FH SCANDINOX NORGE AS

4516 MANDAL

Finances

Share Ownership

Return on Equity

13,23 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 749 000	31 751 000	19 195 000	27 516 000
Net Income	890 000	2 357 000	1 048 000	1 040 000
Total Assets	23 668 000	12 278 000	13 155 000	6 365 000
Total Equity	6 729 000	5 839 000	3 482 000	2 434 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 749 000	31 751 000	19 195 000	27 516 000
Expenditure	21 607 000	28 729 000	17 849 000	26 152 000
Operating Profit	1 141 000	3 023 000	1 345 000	1 363 000
Financial Income	0	1 000	4 000	3 000
Financial Costs	0	1 000	6 000	33 000
Financial Balance	0	0	−2 000	−30 000
Earnings Before Tax	1 141 000	3 023 000	1 344 000	1 333 000
Tax	251 000	665 000	296 000	294 000
Net Income	890 000	2 357 000	1 048 000	1 040 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 558 000	791 000	1 151 000	425 000
Total Current Assets	21 110 000	11 487 000	12 004 000	5 940 000
Total Assets	23 668 000	12 278 000	13 155 000	6 365 000
Total Retained Equity	6 229 000	5 339 000	2 982 000	1 934 000
Total Equity	6 729 000	5 839 000	3 482 000	2 434 000
Total Long-Term Debt	0	0	306 000	120 000
Total Current Debt	16 939 000	6 439 000	9 367 000	3 811 000
Total Equity and Debt	23 668 000	12 278 000	13 155 000	6 365 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 534 000	31 751 000	19 181 000	27 516 000
Other Income	216 000	0	14 000	0
Revenue	22 749 000	31 751 000	19 195 000	27 516 000
Cost of Goods Sold	9 709 000	16 584 000	6 589 000	16 128 000
Salary Costs	8 601 000	8 743 000	8 263 000	5 914 000
Depreciation	356 000	470 000	391 000	237 000
Impairment	0	0	0	0
Expenditure	21 607 000	28 729 000	17 849 000	26 152 000
Operating Profit	1 141 000	3 023 000	1 345 000	1 363 000
Financial Income	0	1 000	4 000	3 000
Financial Costs	0	1 000	6 000	33 000
Financial Balance	0	0	−2 000	−30 000
Dividends	0	0	0	0
Net Income	890 000	2 357 000	1 048 000	1 040 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	104 000	110 000	0	0
Real Eastate	1 300 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 154 000	681 000	1 151 000	425 000
Total Tangible Assets	2 454 000	681 000	1 151 000	425 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 558 000	791 000	1 151 000	425 000
Stock	1 630 000	1 605 000	1 520 000	1 292 000
Total Investments	0	0	0	0
Cash, Bank	4 066 000	5 104 000	3 581 000	1 724 000
Total Current Assets	21 110 000	11 487 000	12 004 000	5 940 000
Total Assets	23 668 000	12 278 000	13 155 000	6 365 000
Total Equity	6 729 000	5 839 000	3 482 000	2 434 000
Short-Term Group Debt	0	0	0	267 000
Total Long-Term Debt	0	0	306 000	120 000
Creditors	1 161 000	982 000	2 697 000	496 000
Unpaid Taxes	3 394 000	1 374 000	2 456 000	991 000
Dividends	0	0	0	0
Other Current Debt	11 167 000	3 122 000	3 960 000	1 862 000
Total Current Debt	16 939 000	6 439 000	9 367 000	3 811 000
Total Equity and Debt	23 668 000	12 278 000	13 155 000	6 365 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,23 %	40,37 %	30,1 %	42,73 %
Debt-to-Equity Ratio	0	0	0,09	0,05
Operating Profit Margin	5,02 %	9,52 %	7,01 %	4,95 %
Current Ratio	1,25	1,78	1,28	1,56
Quick Ratio	1,38	2,38	1,53	2,36
Equity Ratio	0,28	0,48	0,26	0,38
Gross Profit Margin	57,32 %	47,77 %	65,67 %	41,39 %