SCANDINAVIAN VISION AS

1540 VESTBY

Finances

Share Ownership

Return on Equity

38,3 %

Current Ratio

1,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	248 000	389 000	0	0
Net Income	54 000	80 000	−3 000	−7 000
Total Assets	292 000	580 000	12 000	11 000
Total Equity	141 000	88 000	8 000	11 000

Income (NOK)	2022	2021	2020	2019
Revenue	248 000	389 000	0	0
Expenditure	158 000	287 000	4 000	13 000
Operating Profit	90 000	102 000	−4 000	−13 000
Financial Income	0	0	0	0
Financial Costs	21 000	0	0	0
Financial Balance	−21 000	0	0	0
Earnings Before Tax	69 000	102 000	−3 000	−13 000
Tax	15 000	22 000	−1 000	−5 000
Net Income	54 000	80 000	−3 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	30 000	7 000	6 000
Total Current Assets	262 000	550 000	4 000	4 000
Total Assets	292 000	580 000	12 000	11 000
Total Retained Equity	111 000	58 000	−22 000	−19 000
Total Equity	141 000	88 000	8 000	11 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	151 000	492 000	4 000	0
Total Equity and Debt	292 000	580 000	12 000	11 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	248 000	389 000	0	0
Other Income	0	0	0	0
Revenue	248 000	389 000	0	0
Cost of Goods Sold	113 000	266 000	0	0
Salary Costs	15 000	15 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	158 000	287 000	4 000	13 000
Operating Profit	90 000	102 000	−4 000	−13 000
Financial Income	0	0	0	0
Financial Costs	21 000	0	0	0
Financial Balance	−21 000	0	0	0
Dividends	0	0	0	0
Net Income	54 000	80 000	−3 000	−7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	6 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	30 000	0	0
Total Tangible Assets	30 000	30 000	0	0
Total Fiancial Fixed Assets	0	0	1 000	1 000
Total Fixed Assets	30 000	30 000	7 000	6 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	185 000	212 000	4 000	4 000
Total Current Assets	262 000	550 000	4 000	4 000
Total Assets	292 000	580 000	12 000	11 000
Total Equity	141 000	88 000	8 000	11 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	314 000	0	0
Unpaid Taxes	32 000	55 000	0	0
Dividends	0	0	0	0
Other Current Debt	104 000	107 000	4 000	0
Total Current Debt	151 000	492 000	4 000	0
Total Equity and Debt	292 000	580 000	12 000	11 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,3 %	90,91 %	−37,5 %	−63,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	36,29 %	26,22 %	-	-
Current Ratio	1,74	1,12	1	-
Quick Ratio	1,74	1,12	1	-
Equity Ratio	0,48	0,15	0,67	1
Gross Profit Margin	54,44 %	31,62 %	-	-