SCANDINAVIAN DEVELOPMENT AS

0258 OSLO

Finances

Share Ownership

Return on Equity

34,43 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 449 000	13 005 000	11 350 000	103 847 000
Net Income	6 931 000	3 283 000	1 088 000	71 891 000
Total Assets	29 798 000	30 396 000	27 474 000	31 395 000
Total Equity	20 131 000	20 064 000	20 057 000	21 153 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 449 000	13 005 000	11 350 000	103 847 000
Expenditure	12 326 000	8 526 000	9 346 000	11 542 000
Operating Profit	9 123 000	4 479 000	2 005 000	92 306 000
Financial Income	−8 000	7 000	−183 000	237 000
Financial Costs	1 000	3 000	120 000	4 000
Financial Balance	−9 000	4 000	−303 000	233 000
Earnings Before Tax	9 114 000	4 483 000	1 702 000	92 540 000
Tax	2 183 000	1 200 000	614 000	20 649 000
Net Income	6 931 000	3 283 000	1 088 000	71 891 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 303 000	19 234 000	19 212 000	19 523 000
Total Current Assets	10 494 000	11 162 000	8 263 000	11 872 000
Total Assets	29 798 000	30 396 000	27 474 000	31 395 000
Total Retained Equity	19 141 000	19 074 000	19 067 000	20 163 000
Total Equity	20 131 000	20 064 000	20 057 000	21 153 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 667 000	10 332 000	7 417 000	10 242 000
Total Equity and Debt	29 798 000	30 396 000	27 474 000	31 395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	21 449 000	13 005 000	11 350 000	103 847 000
Revenue	21 449 000	13 005 000	11 350 000	103 847 000
Cost of Goods Sold	687 000	263 000	1 000	10 000
Salary Costs	4 070 000	3 871 000	3 848 000	6 315 000
Depreciation	33 000	27 000	87 000	163 000
Impairment	0	0	0	0
Expenditure	12 326 000	8 526 000	9 346 000	11 542 000
Operating Profit	9 123 000	4 479 000	2 005 000	92 306 000
Financial Income	−8 000	7 000	−183 000	237 000
Financial Costs	1 000	3 000	120 000	4 000
Financial Balance	−9 000	4 000	−303 000	233 000
Dividends	0	0	0	0
Net Income	6 931 000	3 283 000	1 088 000	71 891 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 000	25 000	33 000	26 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 989 000	2 844 000	2 804 000	2 891 000
Total Tangible Assets	2 989 000	2 844 000	2 804 000	2 891 000
Total Fiancial Fixed Assets	16 291 000	16 366 000	16 375 000	16 606 000
Total Fixed Assets	19 303 000	19 234 000	19 212 000	19 523 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 612 000	7 082 000	4 482 000	8 475 000
Total Current Assets	10 494 000	11 162 000	8 263 000	11 872 000
Total Assets	29 798 000	30 396 000	27 474 000	31 395 000
Total Equity	20 131 000	20 064 000	20 057 000	21 153 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	240 000	740 000	281 000	774 000
Unpaid Taxes	1 161 000	698 000	1 096 000	1 729 000
Dividends	0	0	0	0
Other Current Debt	8 020 000	8 625 000	6 037 000	7 310 000
Total Current Debt	9 667 000	10 332 000	7 417 000	10 242 000
Total Equity and Debt	29 798 000	30 396 000	27 474 000	31 395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,43 %	16,36 %	5,42 %	339,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	42,53 %	34,44 %	17,67 %	88,89 %
Current Ratio	1,09	1,08	1,11	1,16
Quick Ratio	1,09	1,08	1,11	1,16
Equity Ratio	0,68	0,66	0,73	0,67
Gross Profit Margin	96,8 %	97,98 %	99,99 %	99,99 %