SCANDINAVIAN MANAGEMENT AS

1397 NESØYA

Finances

Return on Equity

37,46 %

Current Ratio

140,67

Debt-to-Equity Ratio

6,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	336 000	208 000	144 000	91 000
Total Assets	6 330 000	6 014 000	5 822 000	5 627 000
Total Equity	897 000	561 000	353 000	209 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	21 000	18 000	35 000	57 000
Operating Profit	−21 000	−18 000	−35 000	−56 000
Financial Income	356 000	226 000	231 000	225 000
Financial Costs	0	0	51 000	78 000
Financial Balance	356 000	226 000	180 000	147 000
Earnings Before Tax	336 000	208 000	144 000	91 000
Tax	0	0	0	0
Net Income	336 000	208 000	144 000	91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	6 330 000	6 014 000	5 822 000	5 627 000
Total Assets	6 330 000	6 014 000	5 822 000	5 627 000
Total Retained Equity	797 000	461 000	253 000	109 000
Total Equity	897 000	561 000	353 000	209 000
Total Long-Term Debt	5 388 000	5 408 000	5 423 000	5 373 000
Total Current Debt	45 000	45 000	45 000	45 000
Total Equity and Debt	6 330 000	6 014 000	5 822 000	5 627 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	1 000
Depreciation	0	0	0	5 000
Impairment	0	0	0	0
Expenditure	21 000	18 000	35 000	57 000
Operating Profit	−21 000	−18 000	−35 000	−56 000
Financial Income	356 000	226 000	231 000	225 000
Financial Costs	0	0	51 000	78 000
Financial Balance	356 000	226 000	180 000	147 000
Dividends	0	0	0	0
Net Income	336 000	208 000	144 000	91 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	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	0	0
Stock	0	0	0	0
Total Investments	4 845 000	4 512 000	4 300 000	4 300 000
Cash, Bank	1 485 000	1 502 000	1 522 000	1 327 000
Total Current Assets	6 330 000	6 014 000	5 822 000	5 627 000
Total Assets	6 330 000	6 014 000	5 822 000	5 627 000
Total Equity	897 000	561 000	353 000	209 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 388 000	5 408 000	5 423 000	5 373 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	45 000	45 000	45 000	45 000
Total Current Debt	45 000	45 000	45 000	45 000
Total Equity and Debt	6 330 000	6 014 000	5 822 000	5 627 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,46 %	37,08 %	40,79 %	43,54 %
Debt-to-Equity Ratio	6,01	9,64	15,36	25,71
Operating Profit Margin	-	-	-	-
Current Ratio	140,67	133,64	129,38	125,04
Quick Ratio	140,67	133,64	129,38	125,04
Equity Ratio	0,14	0,09	0,06	0,04
Gross Profit Margin	-	-	-	-