SCANDIC PLASTIC AS

4022 STAVANGER

Finances

Share Ownership

Return on Equity

20,78 %

Current Ratio

1,41

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	957 000	293 000	63 000
Net Income	48 000	162 000	−10 000
Total Assets	668 000	313 000	77 000
Total Equity	231 000	182 000	20 000

Income (NOK)	2022	2021	2020
Revenue	957 000	293 000	63 000
Expenditure	946 000	85 000	78 000
Operating Profit	11 000	208 000	−15 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	10 000	208 000	−15 000
Tax	−38 000	46 000	−4 000
Net Income	48 000	162 000	−10 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	55 000	80 000	4 000
Total Current Assets	613 000	233 000	73 000
Total Assets	668 000	313 000	77 000
Total Retained Equity	201 000	152 000	−10 000
Total Equity	231 000	182 000	20 000
Total Long-Term Debt	3 000	1 000	0
Total Current Debt	435 000	130 000	58 000
Total Equity and Debt	668 000	313 000	77 000

Cash flow (NOK)	2022	2021	2020
Sales Income	957 000	293 000	63 000
Other Income	0	0	0
Revenue	957 000	293 000	63 000
Cost of Goods Sold	315 000	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	946 000	85 000	78 000
Operating Profit	11 000	208 000	−15 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	48 000	162 000	−10 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	4 000
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	55 000	80 000	0
Total Fixed Assets	55 000	80 000	4 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 000	13 000	10 000
Total Current Assets	613 000	233 000	73 000
Total Assets	668 000	313 000	77 000
Total Equity	231 000	182 000	20 000
Short-Term Group Debt	262 000	35 000	36 000
Total Long-Term Debt	3 000	1 000	0
Creditors	206 000	54 000	22 000
Unpaid Taxes	6 000	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	435 000	130 000	58 000
Total Equity and Debt	668 000	313 000	77 000

Financial indicators	2022	2021	2020
Return on Equity	20,78 %	89,01 %	−50 %
Debt-to-Equity Ratio	0,01	0,01	0
Operating Profit Margin	1,15 %	70,99 %	−23,81 %
Current Ratio	1,41	1,79	1,26
Quick Ratio	1,41	1,79	1,26
Equity Ratio	0,35	0,58	0,26
Gross Profit Margin	67,08 %	100 %	100 %