SHINE FASHION AS

3320 VESTFOSSEN

Finances

Share Ownership

Return on Equity

109,51 %

Current Ratio

0,39

Debt-to-Equity Ratio

−0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	641 000	1 278 000	1 658 000	2 304 000
Net Income	−311 000	−197 000	−222 000	150 000
Total Assets	62 000	625 000	787 000	904 000
Total Equity	−284 000	27 000	224 000	446 000

Income (NOK)	2022	2021	2020	2019
Revenue	641 000	1 278 000	1 658 000	2 304 000
Expenditure	943 000	1 519 000	1 872 000	2 101 000
Operating Profit	−302 000	−241 000	−214 000	203 000
Financial Income	0	1 000	0	0
Financial Costs	9 000	3 000	8 000	8 000
Financial Balance	−9 000	−2 000	−8 000	−8 000
Earnings Before Tax	−311 000	−243 000	−222 000	196 000
Tax	0	−46 000	0	46 000
Net Income	−311 000	−197 000	−222 000	150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	11 000	26 000
Total Current Assets	62 000	625 000	776 000	878 000
Total Assets	62 000	625 000	787 000	904 000
Total Retained Equity	−314 000	−3 000	194 000	416 000
Total Equity	−284 000	27 000	224 000	446 000
Total Long-Term Debt	187 000	296 000	241 000	89 000
Total Current Debt	159 000	302 000	322 000	370 000
Total Equity and Debt	62 000	625 000	787 000	904 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	599 000	1 087 000	1 624 000	2 304 000
Other Income	42 000	191 000	34 000	0
Revenue	641 000	1 278 000	1 658 000	2 304 000
Cost of Goods Sold	631 000	551 000	890 000	1 054 000
Salary Costs	615 000	500 000	657 000	647 000
Depreciation	0	11 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	943 000	1 519 000	1 872 000	2 101 000
Operating Profit	−302 000	−241 000	−214 000	203 000
Financial Income	0	1 000	0	0
Financial Costs	9 000	3 000	8 000	8 000
Financial Balance	−9 000	−2 000	−8 000	−8 000
Dividends	0	0	0	0
Net Income	−311 000	−197 000	−222 000	150 000

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	11 000	26 000
Total Tangible Assets	0	0	11 000	26 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	11 000	26 000
Stock	0	557 000	686 000	641 000
Total Investments	0	0	0	0
Cash, Bank	62 000	65 000	54 000	213 000
Total Current Assets	62 000	625 000	776 000	878 000
Total Assets	62 000	625 000	787 000	904 000
Total Equity	−284 000	27 000	224 000	446 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	187 000	296 000	241 000	89 000
Creditors	3 000	153 000	171 000	16 000
Unpaid Taxes	−6 000	64 000	35 000	92 000
Dividends	0	0	0	0
Other Current Debt	162 000	85 000	116 000	216 000
Total Current Debt	159 000	302 000	322 000	370 000
Total Equity and Debt	62 000	625 000	787 000	904 000

Financial indicators	2022	2021	2020	2019
Return on Equity	109,51 %	−729,63 %	−99,11 %	33,63 %
Debt-to-Equity Ratio	−0,66	10,96	1,08	0,2
Operating Profit Margin	−47,11 %	−18,86 %	−12,91 %	8,81 %
Current Ratio	0,39	2,07	2,41	2,37
Quick Ratio	0,39	−2,45	−2,13	−3,24
Equity Ratio	−4,58	0,04	0,28	0,49
Gross Profit Margin	1,56 %	56,89 %	46,32 %	54,25 %