SKINWORKS AS

0166 OSLO

Finances

Share Ownership

Return on Equity

64,26 %

Current Ratio

0,27

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 026 000	1 145 000	1 440 000	1 647 000
Net Income	−151 000	−96 000	−84 000	−24 000
Total Assets	168 000	191 000	220 000	331 000
Total Equity	−235 000	−84 000	12 000	96 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 026 000	1 145 000	1 440 000	1 647 000
Expenditure	1 177 000	1 240 000	1 524 000	1 671 000
Operating Profit	−151 000	−95 000	−84 000	−24 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	−151 000	−96 000	−84 000	−24 000
Tax	0	0	0	0
Net Income	−151 000	−96 000	−84 000	−24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 000	60 000	60 000	75 000
Total Current Assets	108 000	131 000	160 000	256 000
Total Assets	168 000	191 000	220 000	331 000
Total Retained Equity	−525 000	−374 000	−278 000	−194 000
Total Equity	−235 000	−84 000	12 000	96 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	403 000	276 000	208 000	235 000
Total Equity and Debt	168 000	191 000	220 000	331 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 026 000	1 145 000	1 440 000	1 627 000
Other Income	0	0	0	20 000
Revenue	1 026 000	1 145 000	1 440 000	1 647 000
Cost of Goods Sold	741 000	812 000	1 086 000	1 209 000
Salary Costs	0	0	0	0
Depreciation	0	0	15 000	45 000
Impairment	0	0	0	0
Expenditure	1 177 000	1 240 000	1 524 000	1 671 000
Operating Profit	−151 000	−95 000	−84 000	−24 000
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	−151 000	−96 000	−84 000	−24 000

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	15 000
Total Tangible Assets	0	0	0	15 000
Total Fiancial Fixed Assets	60 000	60 000	60 000	60 000
Total Fixed Assets	60 000	60 000	60 000	75 000
Stock	56 000	26 000	36 000	40 000
Total Investments	0	0	0	0
Cash, Bank	52 000	104 000	124 000	194 000
Total Current Assets	108 000	131 000	160 000	256 000
Total Assets	168 000	191 000	220 000	331 000
Total Equity	−235 000	−84 000	12 000	96 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	280 000	56 000	46 000	36 000
Unpaid Taxes	6 000	6 000	8 000	24 000
Dividends	0	0	0	0
Other Current Debt	118 000	213 000	154 000	175 000
Total Current Debt	403 000	276 000	208 000	235 000
Total Equity and Debt	168 000	191 000	220 000	331 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,26 %	114,29 %	−700 %	−25 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−14,72 %	−8,3 %	−5,83 %	−1,46 %
Current Ratio	0,27	0,47	0,77	1,09
Quick Ratio	0,31	0,52	0,93	1,31
Equity Ratio	−1,4	−0,44	0,05	0,29
Gross Profit Margin	27,78 %	29,08 %	24,58 %	26,59 %