SKAGSETH INVEST AS

9022 KROKELVDALEN

Finances

Return on Equity

12,1 %

Current Ratio

2,6

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	97 396 000	84 453 000	0	0
Net Income	4 924 000	7 096 000	4 810 000	−895 000
Total Assets	60 120 000	56 175 000	32 191 000	27 381 000
Total Equity	40 710 000	35 786 000	32 190 000	27 381 000

Income (NOK)	2022	2021	2020	2019
Revenue	97 396 000	84 453 000	0	0
Expenditure	91 374 000	75 459 000	51 000	66 000
Operating Profit	6 021 000	8 994 000	−51 000	−66 000
Financial Income	330 000	192 000	4 851 000	−842 000
Financial Costs	35 000	5 000	0	0
Financial Balance	295 000	187 000	4 851 000	−842 000
Earnings Before Tax	6 316 000	9 181 000	4 801 000	−909 000
Tax	1 392 000	2 085 000	−9 000	−14 000
Net Income	4 924 000	7 096 000	4 810 000	−895 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 842 000	10 112 000	29 535 000	24 684 000
Total Current Assets	43 278 000	46 062 000	2 656 000	2 696 000
Total Assets	60 120 000	56 175 000	32 191 000	27 381 000
Total Retained Equity	39 634 000	34 710 000	31 114 000	26 305 000
Total Equity	40 710 000	35 786 000	32 190 000	27 381 000
Total Long-Term Debt	2 746 000	2 757 000	0	0
Total Current Debt	16 664 000	17 632 000	1 000	0
Total Equity and Debt	60 120 000	56 175 000	32 191 000	27 381 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	97 396 000	84 453 000	0	0
Other Income	0	0	0	0
Revenue	97 396 000	84 453 000	0	0
Cost of Goods Sold	56 002 000	38 915 000	0	0
Salary Costs	30 484 000	31 093 000	0	0
Depreciation	449 000	382 000	0	0
Impairment	0	0	0	0
Expenditure	91 374 000	75 459 000	51 000	66 000
Operating Profit	6 021 000	8 994 000	−51 000	−66 000
Financial Income	330 000	192 000	4 851 000	−842 000
Financial Costs	35 000	5 000	0	0
Financial Balance	295 000	187 000	4 851 000	−842 000
Dividends	0	3 500 000	0	0
Net Income	4 924 000	7 096 000	4 810 000	−895 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	73 000	64 000
Real Eastate	16 397 000	9 644 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	444 000	468 000	0	0
Total Tangible Assets	16 842 000	10 112 000	0	0
Total Fiancial Fixed Assets	0	0	29 462 000	24 620 000
Total Fixed Assets	16 842 000	10 112 000	29 535 000	24 684 000
Stock	209 000	296 000	0	0
Total Investments	0	0	0	0
Cash, Bank	20 691 000	30 847 000	2 656 000	2 696 000
Total Current Assets	43 278 000	46 062 000	2 656 000	2 696 000
Total Assets	60 120 000	56 175 000	32 191 000	27 381 000
Total Equity	40 710 000	35 786 000	32 190 000	27 381 000
Short-Term Group Debt	378 000	0	0	0
Total Long-Term Debt	2 746 000	2 757 000	0	0
Creditors	5 285 000	2 328 000	1 000	0
Unpaid Taxes	3 717 000	3 748 000	0	0
Dividends	0	3 500 000	0	0
Other Current Debt	6 259 000	6 885 000	0	0
Total Current Debt	16 664 000	17 632 000	1 000	0
Total Equity and Debt	60 120 000	56 175 000	32 191 000	27 381 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,1 %	19,83 %	14,94 %	−3,27 %
Debt-to-Equity Ratio	0,07	0,08	0	0
Operating Profit Margin	6,18 %	10,65 %	-	-
Current Ratio	2,6	2,61	2 656	-
Quick Ratio	2,63	2,66	2 656	-
Equity Ratio	0,68	0,64	1	1
Gross Profit Margin	42,5 %	53,92 %	-	-