SKJONGHOLMEN UTVIKLING AS

6050 VALDERØYA

Finances

Return on Equity

10,2 %

Current Ratio

0,94

Debt-to-Equity Ratio

−0,89

Key figures (NOK)	2020	2019	2018	2017
Revenue	0	0	8 864 000	8 111 000
Net Income	−322 000	−3 275 000	−6 990 000	−7 151 000
Total Assets	5 721 000	5 762 000	8 380 000	23 478 000
Total Equity	−3 156 000	−16 206 000	−12 931 000	−5 940 000

Income (NOK)	2020	2019	2018	2017
Revenue	0	0	8 864 000	8 111 000
Expenditure	313 000	2 896 000	15 016 000	13 422 000
Operating Profit	−313 000	−2 895 000	−6 152 000	−5 311 000
Financial Income	0	0	0	1 000
Financial Costs	9 000	380 000	839 000	1 840 000
Financial Balance	−9 000	−380 000	−839 000	−1 839 000
Earnings Before Tax	−322 000	−3 275 000	−6 990 000	−7 151 000
Tax	0	0	0	0
Net Income	−322 000	−3 275 000	−6 990 000	−7 151 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	0	0	0	280 000
Total Current Assets	5 721 000	5 762 000	8 380 000	23 198 000
Total Assets	5 721 000	5 762 000	8 380 000	23 478 000
Total Retained Equity	−12 656 000	−18 206 000	−14 931 000	−7 940 000
Total Equity	−3 156 000	−16 206 000	−12 931 000	−5 940 000
Total Long-Term Debt	2 809 000	8 165 000	14 721 000	19 827 000
Total Current Debt	6 068 000	13 803 000	6 590 000	9 592 000
Total Equity and Debt	5 721 000	5 762 000	8 380 000	23 478 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	0	0	8 864 000	8 111 000
Other Income	0	0	0	0
Revenue	0	0	8 864 000	8 111 000
Cost of Goods Sold	0	2 005 000	11 700 000	8 667 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	313 000	2 896 000	15 016 000	13 422 000
Operating Profit	−313 000	−2 895 000	−6 152 000	−5 311 000
Financial Income	0	0	0	1 000
Financial Costs	9 000	380 000	839 000	1 840 000
Financial Balance	−9 000	−380 000	−839 000	−1 839 000
Dividends	0	0	0	0
Net Income	−322 000	−3 275 000	−6 990 000	−7 151 000

Balance details (NOK)	2020	2019	2018	2017
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	280 000
Total Fixed Assets	0	0	0	280 000
Stock	5 656 000	5 500 000	7 500 000	19 200 000
Total Investments	0	0	0	0
Cash, Bank	12 000	10 000	26 000	103 000
Total Current Assets	5 721 000	5 762 000	8 380 000	23 198 000
Total Assets	5 721 000	5 762 000	8 380 000	23 478 000
Total Equity	−3 156 000	−16 206 000	−12 931 000	−5 940 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 809 000	8 165 000	14 721 000	19 827 000
Creditors	2 066 000	2 277 000	2 298 000	2 417 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 002 000	11 526 000	4 291 000	7 175 000
Total Current Debt	6 068 000	13 803 000	6 590 000	9 592 000
Total Equity and Debt	5 721 000	5 762 000	8 380 000	23 478 000

Financial indicators	2020	2019	2018	2017
Return on Equity	10,2 %	20,21 %	54,06 %	120,39 %
Debt-to-Equity Ratio	−0,89	−0,5	−1,14	−3,34
Operating Profit Margin	-	-	−69,4 %	−65,48 %
Current Ratio	0,94	0,42	1,27	2,42
Quick Ratio	13,89	0,69	−9,21	−2,41
Equity Ratio	−0,55	−2,81	−1,54	−0,25
Gross Profit Margin	-	-	−31,99 %	−6,85 %