SCANDIC FIBER AS

2030 NANNESTAD

Finances

Share Ownership

Return on Equity

97,39 %

Current Ratio

1,12

Debt-to-Equity Ratio

2,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 837 000	2 743 000	2 362 000	1 433 000
Net Income	112 000	−65 000	55 000	−14 000
Total Assets	957 000	1 754 000	919 000	582 000
Total Equity	115 000	2 000	67 000	12 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 837 000	2 743 000	2 362 000	1 433 000
Expenditure	2 641 000	2 787 000	2 259 000	1 434 000
Operating Profit	195 000	−43 000	103 000	−2 000
Financial Income	8 000	5 000	3 000	0
Financial Costs	57 000	45 000	34 000	16 000
Financial Balance	−49 000	−40 000	−31 000	−16 000
Earnings Before Tax	146 000	−83 000	72 000	−18 000
Tax	33 000	−19 000	17 000	−4 000
Net Income	112 000	−65 000	55 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	272 000	969 000	415 000	180 000
Total Current Assets	685 000	785 000	505 000	402 000
Total Assets	957 000	1 754 000	919 000	582 000
Total Retained Equity	90 000	−22 000	43 000	−13 000
Total Equity	115 000	2 000	67 000	12 000
Total Long-Term Debt	234 000	921 000	383 000	169 000
Total Current Debt	609 000	830 000	469 000	402 000
Total Equity and Debt	957 000	1 754 000	919 000	582 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 783 000	2 743 000	2 361 000	1 433 000
Other Income	53 000	0	2 000	0
Revenue	2 837 000	2 743 000	2 362 000	1 433 000
Cost of Goods Sold	105 000	146 000	151 000	214 000
Salary Costs	1 914 000	2 008 000	1 563 000	912 000
Depreciation	119 000	108 000	84 000	25 000
Impairment	0	0	0	0
Expenditure	2 641 000	2 787 000	2 259 000	1 434 000
Operating Profit	195 000	−43 000	103 000	−2 000
Financial Income	8 000	5 000	3 000	0
Financial Costs	57 000	45 000	34 000	16 000
Financial Balance	−49 000	−40 000	−31 000	−16 000
Dividends	0	0	0	0
Net Income	112 000	−65 000	55 000	−14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	7 000	0	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	27 000	38 000	49 000	0
Fixtures	245 000	924 000	366 000	175 000
Total Tangible Assets	272 000	962 000	415 000	175 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	272 000	969 000	415 000	180 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	130 000	36 000	217 000	1 000
Total Current Assets	685 000	785 000	505 000	402 000
Total Assets	957 000	1 754 000	919 000	582 000
Total Equity	115 000	2 000	67 000	12 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	234 000	921 000	383 000	169 000
Creditors	33 000	46 000	12 000	45 000
Unpaid Taxes	318 000	440 000	280 000	230 000
Dividends	0	0	0	0
Other Current Debt	257 000	344 000	178 000	126 000
Total Current Debt	609 000	830 000	469 000	402 000
Total Equity and Debt	957 000	1 754 000	919 000	582 000

Financial indicators	2022	2021	2020	2019
Return on Equity	97,39 %	−3 250 %	82,09 %	−116,67 %
Debt-to-Equity Ratio	2,03	460,5	5,72	14,08
Operating Profit Margin	6,87 %	−1,57 %	4,36 %	−0,14 %
Current Ratio	1,12	0,95	1,08	1
Quick Ratio	1,12	0,95	1,08	1
Equity Ratio	0,12	0	0,07	0,02
Gross Profit Margin	96,3 %	94,68 %	93,61 %	85,07 %