SILKEVEIEN AS

3472 BØDALEN

Finances

Share Ownership

Return on Equity

20 %

Current Ratio

0,23

Debt-to-Equity Ratio

−0,84

Key figures (NOK)	2021	2020	2019	2018
Revenue	435 000	644 000	570 000	187 000
Net Income	−174 000	64 000	62 000	−204 000
Total Assets	43 000	118 000	−448 000	442 000
Total Equity	−870 000	−431 000	92 000	30 000

Income (NOK)	2021	2020	2019	2018
Revenue	435 000	644 000	570 000	187 000
Expenditure	608 000	563 000	509 000	391 000
Operating Profit	−174 000	81 000	62 000	−204 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−174 000	81 000	62 000	−204 000
Tax	−1 000	18 000	0	0
Net Income	−174 000	64 000	62 000	−204 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	−420 000	420 000
Total Current Assets	43 000	118 000	−28 000	22 000
Total Assets	43 000	118 000	−448 000	442 000
Total Retained Equity	−900 000	−461 000	62 000	0
Total Equity	−870 000	−431 000	92 000	30 000
Total Long-Term Debt	728 000	728 000	728 000	215 000
Total Current Debt	185 000	86 000	695 000	197 000
Total Equity and Debt	43 000	384 000	1 514 000	442 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	435 000	644 000	570 000	187 000
Other Income	0	0	0	0
Revenue	435 000	644 000	570 000	187 000
Cost of Goods Sold	11 000	13 000	13 000	15 000
Salary Costs	32 000	124 000	15 000	13 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	608 000	563 000	509 000	391 000
Operating Profit	−174 000	81 000	62 000	−204 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−174 000	64 000	62 000	−204 000

Balance details (NOK)	2021	2020	2019	2018
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	−420 000	420 000
Total Fixed Assets	0	0	−420 000	420 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	−28 000	32 000
Total Current Assets	43 000	118 000	−28 000	22 000
Total Assets	43 000	118 000	−448 000	442 000
Total Equity	−870 000	−431 000	92 000	30 000
Short-Term Group Debt	0	0	192 000	192 000
Total Long-Term Debt	728 000	728 000	728 000	215 000
Creditors	7 000	29 000	498 000	0
Unpaid Taxes	−5 000	29 000	4 000	4 000
Dividends	0	0	0	0
Other Current Debt	9 000	9 000	0	0
Total Current Debt	185 000	86 000	695 000	197 000
Total Equity and Debt	43 000	384 000	1 514 000	442 000

Financial indicators	2021	2020	2019	2018
Return on Equity	20 %	−14,85 %	67,39 %	−680 %
Debt-to-Equity Ratio	−0,84	−1,69	7,91	7,17
Operating Profit Margin	−40 %	12,58 %	10,88 %	−109,09 %
Current Ratio	0,23	1,37	−0,04	0,11
Quick Ratio	0,23	1,37	−0,04	0,11
Equity Ratio	−20,23	−3,65	−0,21	0,07
Gross Profit Margin	97,47 %	97,98 %	97,72 %	91,98 %