SKOVIN AS

0267 OSLO

Finances

Share Ownership

Return on Equity

43,15 %

Current Ratio

1,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 964 000	20 169 000	14 129 000	16 929 000
Net Income	2 541 000	3 203 000	261 000	−4 462 000
Total Assets	11 907 000	12 282 000	6 070 000	9 655 000
Total Equity	5 889 000	5 687 000	1 884 000	1 136 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 964 000	20 169 000	14 129 000	16 929 000
Expenditure	18 869 000	19 742 000	13 398 000	21 558 000
Operating Profit	3 313 000	3 189 000	225 000	−4 646 000
Financial Income	148 000	132 000	99 000	70 000
Financial Costs	197 000	118 000	201 000	23 000
Financial Balance	−49 000	14 000	−102 000	47 000
Earnings Before Tax	3 264 000	3 203 000	124 000	−4 599 000
Tax	722 000	0	−138 000	−137 000
Net Income	2 541 000	3 203 000	261 000	−4 462 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	195 000	217 000	43 000	166 000
Total Current Assets	11 713 000	12 065 000	6 028 000	9 489 000
Total Assets	11 907 000	12 282 000	6 070 000	9 655 000
Total Retained Equity	3 157 000	2 955 000	−248 000	−997 000
Total Equity	5 889 000	5 687 000	1 884 000	1 136 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 019 000	6 595 000	4 186 000	8 519 000
Total Equity and Debt	11 907 000	12 282 000	6 070 000	9 655 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 964 000	20 169 000	14 129 000	16 929 000
Other Income	0	0	0	0
Revenue	22 964 000	20 169 000	14 129 000	16 929 000
Cost of Goods Sold	12 735 000	15 052 000	9 050 000	12 484 000
Salary Costs	2 672 000	2 393 000	1 879 000	2 858 000
Depreciation	58 000	37 000	147 000	206 000
Impairment	0	0	0	0
Expenditure	18 869 000	19 742 000	13 398 000	21 558 000
Operating Profit	3 313 000	3 189 000	225 000	−4 646 000
Financial Income	148 000	132 000	99 000	70 000
Financial Costs	197 000	118 000	201 000	23 000
Financial Balance	−49 000	14 000	−102 000	47 000
Dividends	0	0	0	0
Net Income	2 541 000	3 203 000	261 000	−4 462 000

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	195 000	217 000	43 000	166 000
Total Tangible Assets	195 000	217 000	43 000	166 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	195 000	217 000	43 000	166 000
Stock	2 498 000	3 280 000	517 000	1 024 000
Total Investments	0	0	0	0
Cash, Bank	5 027 000	3 173 000	491 000	663 000
Total Current Assets	11 713 000	12 065 000	6 028 000	9 489 000
Total Assets	11 907 000	12 282 000	6 070 000	9 655 000
Total Equity	5 889 000	5 687 000	1 884 000	1 136 000
Short-Term Group Debt	400 000	400 000	809 000	3 809 000
Total Long-Term Debt	0	0	0	0
Creditors	2 378 000	2 166 000	1 432 000	1 262 000
Unpaid Taxes	611 000	670 000	307 000	242 000
Dividends	0	0	0	0
Other Current Debt	2 568 000	3 359 000	1 638 000	3 206 000
Total Current Debt	6 019 000	6 595 000	4 186 000	8 519 000
Total Equity and Debt	11 907 000	12 282 000	6 070 000	9 655 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,15 %	56,32 %	13,85 %	−392,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,43 %	15,81 %	1,59 %	−27,44 %
Current Ratio	1,95	1,83	1,44	1,11
Quick Ratio	3,33	3,64	1,64	1,27
Equity Ratio	0,49	0,46	0,31	0,12
Gross Profit Margin	44,54 %	25,37 %	35,95 %	26,26 %