KEY PARTNERS AS

2019 SKEDSMOKORSET

Finances

Return on Equity

2,66 %

Current Ratio

11,21

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	530 000	300 000	0
Net Income	507 000	2 219 000	1 060 000	12 616 000
Total Assets	20 842 000	21 394 000	17 319 000	16 481 000
Total Equity	19 052 000	18 545 000	16 326 000	15 266 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	530 000	300 000	0
Expenditure	52 000	176 000	588 000	28 000
Operating Profit	−52 000	354 000	−288 000	−28 000
Financial Income	653 000	1 999 000	1 394 000	12 980 000
Financial Costs	94 000	64 000	0	226 000
Financial Balance	559 000	1 935 000	1 394 000	12 754 000
Earnings Before Tax	507 000	2 289 000	1 106 000	12 726 000
Tax	0	70 000	46 000	110 000
Net Income	507 000	2 219 000	1 060 000	12 616 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	18 420 000	18 394 000	16 870 000	16 448 000
Total Current Assets	2 422 000	3 000 000	450 000	33 000
Total Assets	20 842 000	21 394 000	17 319 000	16 481 000
Total Retained Equity	18 946 000	18 439 000	16 220 000	15 160 000
Total Equity	19 052 000	18 545 000	16 326 000	15 266 000
Total Long-Term Debt	1 574 000	56 000	874 000	1 010 000
Total Current Debt	216 000	2 792 000	119 000	205 000
Total Equity and Debt	20 842 000	21 394 000	17 319 000	16 481 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	530 000	300 000	0
Other Income	0	0	0	0
Revenue	0	530 000	300 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	52 000	176 000	588 000	28 000
Operating Profit	−52 000	354 000	−288 000	−28 000
Financial Income	653 000	1 999 000	1 394 000	12 980 000
Financial Costs	94 000	64 000	0	226 000
Financial Balance	559 000	1 935 000	1 394 000	12 754 000
Dividends	0	0	0	0
Net Income	507 000	2 219 000	1 060 000	12 616 000

Balance details (NOK)	2021	2020	2019	2018
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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	18 420 000	18 394 000	16 870 000	16 448 000
Total Fixed Assets	18 420 000	18 394 000	16 870 000	16 448 000
Stock	0	0	0	0
Total Investments	2 371 000	2 543 000	0	0
Cash, Bank	38 000	444 000	4 000	26 000
Total Current Assets	2 422 000	3 000 000	450 000	33 000
Total Assets	20 842 000	21 394 000	17 319 000	16 481 000
Total Equity	19 052 000	18 545 000	16 326 000	15 266 000
Short-Term Group Debt	51 000	1 043 000	0	0
Total Long-Term Debt	1 574 000	56 000	874 000	1 010 000
Creditors	0	0	1 000	0
Unpaid Taxes	32 000	89 000	0	0
Dividends	0	0	0	0
Other Current Debt	134 000	357 000	72 000	95 000
Total Current Debt	216 000	2 792 000	119 000	205 000
Total Equity and Debt	20 842 000	21 394 000	17 319 000	16 481 000

Financial indicators	2021	2020	2019	2018
Return on Equity	2,66 %	11,97 %	6,49 %	82,64 %
Debt-to-Equity Ratio	0,08	0	0,05	0,07
Operating Profit Margin	-	66,79 %	−96 %	-
Current Ratio	11,21	1,07	3,78	0,16
Quick Ratio	11,21	1,07	3,78	0,16
Equity Ratio	0,91	0,87	0,94	0,93
Gross Profit Margin	-	100 %	100 %	-