SCANDIC CLOUD SOLUTIONS AS

2030 NANNESTAD

Finances

Return on Equity

5,98 %

Current Ratio

1,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 880 000	2 195 000	2 095 000	1 499 000
Net Income	22 000	−56 000	692 000	384 000
Total Assets	762 000	1 148 000	1 240 000	603 000
Total Equity	368 000	1 014 000	883 000	391 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 880 000	2 195 000	2 095 000	1 499 000
Expenditure	1 758 000	2 283 000	1 252 000	1 042 000
Operating Profit	123 000	−87 000	843 000	458 000
Financial Income	23 000	170 000	110 000	10 000
Financial Costs	124 000	139 000	81 000	17 000
Financial Balance	−101 000	31 000	29 000	−7 000
Earnings Before Tax	22 000	−56 000	872 000	451 000
Tax	0	0	180 000	67 000
Net Income	22 000	−56 000	692 000	384 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	21 000	21 000	28 000
Total Current Assets	737 000	1 127 000	1 219 000	575 000
Total Assets	762 000	1 148 000	1 240 000	603 000
Total Retained Equity	338 000	984 000	853 000	361 000
Total Equity	368 000	1 014 000	883 000	391 000
Total Long-Term Debt	0	0	23 000	0
Total Current Debt	395 000	134 000	335 000	213 000
Total Equity and Debt	762 000	1 148 000	1 240 000	603 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 880 000	2 195 000	2 095 000	1 499 000
Other Income	0	0	0	0
Revenue	1 880 000	2 195 000	2 095 000	1 499 000
Cost of Goods Sold	155 000	574 000	186 000	226 000
Salary Costs	960 000	940 000	719 000	429 000
Depreciation	9 000	7 000	7 000	7 000
Impairment	0	0	0	0
Expenditure	1 758 000	2 283 000	1 252 000	1 042 000
Operating Profit	123 000	−87 000	843 000	458 000
Financial Income	23 000	170 000	110 000	10 000
Financial Costs	124 000	139 000	81 000	17 000
Financial Balance	−101 000	31 000	29 000	−7 000
Dividends	80 000	0	200 000	0
Net Income	22 000	−56 000	692 000	384 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	21 000	21 000	28 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	0	0	0
Total Tangible Assets	18 000	0	0	0
Total Fiancial Fixed Assets	1 000	0	0	0
Total Fixed Assets	26 000	21 000	21 000	28 000
Stock	23 000	66 000	93 000	100 000
Total Investments	607 000	694 000	212 000	0
Cash, Bank	107 000	192 000	728 000	327 000
Total Current Assets	737 000	1 127 000	1 219 000	575 000
Total Assets	762 000	1 148 000	1 240 000	603 000
Total Equity	368 000	1 014 000	883 000	391 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	23 000	0
Creditors	147 000	350 000	34 000	34 000
Unpaid Taxes	30 000	−78 000	53 000	48 000
Dividends	80 000	0	200 000	0
Other Current Debt	218 000	−138 000	68 000	63 000
Total Current Debt	395 000	134 000	335 000	213 000
Total Equity and Debt	762 000	1 148 000	1 240 000	603 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,98 %	−5,52 %	78,37 %	98,21 %
Debt-to-Equity Ratio	0	0	0,03	0
Operating Profit Margin	6,54 %	−3,96 %	40,24 %	30,55 %
Current Ratio	1,87	8,41	3,64	2,7
Quick Ratio	1,98	16,57	5,04	5,09
Equity Ratio	0,48	0,88	0,71	0,65
Gross Profit Margin	91,76 %	73,85 %	91,12 %	84,92 %