SKARESTRAND GRUPPEN AS

2050 JESSHEIM

Finances

Return on Equity

1,71 %

Current Ratio

−179

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	50 000	78 000	2 507 000
Net Income	134 000	833 000	277 000	−2 070 000
Total Assets	7 844 000	13 623 000	11 774 000	11 158 000
Total Equity	7 847 000	10 237 000	9 403 000	15 955 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	50 000	78 000	2 507 000
Expenditure	73 000	244 000	654 000	5 396 000
Operating Profit	−73 000	−194 000	−576 000	−2 889 000
Financial Income	261 000	1 069 000	1 096 000	46 000
Financial Costs	53 000	42 000	242 000	11 000
Financial Balance	208 000	1 027 000	854 000	35 000
Earnings Before Tax	134 000	833 000	277 000	−2 853 000
Tax	0	0	0	−784 000
Net Income	134 000	833 000	277 000	−2 070 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 307 000	14 350 000	11 646 000	10 655 000
Total Current Assets	537 000	−727 000	129 000	503 000
Total Assets	7 844 000	13 623 000	11 774 000	11 158 000
Total Retained Equity	6 426 000	8 816 000	7 982 000	14 534 000
Total Equity	7 847 000	10 237 000	9 403 000	15 955 000
Total Long-Term Debt	0	0	2 340 000	0
Total Current Debt	−3 000	3 386 000	31 000	−4 797 000
Total Equity and Debt	7 844 000	13 623 000	11 774 000	11 158 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	2 000	78 000	2 291 000
Other Income	0	48 000	0	216 000
Revenue	0	50 000	78 000	2 507 000
Cost of Goods Sold	0	0	43 000	6 000
Salary Costs	0	0	1 000	1 000
Depreciation	0	0	0	115 000
Impairment	0	0	0	0
Expenditure	73 000	244 000	654 000	5 396 000
Operating Profit	−73 000	−194 000	−576 000	−2 889 000
Financial Income	261 000	1 069 000	1 096 000	46 000
Financial Costs	53 000	42 000	242 000	11 000
Financial Balance	208 000	1 027 000	854 000	35 000
Dividends	0	0	1 248 000	0
Net Income	134 000	833 000	277 000	−2 070 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	784 000
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	7 307 000	14 350 000	11 646 000	9 871 000
Total Fixed Assets	7 307 000	14 350 000	11 646 000	10 655 000
Stock	0	0	0	0
Total Investments	75 000	75 000	72 000	75 000
Cash, Bank	294 000	−973 000	0	274 000
Total Current Assets	537 000	−727 000	129 000	503 000
Total Assets	7 844 000	13 623 000	11 774 000	11 158 000
Total Equity	7 847 000	10 237 000	9 403 000	15 955 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 340 000	0
Creditors	−1 000	40 000	3 000	1 000
Unpaid Taxes	−2 000	−9 000	0	0
Dividends	0	0	1 248 000	0
Other Current Debt	0	3 356 000	0	0
Total Current Debt	−3 000	3 386 000	31 000	−4 797 000
Total Equity and Debt	7 844 000	13 623 000	11 774 000	11 158 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,71 %	8,14 %	2,95 %	−12,97 %
Debt-to-Equity Ratio	0	0	0,25	0
Operating Profit Margin	-	−388 %	−738,46 %	−115,24 %
Current Ratio	−179	−0,21	4,16	−0,1
Quick Ratio	−179	−0,21	4,16	−0,1
Equity Ratio	1	0,75	0,8	1,43
Gross Profit Margin	-	100 %	44,87 %	99,76 %