SCANDIC TRADE AS

7074 SPONGDAL

Finances

Return on Equity

13,82 %

Current Ratio

1,69

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 538 000	883 000	510 000	809 000
Net Income	38 000	33 000	159 000	−9 000
Total Assets	677 000	524 000	576 000	530 000
Total Equity	275 000	280 000	148 000	145 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 538 000	883 000	510 000	809 000
Expenditure	1 487 000	840 000	306 000	818 000
Operating Profit	50 000	42 000	203 000	−9 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	50 000	42 000	203 000	−9 000
Tax	12 000	10 000	45 000	0
Net Income	38 000	33 000	159 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	92 000	110 000	107 000	87 000
Total Current Assets	585 000	415 000	469 000	443 000
Total Assets	677 000	524 000	576 000	530 000
Total Retained Equity	−75 000	−70 000	−102 000	−105 000
Total Equity	275 000	280 000	148 000	145 000
Total Long-Term Debt	56 000	0	200 000	0
Total Current Debt	346 000	244 000	228 000	385 000
Total Equity and Debt	677 000	524 000	576 000	530 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 338 000	840 000	485 000	809 000
Other Income	200 000	43 000	25 000	0
Revenue	1 538 000	883 000	510 000	809 000
Cost of Goods Sold	504 000	316 000	128 000	256 000
Salary Costs	375 000	42 000	−154 000	174 000
Depreciation	18 000	19 000	23 000	31 000
Impairment	0	0	0	0
Expenditure	1 487 000	840 000	306 000	818 000
Operating Profit	50 000	42 000	203 000	−9 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	38 000	33 000	159 000	−9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	5 000	8 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	56 000	74 000	69 000	41 000
Total Tangible Assets	56 000	74 000	69 000	41 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	39 000
Total Fixed Assets	92 000	110 000	107 000	87 000
Stock	46 000	32 000	30 000	26 000
Total Investments	0	0	0	0
Cash, Bank	327 000	192 000	66 000	29 000
Total Current Assets	585 000	415 000	469 000	443 000
Total Assets	677 000	524 000	576 000	530 000
Total Equity	275 000	280 000	148 000	145 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	56 000	0	200 000	0
Creditors	52 000	10 000	37 000	11 000
Unpaid Taxes	40 000	6 000	−22 000	1 000
Dividends	0	0	0	0
Other Current Debt	254 000	221 000	212 000	371 000
Total Current Debt	346 000	244 000	228 000	385 000
Total Equity and Debt	677 000	524 000	576 000	530 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,82 %	11,79 %	107,43 %	−6,21 %
Debt-to-Equity Ratio	0,2	0	1,35	0
Operating Profit Margin	3,25 %	4,76 %	39,8 %	−1,11 %
Current Ratio	1,69	1,7	2,06	1,15
Quick Ratio	1,95	1,96	2,37	1,23
Equity Ratio	0,41	0,53	0,26	0,27
Gross Profit Margin	67,23 %	64,21 %	74,9 %	68,36 %