SKAGEN GAARD EIENDOM AS

8056 SALTSTRAUMEN

Finances

Share Ownership

Return on Equity

−17,75 %

Current Ratio

0,24

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	643 000	546 000	412 000	382 000
Net Income	−257 000	−53 000	−249 000	−178 000
Total Assets	2 478 000	2 657 000	2 672 000	2 858 000
Total Equity	1 448 000	1 706 000	1 758 000	2 007 000

Income (NOK)	2022	2021	2020	2019
Revenue	643 000	546 000	412 000	382 000
Expenditure	899 000	589 000	643 000	554 000
Operating Profit	−257 000	−43 000	−230 000	−171 000
Financial Income	0	0	0	0
Financial Costs	0	10 000	18 000	7 000
Financial Balance	0	−10 000	−18 000	−7 000
Earnings Before Tax	−257 000	−53 000	−249 000	−178 000
Tax	0	0	0	0
Net Income	−257 000	−53 000	−249 000	−178 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 253 000	2 417 000	2 580 000	2 693 000
Total Current Assets	225 000	240 000	92 000	165 000
Total Assets	2 478 000	2 657 000	2 672 000	2 858 000
Total Retained Equity	−4 152 000	−3 894 000	−3 842 000	−3 593 000
Total Equity	1 448 000	1 706 000	1 758 000	2 007 000
Total Long-Term Debt	99 000	91 000	202 000	699 000
Total Current Debt	930 000	861 000	711 000	152 000
Total Equity and Debt	2 478 000	2 657 000	2 672 000	2 858 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	445 000	281 000	195 000	194 000
Other Income	198 000	266 000	218 000	187 000
Revenue	643 000	546 000	412 000	382 000
Cost of Goods Sold	233 000	107 000	167 000	90 000
Salary Costs	134 000	68 000	30 000	35 000
Depreciation	163 000	163 000	169 000	182 000
Impairment	0	0	0	0
Expenditure	899 000	589 000	643 000	554 000
Operating Profit	−257 000	−43 000	−230 000	−171 000
Financial Income	0	0	0	0
Financial Costs	0	10 000	18 000	7 000
Financial Balance	0	−10 000	−18 000	−7 000
Dividends	0	0	0	0
Net Income	−257 000	−53 000	−249 000	−178 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 195 000	2 333 000	2 470 000	2 607 000
Machinery and Plant Facilities	27 000	41 000	56 000	80 000
Fixtures	32 000	43 000	54 000	6 000
Total Tangible Assets	2 253 000	2 417 000	2 580 000	2 693 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 253 000	2 417 000	2 580 000	2 693 000
Stock	95 000	72 000	52 000	17 000
Total Investments	0	0	0	0
Cash, Bank	16 000	132 000	29 000	10 000
Total Current Assets	225 000	240 000	92 000	165 000
Total Assets	2 478 000	2 657 000	2 672 000	2 858 000
Total Equity	1 448 000	1 706 000	1 758 000	2 007 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	99 000	91 000	202 000	699 000
Creditors	200 000	105 000	81 000	90 000
Unpaid Taxes	26 000	9 000	7 000	2 000
Dividends	0	0	0	0
Other Current Debt	704 000	747 000	623 000	60 000
Total Current Debt	930 000	861 000	711 000	152 000
Total Equity and Debt	2 478 000	2 657 000	2 672 000	2 858 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,75 %	−3,11 %	−14,16 %	−8,87 %
Debt-to-Equity Ratio	0,07	0,05	0,11	0,35
Operating Profit Margin	−39,97 %	−7,88 %	−55,83 %	−44,76 %
Current Ratio	0,24	0,28	0,13	1,09
Quick Ratio	0,27	0,3	0,14	1,22
Equity Ratio	0,58	0,64	0,66	0,7
Gross Profit Margin	63,76 %	80,4 %	59,47 %	76,44 %