SCANDIC CRANE SERVICE AS

1769 HALDEN

Finances

Share Ownership

Return on Equity

110,25 %

Current Ratio

0,25

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	960 000	537 000	449 000	230 000
Net Income	312 000	66 000	−29 000	−20 000
Total Assets	583 000	264 000	66 000	211 000
Total Equity	283 000	−29 000	−95 000	−65 000

Income (NOK)	2022	2021	2020	2019
Revenue	960 000	537 000	449 000	230 000
Expenditure	555 000	450 000	486 000	255 000
Operating Profit	404 000	88 000	−37 000	−25 000
Financial Income	0	0	0	0
Financial Costs	4 000	4 000	1 000	0
Financial Balance	−4 000	−4 000	−1 000	0
Earnings Before Tax	400 000	84 000	−38 000	−25 000
Tax	88 000	18 000	−8 000	−6 000
Net Income	312 000	66 000	−29 000	−20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	540 000	36 000	55 000	47 000
Total Current Assets	44 000	228 000	11 000	165 000
Total Assets	583 000	264 000	66 000	211 000
Total Retained Equity	183 000	−129 000	−195 000	−165 000
Total Equity	283 000	−29 000	−95 000	−65 000
Total Long-Term Debt	125 000	120 000	50 000	0
Total Current Debt	175 000	173 000	111 000	276 000
Total Equity and Debt	583 000	264 000	66 000	211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	928 000	537 000	449 000	207 000
Other Income	32 000	0	0	23 000
Revenue	960 000	537 000	449 000	230 000
Cost of Goods Sold	0	0	0	0
Salary Costs	58 000	200 000	138 000	73 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	555 000	450 000	486 000	255 000
Operating Profit	404 000	88 000	−37 000	−25 000
Financial Income	0	0	0	0
Financial Costs	4 000	4 000	1 000	0
Financial Balance	−4 000	−4 000	−1 000	0
Dividends	0	0	0	0
Net Income	312 000	66 000	−29 000	−20 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	36 000	55 000	47 000
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	540 000	0	0	0
Total Fixed Assets	540 000	36 000	55 000	47 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	81 000	9 000	165 000
Total Current Assets	44 000	228 000	11 000	165 000
Total Assets	583 000	264 000	66 000	211 000
Total Equity	283 000	−29 000	−95 000	−65 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	125 000	120 000	50 000	0
Creditors	69 000	12 000	33 000	155 000
Unpaid Taxes	7 000	52 000	6 000	71 000
Dividends	0	0	0	0
Other Current Debt	47 000	109 000	73 000	51 000
Total Current Debt	175 000	173 000	111 000	276 000
Total Equity and Debt	583 000	264 000	66 000	211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	110,25 %	−227,59 %	30,53 %	30,77 %
Debt-to-Equity Ratio	0,44	−4,14	−0,53	−0
Operating Profit Margin	42,08 %	16,39 %	−8,24 %	−10,87 %
Current Ratio	0,25	1,32	0,1	0,6
Quick Ratio	0,25	1,32	0,1	0,6
Equity Ratio	0,49	−0,11	−1,44	−0,31
Gross Profit Margin	100 %	100 %	100 %	100 %