SKAARET ELEKTRO AS

2322 RIDABU

Finances

Return on Equity

33,77 %

Current Ratio

1,47

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 465 000	8 330 000	7 980 000	8 162 000
Net Income	517 000	220 000	126 000	−24 000
Total Assets	4 542 000	3 058 000	2 827 000	2 978 000
Total Equity	1 531 000	1 014 000	1 794 000	1 794 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 465 000	8 330 000	7 980 000	8 162 000
Expenditure	9 780 000	8 022 000	7 811 000	8 203 000
Operating Profit	686 000	307 000	169 000	−41 000
Financial Income	6 000	3 000	9 000	9 000
Financial Costs	6 000	27 000	17 000	9 000
Financial Balance	0	−24 000	−8 000	0
Earnings Before Tax	686 000	283 000	162 000	−41 000
Tax	169 000	62 000	35 000	−17 000
Net Income	517 000	220 000	126 000	−24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	415 000	278 000	449 000	479 000
Total Current Assets	4 128 000	2 779 000	2 379 000	2 499 000
Total Assets	4 542 000	3 058 000	2 827 000	2 978 000
Total Retained Equity	1 431 000	914 000	1 694 000	1 694 000
Total Equity	1 531 000	1 014 000	1 794 000	1 794 000
Total Long-Term Debt	198 000	0	0	0
Total Current Debt	2 813 000	2 043 000	1 033 000	1 184 000
Total Equity and Debt	4 542 000	3 058 000	2 827 000	2 978 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 459 000	8 330 000	7 980 000	8 160 000
Other Income	6 000	0	0	2 000
Revenue	10 465 000	8 330 000	7 980 000	8 162 000
Cost of Goods Sold	4 160 000	3 907 000	3 882 000	4 261 000
Salary Costs	4 113 000	2 850 000	2 990 000	2 829 000
Depreciation	0	0	3 000	23 000
Impairment	0	0	0	0
Expenditure	9 780 000	8 022 000	7 811 000	8 203 000
Operating Profit	686 000	307 000	169 000	−41 000
Financial Income	6 000	3 000	9 000	9 000
Financial Costs	6 000	27 000	17 000	9 000
Financial Balance	0	−24 000	−8 000	0
Dividends	0	0	126 000	0
Net Income	517 000	220 000	126 000	−24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	19 000	5 000	23 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	3 000
Total Tangible Assets	0	0	0	3 000
Total Fiancial Fixed Assets	415 000	259 000	444 000	452 000
Total Fixed Assets	415 000	278 000	449 000	479 000
Stock	1 168 000	1 152 000	643 000	701 000
Total Investments	0	0	0	0
Cash, Bank	623 000	383 000	110 000	956 000
Total Current Assets	4 128 000	2 779 000	2 379 000	2 499 000
Total Assets	4 542 000	3 058 000	2 827 000	2 978 000
Total Equity	1 531 000	1 014 000	1 794 000	1 794 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	198 000	0	0	0
Creditors	579 000	454 000	133 000	194 000
Unpaid Taxes	794 000	437 000	395 000	419 000
Dividends	0	0	126 000	0
Other Current Debt	1 081 000	1 075 000	362 000	571 000
Total Current Debt	2 813 000	2 043 000	1 033 000	1 184 000
Total Equity and Debt	4 542 000	3 058 000	2 827 000	2 978 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,77 %	21,7 %	7,02 %	−1,34 %
Debt-to-Equity Ratio	0,13	0	0	0
Operating Profit Margin	6,56 %	3,69 %	2,12 %	−0,5 %
Current Ratio	1,47	1,36	2,3	2,11
Quick Ratio	2,51	3,12	6,1	5,17
Equity Ratio	0,34	0,33	0,63	0,6
Gross Profit Margin	60,25 %	53,1 %	51,35 %	47,79 %