SCANDINAVIAN HARBOUR SERVICE AS

3264 LARVIK

Finances

Share Ownership

Return on Equity

835,21 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 720 000	10 697 000	11 665 000	30 914 000
Net Income	2 823 000	813 000	372 000	411 000
Total Assets	8 162 000	2 523 000	922 000	2 790 000
Total Equity	338 000	338 000	317 000	338 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 720 000	10 697 000	11 665 000	30 914 000
Expenditure	28 142 000	9 654 000	11 189 000	30 400 000
Operating Profit	3 578 000	1 043 000	475 000	514 000
Financial Income	42 000	0	2 000	15 000
Financial Costs	0	1 000	1 000	2 000
Financial Balance	42 000	−1 000	1 000	13 000
Earnings Before Tax	3 619 000	1 043 000	477 000	527 000
Tax	796 000	229 000	105 000	116 000
Net Income	2 823 000	813 000	372 000	411 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	6 000	0
Total Current Assets	8 162 000	2 523 000	916 000	2 790 000
Total Assets	8 162 000	2 523 000	922 000	2 790 000
Total Retained Equity	238 000	238 000	217 000	238 000
Total Equity	338 000	338 000	317 000	338 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 824 000	2 185 000	605 000	2 452 000
Total Equity and Debt	8 162 000	2 523 000	922 000	2 790 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 720 000	10 697 000	11 665 000	30 914 000
Other Income	0	0	0	0
Revenue	31 720 000	10 697 000	11 665 000	30 914 000
Cost of Goods Sold	27 668 000	9 004 000	10 657 000	29 309 000
Salary Costs	0	169 000	0	711 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	28 142 000	9 654 000	11 189 000	30 400 000
Operating Profit	3 578 000	1 043 000	475 000	514 000
Financial Income	42 000	0	2 000	15 000
Financial Costs	0	1 000	1 000	2 000
Financial Balance	42 000	−1 000	1 000	13 000
Dividends	0	0	0	0
Net Income	2 823 000	813 000	372 000	411 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	6 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	6 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 132 000	2 523 000	887 000	2 727 000
Total Current Assets	8 162 000	2 523 000	916 000	2 790 000
Total Assets	8 162 000	2 523 000	922 000	2 790 000
Total Equity	338 000	338 000	317 000	338 000
Short-Term Group Debt	3 620 000	1 515 000	505 000	527 000
Total Long-Term Debt	0	0	0	0
Creditors	2 425 000	56 000	64 000	1 866 000
Unpaid Taxes	1 690 000	565 000	0	32 000
Dividends	0	0	0	0
Other Current Debt	89 000	50 000	36 000	27 000
Total Current Debt	7 824 000	2 185 000	605 000	2 452 000
Total Equity and Debt	8 162 000	2 523 000	922 000	2 790 000

Financial indicators	2022	2021	2020	2019
Return on Equity	835,21 %	240,53 %	117,35 %	121,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,28 %	9,75 %	4,07 %	1,66 %
Current Ratio	1,04	1,15	1,51	1,14
Quick Ratio	1,04	1,15	1,51	1,14
Equity Ratio	0,04	0,13	0,34	0,12
Gross Profit Margin	12,77 %	15,83 %	8,64 %	5,19 %