SKIENS RUSTFRI INDUSTRI AS

3732 SKIEN

Finances

Return on Equity

49,46 %

Current Ratio

1,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 303 000	32 909 000	34 141 000	31 730 000
Net Income	5 408 000	1 454 000	1 275 000	1 842 000
Total Assets	20 962 000	12 298 000	13 384 000	10 224 000
Total Equity	10 934 000	6 226 000	4 772 000	4 297 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 303 000	32 909 000	34 141 000	31 730 000
Expenditure	51 328 000	31 248 000	33 136 000	29 107 000
Operating Profit	6 975 000	1 878 000	1 644 000	2 364 000
Financial Income	14 000	48 000	44 000	52 000
Financial Costs	55 000	61 000	52 000	54 000
Financial Balance	−41 000	−13 000	−8 000	−2 000
Earnings Before Tax	6 934 000	1 864 000	1 636 000	2 362 000
Tax	1 526 000	411 000	360 000	520 000
Net Income	5 408 000	1 454 000	1 275 000	1 842 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 966 000	3 054 000	2 969 000	730 000
Total Current Assets	17 996 000	9 243 000	10 415 000	9 494 000
Total Assets	20 962 000	12 298 000	13 384 000	10 224 000
Total Retained Equity	10 634 000	5 926 000	4 472 000	3 997 000
Total Equity	10 934 000	6 226 000	4 772 000	4 297 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 028 000	6 072 000	8 611 000	5 927 000
Total Equity and Debt	20 962 000	12 298 000	13 384 000	10 224 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	58 024 000	32 657 000	34 008 000	31 724 000
Other Income	279 000	252 000	134 000	5 000
Revenue	58 303 000	32 909 000	34 141 000	31 730 000
Cost of Goods Sold	24 062 000	9 885 000	12 347 000	11 564 000
Salary Costs	20 328 000	15 508 000	15 834 000	13 441 000
Depreciation	304 000	324 000	215 000	161 000
Impairment	0	0	0	0
Expenditure	51 328 000	31 248 000	33 136 000	29 107 000
Operating Profit	6 975 000	1 878 000	1 644 000	2 364 000
Financial Income	14 000	48 000	44 000	52 000
Financial Costs	55 000	61 000	52 000	54 000
Financial Balance	−41 000	−13 000	−8 000	−2 000
Dividends	700 000	0	800 000	500 000
Net Income	5 408 000	1 454 000	1 275 000	1 842 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	60 000	35 000	6 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	656 000	769 000	713 000	727 000
Total Tangible Assets	656 000	769 000	713 000	727 000
Total Fiancial Fixed Assets	2 250 000	2 251 000	2 250 000	0
Total Fixed Assets	2 966 000	3 054 000	2 969 000	730 000
Stock	2 460 000	1 756 000	1 946 000	684 000
Total Investments	0	0	0	0
Cash, Bank	5 741 000	542 000	662 000	4 294 000
Total Current Assets	17 996 000	9 243 000	10 415 000	9 494 000
Total Assets	20 962 000	12 298 000	13 384 000	10 224 000
Total Equity	10 934 000	6 226 000	4 772 000	4 297 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 766 000	633 000	2 126 000	1 933 000
Unpaid Taxes	2 182 000	1 967 000	2 124 000	2 169 000
Dividends	700 000	0	800 000	500 000
Other Current Debt	3 528 000	1 778 000	1 842 000	1 312 000
Total Current Debt	10 028 000	6 072 000	8 611 000	5 927 000
Total Equity and Debt	20 962 000	12 298 000	13 384 000	10 224 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,46 %	23,35 %	26,72 %	42,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,96 %	5,71 %	4,82 %	7,45 %
Current Ratio	1,79	1,52	1,21	1,6
Quick Ratio	2,38	2,14	1,56	1,81
Equity Ratio	0,52	0,51	0,36	0,42
Gross Profit Margin	58,73 %	69,96 %	63,84 %	63,55 %