SHINELAND HOLDING AS

0157 OSLO

Finances

Return on Equity

24,05 %

Current Ratio

0,61

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	750 000	750 000	125 000	0
Net Income	964 000	573 000	96 000	256 000
Total Assets	6 245 000	5 231 000	4 296 000	4 207 000
Total Equity	4 009 000	4 445 000	3 872 000	3 777 000

Income (NOK)	2022	2021	2020	2019
Revenue	750 000	750 000	125 000	0
Expenditure	19 000	15 000	16 000	14 000
Operating Profit	731 000	735 000	109 000	−14 000
Financial Income	394 000	0	0	271 000
Financial Costs	0	0	0	0
Financial Balance	394 000	0	0	271 000
Earnings Before Tax	1 125 000	735 000	109 000	256 000
Tax	161 000	162 000	14 000	0
Net Income	964 000	573 000	96 000	256 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 943 000	4 746 000	3 994 000	4 200 000
Total Current Assets	1 301 000	485 000	302 000	6 000
Total Assets	6 245 000	5 231 000	4 296 000	4 207 000
Total Retained Equity	3 859 000	4 295 000	3 722 000	3 627 000
Total Equity	4 009 000	4 445 000	3 872 000	3 777 000
Total Long-Term Debt	110 000	120 000	120 000	0
Total Current Debt	2 126 000	666 000	304 000	430 000
Total Equity and Debt	6 245 000	5 231 000	4 296 000	4 207 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	750 000	750 000	125 000	0
Other Income	0	0	0	0
Revenue	750 000	750 000	125 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	19 000	15 000	16 000	14 000
Operating Profit	731 000	735 000	109 000	−14 000
Financial Income	394 000	0	0	271 000
Financial Costs	0	0	0	0
Financial Balance	394 000	0	0	271 000
Dividends	1 400 000	0	0	0
Net Income	964 000	573 000	96 000	256 000

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	4 943 000	4 746 000	3 994 000	4 200 000
Total Fixed Assets	4 943 000	4 746 000	3 994 000	4 200 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 301 000	422 000	302 000	3 000
Total Current Assets	1 301 000	485 000	302 000	6 000
Total Assets	6 245 000	5 231 000	4 296 000	4 207 000
Total Equity	4 009 000	4 445 000	3 872 000	3 777 000
Short-Term Group Debt	275 000	275 000	0	0
Total Long-Term Debt	110 000	120 000	120 000	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	1 400 000	0	0	0
Other Current Debt	290 000	290 000	290 000	430 000
Total Current Debt	2 126 000	666 000	304 000	430 000
Total Equity and Debt	6 245 000	5 231 000	4 296 000	4 207 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,05 %	12,89 %	2,48 %	6,78 %
Debt-to-Equity Ratio	0,03	0,03	0,03	0
Operating Profit Margin	97,47 %	98 %	87,2 %	-
Current Ratio	0,61	0,73	0,99	0,01
Quick Ratio	0,61	0,73	0,99	0,01
Equity Ratio	0,64	0,85	0,9	0,9
Gross Profit Margin	100 %	100 %	100 %	-