OAKENSHIELD AS

5914 ISDALSTØ

Finances

Return on Equity

−59,84 %

Current Ratio

0,72

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	112 000	0	0	112 000
Net Income	−73 000	−53 000	−14 000	−429 000
Total Assets	533 000	270 000	643 000	645 000
Total Equity	122 000	94 000	133 000	147 000

Income (NOK)	2022	2021	2020	2019
Revenue	112 000	0	0	112 000
Expenditure	206 000	57 000	17 000	520 000
Operating Profit	−94 000	−57 000	−17 000	−408 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−94 000	−57 000	−18 000	−408 000
Tax	−21 000	−4 000	−4 000	21 000
Net Income	−73 000	−53 000	−14 000	−429 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	238 000	219 000	311 000	327 000
Total Current Assets	295 000	51 000	332 000	318 000
Total Assets	533 000	270 000	643 000	645 000
Total Retained Equity	0	40 000	93 000	107 000
Total Equity	122 000	94 000	133 000	147 000
Total Long-Term Debt	4 000	0	0	0
Total Current Debt	407 000	176 000	509 000	498 000
Total Equity and Debt	533 000	270 000	643 000	645 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	82 000	0	0	112 000
Other Income	30 000	0	0	0
Revenue	112 000	0	0	112 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	8 000	0	0	0
Impairment	0	0	0	0
Expenditure	206 000	57 000	17 000	520 000
Operating Profit	−94 000	−57 000	−17 000	−408 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	225 000	0	0	0
Net Income	−73 000	−53 000	−14 000	−429 000

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	57 000	0	0	0
Total Tangible Assets	57 000	0	0	0
Total Fiancial Fixed Assets	181 000	219 000	311 000	327 000
Total Fixed Assets	238 000	219 000	311 000	327 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	100 000	29 000	8 000	2 000
Total Current Assets	295 000	51 000	332 000	318 000
Total Assets	533 000	270 000	643 000	645 000
Total Equity	122 000	94 000	133 000	147 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	0	0	0
Creditors	126 000	0	0	1 000
Unpaid Taxes	6 000	0	0	9 000
Dividends	225 000	0	0	0
Other Current Debt	275 000	176 000	509 000	467 000
Total Current Debt	407 000	176 000	509 000	498 000
Total Equity and Debt	533 000	270 000	643 000	645 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−59,84 %	−56,38 %	−10,53 %	−291,84 %
Debt-to-Equity Ratio	0,03	0	0	0
Operating Profit Margin	−83,93 %	-	-	−364,29 %
Current Ratio	0,72	0,29	0,65	0,64
Quick Ratio	0,72	0,29	0,65	0,64
Equity Ratio	0,23	0,35	0,21	0,23
Gross Profit Margin	100 %	-	-	100 %