SKORVE GRUPPEN AS

3850 KVITESEID

Finances

Return on Equity

61,35 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	308 932 000	241 122 000	234 363 000	292 231 000
Net Income	12 363 000	6 634 000	10 288 000	7 397 000
Total Assets	102 875 000	96 917 000	105 803 000	99 051 000
Total Equity	20 151 000	23 788 000	24 155 000	13 556 000

Income (NOK)	2022	2021	2020	2019
Revenue	308 932 000	241 122 000	234 363 000	292 231 000
Expenditure	293 550 000	232 224 000	220 654 000	282 106 000
Operating Profit	15 382 000	8 897 000	13 709 000	10 126 000
Financial Income	920 000	76 000	237 000	305 000
Financial Costs	421 000	410 000	646 000	890 000
Financial Balance	499 000	−334 000	−409 000	−585 000
Earnings Before Tax	15 882 000	8 564 000	13 300 000	9 540 000
Tax	3 519 000	1 930 000	3 012 000	2 143 000
Net Income	12 363 000	6 634 000	10 288 000	7 397 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 245 000	17 999 000	21 537 000	20 857 000
Total Current Assets	85 630 000	78 918 000	84 267 000	78 193 000
Total Assets	102 875 000	96 917 000	105 803 000	99 051 000
Total Retained Equity	19 428 000	23 065 000	23 432 000	12 844 000
Total Equity	20 151 000	23 788 000	24 155 000	13 556 000
Total Long-Term Debt	13 497 000	15 119 000	16 805 000	14 321 000
Total Current Debt	69 227 000	58 010 000	64 843 000	71 173 000
Total Equity and Debt	102 875 000	96 917 000	105 803 000	99 051 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	308 502 000	242 011 000	233 214 000	291 257 000
Other Income	431 000	−889 000	1 149 000	975 000
Revenue	308 932 000	241 122 000	234 363 000	292 231 000
Cost of Goods Sold	200 201 000	159 941 000	149 368 000	210 138 000
Salary Costs	52 188 000	43 639 000	43 434 000	42 096 000
Depreciation	3 971 000	4 803 000	5 448 000	5 616 000
Impairment	0	0	0	0
Expenditure	293 550 000	232 224 000	220 654 000	282 106 000
Operating Profit	15 382 000	8 897 000	13 709 000	10 126 000
Financial Income	920 000	76 000	237 000	305 000
Financial Costs	421 000	410 000	646 000	890 000
Financial Balance	499 000	−334 000	−409 000	−585 000
Dividends	16 000 000	7 000 000	0	0
Net Income	12 363 000	6 634 000	10 288 000	7 397 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 617 000	4 656 000	4 172 000	4 491 000
Machinery and Plant Facilities	5 976 000	8 449 000	10 759 000	7 487 000
Fixtures	4 741 000	3 843 000	6 566 000	8 840 000
Total Tangible Assets	15 334 000	16 947 000	21 497 000	20 817 000
Total Fiancial Fixed Assets	1 912 000	1 052 000	40 000	40 000
Total Fixed Assets	17 245 000	17 999 000	21 537 000	20 857 000
Stock	1 238 000	1 408 000	1 126 000	150 000
Total Investments	0	0	0	0
Cash, Bank	40 703 000	46 755 000	42 067 000	33 397 000
Total Current Assets	85 630 000	78 918 000	84 267 000	78 193 000
Total Assets	102 875 000	96 917 000	105 803 000	99 051 000
Total Equity	20 151 000	23 788 000	24 155 000	13 556 000
Short-Term Group Debt	10 000 000	0	0	0
Total Long-Term Debt	13 497 000	15 119 000	16 805 000	14 321 000
Creditors	38 956 000	21 531 000	35 026 000	39 772 000
Unpaid Taxes	7 430 000	8 026 000	3 581 000	3 719 000
Dividends	16 000 000	7 000 000	0	0
Other Current Debt	10 514 000	28 232 000	21 252 000	23 423 000
Total Current Debt	69 227 000	58 010 000	64 843 000	71 173 000
Total Equity and Debt	102 875 000	96 917 000	105 803 000	99 051 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,35 %	27,89 %	42,59 %	54,57 %
Debt-to-Equity Ratio	0,67	0,64	0,7	1,06
Operating Profit Margin	4,98 %	3,69 %	5,85 %	3,47 %
Current Ratio	1,24	1,36	1,3	1,1
Quick Ratio	1,26	1,39	1,32	1,1
Equity Ratio	0,2	0,25	0,23	0,14
Gross Profit Margin	35,2 %	33,67 %	36,27 %	28,09 %