SKANDINAVISK TEKNOLOGIUTVIKLING AS

7021 TRONDHEIM

Finances

Return on Equity

2,54 %

Current Ratio

26,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	178 000	185 000	251 000	65 000
Net Income	38 000	106 000	184 000	59 000
Total Assets	1 554 000	1 521 000	1 363 000	1 184 000
Total Equity	1 495 000	1 457 000	1 351 000	1 167 000

Income (NOK)	2022	2021	2020	2019
Revenue	178 000	185 000	251 000	65 000
Expenditure	129 000	50 000	14 000	57 000
Operating Profit	50 000	136 000	237 000	8 000
Financial Income	0	0	0	5 000
Financial Costs	0	0	0	−50 000
Financial Balance	0	0	0	55 000
Earnings Before Tax	50 000	136 000	237 000	62 000
Tax	12 000	30 000	53 000	3 000
Net Income	38 000	106 000	184 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 000	77 000	78 000	129 000
Total Current Assets	1 477 000	1 444 000	1 285 000	1 055 000
Total Assets	1 554 000	1 521 000	1 363 000	1 184 000
Total Retained Equity	1 395 000	1 357 000	1 251 000	1 067 000
Total Equity	1 495 000	1 457 000	1 351 000	1 167 000
Total Long-Term Debt	3 000	4 000	0	0
Total Current Debt	56 000	60 000	12 000	17 000
Total Equity and Debt	1 554 000	1 521 000	1 363 000	1 184 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	178 000	185 000	251 000	65 000
Other Income	0	0	0	0
Revenue	178 000	185 000	251 000	65 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 000	1 000	−23 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	129 000	50 000	14 000	57 000
Operating Profit	50 000	136 000	237 000	8 000
Financial Income	0	0	0	5 000
Financial Costs	0	0	0	−50 000
Financial Balance	0	0	0	55 000
Dividends	0	0	0	0
Net Income	38 000	106 000	184 000	59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 000	53 000
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	77 000	77 000	77 000	76 000
Total Fixed Assets	77 000	77 000	78 000	129 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 362 000	1 276 000	1 043 000	995 000
Total Current Assets	1 477 000	1 444 000	1 285 000	1 055 000
Total Assets	1 554 000	1 521 000	1 363 000	1 184 000
Total Equity	1 495 000	1 457 000	1 351 000	1 167 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	4 000	0	0
Creditors	2 000	4 000	3 000	3 000
Unpaid Taxes	30 000	30 000	7 000	2 000
Dividends	0	0	0	0
Other Current Debt	12 000	0	2 000	12 000
Total Current Debt	56 000	60 000	12 000	17 000
Total Equity and Debt	1 554 000	1 521 000	1 363 000	1 184 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,54 %	7,28 %	13,62 %	5,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	28,09 %	73,51 %	94,42 %	12,31 %
Current Ratio	26,38	24,07	107,08	62,06
Quick Ratio	26,38	24,07	107,08	62,06
Equity Ratio	0,96	0,96	0,99	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %