SCUDERIA NORD AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

−14,95 %

Current Ratio

11,36

Debt-to-Equity Ratio

1,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	217 000	212 000
Net Income	−32 000	−26 000	94 000	−86 000
Total Assets	500 000	486 000	495 000	401 000
Total Equity	214 000	200 000	182 000	87 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	217 000	212 000
Expenditure	46 000	38 000	107 000	325 000
Operating Profit	−45 000	−38 000	111 000	−113 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	3 000
Financial Balance	0	0	0	−3 000
Earnings Before Tax	−45 000	−38 000	110 000	−116 000
Tax	−13 000	−12 000	16 000	−30 000
Net Income	−32 000	−26 000	94 000	−86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	500 000	486 000	495 000	401 000
Total Assets	500 000	486 000	495 000	401 000
Total Retained Equity	24 000	56 000	82 000	−13 000
Total Equity	214 000	200 000	182 000	87 000
Total Long-Term Debt	241 000	241 000	241 000	241 000
Total Current Debt	44 000	45 000	72 000	72 000
Total Equity and Debt	500 000	486 000	495 000	401 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	217 000	212 000
Other Income	0	0	0	0
Revenue	0	0	217 000	212 000
Cost of Goods Sold	1 000	0	0	31 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	12 000
Impairment	0	0	0	0
Expenditure	46 000	38 000	107 000	325 000
Operating Profit	−45 000	−38 000	111 000	−113 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	3 000
Financial Balance	0	0	0	−3 000
Dividends	0	0	0	0
Net Income	−32 000	−26 000	94 000	−86 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	382 000	427 000	494 000	218 000
Total Current Assets	500 000	486 000	495 000	401 000
Total Assets	500 000	486 000	495 000	401 000
Total Equity	214 000	200 000	182 000	87 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	241 000	241 000	241 000	241 000
Creditors	38 000	38 000	38 000	27 000
Unpaid Taxes	0	0	11 000	40 000
Dividends	0	0	0	0
Other Current Debt	6 000	7 000	7 000	6 000
Total Current Debt	44 000	45 000	72 000	72 000
Total Equity and Debt	500 000	486 000	495 000	401 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,95 %	−13 %	51,65 %	−98,85 %
Debt-to-Equity Ratio	1,13	1,21	1,32	2,77
Operating Profit Margin	-	-	51,15 %	−53,3 %
Current Ratio	11,36	10,8	6,88	5,57
Quick Ratio	11,36	10,8	6,88	5,57
Equity Ratio	0,43	0,41	0,37	0,22
Gross Profit Margin	-	-	100 %	85,38 %