SKAGEN 10 AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

23,4 %

Current Ratio

0,08

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 452 000	4 249 000	4 225 000	3 492 000
Net Income	3 080 000	2 897 000	2 669 000	2 260 000
Total Assets	19 637 000	20 145 000	20 438 000	20 490 000
Total Equity	13 161 000	13 193 000	13 130 000	13 228 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 452 000	4 249 000	4 225 000	3 492 000
Expenditure	405 000	392 000	639 000	403 000
Operating Profit	4 046 000	3 857 000	3 586 000	3 090 000
Financial Income	3 000	0	3 000	13 000
Financial Costs	101 000	142 000	165 000	206 000
Financial Balance	−98 000	−142 000	−162 000	−193 000
Earnings Before Tax	3 948 000	3 715 000	3 423 000	2 898 000
Tax	869 000	817 000	754 000	637 000
Net Income	3 080 000	2 897 000	2 669 000	2 260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 167 000	19 400 000	19 631 000	19 864 000
Total Current Assets	470 000	745 000	807 000	626 000
Total Assets	19 637 000	20 145 000	20 438 000	20 490 000
Total Retained Equity	5 570 000	5 602 000	5 539 000	5 637 000
Total Equity	13 161 000	13 193 000	13 130 000	13 228 000
Total Long-Term Debt	252 000	261 000	243 000	6 517 000
Total Current Debt	6 224 000	6 691 000	7 065 000	745 000
Total Equity and Debt	19 637 000	20 145 000	20 438 000	20 490 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 452 000	4 249 000	4 225 000	3 492 000
Other Income	0	0	0	0
Revenue	4 452 000	4 249 000	4 225 000	3 492 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	233 000	231 000	233 000	234 000
Impairment	0	0	0	0
Expenditure	405 000	392 000	639 000	403 000
Operating Profit	4 046 000	3 857 000	3 586 000	3 090 000
Financial Income	3 000	0	3 000	13 000
Financial Costs	101 000	142 000	165 000	206 000
Financial Balance	−98 000	−142 000	−162 000	−193 000
Dividends	0	0	0	0
Net Income	3 080 000	2 897 000	2 669 000	2 260 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 167 000	19 400 000	19 631 000	19 864 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	19 167 000	19 400 000	19 631 000	19 864 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 167 000	19 400 000	19 631 000	19 864 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	467 000	372 000	6 000	510 000
Total Current Assets	470 000	745 000	807 000	626 000
Total Assets	19 637 000	20 145 000	20 438 000	20 490 000
Total Equity	13 161 000	13 193 000	13 130 000	13 228 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	252 000	261 000	243 000	6 517 000
Creditors	10 000	10 000	12 000	23 000
Unpaid Taxes	132 000	127 000	125 000	105 000
Dividends	0	0	0	0
Other Current Debt	6 081 000	6 555 000	6 928 000	23 000
Total Current Debt	6 224 000	6 691 000	7 065 000	745 000
Total Equity and Debt	19 637 000	20 145 000	20 438 000	20 490 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,4 %	21,96 %	20,33 %	17,08 %
Debt-to-Equity Ratio	0,02	0,02	0,02	0,49
Operating Profit Margin	90,88 %	90,77 %	84,88 %	88,49 %
Current Ratio	0,08	0,11	0,11	0,84
Quick Ratio	0,08	0,11	0,11	0,84
Equity Ratio	0,67	0,65	0,64	0,65
Gross Profit Margin	100 %	100 %	100 %	100 %