SKILLS FASHION AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

−7,75 %

Current Ratio

2,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 916 000	10 186 000	10 710 000	11 863 000
Net Income	−231 000	609 000	264 000	401 000
Total Assets	4 562 000	4 386 000	4 463 000	4 593 000
Total Equity	2 981 000	3 212 000	2 803 000	2 989 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 916 000	10 186 000	10 710 000	11 863 000
Expenditure	10 208 000	9 393 000	10 348 000	11 314 000
Operating Profit	−292 000	794 000	361 000	549 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	3 000	12 000	21 000	33 000
Financial Balance	−2 000	−12 000	−20 000	−31 000
Earnings Before Tax	−294 000	781 000	341 000	518 000
Tax	−63 000	173 000	77 000	117 000
Net Income	−231 000	609 000	264 000	401 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	164 000	92 000	100 000	167 000
Total Current Assets	4 398 000	4 294 000	4 363 000	4 426 000
Total Assets	4 562 000	4 386 000	4 463 000	4 593 000
Total Retained Equity	2 781 000	3 012 000	2 603 000	2 789 000
Total Equity	2 981 000	3 212 000	2 803 000	2 989 000
Total Long-Term Debt	0	65 000	188 000	275 000
Total Current Debt	1 581 000	1 109 000	1 472 000	1 329 000
Total Equity and Debt	4 562 000	4 386 000	4 463 000	4 593 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 830 000	10 107 000	10 607 000	11 863 000
Other Income	85 000	79 000	103 000	0
Revenue	9 916 000	10 186 000	10 710 000	11 863 000
Cost of Goods Sold	5 774 000	5 732 000	6 522 000	7 180 000
Salary Costs	2 783 000	2 209 000	2 191 000	2 404 000
Depreciation	38 000	61 000	71 000	81 000
Impairment	0	0	0	0
Expenditure	10 208 000	9 393 000	10 348 000	11 314 000
Operating Profit	−292 000	794 000	361 000	549 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	3 000	12 000	21 000	33 000
Financial Balance	−2 000	−12 000	−20 000	−31 000
Dividends	0	0	0	0
Net Income	−231 000	609 000	264 000	401 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	85 000	22 000	18 000	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	17 000	68 000	120 000
Fixtures	80 000	53 000	14 000	33 000
Total Tangible Assets	80 000	70 000	82 000	153 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	164 000	92 000	100 000	167 000
Stock	2 486 000	1 662 000	2 282 000	2 699 000
Total Investments	0	0	0	0
Cash, Bank	1 360 000	2 614 000	1 780 000	1 630 000
Total Current Assets	4 398 000	4 294 000	4 363 000	4 426 000
Total Assets	4 562 000	4 386 000	4 463 000	4 593 000
Total Equity	2 981 000	3 212 000	2 803 000	2 989 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	65 000	188 000	275 000
Creditors	1 046 000	191 000	948 000	796 000
Unpaid Taxes	130 000	308 000	161 000	190 000
Dividends	0	0	0	0
Other Current Debt	405 000	434 000	283 000	221 000
Total Current Debt	1 581 000	1 109 000	1 472 000	1 329 000
Total Equity and Debt	4 562 000	4 386 000	4 463 000	4 593 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,75 %	18,96 %	9,42 %	13,42 %
Debt-to-Equity Ratio	0	0,02	0,07	0,09
Operating Profit Margin	−2,94 %	7,8 %	3,37 %	4,63 %
Current Ratio	2,78	3,87	2,96	3,33
Quick Ratio	−4,86	−7,76	−5,39	−3,23
Equity Ratio	0,65	0,73	0,63	0,65
Gross Profit Margin	41,77 %	43,73 %	39,1 %	39,48 %