SKAGEN FINANS AS

0784 OSLO

Finances

Return on Equity

8,96 %

Current Ratio

0,55

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 626 000	1 310 000	1 430 000	1 358 000
Net Income	373 000	192 000	284 000	53 000
Total Assets	8 281 000	7 811 000	7 716 000	7 071 000
Total Equity	4 165 000	3 792 000	3 600 000	3 316 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 626 000	1 310 000	1 430 000	1 358 000
Expenditure	1 158 000	1 329 000	1 059 000	1 300 000
Operating Profit	469 000	−18 000	371 000	59 000
Financial Income	136 000	220 000	200 000	48 000
Financial Costs	122 000	12 000	200 000	32 000
Financial Balance	14 000	208 000	0	16 000
Earnings Before Tax	483 000	189 000	370 000	75 000
Tax	110 000	−3 000	86 000	22 000
Net Income	373 000	192 000	284 000	53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 066 000	6 118 000	6 026 000	6 024 000
Total Current Assets	2 215 000	1 693 000	1 690 000	1 047 000
Total Assets	8 281 000	7 811 000	7 716 000	7 071 000
Total Retained Equity	4 065 000	3 692 000	3 500 000	3 216 000
Total Equity	4 165 000	3 792 000	3 600 000	3 316 000
Total Long-Term Debt	104 000	104 000	123 000	147 000
Total Current Debt	4 013 000	3 915 000	3 993 000	3 608 000
Total Equity and Debt	8 281 000	7 811 000	7 716 000	7 071 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	256 000	452 000	461 000	436 000
Other Income	1 370 000	858 000	969 000	922 000
Revenue	1 626 000	1 310 000	1 430 000	1 358 000
Cost of Goods Sold	0	139 000	0	0
Salary Costs	565 000	548 000	562 000	505 000
Depreciation	44 000	46 000	46 000	31 000
Impairment	0	0	0	0
Expenditure	1 158 000	1 329 000	1 059 000	1 300 000
Operating Profit	469 000	−18 000	371 000	59 000
Financial Income	136 000	220 000	200 000	48 000
Financial Costs	122 000	12 000	200 000	32 000
Financial Balance	14 000	208 000	0	16 000
Dividends	0	0	0	0
Net Income	373 000	192 000	284 000	53 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 992 000	4 000 000	3 886 000	3 894 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	39 000	83 000	106 000	96 000
Total Tangible Assets	4 032 000	4 084 000	3 992 000	3 990 000
Total Fiancial Fixed Assets	2 034 000	2 034 000	2 034 000	2 034 000
Total Fixed Assets	6 066 000	6 118 000	6 026 000	6 024 000
Stock	0	0	0	0
Total Investments	781 000	711 000	558 000	139 000
Cash, Bank	1 434 000	942 000	1 087 000	658 000
Total Current Assets	2 215 000	1 693 000	1 690 000	1 047 000
Total Assets	8 281 000	7 811 000	7 716 000	7 071 000
Total Equity	4 165 000	3 792 000	3 600 000	3 316 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	104 000	104 000	123 000	147 000
Creditors	1 000	4 000	1 000	1 000
Unpaid Taxes	161 000	134 000	124 000	102 000
Dividends	0	0	0	0
Other Current Debt	953 000	3 760 000	3 759 000	3 450 000
Total Current Debt	4 013 000	3 915 000	3 993 000	3 608 000
Total Equity and Debt	8 281 000	7 811 000	7 716 000	7 071 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,96 %	5,06 %	7,89 %	1,6 %
Debt-to-Equity Ratio	0,02	0,03	0,03	0,04
Operating Profit Margin	28,84 %	−1,37 %	25,94 %	4,34 %
Current Ratio	0,55	0,43	0,42	0,29
Quick Ratio	0,55	0,43	0,42	0,29
Equity Ratio	0,5	0,49	0,47	0,47
Gross Profit Margin	100 %	89,39 %	100 %	100 %