SCANDINAVIAN DESIGN GROUP AS

0166 OSLO

Finances

Share Ownership

Return on Equity

158,1 %

Current Ratio

0,55

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 874 000	42 577 000	39 320 000	63 707 000
Net Income	−1 513 000	−1 212 000	−6 276 000	512 000
Total Assets	6 765 000	11 962 000	17 465 000	21 572 000
Total Equity	−957 000	−1 153 000	59 000	6 335 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 874 000	42 577 000	39 320 000	63 707 000
Expenditure	30 905 000	44 181 000	45 445 000	62 906 000
Operating Profit	−1 030 000	−1 603 000	−6 125 000	801 000
Financial Income	35 000	6 000	220 000	135 000
Financial Costs	518 000	443 000	371 000	425 000
Financial Balance	−483 000	−437 000	−151 000	−290 000
Earnings Before Tax	−1 513 000	−2 041 000	−6 276 000	511 000
Tax	0	−829 000	0	−1 000
Net Income	−1 513 000	−1 212 000	−6 276 000	512 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 531 000	2 998 000	4 947 000	6 010 000
Total Current Assets	4 234 000	8 964 000	12 519 000	15 562 000
Total Assets	6 765 000	11 962 000	17 465 000	21 572 000
Total Retained Equity	−8 818 000	−6 976 000	−5 764 000	512 000
Total Equity	−957 000	−1 153 000	59 000	6 335 000
Total Long-Term Debt	0	0	0	1 446 000
Total Current Debt	7 722 000	13 115 000	17 406 000	13 792 000
Total Equity and Debt	6 765 000	11 962 000	17 465 000	21 572 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 874 000	42 577 000	39 320 000	63 707 000
Other Income	0	0	0	0
Revenue	29 874 000	42 577 000	39 320 000	63 707 000
Cost of Goods Sold	3 192 000	4 129 000	2 643 000	10 446 000
Salary Costs	19 719 000	28 372 000	32 417 000	41 647 000
Depreciation	467 000	2 787 000	3 053 000	2 470 000
Impairment	0	0	0	0
Expenditure	30 905 000	44 181 000	45 445 000	62 906 000
Operating Profit	−1 030 000	−1 603 000	−6 125 000	801 000
Financial Income	35 000	6 000	220 000	135 000
Financial Costs	518 000	443 000	371 000	425 000
Financial Balance	−483 000	−437 000	−151 000	−290 000
Dividends	0	0	0	0
Net Income	−1 513 000	−1 212 000	−6 276 000	512 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	2 064 000	4 422 000
Total Intangible Assets	1 613 000	1 613 000	2 838 000	5 141 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	918 000	1 385 000	2 108 000	869 000
Total Tangible Assets	918 000	1 385 000	2 108 000	869 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 531 000	2 998 000	4 947 000	6 010 000
Stock	78 000	833 000	1 414 000	1 619 000
Total Investments	0	0	0	0
Cash, Bank	1 258 000	3 250 000	5 641 000	9 193 000
Total Current Assets	4 234 000	8 964 000	12 519 000	15 562 000
Total Assets	6 765 000	11 962 000	17 465 000	21 572 000
Total Equity	−957 000	−1 153 000	59 000	6 335 000
Short-Term Group Debt	1 852 000	1 194 000	1 738 000	71 000
Total Long-Term Debt	0	0	0	1 446 000
Creditors	1 062 000	1 077 000	1 447 000	3 726 000
Unpaid Taxes	2 424 000	7 600 000	11 270 000	8 431 000
Dividends	0	0	0	0
Other Current Debt	2 383 000	3 244 000	2 952 000	1 564 000
Total Current Debt	7 722 000	13 115 000	17 406 000	13 792 000
Total Equity and Debt	6 765 000	11 962 000	17 465 000	21 572 000

Financial indicators	2022	2021	2020	2019
Return on Equity	158,1 %	105,12 %	−10 637,29 %	8,08 %
Debt-to-Equity Ratio	−0	−0	0	0,23
Operating Profit Margin	−3,45 %	−3,76 %	−15,58 %	1,26 %
Current Ratio	0,55	0,68	0,72	1,13
Quick Ratio	0,55	0,73	0,78	1,28
Equity Ratio	−0,14	−0,1	0	0,29
Gross Profit Margin	89,32 %	90,3 %	93,28 %	83,6 %