SCANGLIDE AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

12,36 %

Current Ratio

0,16

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	34 000	85 000	382 000
Net Income	−54 000	−69 000	−65 000	−143 000
Total Assets	87 000	88 000	145 000	215 000
Total Equity	−437 000	−383 000	−669 000	−603 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	34 000	85 000	382 000
Expenditure	48 000	102 000	144 000	511 000
Operating Profit	−48 000	−68 000	−60 000	−129 000
Financial Income	0	0	1 000	0
Financial Costs	6 000	1 000	6 000	14 000
Financial Balance	−6 000	−1 000	−5 000	−14 000
Earnings Before Tax	−54 000	−69 000	−65 000	−143 000
Tax	0	0	0	0
Net Income	−54 000	−69 000	−65 000	−143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	9 000	16 000	22 000
Total Current Assets	84 000	79 000	130 000	192 000
Total Assets	87 000	88 000	145 000	215 000
Total Retained Equity	−809 000	−755 000	−686 000	−620 000
Total Equity	−437 000	−383 000	−669 000	−603 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	523 000	471 000	814 000	818 000
Total Equity and Debt	87 000	88 000	145 000	215 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	34 000	85 000	382 000
Other Income	0	0	0	0
Revenue	0	34 000	85 000	382 000
Cost of Goods Sold	0	0	2 000	101 000
Salary Costs	0	0	0	98 000
Depreciation	7 000	7 000	7 000	7 000
Impairment	0	0	0	0
Expenditure	48 000	102 000	144 000	511 000
Operating Profit	−48 000	−68 000	−60 000	−129 000
Financial Income	0	0	1 000	0
Financial Costs	6 000	1 000	6 000	14 000
Financial Balance	−6 000	−1 000	−5 000	−14 000
Dividends	0	0	0	0
Net Income	−54 000	−69 000	−65 000	−143 000

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	3 000	9 000	16 000	22 000
Total Tangible Assets	3 000	9 000	16 000	22 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 000	9 000	16 000	22 000
Stock	31 000	31 000	31 000	34 000
Total Investments	0	0	0	0
Cash, Bank	1 000	0	1 000	6 000
Total Current Assets	84 000	79 000	130 000	192 000
Total Assets	87 000	88 000	145 000	215 000
Total Equity	−437 000	−383 000	−669 000	−603 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	125 000	159 000	161 000	160 000
Unpaid Taxes	58 000	56 000	57 000	49 000
Dividends	0	0	0	0
Other Current Debt	340 000	256 000	595 000	610 000
Total Current Debt	523 000	471 000	814 000	818 000
Total Equity and Debt	87 000	88 000	145 000	215 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,36 %	18,02 %	9,72 %	23,71 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	-	−200 %	−70,59 %	−33,77 %
Current Ratio	0,16	0,17	0,16	0,23
Quick Ratio	0,17	0,18	0,17	0,24
Equity Ratio	−5,02	−4,35	−4,61	−2,8
Gross Profit Margin	-	100 %	97,65 %	73,56 %