SKORSTAD SETTEFISK AS

7819 FOSSLANDSOSEN

Finances

Share Ownership

Return on Equity

29,35 %

Current Ratio

2,11

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 450 000	28 527 000	29 990 000	37 272 000
Net Income	1 495 000	2 283 000	3 015 000	6 234 000
Total Assets	11 785 000	11 049 000	11 831 000	9 408 000
Total Equity	5 093 000	5 093 000	5 090 000	5 085 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 450 000	28 527 000	29 990 000	37 272 000
Expenditure	30 533 000	25 600 000	26 116 000	29 351 000
Operating Profit	1 918 000	2 928 000	3 874 000	7 992 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	9 000	0
Financial Balance	−1 000	−1 000	−9 000	0
Earnings Before Tax	1 917 000	2 927 000	3 865 000	7 992 000
Tax	422 000	644 000	850 000	1 758 000
Net Income	1 495 000	2 283 000	3 015 000	6 234 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 117 000	3 596 000	2 479 000
Total Current Assets	11 785 000	9 932 000	8 235 000	6 929 000
Total Assets	11 785 000	11 049 000	11 831 000	9 408 000
Total Retained Equity	2 410 000	2 410 000	4 690 000	4 685 000
Total Equity	5 093 000	5 093 000	5 090 000	5 085 000
Total Long-Term Debt	1 103 000	510 000	0	611 000
Total Current Debt	5 590 000	5 445 000	6 741 000	3 713 000
Total Equity and Debt	11 785 000	11 049 000	11 831 000	9 408 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 450 000	28 527 000	29 990 000	37 272 000
Other Income	0	0	0	0
Revenue	32 450 000	28 527 000	29 990 000	37 272 000
Cost of Goods Sold	21 526 000	17 791 000	18 045 000	20 954 000
Salary Costs	3 790 000	3 452 000	3 506 000	3 965 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	30 533 000	25 600 000	26 116 000	29 351 000
Operating Profit	1 918 000	2 928 000	3 874 000	7 992 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	9 000	0
Financial Balance	−1 000	−1 000	−9 000	0
Dividends	0	2 280 000	0	0
Net Income	1 495 000	2 283 000	3 015 000	6 234 000

Balance details (NOK)	2022	2021	2020	2019
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	0	1 117 000	3 596 000	2 479 000
Total Fixed Assets	0	1 117 000	3 596 000	2 479 000
Stock	11 088 000	8 839 000	7 471 000	5 884 000
Total Investments	0	0	0	0
Cash, Bank	491 000	408 000	552 000	840 000
Total Current Assets	11 785 000	9 932 000	8 235 000	6 929 000
Total Assets	11 785 000	11 049 000	11 831 000	9 408 000
Total Equity	5 093 000	5 093 000	5 090 000	5 085 000
Short-Term Group Debt	1 917 000	0	0	0
Total Long-Term Debt	1 103 000	510 000	0	611 000
Creditors	2 956 000	2 756 000	2 371 000	1 381 000
Unpaid Taxes	120 000	148 000	145 000	142 000
Dividends	0	2 280 000	0	0
Other Current Debt	597 000	261 000	365 000	432 000
Total Current Debt	5 590 000	5 445 000	6 741 000	3 713 000
Total Equity and Debt	11 785 000	11 049 000	11 831 000	9 408 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,35 %	44,83 %	59,23 %	122,6 %
Debt-to-Equity Ratio	0,22	0,1	0	0,12
Operating Profit Margin	5,91 %	10,26 %	12,92 %	21,44 %
Current Ratio	2,11	1,82	1,22	1,87
Quick Ratio	−2,14	−2,93	−11,28	−3,19
Equity Ratio	0,43	0,46	0,43	0,54
Gross Profit Margin	33,66 %	37,63 %	39,83 %	43,78 %