SCANDINAVIAN MOTORCENTER

3170 SEM

Finances

Share Ownership

Return on Equity

58,37 %

Current Ratio

1,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 728 000	25 395 000	24 898 000	36 713 000
Net Income	3 407 000	1 210 000	686 000	9 394 000
Total Assets	12 677 000	11 953 000	19 626 000	22 394 000
Total Equity	5 837 000	9 430 000	8 220 000	17 034 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 728 000	25 395 000	24 898 000	36 713 000
Expenditure	25 151 000	23 780 000	24 109 000	24 597 000
Operating Profit	4 576 000	1 616 000	790 000	12 116 000
Financial Income	133 000	94 000	159 000	28 000
Financial Costs	134 000	158 000	70 000	101 000
Financial Balance	−1 000	−64 000	89 000	−73 000
Earnings Before Tax	4 575 000	1 551 000	880 000	12 043 000
Tax	1 169 000	341 000	194 000	2 649 000
Net Income	3 407 000	1 210 000	686 000	9 394 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	469 000	1 217 000	2 102 000	2 987 000
Total Current Assets	12 208 000	10 736 000	17 525 000	19 407 000
Total Assets	12 677 000	11 953 000	19 626 000	22 394 000
Total Retained Equity	5 837 000	9 430 000	8 220 000	17 034 000
Total Equity	5 837 000	9 430 000	8 220 000	17 034 000
Total Long-Term Debt	0	0	51 000	101 000
Total Current Debt	6 840 000	2 523 000	11 355 000	5 260 000
Total Equity and Debt	12 677 000	11 953 000	19 626 000	22 394 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 728 000	25 395 000	24 898 000	36 713 000
Other Income	0	0	0	0
Revenue	29 728 000	25 395 000	24 898 000	36 713 000
Cost of Goods Sold	16 669 000	15 630 000	15 347 000	14 269 000
Salary Costs	2 678 000	2 567 000	2 596 000	2 933 000
Depreciation	919 000	934 000	938 000	980 000
Impairment	0	0	0	0
Expenditure	25 151 000	23 780 000	24 109 000	24 597 000
Operating Profit	4 576 000	1 616 000	790 000	12 116 000
Financial Income	133 000	94 000	159 000	28 000
Financial Costs	134 000	158 000	70 000	101 000
Financial Balance	−1 000	−64 000	89 000	−73 000
Dividends	0	0	0	0
Net Income	3 407 000	1 210 000	686 000	9 394 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	49 000	0	0
Real Eastate	0	0	13 000	27 000
Machinery and Plant Facilities	248 000	947 000	1 860 000	2 773 000
Fixtures	0	0	8 000	19 000
Total Tangible Assets	248 000	947 000	1 881 000	2 819 000
Total Fiancial Fixed Assets	221 000	221 000	221 000	169 000
Total Fixed Assets	469 000	1 217 000	2 102 000	2 987 000
Stock	2 396 000	3 914 000	3 050 000	6 158 000
Total Investments	0	0	0	0
Cash, Bank	3 046 000	3 833 000	10 897 000	9 247 000
Total Current Assets	12 208 000	10 736 000	17 525 000	19 407 000
Total Assets	12 677 000	11 953 000	19 626 000	22 394 000
Total Equity	5 837 000	9 430 000	8 220 000	17 034 000
Short-Term Group Debt	2 563 000	0	0	0
Total Long-Term Debt	0	0	51 000	101 000
Creditors	856 000	679 000	1 009 000	565 000
Unpaid Taxes	1 676 000	886 000	1 147 000	1 154 000
Dividends	0	0	0	0
Other Current Debt	624 000	517 000	8 955 000	894 000
Total Current Debt	6 840 000	2 523 000	11 355 000	5 260 000
Total Equity and Debt	12 677 000	11 953 000	19 626 000	22 394 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,37 %	12,83 %	8,35 %	55,15 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	15,39 %	6,36 %	3,17 %	33 %
Current Ratio	1,78	4,26	1,54	3,69
Quick Ratio	2,75	−7,72	2,11	−21,61
Equity Ratio	0,46	0,79	0,42	0,76
Gross Profit Margin	43,93 %	38,45 %	38,36 %	61,13 %