SCANMARINEGROUP OF NORWAY AS

7100 RISSA

Finances

Share Ownership

Return on Equity

74,95 %

Current Ratio

0,27

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 811 000	8 839 000	26 993 000	17 965 000
Net Income	−1 433 000	−2 287 000	455 000	153 000
Total Assets	695 000	1 056 000	2 956 000	6 455 000
Total Equity	−1 912 000	−479 000	1 808 000	1 353 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 811 000	8 839 000	26 993 000	17 965 000
Expenditure	7 317 000	11 090 000	26 026 000	17 709 000
Operating Profit	−1 506 000	−2 251 000	967 000	255 000
Financial Income	73 000	71 000	28 000	65 000
Financial Costs	0	93 000	411 000	112 000
Financial Balance	73 000	−22 000	−383 000	−47 000
Earnings Before Tax	−1 433 000	−2 273 000	583 000	207 000
Tax	0	14 000	128 000	55 000
Net Income	−1 433 000	−2 287 000	455 000	153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	14 000	142 000
Total Current Assets	695 000	1 056 000	2 943 000	6 312 000
Total Assets	695 000	1 056 000	2 956 000	6 455 000
Total Retained Equity	−2 012 000	−579 000	1 708 000	1 253 000
Total Equity	−1 912 000	−479 000	1 808 000	1 353 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 607 000	1 535 000	1 148 000	5 101 000
Total Equity and Debt	695 000	1 056 000	2 956 000	6 455 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 811 000	8 839 000	26 993 000	17 965 000
Other Income	0	0	0	0
Revenue	5 811 000	8 839 000	26 993 000	17 965 000
Cost of Goods Sold	2 309 000	3 650 000	10 816 000	4 200 000
Salary Costs	4 841 000	6 582 000	13 586 000	10 297 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 317 000	11 090 000	26 026 000	17 709 000
Operating Profit	−1 506 000	−2 251 000	967 000	255 000
Financial Income	73 000	71 000	28 000	65 000
Financial Costs	0	93 000	411 000	112 000
Financial Balance	73 000	−22 000	−383 000	−47 000
Dividends	0	0	0	0
Net Income	−1 433 000	−2 287 000	455 000	153 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	14 000	142 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	14 000	142 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	585 000	485 000	2 508 000	2 910 000
Total Current Assets	695 000	1 056 000	2 943 000	6 312 000
Total Assets	695 000	1 056 000	2 956 000	6 455 000
Total Equity	−1 912 000	−479 000	1 808 000	1 353 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	61 000	675 000	2 000	300 000
Unpaid Taxes	4 000	26 000	41 000	685 000
Dividends	0	0	0	0
Other Current Debt	2 543 000	834 000	1 106 000	4 117 000
Total Current Debt	2 607 000	1 535 000	1 148 000	5 101 000
Total Equity and Debt	695 000	1 056 000	2 956 000	6 455 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,95 %	477,45 %	25,17 %	11,31 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−25,92 %	−25,47 %	3,58 %	1,42 %
Current Ratio	0,27	0,69	2,56	1,24
Quick Ratio	0,27	0,69	2,56	1,24
Equity Ratio	−2,75	−0,45	0,61	0,21
Gross Profit Margin	60,27 %	58,71 %	59,93 %	76,62 %