SCANDINAVIAN RAIL SYSTEM AS

2217 HOKKÅSEN

Finances

Share Ownership

Return on Equity

76,49 %

Current Ratio

1,1

Debt-to-Equity Ratio

1,52

Key figures (NOK)	2022	2021	2020
Revenue	13 735 000	7 703 000	7 743 000
Net Income	2 164 000	848 000	1 272 000
Total Assets	10 294 000	11 562 000	12 784 000
Total Equity	2 829 000	1 690 000	842 000

Income (NOK)	2022	2021	2020
Revenue	13 735 000	7 703 000	7 743 000
Expenditure	10 591 000	6 178 000	5 551 000
Operating Profit	3 144 000	1 525 000	2 192 000
Financial Income	0	5 000	1 000
Financial Costs	362 000	443 000	557 000
Financial Balance	−362 000	−438 000	−556 000
Earnings Before Tax	2 781 000	1 087 000	1 635 000
Tax	617 000	239 000	363 000
Net Income	2 164 000	848 000	1 272 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	6 820 000	7 417 000	8 206 000
Total Current Assets	3 474 000	4 144 000	4 577 000
Total Assets	10 294 000	11 562 000	12 784 000
Total Retained Equity	2 779 000	1 640 000	792 000
Total Equity	2 829 000	1 690 000	842 000
Total Long-Term Debt	4 305 000	8 797 000	11 029 000
Total Current Debt	3 159 000	1 074 000	913 000
Total Equity and Debt	10 294 000	11 562 000	12 784 000

Cash flow (NOK)	2022	2021	2020
Sales Income	13 717 000	8 093 000	6 555 000
Other Income	17 000	−390 000	1 188 000
Revenue	13 735 000	7 703 000	7 743 000
Cost of Goods Sold	2 479 000	903 000	938 000
Salary Costs	2 800 000	2 312 000	1 620 000
Depreciation	1 253 000	1 178 000	1 415 000
Impairment	0	0	0
Expenditure	10 591 000	6 178 000	5 551 000
Operating Profit	3 144 000	1 525 000	2 192 000
Financial Income	0	5 000	1 000
Financial Costs	362 000	443 000	557 000
Financial Balance	−362 000	−438 000	−556 000
Dividends	0	0	0
Net Income	2 164 000	848 000	1 272 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	6 506 000	7 328 000	7 916 000
Fixtures	68 000	89 000	290 000
Total Tangible Assets	6 574 000	7 417 000	8 206 000
Total Fiancial Fixed Assets	246 000	0	0
Total Fixed Assets	6 820 000	7 417 000	8 206 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	2 860 000	2 839 000	3 146 000
Total Current Assets	3 474 000	4 144 000	4 577 000
Total Assets	10 294 000	11 562 000	12 784 000
Total Equity	2 829 000	1 690 000	842 000
Short-Term Group Debt	1 502 000	200 000	196 000
Total Long-Term Debt	4 305 000	8 797 000	11 029 000
Creditors	716 000	85 000	325 000
Unpaid Taxes	438 000	585 000	230 000
Dividends	0	0	0
Other Current Debt	238 000	205 000	163 000
Total Current Debt	3 159 000	1 074 000	913 000
Total Equity and Debt	10 294 000	11 562 000	12 784 000

Financial indicators	2022	2021	2020
Return on Equity	76,49 %	50,18 %	151,07 %
Debt-to-Equity Ratio	1,52	5,21	13,1
Operating Profit Margin	22,89 %	19,8 %	28,31 %
Current Ratio	1,1	3,86	5,01
Quick Ratio	1,1	3,86	5,01
Equity Ratio	0,27	0,15	0,07
Gross Profit Margin	81,95 %	88,28 %	87,89 %