SKAGERAK VARME AS

3915 PORSGRUNN

Finances

Share Ownership

Return on Equity

−7,78 %

Current Ratio

3,76

Debt-to-Equity Ratio

1,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	138 651 000	129 949 000	94 320 000	124 545 000
Net Income	−18 771 000	1 662 000	−22 722 000	−2 202 000
Total Assets	684 411 000	725 799 000	692 144 000	703 482 000
Total Equity	241 211 000	237 522 000	195 242 000	199 141 000

Income (NOK)	2022	2021	2020	2019
Revenue	138 651 000	129 949 000	94 320 000	124 545 000
Expenditure	156 686 000	124 537 000	105 284 000	113 712 000
Operating Profit	−18 035 000	5 412 000	−10 965 000	10 833 000
Financial Income	7 024 000	5 348 000	96 000	1 440 000
Financial Costs	13 033 000	9 133 000	17 630 000	15 414 000
Financial Balance	−6 009 000	−3 785 000	−17 534 000	−13 974 000
Earnings Before Tax	−24 044 000	1 627 000	−28 498 000	−3 141 000
Tax	−5 273 000	−35 000	−5 777 000	−939 000
Net Income	−18 771 000	1 662 000	−22 722 000	−2 202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	568 286 000	583 926 000	618 857 000	638 536 000
Total Current Assets	116 125 000	141 873 000	73 287 000	64 946 000
Total Assets	684 411 000	725 799 000	692 144 000	703 482 000
Total Retained Equity	0	0	−316 057 000	−292 041 000
Total Equity	241 211 000	237 522 000	195 242 000	199 141 000
Total Long-Term Debt	412 331 000	463 073 000	471 764 000	465 147 000
Total Current Debt	30 869 000	25 204 000	25 138 000	39 194 000
Total Equity and Debt	684 411 000	725 799 000	692 144 000	703 482 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	137 823 000	129 426 000	93 376 000	123 469 000
Other Income	828 000	524 000	944 000	1 076 000
Revenue	138 651 000	129 949 000	94 320 000	124 545 000
Cost of Goods Sold	77 651 000	54 507 000	38 319 000	51 546 000
Salary Costs	18 644 000	17 853 000	15 862 000	14 349 000
Depreciation	31 743 000	30 646 000	30 270 000	28 730 000
Impairment	0	0	0	0
Expenditure	156 686 000	124 537 000	105 284 000	113 712 000
Operating Profit	−18 035 000	5 412 000	−10 965 000	10 833 000
Financial Income	7 024 000	5 348 000	96 000	1 440 000
Financial Costs	13 033 000	9 133 000	17 630 000	15 414 000
Financial Balance	−6 009 000	−3 785 000	−17 534 000	−13 974 000
Dividends	0	0	0	0
Net Income	−18 771 000	1 662 000	−22 722 000	−2 202 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 417 000	14 400 000	25 921 000	24 632 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	553 031 000	569 401 000	592 386 000	612 215 000
Total Tangible Assets	553 031 000	569 401 000	592 386 000	612 215 000
Total Fiancial Fixed Assets	1 838 000	125 000	550 000	1 689 000
Total Fixed Assets	568 286 000	583 926 000	618 857 000	638 536 000
Stock	4 156 000	2 694 000	890 000	846 000
Total Investments	841 000	0	0	0
Cash, Bank	1 145 000	1 122 000	1 116 000	1 237 000
Total Current Assets	116 125 000	141 873 000	73 287 000	64 946 000
Total Assets	684 411 000	725 799 000	692 144 000	703 482 000
Total Equity	241 211 000	237 522 000	195 242 000	199 141 000
Short-Term Group Debt	7 832 000	3 871 000	2 307 000	4 456 000
Total Long-Term Debt	412 331 000	463 073 000	471 764 000	465 147 000
Creditors	9 048 000	12 770 000	3 164 000	8 104 000
Unpaid Taxes	1 079 000	535 000	2 687 000	1 166 000
Dividends	0	0	0	0
Other Current Debt	12 830 000	8 029 000	10 907 000	11 038 000
Total Current Debt	30 869 000	25 204 000	25 138 000	39 194 000
Total Equity and Debt	684 411 000	725 799 000	692 144 000	703 482 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,78 %	0,7 %	−11,64 %	−1,11 %
Debt-to-Equity Ratio	1,71	1,95	2,42	2,34
Operating Profit Margin	−13,01 %	4,16 %	−11,63 %	8,7 %
Current Ratio	3,76	5,63	2,92	1,66
Quick Ratio	4,35	6,3	3,02	1,69
Equity Ratio	0,35	0,33	0,28	0,28
Gross Profit Margin	44 %	58,06 %	59,37 %	58,61 %