SCANDINAVIAN WIND POWER AS

4521 LINDESNES

Finances

Return on Equity

5,37 %

Current Ratio

3,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 050 000	1 600 000	1 056 000	1 678 000
Net Income	322 000	48 000	−440 000	2 769 000
Total Assets	7 155 000	6 745 000	7 012 000	8 232 000
Total Equity	5 994 000	6 219 000	6 619 000	7 763 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 050 000	1 600 000	1 056 000	1 678 000
Expenditure	1 665 000	1 239 000	1 341 000	1 518 000
Operating Profit	384 000	360 000	−285 000	160 000
Financial Income	18 000	23 000	10 000	2 666 000
Financial Costs	1 000	250 000	226 000	0
Financial Balance	17 000	−227 000	−216 000	2 666 000
Earnings Before Tax	402 000	132 000	−500 000	2 826 000
Tax	79 000	84 000	−60 000	57 000
Net Income	322 000	48 000	−440 000	2 769 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 184 000	2 727 000	3 183 000	2 842 000
Total Current Assets	3 971 000	4 018 000	3 829 000	5 390 000
Total Assets	7 155 000	6 745 000	7 012 000	8 232 000
Total Retained Equity	5 746 000	5 970 000	6 370 000	7 514 000
Total Equity	5 994 000	6 219 000	6 619 000	7 763 000
Total Long-Term Debt	2 000	52 000	31 000	91 000
Total Current Debt	1 159 000	474 000	362 000	379 000
Total Equity and Debt	7 155 000	6 745 000	7 012 000	8 232 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 037 000	1 437 000	834 000	1 587 000
Other Income	13 000	163 000	223 000	91 000
Revenue	2 050 000	1 600 000	1 056 000	1 678 000
Cost of Goods Sold	222 000	132 000	225 000	132 000
Salary Costs	352 000	433 000	480 000	444 000
Depreciation	435 000	254 000	230 000	319 000
Impairment	0	0	0	0
Expenditure	1 665 000	1 239 000	1 341 000	1 518 000
Operating Profit	384 000	360 000	−285 000	160 000
Financial Income	18 000	23 000	10 000	2 666 000
Financial Costs	1 000	250 000	226 000	0
Financial Balance	17 000	−227 000	−216 000	2 666 000
Dividends	0	275 000	704 000	0
Net Income	322 000	48 000	−440 000	2 769 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	258 000	0	0	0
Total Intangible Assets	258 000	0	0	0
Real Eastate	1 431 000	1 323 000	1 484 000	1 547 000
Machinery and Plant Facilities	595 000	397 000	340 000	188 000
Fixtures	0	0	0	24 000
Total Tangible Assets	2 026 000	1 720 000	1 824 000	1 759 000
Total Fiancial Fixed Assets	901 000	1 007 000	1 358 000	1 083 000
Total Fixed Assets	3 184 000	2 727 000	3 183 000	2 842 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 504 000	3 150 000	2 642 000	4 664 000
Total Current Assets	3 971 000	4 018 000	3 829 000	5 390 000
Total Assets	7 155 000	6 745 000	7 012 000	8 232 000
Total Equity	5 994 000	6 219 000	6 619 000	7 763 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	52 000	31 000	91 000
Creditors	286 000	5 000	128 000	90 000
Unpaid Taxes	131 000	162 000	151 000	96 000
Dividends	0	275 000	704 000	0
Other Current Debt	625 000	293 000	83 000	75 000
Total Current Debt	1 159 000	474 000	362 000	379 000
Total Equity and Debt	7 155 000	6 745 000	7 012 000	8 232 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,37 %	0,77 %	−6,65 %	35,67 %
Debt-to-Equity Ratio	0	0,01	0	0,01
Operating Profit Margin	18,73 %	22,5 %	−26,99 %	9,54 %
Current Ratio	3,43	8,48	10,58	14,22
Quick Ratio	3,43	8,48	10,58	14,22
Equity Ratio	0,84	0,92	0,94	0,94
Gross Profit Margin	89,17 %	91,75 %	78,69 %	92,13 %