SCANDINAVIAN SEAPLANES AS

5035 BERGEN

Finances

Return on Equity

204,39 %

Current Ratio

0,21

Debt-to-Equity Ratio

−0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 216 000	1 219 000	923 000	4 331 000
Net Income	−1 257 000	−711 000	−1 304 000	172 000
Total Assets	2 965 000	2 030 000	2 609 000	833 000
Total Equity	−615 000	−388 000	323 000	−478 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 216 000	1 219 000	923 000	4 331 000
Expenditure	6 346 000	1 847 000	2 029 000	4 073 000
Operating Profit	−1 131 000	−627 000	−1 105 000	259 000
Financial Income	4 000	3 000	1 000	0
Financial Costs	130 000	86 000	38 000	38 000
Financial Balance	−126 000	−83 000	−37 000	−38 000
Earnings Before Tax	−1 257 000	−711 000	−1 142 000	220 000
Tax	0	0	162 000	49 000
Net Income	−1 257 000	−711 000	−1 304 000	172 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 276 000	1 943 000	558 000	717 000
Total Current Assets	688 000	87 000	2 051 000	116 000
Total Assets	2 965 000	2 030 000	2 609 000	833 000
Total Retained Equity	−3 850 000	−2 593 000	−1 882 000	−578 000
Total Equity	−615 000	−388 000	323 000	−478 000
Total Long-Term Debt	313 000	42 000	149 000	198 000
Total Current Debt	3 267 000	2 376 000	2 136 000	1 113 000
Total Equity and Debt	2 965 000	2 030 000	2 609 000	833 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 216 000	1 219 000	877 000	4 331 000
Other Income	0	0	46 000	0
Revenue	5 216 000	1 219 000	923 000	4 331 000
Cost of Goods Sold	2 648 000	253 000	344 000	904 000
Salary Costs	179 000	54 000	9 000	127 000
Depreciation	97 000	55 000	90 000	79 000
Impairment	0	0	0	0
Expenditure	6 346 000	1 847 000	2 029 000	4 073 000
Operating Profit	−1 131 000	−627 000	−1 105 000	259 000
Financial Income	4 000	3 000	1 000	0
Financial Costs	130 000	86 000	38 000	38 000
Financial Balance	−126 000	−83 000	−37 000	−38 000
Dividends	0	0	0	0
Net Income	−1 257 000	−711 000	−1 304 000	172 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	162 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	441 000	220 000	276 000	451 000
Total Tangible Assets	441 000	220 000	276 000	451 000
Total Fiancial Fixed Assets	1 835 000	1 723 000	282 000	105 000
Total Fixed Assets	2 276 000	1 943 000	558 000	717 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	67 000	17 000	1 871 000	78 000
Total Current Assets	688 000	87 000	2 051 000	116 000
Total Assets	2 965 000	2 030 000	2 609 000	833 000
Total Equity	−615 000	−388 000	323 000	−478 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	313 000	42 000	149 000	198 000
Creditors	1 460 000	189 000	362 000	−4 000
Unpaid Taxes	49 000	0	3 000	0
Dividends	0	0	0	0
Other Current Debt	182 000	210 000	21 000	1 057 000
Total Current Debt	3 267 000	2 376 000	2 136 000	1 113 000
Total Equity and Debt	2 965 000	2 030 000	2 609 000	833 000

Financial indicators	2022	2021	2020	2019
Return on Equity	204,39 %	183,25 %	−403,72 %	−35,98 %
Debt-to-Equity Ratio	−0,51	−0,11	0,46	−0,41
Operating Profit Margin	−21,68 %	−51,44 %	−119,72 %	5,98 %
Current Ratio	0,21	0,04	0,96	0,1
Quick Ratio	0,21	0,04	0,96	0,1
Equity Ratio	−0,21	−0,19	0,12	−0,57
Gross Profit Margin	49,23 %	79,25 %	62,73 %	79,13 %