SKILLRACE AS

5523 HAUGESUND

Finances

Return on Equity

−34,83 %

Current Ratio

14,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	242 000	1 105 000	1 191 000	1 052 000
Net Income	−1 821 000	−525 000	−1 153 000	−2 467 000
Total Assets	5 633 000	121 000	93 000	202 000
Total Equity	5 228 000	−1 771 000	−1 246 000	−859 000

Income (NOK)	2022	2021	2020	2019
Revenue	242 000	1 105 000	1 191 000	1 052 000
Expenditure	2 033 000	1 613 000	2 323 000	3 502 000
Operating Profit	−1 791 000	−508 000	−1 131 000	−2 451 000
Financial Income	0	1 000	0	3 000
Financial Costs	30 000	18 000	22 000	19 000
Financial Balance	−30 000	−17 000	−22 000	−16 000
Earnings Before Tax	−1 821 000	−525 000	−1 153 000	−2 467 000
Tax	0	0	0	0
Net Income	−1 821 000	−525 000	−1 153 000	−2 467 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	23 000	46 000	68 000
Total Current Assets	5 633 000	99 000	47 000	134 000
Total Assets	5 633 000	121 000	93 000	202 000
Total Retained Equity	−10 263 000	−8 442 000	−7 917 000	−6 764 000
Total Equity	5 228 000	−1 771 000	−1 246 000	−859 000
Total Long-Term Debt	13 000	1 203 000	1 052 000	448 000
Total Current Debt	392 000	689 000	287 000	613 000
Total Equity and Debt	5 633 000	121 000	93 000	202 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	242 000	1 090 000	902 000	1 052 000
Other Income	0	15 000	289 000	0
Revenue	242 000	1 105 000	1 191 000	1 052 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 128 000	458 000	1 064 000	2 040 000
Depreciation	23 000	23 000	23 000	34 000
Impairment	0	0	0	0
Expenditure	2 033 000	1 613 000	2 323 000	3 502 000
Operating Profit	−1 791 000	−508 000	−1 131 000	−2 451 000
Financial Income	0	1 000	0	3 000
Financial Costs	30 000	18 000	22 000	19 000
Financial Balance	−30 000	−17 000	−22 000	−16 000
Dividends	0	0	0	0
Net Income	−1 821 000	−525 000	−1 153 000	−2 467 000

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	23 000	46 000	68 000
Total Tangible Assets	0	23 000	46 000	68 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	23 000	46 000	68 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 511 000	7 000	30 000	71 000
Total Current Assets	5 633 000	99 000	47 000	134 000
Total Assets	5 633 000	121 000	93 000	202 000
Total Equity	5 228 000	−1 771 000	−1 246 000	−859 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 000	1 203 000	1 052 000	448 000
Creditors	35 000	10 000	20 000	21 000
Unpaid Taxes	121 000	17 000	48 000	128 000
Dividends	0	0	0	0
Other Current Debt	236 000	566 000	219 000	392 000
Total Current Debt	392 000	689 000	287 000	613 000
Total Equity and Debt	5 633 000	121 000	93 000	202 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,83 %	29,64 %	92,54 %	287,19 %
Debt-to-Equity Ratio	0	−0,68	−0,84	−0,52
Operating Profit Margin	−740,08 %	−45,97 %	−94,96 %	−232,98 %
Current Ratio	14,37	0,14	0,16	0,22
Quick Ratio	14,37	0,14	0,16	0,22
Equity Ratio	0,93	−14,64	−13,4	−4,25
Gross Profit Margin	100 %	100 %	100 %	100 %