SÅKORN AS

4050 SOLA

Finances

Share Ownership

Return on Equity

−10,67 %

Current Ratio

19,59

Debt-to-Equity Ratio

2,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	564 000	704 000	1 052 000	1 094 000
Net Income	−818 000	−3 522 000	−3 122 000	−2 269 000
Total Assets	25 252 000	27 941 000	39 587 000	45 931 000
Total Equity	7 664 000	8 482 000	12 004 000	15 126 000

Income (NOK)	2022	2021	2020	2019
Revenue	564 000	704 000	1 052 000	1 094 000
Expenditure	642 000	3 380 000	3 043 000	1 813 000
Operating Profit	−78 000	−2 676 000	−1 992 000	−720 000
Financial Income	0	0	2 000	4 000
Financial Costs	740 000	846 000	1 131 000	1 552 000
Financial Balance	−740 000	−846 000	−1 129 000	−1 548 000
Earnings Before Tax	−818 000	−3 522 000	−3 122 000	−2 269 000
Tax	0	0	0	0
Net Income	−818 000	−3 522 000	−3 122 000	−2 269 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 560 000	12 560 000	21 760 000	28 427 000
Total Current Assets	12 693 000	15 381 000	17 827 000	17 504 000
Total Assets	25 252 000	27 941 000	39 587 000	45 931 000
Total Retained Equity	6 814 000	7 632 000	11 154 000	14 276 000
Total Equity	7 664 000	8 482 000	12 004 000	15 126 000
Total Long-Term Debt	16 940 000	17 525 000	26 135 000	23 370 000
Total Current Debt	648 000	1 933 000	1 449 000	7 435 000
Total Equity and Debt	25 252 000	27 941 000	39 587 000	45 931 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	564 000	704 000	1 052 000	1 094 000
Revenue	564 000	704 000	1 052 000	1 094 000
Cost of Goods Sold	6 000	2 317 000	140 000	1 303 000
Salary Costs	313 000	346 000	214 000	200 000
Depreciation	0	0	0	0
Impairment	0	0	1 600 000	0
Expenditure	642 000	3 380 000	3 043 000	1 813 000
Operating Profit	−78 000	−2 676 000	−1 992 000	−720 000
Financial Income	0	0	2 000	4 000
Financial Costs	740 000	846 000	1 131 000	1 552 000
Financial Balance	−740 000	−846 000	−1 129 000	−1 548 000
Dividends	0	0	0	0
Net Income	−818 000	−3 522 000	−3 122 000	−2 269 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	100 000	100 000	100 000	100 000
Real Eastate	12 460 000	12 460 000	21 660 000	28 260 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	12 460 000	12 460 000	21 660 000	28 260 000
Total Fiancial Fixed Assets	0	0	0	67 000
Total Fixed Assets	12 560 000	12 560 000	21 760 000	28 427 000
Stock	10 860 000	10 860 000	12 492 000	12 277 000
Total Investments	0	0	0	0
Cash, Bank	1 695 000	4 195 000	5 101 000	4 957 000
Total Current Assets	12 693 000	15 381 000	17 827 000	17 504 000
Total Assets	25 252 000	27 941 000	39 587 000	45 931 000
Total Equity	7 664 000	8 482 000	12 004 000	15 126 000
Short-Term Group Debt	0	0	0	70 000
Total Long-Term Debt	16 940 000	17 525 000	26 135 000	23 370 000
Creditors	48 000	1 335 000	192 000	700 000
Unpaid Taxes	10 000	21 000	11 000	12 000
Dividends	0	0	0	0
Other Current Debt	589 000	576 000	1 246 000	6 653 000
Total Current Debt	648 000	1 933 000	1 449 000	7 435 000
Total Equity and Debt	25 252 000	27 941 000	39 587 000	45 931 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,67 %	−41,52 %	−26,01 %	−15 %
Debt-to-Equity Ratio	2,21	2,07	2,18	1,55
Operating Profit Margin	−13,83 %	−380,11 %	−189,35 %	−65,81 %
Current Ratio	19,59	7,96	12,3	2,35
Quick Ratio	−1,24	−1,72	−1,61	−3,62
Equity Ratio	0,3	0,3	0,3	0,33
Gross Profit Margin	98,94 %	−229,12 %	86,69 %	−19,1 %