SKINTECH AS

0283 OSLO

Finances

Share Ownership

Return on Equity

158 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 203 000	25 108 000	12 211 000	16 744 000
Net Income	4 187 000	4 816 000	−869 000	426 000
Total Assets	11 814 000	12 652 000	7 265 000	7 617 000
Total Equity	2 650 000	2 705 000	2 979 000	3 848 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 203 000	25 108 000	12 211 000	16 744 000
Expenditure	19 738 000	18 713 000	12 968 000	16 099 000
Operating Profit	5 465 000	6 395 000	−757 000	645 000
Financial Income	96 000	61 000	30 000	33 000
Financial Costs	174 000	218 000	387 000	123 000
Financial Balance	−78 000	−157 000	−357 000	−90 000
Earnings Before Tax	5 388 000	6 238 000	−1 114 000	554 000
Tax	1 201 000	1 422 000	−244 000	128 000
Net Income	4 187 000	4 816 000	−869 000	426 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	70 000	146 000	187 000	241 000
Total Current Assets	11 744 000	12 505 000	7 079 000	7 376 000
Total Assets	11 814 000	12 652 000	7 265 000	7 617 000
Total Retained Equity	2 350 000	2 405 000	2 679 000	3 548 000
Total Equity	2 650 000	2 705 000	2 979 000	3 848 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 164 000	9 947 000	4 286 000	3 769 000
Total Equity and Debt	11 814 000	12 652 000	7 265 000	7 617 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 195 000	25 108 000	12 211 000	16 744 000
Other Income	8 000	0	0	0
Revenue	25 203 000	25 108 000	12 211 000	16 744 000
Cost of Goods Sold	14 564 000	13 005 000	8 521 000	11 399 000
Salary Costs	2 860 000	3 688 000	2 317 000	2 552 000
Depreciation	26 000	27 000	9 000	4 000
Impairment	0	0	0	0
Expenditure	19 738 000	18 713 000	12 968 000	16 099 000
Operating Profit	5 465 000	6 395 000	−757 000	645 000
Financial Income	96 000	61 000	30 000	33 000
Financial Costs	174 000	218 000	387 000	123 000
Financial Balance	−78 000	−157 000	−357 000	−90 000
Dividends	0	5 000 000	0	0
Net Income	4 187 000	4 816 000	−869 000	426 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	54 000	110 000	183 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	92 000	76 000	59 000
Total Tangible Assets	20 000	92 000	76 000	59 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	70 000	146 000	187 000	241 000
Stock	4 944 000	3 904 000	4 429 000	3 107 000
Total Investments	0	0	0	0
Cash, Bank	2 743 000	4 439 000	1 130 000	709 000
Total Current Assets	11 744 000	12 505 000	7 079 000	7 376 000
Total Assets	11 814 000	12 652 000	7 265 000	7 617 000
Total Equity	2 650 000	2 705 000	2 979 000	3 848 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 219 000	342 000	2 352 000	1 324 000
Unpaid Taxes	876 000	1 549 000	896 000	1 264 000
Dividends	0	5 000 000	0	0
Other Current Debt	630 000	1 601 000	1 038 000	966 000
Total Current Debt	9 164 000	9 947 000	4 286 000	3 769 000
Total Equity and Debt	11 814 000	12 652 000	7 265 000	7 617 000

Financial indicators	2022	2021	2020	2019
Return on Equity	158 %	178,04 %	−29,17 %	11,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,68 %	25,47 %	−6,2 %	3,85 %
Current Ratio	1,28	1,26	1,65	1,96
Quick Ratio	2,78	2,07	−49,5	11,14
Equity Ratio	0,22	0,21	0,41	0,51
Gross Profit Margin	42,21 %	48,2 %	30,22 %	31,92 %