M: SKIEN AS

3724 SKIEN

Finances

Share Ownership

Return on Equity

−33,82 %

Current Ratio

0,83

Debt-to-Equity Ratio

−0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 970 000	4 996 000	4 687 000	4 460 000
Net Income	23 000	23 000	38 000	−518 000
Total Assets	1 433 000	1 313 000	1 381 000	1 303 000
Total Equity	−68 000	−91 000	−113 000	−151 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 970 000	4 996 000	4 687 000	4 460 000
Expenditure	5 856 000	4 911 000	4 560 000	5 062 000
Operating Profit	113 000	85 000	127 000	−602 000
Financial Income	13 000	7 000	6 000	3 000
Financial Costs	97 000	63 000	85 000	65 000
Financial Balance	−84 000	−56 000	−79 000	−62 000
Earnings Before Tax	29 000	29 000	48 000	−664 000
Tax	6 000	6 000	11 000	−146 000
Net Income	23 000	23 000	38 000	−518 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	192 000	204 000	194 000	205 000
Total Current Assets	1 241 000	1 108 000	1 186 000	1 099 000
Total Assets	1 433 000	1 313 000	1 381 000	1 303 000
Total Retained Equity	−468 000	−491 000	−513 000	−551 000
Total Equity	−68 000	−91 000	−113 000	−151 000
Total Long-Term Debt	11 000	18 000	0	0
Total Current Debt	1 489 000	1 385 000	1 494 000	1 454 000
Total Equity and Debt	1 433 000	1 313 000	1 381 000	1 303 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 912 000	4 996 000	4 687 000	4 460 000
Other Income	58 000	0	0	0
Revenue	5 970 000	4 996 000	4 687 000	4 460 000
Cost of Goods Sold	3 965 000	3 183 000	2 967 000	3 396 000
Salary Costs	1 083 000	977 000	851 000	961 000
Depreciation	6 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	5 856 000	4 911 000	4 560 000	5 062 000
Operating Profit	113 000	85 000	127 000	−602 000
Financial Income	13 000	7 000	6 000	3 000
Financial Costs	97 000	63 000	85 000	65 000
Financial Balance	−84 000	−56 000	−79 000	−62 000
Dividends	0	0	0	0
Net Income	23 000	23 000	38 000	−518 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	181 000	188 000	194 000	205 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	17 000	0	0
Total Tangible Assets	11 000	17 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	192 000	204 000	194 000	205 000
Stock	1 056 000	1 012 000	1 075 000	1 013 000
Total Investments	0	0	0	0
Cash, Bank	66 000	37 000	68 000	33 000
Total Current Assets	1 241 000	1 108 000	1 186 000	1 099 000
Total Assets	1 433 000	1 313 000	1 381 000	1 303 000
Total Equity	−68 000	−91 000	−113 000	−151 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	18 000	0	0
Creditors	144 000	308 000	467 000	237 000
Unpaid Taxes	400 000	270 000	73 000	202 000
Dividends	0	0	0	0
Other Current Debt	225 000	226 000	177 000	218 000
Total Current Debt	1 489 000	1 385 000	1 494 000	1 454 000
Total Equity and Debt	1 433 000	1 313 000	1 381 000	1 303 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−33,82 %	−25,27 %	−33,63 %	343,05 %
Debt-to-Equity Ratio	−0,16	−0,2	−0	−0
Operating Profit Margin	1,89 %	1,7 %	2,71 %	−13,5 %
Current Ratio	0,83	0,8	0,79	0,76
Quick Ratio	2,87	2,97	2,83	2,49
Equity Ratio	−0,05	−0,07	−0,08	−0,12
Gross Profit Margin	33,58 %	36,29 %	36,7 %	23,86 %