SCANDINAVIAN POWER SYSTEM AS

4745 BYGLAND

Finances

Share Ownership

Return on Equity

51,64 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 604 000	772 000	395 000	677 000
Net Income	173 000	−17 000	35 000	37 000
Total Assets	1 462 000	788 000	432 000	729 000
Total Equity	335 000	161 000	179 000	143 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 604 000	772 000	395 000	677 000
Expenditure	1 388 000	789 000	347 000	641 000
Operating Profit	217 000	−17 000	48 000	36 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	1 000
Earnings Before Tax	217 000	−17 000	49 000	37 000
Tax	44 000	0	14 000	0
Net Income	173 000	−17 000	35 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 462 000	788 000	432 000	729 000
Total Assets	1 462 000	788 000	432 000	729 000
Total Retained Equity	235 000	61 000	79 000	43 000
Total Equity	335 000	161 000	179 000	143 000
Total Long-Term Debt	0	0	29 000	0
Total Current Debt	1 127 000	627 000	224 000	586 000
Total Equity and Debt	1 462 000	788 000	432 000	729 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 592 000	772 000	395 000	677 000
Other Income	12 000	0	0	0
Revenue	1 604 000	772 000	395 000	677 000
Cost of Goods Sold	1 358 000	731 000	304 000	552 000
Salary Costs	16 000	37 000	31 000	50 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 388 000	789 000	347 000	641 000
Operating Profit	217 000	−17 000	48 000	36 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	1 000
Dividends	0	0	0	0
Net Income	173 000	−17 000	35 000	37 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 040 000	274 000	159 000	675 000
Total Current Assets	1 462 000	788 000	432 000	729 000
Total Assets	1 462 000	788 000	432 000	729 000
Total Equity	335 000	161 000	179 000	143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	29 000	0
Creditors	957 000	625 000	172 000	440 000
Unpaid Taxes	79 000	−2 000	38 000	138 000
Dividends	0	0	0	0
Other Current Debt	59 000	4 000	3 000	13 000
Total Current Debt	1 127 000	627 000	224 000	586 000
Total Equity and Debt	1 462 000	788 000	432 000	729 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,64 %	−10,56 %	19,55 %	25,87 %
Debt-to-Equity Ratio	0	0	0,16	0
Operating Profit Margin	13,53 %	−2,2 %	12,15 %	5,32 %
Current Ratio	1,3	1,26	1,93	1,24
Quick Ratio	1,3	1,26	1,93	1,24
Equity Ratio	0,23	0,2	0,41	0,2
Gross Profit Margin	15,34 %	5,31 %	23,04 %	18,46 %