on Equity

84,63 %

Current Ratio

1,35

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	131 045 000	96 285 000	96 920 000	92 479 000
Net Income	10 784 000	7 467 000	12 693 000	7 376 000
Total Assets	52 948 000	35 942 000	39 383 000	23 092 000
Total Equity	12 742 000	8 655 000	9 047 000	8 138 000

Income (NOK)	2022	2021	2020	2019
Revenue	131 045 000	96 285 000	96 920 000	92 479 000
Expenditure	117 070 000	86 554 000	84 852 000	83 008 000
Operating Profit	13 976 000	9 731 000	12 068 000	9 473 000
Financial Income	299 000	15 000	3 386 000	31 000
Financial Costs	328 000	144 000	115 000	168 000
Financial Balance	−29 000	−129 000	3 271 000	−137 000
Earnings Before Tax	13 947 000	9 602 000	15 339 000	9 336 000
Tax	3 163 000	2 135 000	2 646 000	1 960 000
Net Income	10 784 000	7 467 000	12 693 000	7 376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 486 000	3 571 000	1 257 000	1 948 000
Total Current Assets	47 462 000	32 371 000	38 125 000	21 144 000
Total Assets	52 948 000	35 942 000	39 383 000	23 092 000
Total Retained Equity	12 528 000	8 441 000	8 833 000	7 925 000
Total Equity	12 742 000	8 655 000	9 047 000	8 138 000
Total Long-Term Debt	4 934 000	3 048 000	489 000	148 000
Total Current Debt	35 271 000	24 239 000	29 848 000	14 805 000
Total Equity and Debt	52 948 000	35 942 000	39 383 000	23 092 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	128 641 000	96 163 000	96 802 000	91 965 000
Other Income	2 405 000	121 000	118 000	514 000
Revenue	131 045 000	96 285 000	96 920 000	92 479 000
Cost of Goods Sold	51 422 000	40 089 000	37 723 000	36 225 000
Salary Costs	49 783 000	35 642 000	36 331 000	34 680 000
Depreciation	2 185 000	1 594 000	565 000	654 000
Impairment	0	0	0	0
Expenditure	117 070 000	86 554 000	84 852 000	83 008 000
Operating Profit	13 976 000	9 731 000	12 068 000	9 473 000
Financial Income	299 000	15 000	3 386 000	31 000
Financial Costs	328 000	144 000	115 000	168 000
Financial Balance	−29 000	−129 000	3 271 000	−137 000
Dividends	0	0	0	0
Net Income	10 784 000	7 467 000	12 693 000	7 376 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	329 000	329 000	264 000
Machinery and Plant Facilities	0	372 000	389 000	310 000
Fixtures	5 453 000	2 810 000	416 000	887 000
Total Tangible Assets	5 453 000	3 511 000	1 135 000	1 460 000
Total Fiancial Fixed Assets	33 000	60 000	122 000	488 000
Total Fixed Assets	5 486 000	3 571 000	1 257 000	1 948 000
Stock	2 144 000	1 188 000	1 515 000	1 211 000
Total Investments	0	0	0	0
Cash, Bank	2 097 000	1 447 000	5 035 000	9 523 000
Total Current Assets	47 462 000	32 371 000	38 125 000	21 144 000
Total Assets	52 948 000	35 942 000	39 383 000	23 092 000
Total Equity	12 742 000	8 655 000	9 047 000	8 138 000
Short-Term Group Debt	12 329 000	10 076 000	10 479 000	0
Total Long-Term Debt	4 934 000	3 048 000	489 000	148 000
Creditors	9 543 000	3 860 000	9 396 000	3 072 000
Unpaid Taxes	6 196 000	4 656 000	4 766 000	5 157 000
Dividends	0	0	0	0
Other Current Debt	7 203 000	5 648 000	5 207 000	5 108 000
Total Current Debt	35 271 000	24 239 000	29 848 000	14 805 000
Total Equity and Debt	52 948 000	35 942 000	39 383 000	23 092 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,63 %	86,27 %	140,3 %	90,64 %
Debt-to-Equity Ratio	0,39	0,35	0,05	0,02
Operating Profit Margin	10,67 %	10,11 %	12,45 %	10,24 %
Current Ratio	1,35	1,34	1,28	1,43
Quick Ratio	1,43	1,4	1,35	1,56
Equity Ratio	0,24	0,24	0,23	0,35
Gross Profit Margin	60,76 %	58,36 %	61,08 %	60,83 %