COLD SKILLS NORWAY AS

2420 TRYSIL

Finances

Share Ownership

Return on Equity

200,3 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 658 000	5 143 000	1 379 000	2 253 000
Net Income	677 000	−157 000	−807 000	−473 000
Total Assets	2 780 000	3 590 000	1 382 000	1 106 000
Total Equity	338 000	−338 000	−181 000	625 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 658 000	5 143 000	1 379 000	2 253 000
Expenditure	6 975 000	5 245 000	2 158 000	3 481 000
Operating Profit	682 000	−102 000	−779 000	−1 227 000
Financial Income	141 000	14 000	23 000	784 000
Financial Costs	146 000	68 000	51 000	30 000
Financial Balance	−5 000	−54 000	−28 000	754 000
Earnings Before Tax	677 000	−157 000	−807 000	−473 000
Tax	0	0	0	0
Net Income	677 000	−157 000	−807 000	−473 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	13 000	19 000	148 000
Total Current Assets	2 726 000	3 577 000	1 363 000	959 000
Total Assets	2 780 000	3 590 000	1 382 000	1 106 000
Total Retained Equity	288 000	−388 000	−231 000	575 000
Total Equity	338 000	−338 000	−181 000	625 000
Total Long-Term Debt	238 000	793 000	633 000	135 000
Total Current Debt	2 204 000	3 135 000	931 000	346 000
Total Equity and Debt	2 780 000	3 590 000	1 382 000	1 106 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 658 000	5 143 000	1 379 000	2 253 000
Other Income	0	0	0	0
Revenue	7 658 000	5 143 000	1 379 000	2 253 000
Cost of Goods Sold	5 050 000	3 447 000	893 000	1 649 000
Salary Costs	913 000	984 000	664 000	1 077 000
Depreciation	18 000	6 000	6 000	41 000
Impairment	0	0	0	0
Expenditure	6 975 000	5 245 000	2 158 000	3 481 000
Operating Profit	682 000	−102 000	−779 000	−1 227 000
Financial Income	141 000	14 000	23 000	784 000
Financial Costs	146 000	68 000	51 000	30 000
Financial Balance	−5 000	−54 000	−28 000	754 000
Dividends	0	0	0	0
Net Income	677 000	−157 000	−807 000	−473 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	48 000	0	0	117 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 000	13 000	19 000	25 000
Total Tangible Assets	6 000	13 000	19 000	25 000
Total Fiancial Fixed Assets	0	0	0	5 000
Total Fixed Assets	54 000	13 000	19 000	148 000
Stock	1 856 000	2 700 000	1 169 000	630 000
Total Investments	0	0	0	0
Cash, Bank	843 000	202 000	22 000	120 000
Total Current Assets	2 726 000	3 577 000	1 363 000	959 000
Total Assets	2 780 000	3 590 000	1 382 000	1 106 000
Total Equity	338 000	−338 000	−181 000	625 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	238 000	793 000	633 000	135 000
Creditors	2 018 000	2 517 000	194 000	157 000
Unpaid Taxes	39 000	171 000	26 000	85 000
Dividends	0	0	0	0
Other Current Debt	147 000	446 000	710 000	104 000
Total Current Debt	2 204 000	3 135 000	931 000	346 000
Total Equity and Debt	2 780 000	3 590 000	1 382 000	1 106 000

Financial indicators	2022	2021	2020	2019
Return on Equity	200,3 %	46,45 %	445,86 %	−75,68 %
Debt-to-Equity Ratio	0,7	−2,35	−3,5	0,22
Operating Profit Margin	8,91 %	−1,98 %	−56,49 %	−54,46 %
Current Ratio	1,24	1,14	1,46	2,77
Quick Ratio	7,83	8,22	−5,73	−3,38
Equity Ratio	0,12	−0,09	−0,13	0,57
Gross Profit Margin	34,06 %	32,98 %	35,24 %	26,81 %