SHINING NORTHERN LIGHTS AS

9006 TROMSØ

Finances

Share Ownership

Return on Equity

−14,61 %

Current Ratio

8,7

Debt-to-Equity Ratio

−1,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	13 000
Net Income	26 000	−10 000	−8 000	−7 000
Total Assets	87 000	93 000	88 000	90 000
Total Equity	−178 000	−204 000	−194 000	−186 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	13 000
Expenditure	−26 000	10 000	8 000	21 000
Operating Profit	26 000	−10 000	−8 000	−8 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	1 000
Earnings Before Tax	26 000	−10 000	−8 000	−7 000
Tax	0	0	0	0
Net Income	26 000	−10 000	−8 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	87 000	93 000	88 000	90 000
Total Assets	87 000	93 000	88 000	90 000
Total Retained Equity	−199 000	−225 000	−215 000	−207 000
Total Equity	−178 000	−204 000	−194 000	−186 000
Total Long-Term Debt	255 000	245 000	235 000	230 000
Total Current Debt	10 000	52 000	47 000	45 000
Total Equity and Debt	87 000	93 000	88 000	90 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	13 000
Revenue	0	0	0	13 000
Cost of Goods Sold	0	0	0	0
Salary Costs	−36 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−26 000	10 000	8 000	21 000
Operating Profit	26 000	−10 000	−8 000	−8 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	1 000
Dividends	0	0	0	0
Net Income	26 000	−10 000	−8 000	−7 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	87 000	93 000	88 000	90 000
Total Current Assets	87 000	93 000	88 000	90 000
Total Assets	87 000	93 000	88 000	90 000
Total Equity	−178 000	−204 000	−194 000	−186 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	255 000	245 000	235 000	230 000
Creditors	1 000	6 000	2 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 000	45 000	45 000	45 000
Total Current Debt	10 000	52 000	47 000	45 000
Total Equity and Debt	87 000	93 000	88 000	90 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,61 %	4,9 %	4,12 %	3,76 %
Debt-to-Equity Ratio	−1,43	−1,2	−1,21	−1,24
Operating Profit Margin	-	-	-	−61,54 %
Current Ratio	8,7	1,79	1,87	2
Quick Ratio	8,7	1,79	1,87	2
Equity Ratio	−2,05	−2,19	−2,2	−2,07
Gross Profit Margin	-	-	-	100 %