SCANDIC EXPRESS AS

1930 AURSKOG

Finances

Share Ownership

Return on Equity

175,68 %

Current Ratio

0,29

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 050 000	1 013 000	550 000	539 000
Net Income	−130 000	245 000	−106 000	−116 000
Total Assets	407 000	581 000	124 000	175 000
Total Equity	−74 000	57 000	−188 000	−82 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 050 000	1 013 000	550 000	539 000
Expenditure	1 214 000	696 000	651 000	649 000
Operating Profit	−165 000	316 000	−100 000	−109 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	5 000	8 000
Financial Balance	−1 000	−1 000	−5 000	−8 000
Earnings Before Tax	−166 000	315 000	−106 000	−116 000
Tax	−36 000	70 000	0	0
Net Income	−130 000	245 000	−106 000	−116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	266 000	236 000	111 000	151 000
Total Current Assets	140 000	345 000	13 000	23 000
Total Assets	407 000	581 000	124 000	175 000
Total Retained Equity	−104 000	27 000	−218 000	−112 000
Total Equity	−74 000	57 000	−188 000	−82 000
Total Long-Term Debt	0	1 000	−22 000	−6 000
Total Current Debt	481 000	523 000	335 000	263 000
Total Equity and Debt	407 000	581 000	124 000	175 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 048 000	1 012 000	550 000	539 000
Other Income	1 000	1 000	0	0
Revenue	1 050 000	1 013 000	550 000	539 000
Cost of Goods Sold	4 000	4 000	0	4 000
Salary Costs	696 000	270 000	307 000	412 000
Depreciation	16 000	22 000	40 000	17 000
Impairment	0	0	0	0
Expenditure	1 214 000	696 000	651 000	649 000
Operating Profit	−165 000	316 000	−100 000	−109 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	5 000	8 000
Financial Balance	−1 000	−1 000	−5 000	−8 000
Dividends	0	0	0	0
Net Income	−130 000	245 000	−106 000	−116 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	27 000	89 000	111 000	151 000
Total Tangible Assets	27 000	89 000	111 000	151 000
Total Fiancial Fixed Assets	205 000	147 000	0	0
Total Fixed Assets	266 000	236 000	111 000	151 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	63 000	275 000	28 000	1 000
Total Current Assets	140 000	345 000	13 000	23 000
Total Assets	407 000	581 000	124 000	175 000
Total Equity	−74 000	57 000	−188 000	−82 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	−22 000	−6 000
Creditors	21 000	4 000	−11 000	−22 000
Unpaid Taxes	69 000	51 000	59 000	118 000
Dividends	0	0	0	0
Other Current Debt	391 000	399 000	288 000	169 000
Total Current Debt	481 000	523 000	335 000	263 000
Total Equity and Debt	407 000	581 000	124 000	175 000

Financial indicators	2022	2021	2020	2019
Return on Equity	175,68 %	429,82 %	56,38 %	141,46 %
Debt-to-Equity Ratio	−0	0,02	0,12	0,07
Operating Profit Margin	−15,71 %	31,19 %	−18,18 %	−20,22 %
Current Ratio	0,29	0,66	0,04	0,09
Quick Ratio	0,29	0,66	0,04	0,09
Equity Ratio	−0,18	0,1	−1,52	−0,47
Gross Profit Margin	99,62 %	99,61 %	100 %	99,26 %