SCANDINAVIAN COMMODITIES AS

1081 OSLO

Finances

Share Ownership

Return on Equity

42,42 %

Current Ratio

0,13

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	202 000	223 000	204 000	198 000
Net Income	−221 000	−132 000	−177 000	−102 000
Total Assets	141 000	188 000	304 000	306 000
Total Equity	−521 000	−299 000	−167 000	10 000

Income (NOK)	2022	2021	2020	2019
Revenue	202 000	223 000	204 000	198 000
Expenditure	422 000	354 000	380 000	308 000
Operating Profit	−221 000	−132 000	−177 000	−110 000
Financial Income	0	0	0	8 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	8 000
Earnings Before Tax	−221 000	−132 000	−177 000	−102 000
Tax	0	0	0	0
Net Income	−221 000	−132 000	−177 000	−102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	81 000	108 000	21 000
Total Current Assets	87 000	107 000	196 000	286 000
Total Assets	141 000	188 000	304 000	306 000
Total Retained Equity	−985 000	−763 000	−631 000	−454 000
Total Equity	−521 000	−299 000	−167 000	10 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	662 000	488 000	471 000	297 000
Total Equity and Debt	141 000	188 000	304 000	306 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	202 000	223 000	192 000	197 000
Other Income	0	0	12 000	1 000
Revenue	202 000	223 000	204 000	198 000
Cost of Goods Sold	99 000	112 000	158 000	54 000
Salary Costs	0	0	0	0
Depreciation	27 000	27 000	27 000	9 000
Impairment	0	0	0	0
Expenditure	422 000	354 000	380 000	308 000
Operating Profit	−221 000	−132 000	−177 000	−110 000
Financial Income	0	0	0	8 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	8 000
Dividends	0	0	0	0
Net Income	−221 000	−132 000	−177 000	−102 000

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	54 000	81 000	0	0
Fixtures	0	0	108 000	21 000
Total Tangible Assets	54 000	81 000	108 000	21 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	54 000	81 000	108 000	21 000
Stock	5 000	6 000	7 000	5 000
Total Investments	0	0	0	0
Cash, Bank	45 000	60 000	19 000	127 000
Total Current Assets	87 000	107 000	196 000	286 000
Total Assets	141 000	188 000	304 000	306 000
Total Equity	−521 000	−299 000	−167 000	10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	36 000	35 000	48 000	2 000
Unpaid Taxes	0	0	0	7 000
Dividends	0	0	0	0
Other Current Debt	626 000	452 000	422 000	288 000
Total Current Debt	662 000	488 000	471 000	297 000
Total Equity and Debt	141 000	188 000	304 000	306 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,42 %	44,15 %	105,99 %	−1 020 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	−109,41 %	−59,19 %	−86,76 %	−55,56 %
Current Ratio	0,13	0,22	0,42	0,96
Quick Ratio	0,13	0,22	0,42	0,98
Equity Ratio	−3,7	−1,59	−0,55	0,03
Gross Profit Margin	50,99 %	49,78 %	22,55 %	72,73 %