SCANDIC TOOLS AS

3140 NØTTERØY

Finances

Share Ownership

Return on Equity

46,67 %

Current Ratio

0,54

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	547 000	261 000	222 000
Net Income	−126 000	−123 000	−45 000
Total Assets	430 000	305 000	218 000
Total Equity	−270 000	−144 000	−20 000

Income (NOK)	2022	2021	2020
Revenue	547 000	261 000	222 000
Expenditure	649 000	386 000	267 000
Operating Profit	−103 000	−124 000	−45 000
Financial Income	0	2 000	0
Financial Costs	23 000	1 000	0
Financial Balance	−23 000	1 000	0
Earnings Before Tax	−126 000	−123 000	−45 000
Tax	0	0	0
Net Income	−126 000	−123 000	−45 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	53 000	62 000	44 000
Total Current Assets	377 000	243 000	174 000
Total Assets	430 000	305 000	218 000
Total Retained Equity	−294 000	−168 000	−45 000
Total Equity	−270 000	−144 000	−20 000
Total Long-Term Debt	0	0	0
Total Current Debt	699 000	448 000	238 000
Total Equity and Debt	430 000	305 000	218 000

Cash flow (NOK)	2022	2021	2020
Sales Income	547 000	261 000	222 000
Other Income	0	0	0
Revenue	547 000	261 000	222 000
Cost of Goods Sold	214 000	159 000	99 000
Salary Costs	0	0	0
Depreciation	9 000	7 000	1 000
Impairment	0	0	0
Expenditure	649 000	386 000	267 000
Operating Profit	−103 000	−124 000	−45 000
Financial Income	0	2 000	0
Financial Costs	23 000	1 000	0
Financial Balance	−23 000	1 000	0
Dividends	0	0	0
Net Income	−126 000	−123 000	−45 000

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	53 000	62 000	44 000
Total Tangible Assets	53 000	62 000	44 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	53 000	62 000	44 000
Stock	324 000	164 000	121 000
Total Investments	0	0	0
Cash, Bank	16 000	47 000	32 000
Total Current Assets	377 000	243 000	174 000
Total Assets	430 000	305 000	218 000
Total Equity	−270 000	−144 000	−20 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	76 000	3 000	8 000
Unpaid Taxes	3 000	0	1 000
Dividends	0	0	0
Other Current Debt	521 000	446 000	230 000
Total Current Debt	699 000	448 000	238 000
Total Equity and Debt	430 000	305 000	218 000

Financial indicators	2022	2021	2020
Return on Equity	46,67 %	85,42 %	225 %
Debt-to-Equity Ratio	−0	−0	−0
Operating Profit Margin	−18,83 %	−47,51 %	−20,27 %
Current Ratio	0,54	0,54	0,73
Quick Ratio	1,01	0,86	1,49
Equity Ratio	−0,63	−0,47	−0,09
Gross Profit Margin	60,88 %	39,08 %	55,41 %