SCANWELL TECHNOLOGY AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

113,01 %

Current Ratio

0,37

Debt-to-Equity Ratio

−10,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 231 000	11 894 000	20 750 000	19 855 000
Net Income	−8 858 000	−5 233 000	1 211 000	−4 060 000
Total Assets	80 692 000	73 846 000	68 461 000	28 286 000
Total Equity	−7 838 000	545 000	5 778 000	2 480 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 231 000	11 894 000	20 750 000	19 855 000
Expenditure	20 571 000	15 945 000	18 448 000	22 832 000
Operating Profit	−7 340 000	−4 052 000	2 302 000	−2 978 000
Financial Income	1 574 000	1 302 000	2 042 000	143 000
Financial Costs	3 092 000	2 483 000	3 205 000	1 091 000
Financial Balance	−1 518 000	−1 181 000	−1 163 000	−948 000
Earnings Before Tax	−8 858 000	−5 233 000	1 139 000	−3 925 000
Tax	0	0	−72 000	135 000
Net Income	−8 858 000	−5 233 000	1 211 000	−4 060 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	78 847 000	64 047 000	62 314 000	21 280 000
Total Current Assets	1 845 000	9 798 000	6 147 000	7 006 000
Total Assets	80 692 000	73 846 000	68 461 000	28 286 000
Total Retained Equity	−12 880 000	−4 022 000	1 211 000	0
Total Equity	−7 838 000	545 000	5 778 000	2 480 000
Total Long-Term Debt	83 601 000	68 712 000	57 385 000	19 166 000
Total Current Debt	4 929 000	4 588 000	5 297 000	6 640 000
Total Equity and Debt	80 692 000	73 846 000	68 461 000	28 286 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 231 000	11 894 000	15 750 000	19 855 000
Other Income	0	0	5 000 000	0
Revenue	13 231 000	11 894 000	20 750 000	19 855 000
Cost of Goods Sold	164 000	168 000	539 000	2 071 000
Salary Costs	12 920 000	9 647 000	9 845 000	12 521 000
Depreciation	4 953 000	4 177 000	5 497 000	3 606 000
Impairment	0	0	0	0
Expenditure	20 571 000	15 945 000	18 448 000	22 832 000
Operating Profit	−7 340 000	−4 052 000	2 302 000	−2 978 000
Financial Income	1 574 000	1 302 000	2 042 000	143 000
Financial Costs	3 092 000	2 483 000	3 205 000	1 091 000
Financial Balance	−1 518 000	−1 181 000	−1 163 000	−948 000
Dividends	0	0	0	0
Net Income	−8 858 000	−5 233 000	1 211 000	−4 060 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 688 000	1 365 000	1 135 000	729 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	16 890 000	18 505 000	0	0
Fixtures	230 000	40 000	19 334 000	20 551 000
Total Tangible Assets	17 120 000	18 546 000	19 334 000	20 551 000
Total Fiancial Fixed Assets	60 039 000	44 137 000	41 845 000	0
Total Fixed Assets	78 847 000	64 047 000	62 314 000	21 280 000
Stock	795 000	2 604 000	1 918 000	329 000
Total Investments	0	0	0	0
Cash, Bank	545 000	507 000	1 233 000	582 000
Total Current Assets	1 845 000	9 798 000	6 147 000	7 006 000
Total Assets	80 692 000	73 846 000	68 461 000	28 286 000
Total Equity	−7 838 000	545 000	5 778 000	2 480 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	83 601 000	68 712 000	57 385 000	19 166 000
Creditors	357 000	839 000	1 148 000	2 571 000
Unpaid Taxes	3 375 000	960 000	2 049 000	1 089 000
Dividends	0	0	0	0
Other Current Debt	1 196 000	2 789 000	2 101 000	2 980 000
Total Current Debt	4 929 000	4 588 000	5 297 000	6 640 000
Total Equity and Debt	80 692 000	73 846 000	68 461 000	28 286 000

Financial indicators	2022	2021	2020	2019
Return on Equity	113,01 %	−960,18 %	20,96 %	−163,71 %
Debt-to-Equity Ratio	−10,67	126,08	9,93	7,73
Operating Profit Margin	−55,48 %	−34,07 %	11,09 %	−15 %
Current Ratio	0,37	2,14	1,16	1,06
Quick Ratio	0,45	4,94	1,82	1,11
Equity Ratio	−0,1	0,01	0,08	0,09
Gross Profit Margin	98,76 %	98,59 %	97,4 %	89,57 %