SCANDINAVIAN APPLIANCES AS

1739 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

−103,6 %

Current Ratio

0,98

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 854 000	78 551 000	64 410 000	69 035 000
Net Income	−2 131 000	5 435 000	147 000	1 291 000
Total Assets	35 136 000	34 594 000	35 901 000	28 722 000
Total Equity	2 057 000	10 064 000	4 647 000	6 151 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 854 000	78 551 000	64 410 000	69 035 000
Expenditure	67 766 000	71 621 000	63 685 000	66 431 000
Operating Profit	−1 912 000	6 929 000	725 000	2 604 000
Financial Income	1 207 000	1 334 000	2 443 000	915 000
Financial Costs	2 000 000	1 270 000	2 962 000	1 832 000
Financial Balance	−793 000	64 000	−519 000	−917 000
Earnings Before Tax	−2 705 000	6 993 000	206 000	1 686 000
Tax	−574 000	1 558 000	59 000	395 000
Net Income	−2 131 000	5 435 000	147 000	1 291 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 758 000	8 642 000	8 845 000	8 439 000
Total Current Assets	32 379 000	25 953 000	27 056 000	20 283 000
Total Assets	35 136 000	34 594 000	35 901 000	28 722 000
Total Retained Equity	947 000	5 522 000	105 000	1 609 000
Total Equity	2 057 000	10 064 000	4 647 000	6 151 000
Total Long-Term Debt	20 000	20 000	20 000	20 000
Total Current Debt	33 059 000	24 510 000	31 234 000	22 551 000
Total Equity and Debt	35 136 000	34 594 000	35 901 000	28 722 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	65 854 000	78 551 000	64 410 000	69 035 000
Other Income	0	0	0	0
Revenue	65 854 000	78 551 000	64 410 000	69 035 000
Cost of Goods Sold	39 955 000	44 875 000	40 441 000	42 943 000
Salary Costs	8 151 000	7 827 000	6 506 000	6 552 000
Depreciation	204 000	286 000	255 000	386 000
Impairment	0	0	0	0
Expenditure	67 766 000	71 621 000	63 685 000	66 431 000
Operating Profit	−1 912 000	6 929 000	725 000	2 604 000
Financial Income	1 207 000	1 334 000	2 443 000	915 000
Financial Costs	2 000 000	1 270 000	2 962 000	1 832 000
Financial Balance	−793 000	64 000	−519 000	−917 000
Dividends	0	0	0	0
Net Income	−2 131 000	5 435 000	147 000	1 291 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 479 000	2 087 000	2 181 000	1 859 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	24 000	31 000	38 000	45 000
Fixtures	255 000	298 000	401 000	311 000
Total Tangible Assets	279 000	330 000	439 000	356 000
Total Fiancial Fixed Assets	0	6 225 000	6 225 000	6 225 000
Total Fixed Assets	2 758 000	8 642 000	8 845 000	8 439 000
Stock	20 890 000	10 953 000	15 208 000	12 531 000
Total Investments	0	0	0	0
Cash, Bank	3 331 000	6 821 000	4 638 000	4 954 000
Total Current Assets	32 379 000	25 953 000	27 056 000	20 283 000
Total Assets	35 136 000	34 594 000	35 901 000	28 722 000
Total Equity	2 057 000	10 064 000	4 647 000	6 151 000
Short-Term Group Debt	23 000	23 000	4 849 000	7 831 000
Total Long-Term Debt	20 000	20 000	20 000	20 000
Creditors	20 128 000	10 686 000	15 390 000	5 700 000
Unpaid Taxes	277 000	3 038 000	1 801 000	1 408 000
Dividends	0	0	0	0
Other Current Debt	12 631 000	9 220 000	9 194 000	7 611 000
Total Current Debt	33 059 000	24 510 000	31 234 000	22 551 000
Total Equity and Debt	35 136 000	34 594 000	35 901 000	28 722 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−103,6 %	54 %	3,16 %	20,99 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	−2,9 %	8,82 %	1,13 %	3,77 %
Current Ratio	0,98	1,06	0,87	0,9
Quick Ratio	2,66	1,91	1,69	2,02
Equity Ratio	0,06	0,29	0,13	0,21
Gross Profit Margin	39,33 %	42,87 %	37,21 %	37,8 %