SCANWELL AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

10,04 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 104 000	28 127 000	28 379 000	35 749 000
Net Income	884 000	448 000	201 000	2 155 000
Total Assets	17 455 000	16 103 000	14 997 000	11 461 000
Total Equity	8 805 000	7 920 000	7 189 000	6 377 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 104 000	28 127 000	28 379 000	35 749 000
Expenditure	32 676 000	28 097 000	28 452 000	33 458 000
Operating Profit	428 000	30 000	−74 000	2 291 000
Financial Income	996 000	678 000	648 000	410 000
Financial Costs	290 000	134 000	319 000	47 000
Financial Balance	706 000	544 000	329 000	363 000
Earnings Before Tax	1 134 000	574 000	256 000	2 655 000
Tax	249 000	126 000	55 000	500 000
Net Income	884 000	448 000	201 000	2 155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 053 000	5 444 000	6 594 000	2 305 000
Total Current Assets	12 402 000	10 659 000	8 404 000	9 157 000
Total Assets	17 455 000	16 103 000	14 997 000	11 461 000
Total Retained Equity	7 811 000	6 926 000	6 478 000	6 277 000
Total Equity	8 805 000	7 920 000	7 189 000	6 377 000
Total Long-Term Debt	300 000	1 500 000	2 700 000	0
Total Current Debt	8 351 000	6 683 000	5 108 000	5 085 000
Total Equity and Debt	17 455 000	16 103 000	14 997 000	11 461 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 058 000	21 623 000	24 453 000	31 449 000
Other Income	7 046 000	6 503 000	3 926 000	4 300 000
Revenue	33 104 000	28 127 000	28 379 000	35 749 000
Cost of Goods Sold	16 100 000	10 881 000	15 217 000	16 303 000
Salary Costs	10 144 000	11 367 000	9 587 000	12 111 000
Depreciation	37 000	68 000	71 000	76 000
Impairment	0	0	0	0
Expenditure	32 676 000	28 097 000	28 452 000	33 458 000
Operating Profit	428 000	30 000	−74 000	2 291 000
Financial Income	996 000	678 000	648 000	410 000
Financial Costs	290 000	134 000	319 000	47 000
Financial Balance	706 000	544 000	329 000	363 000
Dividends	0	0	0	0
Net Income	884 000	448 000	201 000	2 155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	15 000	19 000	2 125 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	41 000	108 000	179 000
Total Tangible Assets	0	41 000	108 000	179 000
Total Fiancial Fixed Assets	5 039 000	5 388 000	6 467 000	0
Total Fixed Assets	5 053 000	5 444 000	6 594 000	2 305 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	419 000	484 000	991 000	666 000
Total Current Assets	12 402 000	10 659 000	8 404 000	9 157 000
Total Assets	17 455 000	16 103 000	14 997 000	11 461 000
Total Equity	8 805 000	7 920 000	7 189 000	6 377 000
Short-Term Group Debt	0	0	0	142 000
Total Long-Term Debt	300 000	1 500 000	2 700 000	0
Creditors	1 138 000	1 032 000	1 344 000	863 000
Unpaid Taxes	806 000	847 000	834 000	892 000
Dividends	0	0	0	0
Other Current Debt	6 158 000	4 601 000	2 710 000	2 827 000
Total Current Debt	8 351 000	6 683 000	5 108 000	5 085 000
Total Equity and Debt	17 455 000	16 103 000	14 997 000	11 461 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,04 %	5,66 %	2,8 %	33,79 %
Debt-to-Equity Ratio	0,03	0,19	0,38	0
Operating Profit Margin	1,29 %	0,11 %	−0,26 %	6,41 %
Current Ratio	1,49	1,59	1,65	1,8
Quick Ratio	1,49	1,59	1,65	1,8
Equity Ratio	0,5	0,49	0,48	0,56
Gross Profit Margin	51,37 %	61,31 %	46,38 %	54,4 %