M/S SKARSFOS AS

3720 SKIEN

Finances

Return on Equity

17,5 %

Current Ratio

9,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 545 000	989 000	710 000	1 861 000
Net Income	383 000	42 000	−377 000	136 000
Total Assets	2 457 000	2 036 000	1 955 000	2 438 000
Total Equity	2 189 000	1 806 000	1 765 000	2 141 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 545 000	989 000	710 000	1 861 000
Expenditure	2 107 000	1 027 000	1 094 000	1 695 000
Operating Profit	439 000	−37 000	−385 000	166 000
Financial Income	11 000	2 000	8 000	9 000
Financial Costs	0	0	0	1 000
Financial Balance	11 000	2 000	8 000	8 000
Earnings Before Tax	451 000	−35 000	−377 000	174 000
Tax	68 000	0	0	38 000
Net Income	383 000	42 000	−377 000	136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	80 000	155 000	244 000
Total Current Assets	2 457 000	1 956 000	1 800 000	2 194 000
Total Assets	2 457 000	2 036 000	1 955 000	2 438 000
Total Retained Equity	1 919 000	1 537 000	1 495 000	1 871 000
Total Equity	2 189 000	1 806 000	1 765 000	2 141 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	268 000	229 000	190 000	297 000
Total Equity and Debt	2 457 000	2 036 000	1 955 000	2 438 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 463 000	576 000	618 000	1 840 000
Other Income	82 000	413 000	92 000	21 000
Revenue	2 545 000	989 000	710 000	1 861 000
Cost of Goods Sold	607 000	102 000	109 000	530 000
Salary Costs	1 000 000	628 000	444 000	600 000
Depreciation	12 000	75 000	90 000	90 000
Impairment	0	0	0	0
Expenditure	2 107 000	1 027 000	1 094 000	1 695 000
Operating Profit	439 000	−37 000	−385 000	166 000
Financial Income	11 000	2 000	8 000	9 000
Financial Costs	0	0	0	1 000
Financial Balance	11 000	2 000	8 000	8 000
Dividends	0	0	0	0
Net Income	383 000	42 000	−377 000	136 000

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	0	80 000	139 000	198 000
Total Tangible Assets	0	80 000	155 000	244 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	80 000	155 000	244 000
Stock	0	0	0	0
Total Investments	0	0	100 000	100 000
Cash, Bank	2 131 000	1 435 000	1 113 000	1 578 000
Total Current Assets	2 457 000	1 956 000	1 800 000	2 194 000
Total Assets	2 457 000	2 036 000	1 955 000	2 438 000
Total Equity	2 189 000	1 806 000	1 765 000	2 141 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	89 000	89 000	11 000
Unpaid Taxes	56 000	83 000	57 000	90 000
Dividends	0	0	0	0
Other Current Debt	137 000	57 000	44 000	159 000
Total Current Debt	268 000	229 000	190 000	297 000
Total Equity and Debt	2 457 000	2 036 000	1 955 000	2 438 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,5 %	2,33 %	−21,36 %	6,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,25 %	−3,74 %	−54,23 %	8,92 %
Current Ratio	9,17	8,54	9,47	7,39
Quick Ratio	9,17	8,54	9,47	7,39
Equity Ratio	0,89	0,89	0,9	0,88
Gross Profit Margin	76,15 %	89,69 %	84,65 %	71,52 %