SHIBESOFT AS

1604 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

91,72 %

Current Ratio

2,82

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	912 000	366 000	70 000	0
Net Income	421 000	−1 000	42 000	0
Total Assets	691 000	173 000	47 000	7 000
Total Equity	459 000	38 000	39 000	−3 000

Income (NOK)	2022	2021	2020
Revenue	912 000	366 000	70 000
Expenditure	372 000	356 000	28 000
Operating Profit	541 000	10 000	42 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	541 000	10 000	42 000
Tax	120 000	11 000	0
Net Income	421 000	−1 000	42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	194 000	117 000	0	0
Total Current Assets	497 000	56 000	47 000	7 000
Total Assets	691 000	173 000	47 000	7 000
Total Retained Equity	429 000	8 000	9 000	−33 000
Total Equity	459 000	38 000	39 000	−3 000
Total Long-Term Debt	57 000	85 000	10 000	10 000
Total Current Debt	176 000	50 000	−2 000	0
Total Equity and Debt	691 000	173 000	47 000	7 000

Cash flow (NOK)	2022	2021	2020
Sales Income	912 000	366 000	70 000
Other Income	0	0	0
Revenue	912 000	366 000	70 000
Cost of Goods Sold	182 000	214 000	0
Salary Costs	0	0	0
Depreciation	61 000	21 000	0
Impairment	0	0	0
Expenditure	372 000	356 000	28 000
Operating Profit	541 000	10 000	42 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	421 000	−1 000	42 000

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	194 000	117 000	0	0
Total Tangible Assets	194 000	117 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	194 000	117 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	166 000	56 000	41 000	7 000
Total Current Assets	497 000	56 000	47 000	7 000
Total Assets	691 000	173 000	47 000	7 000
Total Equity	459 000	38 000	39 000	−3 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	57 000	85 000	10 000	10 000
Creditors	0	60 000	0	0
Unpaid Taxes	59 000	−13 000	−2 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	176 000	50 000	−2 000	0
Total Equity and Debt	691 000	173 000	47 000	7 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,72 %	−2,63 %	107,69 %	−0 %
Debt-to-Equity Ratio	0,12	2,24	0,26	−3,33
Operating Profit Margin	59,32 %	2,73 %	60 %	-
Current Ratio	2,82	1,12	−23,5	-
Quick Ratio	2,82	1,12	−23,5	-
Equity Ratio	0,66	0,22	0,83	−0,43
Gross Profit Margin	80,04 %	41,53 %	100 %	-