SKANTEK AS

0287 OSLO

Finances

Share Ownership

Return on Equity

4,1 %

Current Ratio

1,42

Debt-to-Equity Ratio

6,77

Key figures (NOK)	2021	2020	2019	2018
Revenue	5 060 000	4 437 000	1 654 000	1 889 000
Net Income	5 000	148 000	−254 000	−400 000
Total Assets	1 977 000	2 275 000	1 098 000	1 908 000
Total Equity	122 000	117 000	−732 000	−477 000

Income (NOK)	2021	2020	2019	2018
Revenue	5 060 000	4 437 000	1 654 000	1 889 000
Expenditure	4 994 000	4 153 000	1 894 000	2 378 000
Operating Profit	67 000	283 000	−240 000	−489 000
Financial Income	12 000	8 000	0	1 000
Financial Costs	71 000	100 000	86 000	19 000
Financial Balance	−59 000	−92 000	−86 000	−18 000
Earnings Before Tax	8 000	191 000	−325 000	−507 000
Tax	3 000	43 000	−71 000	−107 000
Net Income	5 000	148 000	−254 000	−400 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	514 000	517 000	460 000	1 462 000
Total Current Assets	1 463 000	1 758 000	638 000	445 000
Total Assets	1 977 000	2 275 000	1 098 000	1 908 000
Total Retained Equity	−778 000	−783 000	−932 000	−677 000
Total Equity	122 000	117 000	−732 000	−477 000
Total Long-Term Debt	826 000	768 000	1 435 000	1 990 000
Total Current Debt	1 030 000	1 390 000	395 000	395 000
Total Equity and Debt	1 977 000	2 275 000	1 098 000	1 908 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	5 003 000	4 089 000	1 527 000	1 014 000
Other Income	57 000	348 000	126 000	875 000
Revenue	5 060 000	4 437 000	1 654 000	1 889 000
Cost of Goods Sold	568 000	410 000	226 000	97 000
Salary Costs	2 291 000	1 740 000	803 000	1 223 000
Depreciation	29 000	70 000	68 000	65 000
Impairment	0	0	0	0
Expenditure	4 994 000	4 153 000	1 894 000	2 378 000
Operating Profit	67 000	283 000	−240 000	−489 000
Financial Income	12 000	8 000	0	1 000
Financial Costs	71 000	100 000	86 000	19 000
Financial Balance	−59 000	−92 000	−86 000	−18 000
Dividends	0	0	0	0
Net Income	5 000	148 000	−254 000	−400 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	218 000	221 000	264 000	192 000
Real Eastate	228 000	38 000	0	0
Machinery and Plant Facilities	0	115 000	0	1 005 000
Fixtures	68 000	143 000	197 000	265 000
Total Tangible Assets	296 000	296 000	197 000	1 270 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	514 000	517 000	460 000	1 462 000
Stock	669 000	386 000	166 000	50 000
Total Investments	0	0	0	0
Cash, Bank	85 000	133 000	94 000	39 000
Total Current Assets	1 463 000	1 758 000	638 000	445 000
Total Assets	1 977 000	2 275 000	1 098 000	1 908 000
Total Equity	122 000	117 000	−732 000	−477 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	826 000	768 000	1 435 000	1 990 000
Creditors	405 000	273 000	147 000	165 000
Unpaid Taxes	347 000	214 000	84 000	72 000
Dividends	0	0	0	0
Other Current Debt	279 000	903 000	163 000	157 000
Total Current Debt	1 030 000	1 390 000	395 000	395 000
Total Equity and Debt	1 977 000	2 275 000	1 098 000	1 908 000

Financial indicators	2021	2020	2019	2018
Return on Equity	4,1 %	126,5 %	34,7 %	83,86 %
Debt-to-Equity Ratio	6,77	6,56	−1,96	−4,17
Operating Profit Margin	1,32 %	6,38 %	−14,51 %	−25,89 %
Current Ratio	1,42	1,26	1,62	1,13
Quick Ratio	4,05	1,75	2,79	1,29
Equity Ratio	0,06	0,05	−0,67	−0,25
Gross Profit Margin	88,77 %	90,76 %	86,34 %	94,87 %