CHANGE OF SCANDINAVIA NORWAY AS

3036 DRAMMEN

Finances

Return on Equity

56,08 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	220 857 000	173 901 000	144 950 000	131 156 000
Net Income	21 731 000	7 973 000	1 650 000	3 663 000
Total Assets	88 131 000	75 156 000	60 973 000	58 698 000
Total Equity	38 748 000	28 016 000	24 043 000	25 393 000

Income (NOK)	2022	2021	2020	2019
Revenue	220 857 000	173 901 000	144 950 000	131 156 000
Expenditure	192 960 000	163 879 000	142 404 000	125 691 000
Operating Profit	27 897 000	10 022 000	2 547 000	5 465 000
Financial Income	6 000	400 000	129 000	44 000
Financial Costs	41 000	198 000	561 000	585 000
Financial Balance	−35 000	202 000	−432 000	−541 000
Earnings Before Tax	27 862 000	10 224 000	2 116 000	4 924 000
Tax	6 131 000	2 251 000	466 000	1 261 000
Net Income	21 731 000	7 973 000	1 650 000	3 663 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 398 000	7 514 000	10 452 000	12 777 000
Total Current Assets	80 733 000	67 642 000	50 521 000	45 920 000
Total Assets	88 131 000	75 156 000	60 973 000	58 698 000
Total Retained Equity	37 748 000	27 016 000	23 043 000	24 393 000
Total Equity	38 748 000	28 016 000	24 043 000	25 393 000
Total Long-Term Debt	535 000	396 000	3 192 000	3 764 000
Total Current Debt	48 847 000	46 745 000	33 738 000	29 540 000
Total Equity and Debt	88 131 000	75 156 000	60 973 000	58 698 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	220 601 000	174 108 000	142 723 000	130 764 000
Other Income	256 000	−207 000	2 227 000	392 000
Revenue	220 857 000	173 901 000	144 950 000	131 156 000
Cost of Goods Sold	76 654 000	64 179 000	57 113 000	50 080 000
Salary Costs	73 085 000	62 150 000	50 811 000	47 042 000
Depreciation	3 456 000	4 090 000	3 981 000	3 671 000
Impairment	0	0	0	0
Expenditure	192 960 000	163 879 000	142 404 000	125 691 000
Operating Profit	27 897 000	10 022 000	2 547 000	5 465 000
Financial Income	6 000	400 000	129 000	44 000
Financial Costs	41 000	198 000	561 000	585 000
Financial Balance	−35 000	202 000	−432 000	−541 000
Dividends	11 000 000	4 000 000	0	0
Net Income	21 731 000	7 973 000	1 650 000	3 663 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	531 000	842 000	1 244 000	1 590 000
Total Intangible Assets	531 000	842 000	1 244 000	1 590 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 636 000	6 442 000	8 954 000	10 606 000
Total Tangible Assets	6 636 000	6 442 000	8 954 000	10 606 000
Total Fiancial Fixed Assets	231 000	231 000	254 000	581 000
Total Fixed Assets	7 398 000	7 514 000	10 452 000	12 777 000
Stock	39 487 000	38 920 000	27 266 000	26 290 000
Total Investments	0	0	0	0
Cash, Bank	13 984 000	16 198 000	19 360 000	11 565 000
Total Current Assets	80 733 000	67 642 000	50 521 000	45 920 000
Total Assets	88 131 000	75 156 000	60 973 000	58 698 000
Total Equity	38 748 000	28 016 000	24 043 000	25 393 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	535 000	396 000	3 192 000	3 764 000
Creditors	3 135 000	19 471 000	15 454 000	3 820 000
Unpaid Taxes	15 754 000	13 277 000	10 759 000	9 634 000
Dividends	11 000 000	4 000 000	0	0
Other Current Debt	11 018 000	7 883 000	6 260 000	14 470 000
Total Current Debt	48 847 000	46 745 000	33 738 000	29 540 000
Total Equity and Debt	88 131 000	75 156 000	60 973 000	58 698 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,08 %	28,46 %	6,86 %	14,43 %
Debt-to-Equity Ratio	0,01	0,01	0,13	0,15
Operating Profit Margin	12,63 %	5,76 %	1,76 %	4,17 %
Current Ratio	1,65	1,45	1,5	1,55
Quick Ratio	8,63	8,64	7,81	14,13
Equity Ratio	0,44	0,37	0,39	0,43
Gross Profit Margin	65,29 %	63,09 %	60,6 %	61,82 %