SCANDINAVIAN GROUP AS

4307 SANDNES

Finances

Share Ownership

Return on Equity

58,67 %

Current Ratio

0,06

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	205 000	334 000	360 000	53 000
Net Income	−44 000	−5 000	14 000	5 000
Total Assets	5 000	62 000	43 000	0
Total Equity	−75 000	−31 000	−26 000	−40 000

Income (NOK)	2022	2021	2020	2019
Revenue	205 000	334 000	360 000	53 000
Expenditure	249 000	338 000	343 000	48 000
Operating Profit	−43 000	−4 000	17 000	5 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	−44 000	−5 000	17 000	5 000
Tax	0	0	4 000	0
Net Income	−44 000	−5 000	14 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	5 000	62 000	43 000	0
Total Assets	5 000	62 000	43 000	0
Total Retained Equity	−105 000	−61 000	−56 000	−70 000
Total Equity	−75 000	−31 000	−26 000	−40 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	80 000	94 000	70 000	40 000
Total Equity and Debt	5 000	62 000	43 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	205 000	334 000	360 000	53 000
Other Income	0	0	0	0
Revenue	205 000	334 000	360 000	53 000
Cost of Goods Sold	1 000	74 000	173 000	53 000
Salary Costs	129 000	91 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	249 000	338 000	343 000	48 000
Operating Profit	−43 000	−4 000	17 000	5 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	−44 000	−5 000	14 000	5 000

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	0	7 000	0	0
Total Current Assets	5 000	62 000	43 000	0
Total Assets	5 000	62 000	43 000	0
Total Equity	−75 000	−31 000	−26 000	−40 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	11 000	31 000	0
Unpaid Taxes	77 000	78 000	35 000	0
Dividends	0	0	0	0
Other Current Debt	0	4 000	0	40 000
Total Current Debt	80 000	94 000	70 000	40 000
Total Equity and Debt	5 000	62 000	43 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	58,67 %	16,13 %	−53,85 %	−12,5 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−20,98 %	−1,2 %	4,72 %	9,43 %
Current Ratio	0,06	0,66	0,61	0
Quick Ratio	0,06	0,66	0,61	0
Equity Ratio	−15	−0,5	−0,6	-
Gross Profit Margin	99,51 %	77,84 %	51,94 %	0 %