SCANDINAVIAN WELDTECH AS

2000 LILLESTRØM

Finances

Share Ownership

Return on Equity

9,99 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 300 000	2 069 000	0	0
Net Income	78 000	16 000	−28 000	−18 000
Total Assets	5 747 000	714 000	699 000	735 000
Total Equity	781 000	703 000	687 000	716 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 300 000	2 069 000	0	0
Expenditure	1 239 000	2 053 000	30 000	22 000
Operating Profit	61 000	16 000	−30 000	−22 000
Financial Income	17 000	0	1 000	4 000
Financial Costs	0	0	0	0
Financial Balance	17 000	0	1 000	4 000
Earnings Before Tax	78 000	16 000	−28 000	−18 000
Tax	0	0	0	0
Net Income	78 000	16 000	−28 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	5 747 000	714 000	699 000	735 000
Total Assets	5 747 000	714 000	699 000	735 000
Total Retained Equity	281 000	203 000	187 000	216 000
Total Equity	781 000	703 000	687 000	716 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 966 000	11 000	12 000	19 000
Total Equity and Debt	5 747 000	714 000	699 000	735 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 300 000	2 069 000	0	0
Other Income	0	0	0	0
Revenue	1 300 000	2 069 000	0	0
Cost of Goods Sold	703 000	1 655 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 239 000	2 053 000	30 000	22 000
Operating Profit	61 000	16 000	−30 000	−22 000
Financial Income	17 000	0	1 000	4 000
Financial Costs	0	0	0	0
Financial Balance	17 000	0	1 000	4 000
Dividends	0	0	0	0
Net Income	78 000	16 000	−28 000	−18 000

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	3 785 000	319 000	388 000	414 000
Total Current Assets	5 747 000	714 000	699 000	735 000
Total Assets	5 747 000	714 000	699 000	735 000
Total Equity	781 000	703 000	687 000	716 000
Short-Term Group Debt	2 047 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 000	0	0	17 000
Unpaid Taxes	669 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 230 000	11 000	12 000	2 000
Total Current Debt	4 966 000	11 000	12 000	19 000
Total Equity and Debt	5 747 000	714 000	699 000	735 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,99 %	2,28 %	−4,08 %	−2,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,69 %	0,77 %	-	-
Current Ratio	1,16	64,91	58,25	38,68
Quick Ratio	1,16	64,91	58,25	38,68
Equity Ratio	0,14	0,98	0,98	0,97
Gross Profit Margin	45,92 %	20,01 %	-	-