SCANDIC OFFICE AS

1069 OSLO

Finances

Share Ownership

Return on Equity

75,73 %

Current Ratio

2,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	635 000	435 000	473 000
Net Income	390 000	−134 000	88 000
Total Assets	649 000	67 000	344 000
Total Equity	515 000	−65 000	108 000

Income (NOK)	2022	2021	2020
Revenue	635 000	435 000	473 000
Expenditure	183 000	606 000	356 000
Operating Profit	452 000	−172 000	117 000
Financial Income	0	0	−5 000
Financial Costs	0	0	0
Financial Balance	0	0	−5 000
Earnings Before Tax	451 000	−172 000	112 000
Tax	62 000	−38 000	24 000
Net Income	390 000	−134 000	88 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	40 000	0	0
Total Current Assets	610 000	67 000	344 000
Total Assets	649 000	67 000	344 000
Total Retained Equity	491 000	−90 000	84 000
Total Equity	515 000	−65 000	108 000
Total Long-Term Debt	0	−40 000	0
Total Current Debt	304 000	172 000	235 000
Total Equity and Debt	819 000	67 000	344 000

Cash flow (NOK)	2022	2021	2020
Sales Income	635 000	435 000	473 000
Other Income	0	0	0
Revenue	635 000	435 000	473 000
Cost of Goods Sold	0	0	0
Salary Costs	134 000	440 000	286 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	183 000	606 000	356 000
Operating Profit	452 000	−172 000	117 000
Financial Income	0	0	−5 000
Financial Costs	0	0	0
Financial Balance	0	0	−5 000
Dividends	0	0	0
Net Income	390 000	−134 000	88 000

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	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	40 000	0	0
Total Fixed Assets	40 000	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	554 000	66 000	344 000
Total Current Assets	610 000	67 000	344 000
Total Assets	649 000	67 000	344 000
Total Equity	515 000	−65 000	108 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	−40 000	0
Creditors	2 000	0	0
Unpaid Taxes	168 000	87 000	212 000
Dividends	0	0	0
Other Current Debt	60 000	86 000	0
Total Current Debt	304 000	172 000	235 000
Total Equity and Debt	819 000	67 000	344 000

Financial indicators	2022	2021	2020
Return on Equity	75,73 %	206,15 %	81,48 %
Debt-to-Equity Ratio	0	0,62	0
Operating Profit Margin	71,18 %	−39,54 %	24,74 %
Current Ratio	2,01	0,39	1,46
Quick Ratio	2,01	0,39	1,46
Equity Ratio	0,79	−0,97	0,31
Gross Profit Margin	100 %	100 %	100 %