SKANDINAVEN AS

6511 KRISTIANSUND N

Finances

Return on Equity

57,39 %

Current Ratio

0,82

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Net Income	295 000	−69 000	−209 000	−14 000
Total Assets	1 670 000	2 023 000	2 921 000	2 961 000
Total Equity	514 000	219 000	288 000	497 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Expenditure	49 000	60 000	199 000	59 000
Operating Profit	−49 000	−60 000	−199 000	−59 000
Financial Income	348 000	0	0	46 000
Financial Costs	4 000	9 000	10 000	1 000
Financial Balance	344 000	−9 000	−10 000	45 000
Earnings Before Tax	295 000	−69 000	−209 000	−14 000
Tax	0	0	0	0
Net Income	295 000	−69 000	−209 000	−14 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	726 000	1 636 000	2 912 000	2 912 000
Total Current Assets	944 000	386 000	8 000	48 000
Total Assets	1 670 000	2 023 000	2 921 000	2 961 000
Total Retained Equity	492 000	197 000	266 000	475 000
Total Equity	514 000	219 000	288 000	497 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 156 000	1 804 000	2 633 000	2 463 000
Total Equity and Debt	1 670 000	2 023 000	2 921 000	2 961 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	49 000	60 000	199 000	59 000
Operating Profit	−49 000	−60 000	−199 000	−59 000
Financial Income	348 000	0	0	46 000
Financial Costs	4 000	9 000	10 000	1 000
Financial Balance	344 000	−9 000	−10 000	45 000
Dividends	0	0	0	0
Net Income	295 000	−69 000	−209 000	−14 000

Balance details (NOK)	2021	2020	2019	2018
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	726 000	1 636 000	2 912 000	2 912 000
Total Fixed Assets	726 000	1 636 000	2 912 000	2 912 000
Stock	0	0	0	0
Total Investments	918 000	0	0	0
Cash, Bank	3 000	378 000	0	34 000
Total Current Assets	944 000	386 000	8 000	48 000
Total Assets	1 670 000	2 023 000	2 921 000	2 961 000
Total Equity	514 000	219 000	288 000	497 000
Short-Term Group Debt	338 000	788 000	1 388 000	1 363 000
Total Long-Term Debt	0	0	0	0
Creditors	59 000	123 000	121 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	759 000	893 000	1 124 000	1 100 000
Total Current Debt	1 156 000	1 804 000	2 633 000	2 463 000
Total Equity and Debt	1 670 000	2 023 000	2 921 000	2 961 000

Financial indicators	2021	2020	2019	2018
Return on Equity	57,39 %	−31,51 %	−72,57 %	−2,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,82	0,21	0	0,02
Quick Ratio	0,82	0,21	0	0,02
Equity Ratio	0,31	0,11	0,1	0,17
Gross Profit Margin	-	-	-	-