SKORVE ENTREPRENØR AS

3850 KVITESEID

Finances

Share Ownership

Return on Equity

43,81 %

Current Ratio

1,35

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	308 932 000	241 122 000	234 675 000	235 753 000
Net Income	12 240 000	6 433 000	10 547 000	3 357 000
Total Assets	105 897 000	99 771 000	108 461 000	68 722 000
Total Equity	27 938 000	31 697 000	25 264 000	12 195 000

Income (NOK)	2022	2021	2020	2019
Revenue	308 932 000	241 122 000	234 675 000	235 753 000
Expenditure	293 946 000	232 688 000	220 911 000	231 304 000
Operating Profit	14 986 000	8 434 000	13 765 000	4 451 000
Financial Income	920 000	76 000	236 000	224 000
Financial Costs	208 000	255 000	459 000	348 000
Financial Balance	712 000	−179 000	−223 000	−124 000
Earnings Before Tax	15 698 000	8 255 000	13 542 000	4 327 000
Tax	3 458 000	1 822 000	2 995 000	970 000
Net Income	12 240 000	6 433 000	10 547 000	3 357 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 589 000	13 296 000	17 058 000	4 284 000
Total Current Assets	93 308 000	86 476 000	91 403 000	64 437 000
Total Assets	105 897 000	99 771 000	108 461 000	68 722 000
Total Retained Equity	18 726 000	22 486 000	16 053 000	8 205 000
Total Equity	27 938 000	31 697 000	25 264 000	12 195 000
Total Long-Term Debt	8 992 000	10 222 000	11 550 000	5 380 000
Total Current Debt	68 967 000	57 852 000	71 648 000	51 146 000
Total Equity and Debt	105 897 000	99 771 000	108 461 000	68 722 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	308 502 000	242 011 000	233 526 000	235 030 000
Other Income	431 000	−889 000	1 149 000	723 000
Revenue	308 932 000	241 122 000	234 675 000	235 753 000
Cost of Goods Sold	200 201 000	159 941 000	149 368 000	179 321 000
Salary Costs	52 188 000	43 639 000	43 241 000	33 350 000
Depreciation	3 834 000	4 630 000	5 213 000	1 136 000
Impairment	0	0	0	0
Expenditure	293 946 000	232 688 000	220 911 000	231 304 000
Operating Profit	14 986 000	8 434 000	13 765 000	4 451 000
Financial Income	920 000	76 000	236 000	224 000
Financial Costs	208 000	255 000	459 000	348 000
Financial Balance	712 000	−179 000	−223 000	−124 000
Dividends	16 000 000	0	7 000 000	0
Net Income	12 240 000	6 433 000	10 547 000	3 357 000

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	10 717 000	12 283 000	17 058 000	4 284 000
Total Tangible Assets	10 717 000	12 283 000	17 058 000	4 284 000
Total Fiancial Fixed Assets	1 872 000	1 012 000	0	0
Total Fixed Assets	12 589 000	13 296 000	17 058 000	4 284 000
Stock	0	200 000	100 000	0
Total Investments	0	0	0	0
Cash, Bank	40 096 000	45 776 000	41 414 000	23 211 000
Total Current Assets	93 308 000	86 476 000	91 403 000	64 437 000
Total Assets	105 897 000	99 771 000	108 461 000	68 722 000
Total Equity	27 938 000	31 697 000	25 264 000	12 195 000
Short-Term Group Debt	10 000 000	0	0	0
Total Long-Term Debt	8 992 000	10 222 000	11 550 000	5 380 000
Creditors	38 902 000	21 484 000	34 988 000	29 973 000
Unpaid Taxes	7 299 000	7 994 000	3 464 000	2 555 000
Dividends	16 000 000	0	7 000 000	0
Other Current Debt	10 494 000	28 221 000	21 242 000	18 618 000
Total Current Debt	68 967 000	57 852 000	71 648 000	51 146 000
Total Equity and Debt	105 897 000	99 771 000	108 461 000	68 722 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,81 %	20,3 %	41,75 %	27,53 %
Debt-to-Equity Ratio	0,32	0,32	0,46	0,44
Operating Profit Margin	4,85 %	3,5 %	5,87 %	1,89 %
Current Ratio	1,35	1,49	1,28	1,26
Quick Ratio	1,35	1,5	1,28	1,26
Equity Ratio	0,26	0,32	0,23	0,18
Gross Profit Margin	35,2 %	33,67 %	36,35 %	23,94 %