MADE FOR MOVEMENT AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

26,91 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 637 000	28 413 000	32 148 000	42 582 000
Net Income	1 360 000	2 359 000	5 276 000	7 321 000
Total Assets	15 154 000	14 876 000	27 448 000	21 820 000
Total Equity	5 053 000	5 114 000	5 140 000	5 109 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 637 000	28 413 000	32 148 000	42 582 000
Expenditure	28 017 000	25 359 000	25 389 000	33 295 000
Operating Profit	1 619 000	3 053 000	6 758 000	9 287 000
Financial Income	149 000	4 000	27 000	247 000
Financial Costs	21 000	26 000	21 000	28 000
Financial Balance	128 000	−22 000	6 000	219 000
Earnings Before Tax	1 748 000	3 030 000	6 764 000	9 386 000
Tax	388 000	671 000	1 488 000	2 065 000
Net Income	1 360 000	2 359 000	5 276 000	7 321 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	400 000	420 000	262 000	486 000
Total Current Assets	14 754 000	14 456 000	27 186 000	21 333 000
Total Assets	15 154 000	14 876 000	27 448 000	21 820 000
Total Retained Equity	4 953 000	5 014 000	5 040 000	5 009 000
Total Equity	5 053 000	5 114 000	5 140 000	5 109 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 101 000	9 762 000	22 309 000	16 710 000
Total Equity and Debt	15 154 000	14 876 000	27 448 000	21 820 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 637 000	28 413 000	32 148 000	42 582 000
Other Income	0	0	0	0
Revenue	29 637 000	28 413 000	32 148 000	42 582 000
Cost of Goods Sold	12 518 000	10 643 000	10 632 000	15 908 000
Salary Costs	6 872 000	6 588 000	6 709 000	7 599 000
Depreciation	128 000	68 000	128 000	130 000
Impairment	0	0	0	0
Expenditure	28 017 000	25 359 000	25 389 000	33 295 000
Operating Profit	1 619 000	3 053 000	6 758 000	9 287 000
Financial Income	149 000	4 000	27 000	247 000
Financial Costs	21 000	26 000	21 000	28 000
Financial Balance	128 000	−22 000	6 000	219 000
Dividends	0	0	0	0
Net Income	1 360 000	2 359 000	5 276 000	7 321 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	93 000	80 000	79 000	87 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	27 000	0	0
Fixtures	303 000	312 000	183 000	399 000
Total Tangible Assets	303 000	340 000	183 000	399 000
Total Fiancial Fixed Assets	4 000	0	0	0
Total Fixed Assets	400 000	420 000	262 000	486 000
Stock	1 050 000	398 000	669 000	739 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	35 000
Total Current Assets	14 754 000	14 456 000	27 186 000	21 333 000
Total Assets	15 154 000	14 876 000	27 448 000	21 820 000
Total Equity	5 053 000	5 114 000	5 140 000	5 109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	939 000	1 291 000	134 000	1 792 000
Unpaid Taxes	701 000	1 815 000	1 272 000	1 080 000
Dividends	0	0	0	0
Other Current Debt	8 461 000	6 656 000	20 903 000	13 839 000
Total Current Debt	10 101 000	9 762 000	22 309 000	16 710 000
Total Equity and Debt	15 154 000	14 876 000	27 448 000	21 820 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,91 %	46,13 %	102,65 %	143,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,46 %	10,75 %	21,02 %	21,81 %
Current Ratio	1,46	1,48	1,22	1,28
Quick Ratio	1,63	1,54	1,26	1,34
Equity Ratio	0,33	0,34	0,19	0,23
Gross Profit Margin	57,76 %	62,54 %	66,93 %	62,64 %