SHORELINE AS

4014 STAVANGER

Finances

Return on Equity

−55,41 %

Current Ratio

2,26

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 315 000	12 164 000	10 389 000	7 260 000
Net Income	−29 116 000	−20 491 000	−19 204 000	−12 297 000
Total Assets	79 232 000	37 396 000	48 223 000	22 628 000
Total Equity	52 548 000	9 840 000	30 371 000	1 669 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 315 000	12 164 000	10 389 000	7 260 000
Expenditure	48 622 000	32 463 000	28 091 000	18 910 000
Operating Profit	−33 307 000	−20 299 000	−17 702 000	−11 650 000
Financial Income	9 123 000	565 000	1 846 000	107 000
Financial Costs	4 932 000	757 000	3 348 000	754 000
Financial Balance	4 191 000	−192 000	−1 502 000	−647 000
Earnings Before Tax	−29 116 000	−20 491 000	−19 204 000	−12 297 000
Tax	0	0	0	0
Net Income	−29 116 000	−20 491 000	−19 204 000	−12 297 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 106 000	33 119 000	31 099 000	20 302 000
Total Current Assets	40 126 000	4 277 000	17 123 000	2 325 000
Total Assets	79 232 000	37 396 000	48 223 000	22 628 000
Total Retained Equity	0	0	0	−23 510 000
Total Equity	52 548 000	9 840 000	30 371 000	1 669 000
Total Long-Term Debt	8 900 000	9 000 000	9 000 000	12 611 000
Total Current Debt	17 784 000	18 556 000	8 851 000	8 348 000
Total Equity and Debt	79 232 000	37 396 000	48 223 000	22 628 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 315 000	12 164 000	10 389 000	7 260 000
Other Income	0	0	0	0
Revenue	15 315 000	12 164 000	10 389 000	7 260 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 552 000	6 666 000	4 948 000	5 000 000
Depreciation	11 144 000	10 256 000	7 274 000	4 019 000
Impairment	0	0	0	0
Expenditure	48 622 000	32 463 000	28 091 000	18 910 000
Operating Profit	−33 307 000	−20 299 000	−17 702 000	−11 650 000
Financial Income	9 123 000	565 000	1 846 000	107 000
Financial Costs	4 932 000	757 000	3 348 000	754 000
Financial Balance	4 191 000	−192 000	−1 502 000	−647 000
Dividends	0	0	0	0
Net Income	−29 116 000	−20 491 000	−19 204 000	−12 297 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 848 000	32 903 000	30 951 000	20 223 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	93 000	51 000	52 000	10 000
Total Tangible Assets	93 000	51 000	52 000	10 000
Total Fiancial Fixed Assets	165 000	165 000	96 000	69 000
Total Fixed Assets	39 106 000	33 119 000	31 099 000	20 302 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	30 132 000	1 006 000	11 762 000	852 000
Total Current Assets	40 126 000	4 277 000	17 123 000	2 325 000
Total Assets	79 232 000	37 396 000	48 223 000	22 628 000
Total Equity	52 548 000	9 840 000	30 371 000	1 669 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 900 000	9 000 000	9 000 000	12 611 000
Creditors	3 793 000	9 525 000	4 103 000	1 606 000
Unpaid Taxes	1 020 000	596 000	595 000	502 000
Dividends	0	0	0	0
Other Current Debt	12 968 000	5 173 000	4 154 000	4 067 000
Total Current Debt	17 784 000	18 556 000	8 851 000	8 348 000
Total Equity and Debt	79 232 000	37 396 000	48 223 000	22 628 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−55,41 %	−208,24 %	−63,23 %	−736,79 %
Debt-to-Equity Ratio	0,17	0,91	0,3	7,56
Operating Profit Margin	−217,48 %	−166,88 %	−170,39 %	−160,47 %
Current Ratio	2,26	0,23	1,93	0,28
Quick Ratio	2,26	0,23	1,93	0,28
Equity Ratio	0,66	0,26	0,63	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %