SKAGERAK ITB AS

3160 STOKKE

Finances

Share Ownership

Return on Equity

−40,6 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 152 000	5 289 000	8 209 000	5 655 000
Net Income	−609 000	−170 000	443 000	31 000
Total Assets	5 653 000	3 546 000	3 484 000	2 606 000
Total Equity	1 500 000	971 000	1 141 000	698 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 152 000	5 289 000	8 209 000	5 655 000
Expenditure	5 883 000	5 626 000	7 748 000	5 667 000
Operating Profit	−732 000	−337 000	460 000	−12 000
Financial Income	1 000	0	7 000	2 000
Financial Costs	50 000	29 000	28 000	3 000
Financial Balance	−49 000	−29 000	−21 000	−1 000
Earnings Before Tax	−781 000	−366 000	439 000	−13 000
Tax	−172 000	−196 000	−4 000	−44 000
Net Income	−609 000	−170 000	443 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	753 000	846 000	464 000	67 000
Total Current Assets	4 900 000	2 700 000	3 020 000	2 539 000
Total Assets	5 653 000	3 546 000	3 484 000	2 606 000
Total Retained Equity	1 400 000	871 000	1 041 000	598 000
Total Equity	1 500 000	971 000	1 141 000	698 000
Total Long-Term Debt	126 000	0	0	0
Total Current Debt	4 027 000	2 575 000	2 343 000	1 909 000
Total Equity and Debt	5 653 000	3 546 000	3 484 000	2 606 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 152 000	5 289 000	8 209 000	5 655 000
Other Income	0	0	0	0
Revenue	5 152 000	5 289 000	8 209 000	5 655 000
Cost of Goods Sold	894 000	1 513 000	4 324 000	958 000
Salary Costs	3 918 000	2 939 000	2 564 000	3 656 000
Depreciation	40 000	28 000	30 000	13 000
Impairment	0	0	0	0
Expenditure	5 883 000	5 626 000	7 748 000	5 667 000
Operating Profit	−732 000	−337 000	460 000	−12 000
Financial Income	1 000	0	7 000	2 000
Financial Costs	50 000	29 000	28 000	3 000
Financial Balance	−49 000	−29 000	−21 000	−1 000
Dividends	0	0	0	0
Net Income	−609 000	−170 000	443 000	31 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	670 000	716 000	335 000	44 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	63 000	78 000	70 000	23 000
Total Tangible Assets	63 000	78 000	70 000	23 000
Total Fiancial Fixed Assets	20 000	53 000	59 000	0
Total Fixed Assets	753 000	846 000	464 000	67 000
Stock	251 000	77 000	77 000	0
Total Investments	0	0	0	0
Cash, Bank	446 000	728 000	618 000	1 509 000
Total Current Assets	4 900 000	2 700 000	3 020 000	2 539 000
Total Assets	5 653 000	3 546 000	3 484 000	2 606 000
Total Equity	1 500 000	971 000	1 141 000	698 000
Short-Term Group Debt	2 487 000	1 574 000	668 000	668 000
Total Long-Term Debt	126 000	0	0	0
Creditors	96 000	94 000	740 000	114 000
Unpaid Taxes	551 000	310 000	244 000	436 000
Dividends	0	0	0	0
Other Current Debt	892 000	597 000	690 000	690 000
Total Current Debt	4 027 000	2 575 000	2 343 000	1 909 000
Total Equity and Debt	5 653 000	3 546 000	3 484 000	2 606 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,6 %	−17,51 %	38,83 %	4,44 %
Debt-to-Equity Ratio	0,08	0	0	0
Operating Profit Margin	−14,21 %	−6,37 %	5,6 %	−0,21 %
Current Ratio	1,22	1,05	1,29	1,33
Quick Ratio	1,3	1,08	1,33	1,33
Equity Ratio	0,27	0,27	0,33	0,27
Gross Profit Margin	82,65 %	71,39 %	47,33 %	83,06 %