SCANDINAVIEGAARDEN AS

1363 HØVIK

Finances

Return on Equity

−4,63 %

Current Ratio

1,82

Debt-to-Equity Ratio

2,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 303 000	6 598 000	8 275 000	12 318 000
Net Income	−11 322 000	6 453 000	344 804 000	5 630 000
Total Assets	764 217 000	544 276 000	609 716 000	417 275 000
Total Equity	244 517 000	273 839 000	290 386 000	6 582 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 303 000	6 598 000	8 275 000	12 318 000
Expenditure	6 659 000	6 008 000	11 324 000	11 229 000
Operating Profit	−356 000	590 000	−3 049 000	1 088 000
Financial Income	17 626 000	15 674 000	361 466 000	4 672 000
Financial Costs	27 646 000	7 751 000	12 657 000	11 693 000
Financial Balance	−10 020 000	7 923 000	348 809 000	−7 021 000
Earnings Before Tax	−10 376 000	8 514 000	345 759 000	−5 933 000
Tax	946 000	2 061 000	955 000	−11 564 000
Net Income	−11 322 000	6 453 000	344 804 000	5 630 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	743 857 000	530 438 000	288 861 000	398 427 000
Total Current Assets	20 360 000	13 839 000	320 855 000	18 848 000
Total Assets	764 217 000	544 276 000	609 716 000	417 275 000
Total Retained Equity	243 565 000	272 887 000	289 434 000	5 630 000
Total Equity	244 517 000	273 839 000	290 386 000	6 582 000
Total Long-Term Debt	508 500 000	259 000 000	259 000 000	404 000 000
Total Current Debt	11 200 000	11 437 000	60 330 000	6 692 000
Total Equity and Debt	764 217 000	544 276 000	609 716 000	417 275 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	6 303 000	6 598 000	8 275 000	12 318 000
Revenue	6 303 000	6 598 000	8 275 000	12 318 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 722 000	3 963 000	5 496 000	6 584 000
Depreciation	165 000	263 000	332 000	354 000
Impairment	0	0	0	0
Expenditure	6 659 000	6 008 000	11 324 000	11 229 000
Operating Profit	−356 000	590 000	−3 049 000	1 088 000
Financial Income	17 626 000	15 674 000	361 466 000	4 672 000
Financial Costs	27 646 000	7 751 000	12 657 000	11 693 000
Financial Balance	−10 020 000	7 923 000	348 809 000	−7 021 000
Dividends	18 000 000	23 000 000	61 000 000	0
Net Income	−11 322 000	6 453 000	344 804 000	5 630 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 836 000	8 783 000	10 843 000	11 798 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	58 000	102 000	145 000	172 000
Fixtures	716 000	142 000	362 000	651 000
Total Tangible Assets	774 000	243 000	507 000	824 000
Total Fiancial Fixed Assets	735 247 000	521 412 000	277 512 000	385 804 000
Total Fixed Assets	743 857 000	530 438 000	288 861 000	398 427 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 253 000	2 896 000	309 007 000	9 552 000
Total Current Assets	20 360 000	13 839 000	320 855 000	18 848 000
Total Assets	764 217 000	544 276 000	609 716 000	417 275 000
Total Equity	244 517 000	273 839 000	290 386 000	6 582 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	508 500 000	259 000 000	259 000 000	404 000 000
Creditors	325 000	457 000	410 000	468 000
Unpaid Taxes	787 000	537 000	1 376 000	1 132 000
Dividends	18 000 000	23 000 000	61 000 000	0
Other Current Debt	4 088 000	2 444 000	3 544 000	5 093 000
Total Current Debt	11 200 000	11 437 000	60 330 000	6 692 000
Total Equity and Debt	764 217 000	544 276 000	609 716 000	417 275 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,63 %	2,36 %	118,74 %	85,54 %
Debt-to-Equity Ratio	2,08	0,95	0,89	61,38
Operating Profit Margin	−5,65 %	8,94 %	−36,85 %	8,83 %
Current Ratio	1,82	1,21	5,32	2,82
Quick Ratio	1,82	1,21	5,32	2,82
Equity Ratio	0,32	0,5	0,48	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %