SCANDINAVIAN ENGINEERING AS

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−1,72 %

Current Ratio

2,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 273 000	1 378 000	1 491 000	1 438 000
Net Income	−10 000	−8 000	34 000	15 000
Total Assets	1 068 000	1 133 000	1 128 000	890 000
Total Equity	582 000	592 000	600 000	566 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 273 000	1 378 000	1 491 000	1 438 000
Expenditure	1 281 000	1 387 000	1 446 000	1 419 000
Operating Profit	−8 000	−9 000	46 000	20 000
Financial Income	3 000	1 000	1 000	3 000
Financial Costs	1 000	3 000	3 000	3 000
Financial Balance	2 000	−2 000	−2 000	0
Earnings Before Tax	−6 000	−11 000	44 000	19 000
Tax	4 000	−2 000	10 000	4 000
Net Income	−10 000	−8 000	34 000	15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	29 000	43 000	13 000
Total Current Assets	1 059 000	1 104 000	1 086 000	877 000
Total Assets	1 068 000	1 133 000	1 128 000	890 000
Total Retained Equity	357 000	367 000	375 000	341 000
Total Equity	582 000	592 000	600 000	566 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	485 000	541 000	528 000	324 000
Total Equity and Debt	1 068 000	1 133 000	1 128 000	890 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 273 000	1 378 000	1 491 000	1 438 000
Other Income	0	0	0	0
Revenue	1 273 000	1 378 000	1 491 000	1 438 000
Cost of Goods Sold	251 000	61 000	23 000	58 000
Salary Costs	785 000	1 079 000	1 182 000	1 061 000
Depreciation	16 000	16 000	8 000	15 000
Impairment	0	0	0	0
Expenditure	1 281 000	1 387 000	1 446 000	1 419 000
Operating Profit	−8 000	−9 000	46 000	20 000
Financial Income	3 000	1 000	1 000	3 000
Financial Costs	1 000	3 000	3 000	3 000
Financial Balance	2 000	−2 000	−2 000	0
Dividends	0	0	0	0
Net Income	−10 000	−8 000	34 000	15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	4 000	2 000	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	25 000	41 000	0
Total Tangible Assets	8 000	25 000	41 000	0
Total Fiancial Fixed Assets	0	0	0	8 000
Total Fixed Assets	8 000	29 000	43 000	13 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	869 000	765 000	924 000	717 000
Total Current Assets	1 059 000	1 104 000	1 086 000	877 000
Total Assets	1 068 000	1 133 000	1 128 000	890 000
Total Equity	582 000	592 000	600 000	566 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	25 000	0	0	0
Unpaid Taxes	390 000	427 000	399 000	204 000
Dividends	0	0	0	0
Other Current Debt	71 000	114 000	123 000	113 000
Total Current Debt	485 000	541 000	528 000	324 000
Total Equity and Debt	1 068 000	1 133 000	1 128 000	890 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,72 %	−1,35 %	5,67 %	2,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,63 %	−0,65 %	3,09 %	1,39 %
Current Ratio	2,18	2,04	2,06	2,71
Quick Ratio	2,18	2,04	2,06	2,71
Equity Ratio	0,54	0,52	0,53	0,64
Gross Profit Margin	80,28 %	95,57 %	98,46 %	95,97 %