SKAARE ENGINEERING AS

4865 ÅMLI

Finances

Share Ownership

Return on Equity

−871,43 %

Current Ratio

7,9

Debt-to-Equity Ratio

−152,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	331 000	85 000	116 000	429 000
Net Income	61 000	−67 000	−109 000	−45 000
Total Assets	1 119 000	1 017 000	1 091 000	1 197 000
Total Equity	−7 000	−68 000	−1 000	109 000

Income (NOK)	2022	2021	2020	2019
Revenue	331 000	85 000	116 000	429 000
Expenditure	266 000	145 000	191 000	476 000
Operating Profit	64 000	−59 000	−75 000	−47 000
Financial Income	0	0	0	0
Financial Costs	3 000	8 000	0	11 000
Financial Balance	−3 000	−8 000	0	−11 000
Earnings Before Tax	61 000	−67 000	−75 000	−58 000
Tax	0	0	35 000	−13 000
Net Income	61 000	−67 000	−109 000	−45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	638 000	682 000	727 000	840 000
Total Current Assets	482 000	335 000	364 000	357 000
Total Assets	1 119 000	1 017 000	1 091 000	1 197 000
Total Retained Equity	−37 000	−98 000	−31 000	79 000
Total Equity	−7 000	−68 000	−1 000	109 000
Total Long-Term Debt	1 065 000	1 078 000	1 083 000	0
Total Current Debt	61 000	7 000	9 000	1 088 000
Total Equity and Debt	1 119 000	1 017 000	1 091 000	1 197 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	331 000	85 000	116 000	429 000
Other Income	0	0	0	0
Revenue	331 000	85 000	116 000	429 000
Cost of Goods Sold	174 000	45 000	52 000	30 000
Salary Costs	0	0	3 000	283 000
Depreciation	44 000	45 000	79 000	79 000
Impairment	0	0	0	0
Expenditure	266 000	145 000	191 000	476 000
Operating Profit	64 000	−59 000	−75 000	−47 000
Financial Income	0	0	0	0
Financial Costs	3 000	8 000	0	11 000
Financial Balance	−3 000	−8 000	0	−11 000
Dividends	0	0	0	0
Net Income	61 000	−67 000	−109 000	−45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	35 000
Real Eastate	621 000	652 000	684 000	716 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	30 000	43 000	90 000
Total Tangible Assets	638 000	682 000	727 000	806 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	638 000	682 000	727 000	840 000
Stock	186 000	298 000	313 000	308 000
Total Investments	0	0	0	0
Cash, Bank	78 000	27 000	36 000	38 000
Total Current Assets	482 000	335 000	364 000	357 000
Total Assets	1 119 000	1 017 000	1 091 000	1 197 000
Total Equity	−7 000	−68 000	−1 000	109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 065 000	1 078 000	1 083 000	0
Creditors	22 000	5 000	9 000	9 000
Unpaid Taxes	39 000	2 000	0	6 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	1 074 000
Total Current Debt	61 000	7 000	9 000	1 088 000
Total Equity and Debt	1 119 000	1 017 000	1 091 000	1 197 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−871,43 %	98,53 %	10 900 %	−41,28 %
Debt-to-Equity Ratio	−152,14	−15,85	−1 083	0
Operating Profit Margin	19,34 %	−69,41 %	−64,66 %	−10,96 %
Current Ratio	7,9	47,86	40,44	0,33
Quick Ratio	−3,86	−1,15	−1,2	0,46
Equity Ratio	−0,01	−0,07	−0	0,09
Gross Profit Margin	47,43 %	47,06 %	55,17 %	93,01 %