SCANDICTECH AS

4051 SOLA

Finances

Share Ownership

Return on Equity

103,07 %

Current Ratio

1,43

Debt-to-Equity Ratio

−3,48

Key figures (NOK)	2021	2020	2019	2018
Revenue	10 127 000	10 752 000	3 311 000	3 910 000
Net Income	−336 000	195 000	12 000	−298 000
Total Assets	2 160 000	1 194 000	2 234 000	2 460 000
Total Equity	−326 000	9 000	−185 000	−197 000

Income (NOK)	2021	2020	2019	2018
Revenue	10 127 000	10 752 000	3 311 000	3 910 000
Expenditure	10 526 000	10 388 000	3 292 000	4 284 000
Operating Profit	−399 000	365 000	19 000	−373 000
Financial Income	6 000	30 000	41 000	12 000
Financial Costs	38 000	145 000	43 000	20 000
Financial Balance	−32 000	−115 000	−2 000	−8 000
Earnings Before Tax	−430 000	250 000	17 000	−381 000
Tax	−95 000	55 000	5 000	−83 000
Net Income	−336 000	195 000	12 000	−298 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	223 000	23 000	78 000	83 000
Total Current Assets	1 937 000	1 171 000	2 156 000	2 377 000
Total Assets	2 160 000	1 194 000	2 234 000	2 460 000
Total Retained Equity	−350 000	−14 000	−209 000	−221 000
Total Equity	−326 000	9 000	−185 000	−197 000
Total Long-Term Debt	1 133 000	1 133 000	1 765 000	2 377 000
Total Current Debt	1 354 000	52 000	654 000	281 000
Total Equity and Debt	2 160 000	1 194 000	2 234 000	2 460 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	10 127 000	10 752 000	3 311 000	3 910 000
Other Income	0	0	0	0
Revenue	10 127 000	10 752 000	3 311 000	3 910 000
Cost of Goods Sold	9 268 000	9 780 000	2 978 000	4 015 000
Salary Costs	152 000	0	−7 000	74 000
Depreciation	7 000	0	0	0
Impairment	0	0	0	0
Expenditure	10 526 000	10 388 000	3 292 000	4 284 000
Operating Profit	−399 000	365 000	19 000	−373 000
Financial Income	6 000	30 000	41 000	12 000
Financial Costs	38 000	145 000	43 000	20 000
Financial Balance	−32 000	−115 000	−2 000	−8 000
Dividends	0	0	0	0
Net Income	−336 000	195 000	12 000	−298 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	117 000	23 000	78 000	83 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	36 000	0	0	0
Total Tangible Assets	36 000	0	0	0
Total Fiancial Fixed Assets	69 000	0	0	0
Total Fixed Assets	223 000	23 000	78 000	83 000
Stock	396 000	305 000	580 000	427 000
Total Investments	0	0	0	0
Cash, Bank	220 000	49 000	11 000	17 000
Total Current Assets	1 937 000	1 171 000	2 156 000	2 377 000
Total Assets	2 160 000	1 194 000	2 234 000	2 460 000
Total Equity	−326 000	9 000	−185 000	−197 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 133 000	1 133 000	1 765 000	2 377 000
Creditors	1 457 000	431 000	666 000	204 000
Unpaid Taxes	−140 000	−544 000	0	−9 000
Dividends	0	0	0	0
Other Current Debt	37 000	164 000	0	86 000
Total Current Debt	1 354 000	52 000	654 000	281 000
Total Equity and Debt	2 160 000	1 194 000	2 234 000	2 460 000

Financial indicators	2021	2020	2019	2018
Return on Equity	103,07 %	2 166,67 %	−6,49 %	151,27 %
Debt-to-Equity Ratio	−3,48	125,89	−9,54	−12,07
Operating Profit Margin	−3,94 %	3,39 %	0,57 %	−9,54 %
Current Ratio	1,43	22,52	3,3	8,46
Quick Ratio	2,02	−4,63	29,14	−16,28
Equity Ratio	−0,15	0,01	−0,08	−0,08
Gross Profit Margin	8,48 %	9,04 %	10,06 %	−2,69 %