SKARNÆS INVEST AS

1162 OSLO

Finances

Return on Equity

622,64 %

Current Ratio

0,5

Debt-to-Equity Ratio

−3,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	81 000	0
Net Income	−1 843 000	1 948 000	−3 183 000	−1 898 000
Total Assets	949 000	3 019 000	1 247 000	6 948 000
Total Equity	−296 000	1 548 000	−400 000	4 282 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	81 000	0
Expenditure	674 000	43 000	172 000	397 000
Operating Profit	−674 000	−43 000	−91 000	−397 000
Financial Income	0	1 984 000	−3 094 000	−1 513 000
Financial Costs	1 322 000	0	19 000	49 000
Financial Balance	−1 322 000	1 984 000	−3 113 000	−1 562 000
Earnings Before Tax	−1 996 000	1 940 000	−3 204 000	−1 958 000
Tax	−153 000	−8 000	−21 000	−60 000
Net Income	−1 843 000	1 948 000	−3 183 000	−1 898 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	875 000	2 176 000	200 000	3 972 000
Total Current Assets	74 000	843 000	1 047 000	2 975 000
Total Assets	949 000	3 019 000	1 247 000	6 948 000
Total Retained Equity	−546 000	1 298 000	−650 000	3 417 000
Total Equity	−296 000	1 548 000	−400 000	4 282 000
Total Long-Term Debt	1 098 000	1 259 000	1 447 000	2 423 000
Total Current Debt	147 000	213 000	201 000	242 000
Total Equity and Debt	949 000	3 019 000	1 247 000	6 948 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	81 000	0
Revenue	0	0	81 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	639 000	0	0	17 000
Depreciation	0	0	87 000	174 000
Impairment	0	0	0	0
Expenditure	674 000	43 000	172 000	397 000
Operating Profit	−674 000	−43 000	−91 000	−397 000
Financial Income	0	1 984 000	−3 094 000	−1 513 000
Financial Costs	1 322 000	0	19 000	49 000
Financial Balance	−1 322 000	1 984 000	−3 113 000	−1 562 000
Dividends	0	0	0	0
Net Income	−1 843 000	1 948 000	−3 183 000	−1 898 000

Balance details (NOK)	2022	2021	2020	2019
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	665 000
Total Tangible Assets	0	0	0	665 000
Total Fiancial Fixed Assets	875 000	2 176 000	200 000	3 307 000
Total Fixed Assets	875 000	2 176 000	200 000	3 972 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 000	1 000	728 000	944 000
Total Current Assets	74 000	843 000	1 047 000	2 975 000
Total Assets	949 000	3 019 000	1 247 000	6 948 000
Total Equity	−296 000	1 548 000	−400 000	4 282 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 098 000	1 259 000	1 447 000	2 423 000
Creditors	0	33 000	0	15 000
Unpaid Taxes	79 000	0	0	19 000
Dividends	0	0	0	0
Other Current Debt	60 000	0	0	0
Total Current Debt	147 000	213 000	201 000	242 000
Total Equity and Debt	949 000	3 019 000	1 247 000	6 948 000

Financial indicators	2022	2021	2020	2019
Return on Equity	622,64 %	125,84 %	795,75 %	−44,33 %
Debt-to-Equity Ratio	−3,71	0,81	−3,62	0,57
Operating Profit Margin	-	-	−112,35 %	-
Current Ratio	0,5	3,96	5,21	12,29
Quick Ratio	0,5	3,96	5,21	12,29
Equity Ratio	−0,31	0,51	−0,32	0,62
Gross Profit Margin	-	-	100 %	-