SKINLO & CO AS

6823 SANDANE

Finances

Return on Equity

21,54 %

Current Ratio

2,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 741 000	6 569 000	5 502 000	6 015 000
Net Income	517 000	333 000	389 000	555 000
Total Assets	3 599 000	4 621 000	3 875 000	3 487 000
Total Equity	2 400 000	3 183 000	2 850 000	2 461 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 741 000	6 569 000	5 502 000	6 015 000
Expenditure	6 060 000	6 132 000	4 994 000	5 296 000
Operating Profit	681 000	436 000	507 000	719 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	0	0	2 000	4 000
Financial Balance	1 000	0	−1 000	−2 000
Earnings Before Tax	681 000	436 000	507 000	717 000
Tax	164 000	103 000	118 000	162 000
Net Income	517 000	333 000	389 000	555 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	122 000	139 000	157 000	17 000
Total Current Assets	3 477 000	4 482 000	3 718 000	3 470 000
Total Assets	3 599 000	4 621 000	3 875 000	3 487 000
Total Retained Equity	2 100 000	2 883 000	2 550 000	2 161 000
Total Equity	2 400 000	3 183 000	2 850 000	2 461 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 199 000	1 438 000	1 025 000	1 026 000
Total Equity and Debt	3 599 000	4 621 000	3 875 000	3 487 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 742 000	6 593 000	5 391 000	6 015 000
Other Income	−2 000	−24 000	111 000	0
Revenue	6 741 000	6 569 000	5 502 000	6 015 000
Cost of Goods Sold	3 210 000	3 328 000	2 786 000	3 050 000
Salary Costs	2 130 000	2 104 000	1 512 000	1 651 000
Depreciation	17 000	18 000	17 000	12 000
Impairment	0	0	0	0
Expenditure	6 060 000	6 132 000	4 994 000	5 296 000
Operating Profit	681 000	436 000	507 000	719 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	0	0	2 000	4 000
Financial Balance	1 000	0	−1 000	−2 000
Dividends	1 300 000	0	0	0
Net Income	517 000	333 000	389 000	555 000

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	17 000	34 000	52 000	13 000
Total Tangible Assets	17 000	34 000	52 000	13 000
Total Fiancial Fixed Assets	105 000	105 000	105 000	4 000
Total Fixed Assets	122 000	139 000	157 000	17 000
Stock	1 358 000	1 028 000	997 000	1 196 000
Total Investments	0	0	0	101 000
Cash, Bank	2 001 000	3 416 000	2 661 000	2 125 000
Total Current Assets	3 477 000	4 482 000	3 718 000	3 470 000
Total Assets	3 599 000	4 621 000	3 875 000	3 487 000
Total Equity	2 400 000	3 183 000	2 850 000	2 461 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	261 000	280 000	329 000	230 000
Unpaid Taxes	335 000	389 000	288 000	305 000
Dividends	1 300 000	0	0	0
Other Current Debt	438 000	666 000	290 000	329 000
Total Current Debt	1 199 000	1 438 000	1 025 000	1 026 000
Total Equity and Debt	3 599 000	4 621 000	3 875 000	3 487 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,54 %	10,46 %	13,65 %	22,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,1 %	6,64 %	9,21 %	11,95 %
Current Ratio	2,9	3,12	3,63	3,38
Quick Ratio	−21,87	10,93	132,79	−20,41
Equity Ratio	0,67	0,69	0,74	0,71
Gross Profit Margin	52,38 %	49,34 %	49,36 %	49,29 %