SKANDSEN UTVIKLING AS

4372 EGERSUND

Finances

Share Ownership

Return on Equity

−26,76 %

Current Ratio

3,84

Debt-to-Equity Ratio

2,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	1 287 000	354 000	2 392 000
Net Income	−468 000	124 000	16 000	97 000
Total Assets	8 449 000	6 629 000	582 000	391 000
Total Equity	1 749 000	2 217 000	93 000	−334 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	1 287 000	354 000	2 392 000
Expenditure	775 000	1 092 000	454 000	2 276 000
Operating Profit	−275 000	195 000	−100 000	117 000
Financial Income	0	0	0	0
Financial Costs	193 000	39 000	0	20 000
Financial Balance	−193 000	−39 000	0	−20 000
Earnings Before Tax	−468 000	156 000	−101 000	97 000
Tax	0	32 000	−116 000	0
Net Income	−468 000	124 000	16 000	97 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	14 000
Total Current Assets	8 449 000	6 629 000	582 000	377 000
Total Assets	8 449 000	6 629 000	582 000	391 000
Total Retained Equity	−862 000	−395 000	−519 000	−534 000
Total Equity	1 749 000	2 217 000	93 000	−334 000
Total Long-Term Debt	4 500 000	3 000 000	300 000	400 000
Total Current Debt	2 199 000	1 412 000	189 000	325 000
Total Equity and Debt	8 449 000	6 629 000	582 000	391 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 287 000	354 000	2 392 000
Other Income	0	0	0	0
Revenue	0	1 287 000	354 000	2 392 000
Cost of Goods Sold	500 000	1 039 000	239 000	1 205 000
Salary Costs	0	0	95 000	632 000
Depreciation	0	0	14 000	41 000
Impairment	0	0	0	0
Expenditure	775 000	1 092 000	454 000	2 276 000
Operating Profit	−275 000	195 000	−100 000	117 000
Financial Income	0	0	0	0
Financial Costs	193 000	39 000	0	20 000
Financial Balance	−193 000	−39 000	0	−20 000
Dividends	0	0	0	0
Net Income	−468 000	124 000	16 000	97 000

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	0	0	0	14 000
Total Tangible Assets	0	0	0	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	14 000
Stock	8 371 000	3 911 000	0	243 000
Total Investments	0	0	0	0
Cash, Bank	78 000	718 000	52 000	106 000
Total Current Assets	8 449 000	6 629 000	582 000	377 000
Total Assets	8 449 000	6 629 000	582 000	391 000
Total Equity	1 749 000	2 217 000	93 000	−334 000
Short-Term Group Debt	2 180 000	1 380 000	0	0
Total Long-Term Debt	4 500 000	3 000 000	300 000	400 000
Creditors	6 000	0	10 000	35 000
Unpaid Taxes	0	0	0	110 000
Dividends	0	0	0	0
Other Current Debt	14 000	0	179 000	180 000
Total Current Debt	2 199 000	1 412 000	189 000	325 000
Total Equity and Debt	8 449 000	6 629 000	582 000	391 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,76 %	5,59 %	17,2 %	−29,04 %
Debt-to-Equity Ratio	2,57	1,35	3,23	−1,2
Operating Profit Margin	-	15,15 %	−28,25 %	4,89 %
Current Ratio	3,84	4,69	3,08	1,16
Quick Ratio	−1,37	−2,65	3,08	4,6
Equity Ratio	0,21	0,33	0,16	−0,85
Gross Profit Margin	-	19,27 %	32,49 %	49,62 %