SKAR SKULSTAD GROUP AS

5263 TRENGEREID

Finances

Return on Equity

−56,55 %

Current Ratio

13,44

Debt-to-Equity Ratio

2,26

Key figures (NOK)	2021	2020	2019	2018
Revenue	40 000	40 000	40 000	0
Net Income	−203 000	25 000	33 000	612 000
Total Assets	1 177 000	1 346 000	1 293 000	1 271 000
Total Equity	359 000	562 000	537 000	504 000

Income (NOK)	2021	2020	2019	2018
Revenue	40 000	40 000	40 000	0
Expenditure	69 000	15 000	27 000	15 000
Operating Profit	−29 000	25 000	13 000	−15 000
Financial Income	52 000	23 000	29 000	650 000
Financial Costs	227 000	16 000	8 000	22 000
Financial Balance	−175 000	7 000	21 000	628 000
Earnings Before Tax	−203 000	32 000	33 000	612 000
Tax	0	7 000	0	0
Net Income	−203 000	25 000	33 000	612 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 056 000	1 194 000	1 171 000	1 193 000
Total Current Assets	121 000	152 000	122 000	79 000
Total Assets	1 177 000	1 346 000	1 293 000	1 271 000
Total Retained Equity	259 000	462 000	437 000	404 000
Total Equity	359 000	562 000	537 000	504 000
Total Long-Term Debt	810 000	763 000	742 000	767 000
Total Current Debt	9 000	20 000	14 000	0
Total Equity and Debt	1 177 000	1 346 000	1 293 000	1 271 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	40 000	40 000	40 000	0
Other Income	0	0	0	0
Revenue	40 000	40 000	40 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	69 000	15 000	27 000	15 000
Operating Profit	−29 000	25 000	13 000	−15 000
Financial Income	52 000	23 000	29 000	650 000
Financial Costs	227 000	16 000	8 000	22 000
Financial Balance	−175 000	7 000	21 000	628 000
Dividends	0	0	0	0
Net Income	−203 000	25 000	33 000	612 000

Balance details (NOK)	2021	2020	2019	2018
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	1 056 000	1 194 000	1 171 000	1 193 000
Total Fixed Assets	1 056 000	1 194 000	1 171 000	1 193 000
Stock	0	0	0	0
Total Investments	0	71 000	82 000	78 000
Cash, Bank	1 000	1 000	1 000	1 000
Total Current Assets	121 000	152 000	122 000	79 000
Total Assets	1 177 000	1 346 000	1 293 000	1 271 000
Total Equity	359 000	562 000	537 000	504 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	810 000	763 000	742 000	767 000
Creditors	−1 000	0	14 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	10 000	13 000	0	0
Total Current Debt	9 000	20 000	14 000	0
Total Equity and Debt	1 177 000	1 346 000	1 293 000	1 271 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−56,55 %	4,45 %	6,15 %	121,43 %
Debt-to-Equity Ratio	2,26	1,36	1,38	1,52
Operating Profit Margin	−72,5 %	62,5 %	32,5 %	-
Current Ratio	13,44	7,6	8,71	-
Quick Ratio	13,44	7,6	8,71	-
Equity Ratio	0,31	0,42	0,42	0,4
Gross Profit Margin	100 %	100 %	100 %	-