NORSKINN AS

1747 SKJEBERG

Finances

Share Ownership

Return on Equity

17,86 %

Current Ratio

1,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 080 000	6 429 000	11 024 000	15 644 000
Net Income	100 000	158 000	−59 000	43 000
Total Assets	1 192 000	1 314 000	1 910 000	3 077 000
Total Equity	560 000	560 000	502 000	561 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 080 000	6 429 000	11 024 000	15 644 000
Expenditure	863 000	6 181 000	11 101 000	15 588 000
Operating Profit	217 000	247 000	−76 000	56 000
Financial Income	1 000	0	1 000	0
Financial Costs	0	1 000	0	1 000
Financial Balance	1 000	−1 000	1 000	−1 000
Earnings Before Tax	218 000	246 000	−76 000	55 000
Tax	118 000	88 000	−17 000	12 000
Net Income	100 000	158 000	−59 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 000	397 000	585 000	676 000
Total Current Assets	1 144 000	916 000	1 325 000	2 402 000
Total Assets	1 192 000	1 314 000	1 910 000	3 077 000
Total Retained Equity	0	0	−58 000	1 000
Total Equity	560 000	560 000	502 000	561 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	632 000	754 000	1 408 000	2 516 000
Total Equity and Debt	1 192 000	1 314 000	1 910 000	3 077 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 026 000	6 429 000	11 024 000	15 556 000
Other Income	55 000	0	0	87 000
Revenue	1 080 000	6 429 000	11 024 000	15 644 000
Cost of Goods Sold	−7 000	4 964 000	9 673 000	14 103 000
Salary Costs	550 000	716 000	917 000	923 000
Depreciation	0	99 000	99 000	98 000
Impairment	0	0	0	0
Expenditure	863 000	6 181 000	11 101 000	15 588 000
Operating Profit	217 000	247 000	−76 000	56 000
Financial Income	1 000	0	1 000	0
Financial Costs	0	1 000	0	1 000
Financial Balance	1 000	−1 000	1 000	−1 000
Dividends	100 000	100 000	0	43 000
Net Income	100 000	158 000	−59 000	43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	48 000	166 000	254 000	246 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	231 000	331 000	430 000
Total Tangible Assets	0	231 000	331 000	430 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	48 000	397 000	585 000	676 000
Stock	30 000	3 000	22 000	40 000
Total Investments	0	0	0	0
Cash, Bank	976 000	743 000	193 000	266 000
Total Current Assets	1 144 000	916 000	1 325 000	2 402 000
Total Assets	1 192 000	1 314 000	1 910 000	3 077 000
Total Equity	560 000	560 000	502 000	561 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 000	21 000	134 000	575 000
Unpaid Taxes	106 000	146 000	248 000	88 000
Dividends	100 000	100 000	0	43 000
Other Current Debt	406 000	487 000	1 025 000	1 810 000
Total Current Debt	632 000	754 000	1 408 000	2 516 000
Total Equity and Debt	1 192 000	1 314 000	1 910 000	3 077 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,86 %	28,21 %	−11,75 %	7,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,09 %	3,84 %	−0,69 %	0,36 %
Current Ratio	1,81	1,21	0,94	0,95
Quick Ratio	1,9	1,22	0,96	0,97
Equity Ratio	0,47	0,43	0,26	0,18
Gross Profit Margin	100,65 %	22,79 %	12,26 %	9,85 %