SH MALER AS

0680 OSLO

Finances

Share Ownership

Return on Equity

−5,95 %

Current Ratio

1,33

Debt-to-Equity Ratio

2,23

Key figures (NOK)	2021	2020	2019	2018
Revenue	8 123 000	5 606 000	2 868 000	3 171 000
Net Income	−10 000	544 000	−510 000	301 000
Total Assets	1 181 000	1 516 000	694 000	938 000
Total Equity	168 000	378 000	−166 000	344 000

Income (NOK)	2021	2020	2019	2018
Revenue	8 123 000	5 606 000	2 868 000	3 171 000
Expenditure	8 102 000	5 010 000	3 372 000	2 780 000
Operating Profit	22 000	595 000	−504 000	392 000
Financial Income	0	0	0	0
Financial Costs	11 000	21 000	7 000	2 000
Financial Balance	−11 000	−21 000	−7 000	−2 000
Earnings Before Tax	10 000	574 000	−511 000	390 000
Tax	20 000	30 000	−1 000	89 000
Net Income	−10 000	544 000	−510 000	301 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	330 000	110 000	149 000	14 000
Total Current Assets	850 000	1 406 000	545 000	923 000
Total Assets	1 181 000	1 516 000	694 000	938 000
Total Retained Equity	149 000	359 000	−186 000	324 000
Total Equity	168 000	378 000	−166 000	344 000
Total Long-Term Debt	375 000	151 000	163 000	1 000
Total Current Debt	637 000	987 000	698 000	593 000
Total Equity and Debt	1 181 000	1 516 000	694 000	938 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	8 123 000	4 972 000	2 868 000	3 171 000
Other Income	0	634 000	0	0
Revenue	8 123 000	5 606 000	2 868 000	3 171 000
Cost of Goods Sold	1 668 000	1 058 000	502 000	1 122 000
Salary Costs	5 701 000	3 253 000	2 341 000	1 267 000
Depreciation	80 000	38 000	26 000	8 000
Impairment	0	0	0	0
Expenditure	8 102 000	5 010 000	3 372 000	2 780 000
Operating Profit	22 000	595 000	−504 000	392 000
Financial Income	0	0	0	0
Financial Costs	11 000	21 000	7 000	2 000
Financial Balance	−11 000	−21 000	−7 000	−2 000
Dividends	199 000	0	0	0
Net Income	−10 000	544 000	−510 000	301 000

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	330 000	110 000	149 000	14 000
Total Tangible Assets	330 000	110 000	149 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	330 000	110 000	149 000	14 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	310 000	581 000	179 000	730 000
Total Current Assets	850 000	1 406 000	545 000	923 000
Total Assets	1 181 000	1 516 000	694 000	938 000
Total Equity	168 000	378 000	−166 000	344 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	375 000	151 000	163 000	1 000
Creditors	114 000	153 000	26 000	18 000
Unpaid Taxes	675 000	828 000	453 000	370 000
Dividends	199 000	0	0	0
Other Current Debt	−369 000	−20 000	219 000	116 000
Total Current Debt	637 000	987 000	698 000	593 000
Total Equity and Debt	1 181 000	1 516 000	694 000	938 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−5,95 %	143,92 %	307,23 %	87,5 %
Debt-to-Equity Ratio	2,23	0,4	−0,98	0
Operating Profit Margin	0,27 %	10,61 %	−17,57 %	12,36 %
Current Ratio	1,33	1,42	0,78	1,56
Quick Ratio	1,33	1,42	0,78	1,56
Equity Ratio	0,14	0,25	−0,24	0,37
Gross Profit Margin	79,47 %	81,13 %	82,5 %	64,62 %