SKANDESIGN AS

3414 LIERSTRANDA

Finances

Share Ownership

Return on Equity

5 %

Current Ratio

1,13

Debt-to-Equity Ratio

4,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 311 000	3 301 000	2 601 000	1 816 000
Net Income	3 000	6 000	4 000	7 000
Total Assets	1 126 000	774 000	751 000	715 000
Total Equity	60 000	57 000	51 000	47 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 311 000	3 301 000	2 601 000	1 816 000
Expenditure	3 264 000	3 279 000	2 573 000	1 796 000
Operating Profit	46 000	21 000	28 000	21 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	43 000	15 000	24 000	11 000
Financial Balance	−42 000	−14 000	−23 000	−11 000
Earnings Before Tax	4 000	7 000	5 000	10 000
Tax	1 000	2 000	1 000	3 000
Net Income	3 000	6 000	4 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	249 000	43 000	70 000	62 000
Total Current Assets	877 000	731 000	681 000	653 000
Total Assets	1 126 000	774 000	751 000	715 000
Total Retained Equity	19 000	16 000	10 000	7 000
Total Equity	60 000	57 000	51 000	47 000
Total Long-Term Debt	293 000	117 000	157 000	197 000
Total Current Debt	773 000	601 000	544 000	471 000
Total Equity and Debt	1 126 000	774 000	751 000	715 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 298 000	3 264 000	2 558 000	1 816 000
Other Income	13 000	37 000	43 000	0
Revenue	3 311 000	3 301 000	2 601 000	1 816 000
Cost of Goods Sold	1 351 000	1 158 000	1 063 000	705 000
Salary Costs	1 185 000	1 268 000	741 000	458 000
Depreciation	23 000	30 000	27 000	19 000
Impairment	0	0	0	0
Expenditure	3 264 000	3 279 000	2 573 000	1 796 000
Operating Profit	46 000	21 000	28 000	21 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	43 000	15 000	24 000	11 000
Financial Balance	−42 000	−14 000	−23 000	−11 000
Dividends	0	0	0	0
Net Income	3 000	6 000	4 000	7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	3 000	0	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	28 000	40 000	65 000	50 000
Fixtures	218 000	0	5 000	11 000
Total Tangible Assets	247 000	40 000	70 000	61 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	249 000	43 000	70 000	62 000
Stock	432 000	375 000	193 000	235 000
Total Investments	0	0	0	0
Cash, Bank	217 000	177 000	191 000	226 000
Total Current Assets	877 000	731 000	681 000	653 000
Total Assets	1 126 000	774 000	751 000	715 000
Total Equity	60 000	57 000	51 000	47 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	293 000	117 000	157 000	197 000
Creditors	360 000	128 000	111 000	259 000
Unpaid Taxes	135 000	152 000	132 000	57 000
Dividends	0	0	0	0
Other Current Debt	279 000	316 000	301 000	151 000
Total Current Debt	773 000	601 000	544 000	471 000
Total Equity and Debt	1 126 000	774 000	751 000	715 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5 %	10,53 %	7,84 %	14,89 %
Debt-to-Equity Ratio	4,88	2,05	3,08	4,19
Operating Profit Margin	1,39 %	0,64 %	1,08 %	1,16 %
Current Ratio	1,13	1,22	1,25	1,39
Quick Ratio	2,57	3,23	1,94	2,77
Equity Ratio	0,05	0,07	0,07	0,07
Gross Profit Margin	59,2 %	64,92 %	59,13 %	61,18 %