STEIN AAGE SKORSTAD AS

7800 NAMSOS

Finances

Return on Equity

1,97 %

Current Ratio

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 989 000	2 539 000	3 046 000	5 628 000
Net Income	33 000	196 000	−75 000	436 000
Total Assets	2 138 000	2 234 000	2 283 000	2 499 000
Total Equity	1 671 000	1 638 000	1 442 000	1 517 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 989 000	2 539 000	3 046 000	5 628 000
Expenditure	2 934 000	2 642 000	3 154 000	5 424 000
Operating Profit	55 000	−103 000	−108 000	204 000
Financial Income	0	290 000	1 000	301 000
Financial Costs	7 000	10 000	5 000	5 000
Financial Balance	−7 000	280 000	−4 000	296 000
Earnings Before Tax	48 000	177 000	−111 000	500 000
Tax	15 000	−18 000	−37 000	64 000
Net Income	33 000	196 000	−75 000	436 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 397 000	1 399 000	1 398 000	1 399 000
Total Current Assets	741 000	835 000	885 000	1 100 000
Total Assets	2 138 000	2 234 000	2 283 000	2 499 000
Total Retained Equity	1 571 000	1 538 000	1 342 000	1 417 000
Total Equity	1 671 000	1 638 000	1 442 000	1 517 000
Total Long-Term Debt	97 000	242 000	388 000	57 000
Total Current Debt	371 000	354 000	453 000	926 000
Total Equity and Debt	2 138 000	2 234 000	2 283 000	2 499 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 989 000	2 539 000	2 962 000	5 628 000
Other Income	0	0	84 000	0
Revenue	2 989 000	2 539 000	3 046 000	5 628 000
Cost of Goods Sold	332 000	354 000	430 000	797 000
Salary Costs	1 643 000	1 481 000	1 442 000	2 105 000
Depreciation	5 000	16 000	56 000	56 000
Impairment	0	0	0	0
Expenditure	2 934 000	2 642 000	3 154 000	5 424 000
Operating Profit	55 000	−103 000	−108 000	204 000
Financial Income	0	290 000	1 000	301 000
Financial Costs	7 000	10 000	5 000	5 000
Financial Balance	−7 000	280 000	−4 000	296 000
Dividends	0	0	0	0
Net Income	33 000	196 000	−75 000	436 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	36 000	37 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	8 000	24 000	80 000
Total Tangible Assets	4 000	8 000	24 000	80 000
Total Fiancial Fixed Assets	1 373 000	1 355 000	1 337 000	1 319 000
Total Fixed Assets	1 397 000	1 399 000	1 398 000	1 399 000
Stock	43 000	21 000	38 000	54 000
Total Investments	0	0	0	0
Cash, Bank	478 000	578 000	732 000	819 000
Total Current Assets	741 000	835 000	885 000	1 100 000
Total Assets	2 138 000	2 234 000	2 283 000	2 499 000
Total Equity	1 671 000	1 638 000	1 442 000	1 517 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	97 000	242 000	388 000	57 000
Creditors	1 000	5 000	0	284 000
Unpaid Taxes	135 000	113 000	90 000	86 000
Dividends	0	0	0	0
Other Current Debt	234 000	236 000	363 000	506 000
Total Current Debt	371 000	354 000	453 000	926 000
Total Equity and Debt	2 138 000	2 234 000	2 283 000	2 499 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,97 %	11,97 %	−5,2 %	28,74 %
Debt-to-Equity Ratio	0,06	0,15	0,27	0,04
Operating Profit Margin	1,84 %	−4,06 %	−3,55 %	3,62 %
Current Ratio	2	2,36	1,95	1,19
Quick Ratio	2,26	2,51	2,13	1,26
Equity Ratio	0,78	0,73	0,63	0,61
Gross Profit Margin	88,89 %	86,06 %	85,88 %	85,84 %