SHINEFACTORY AS

3027 DRAMMEN

Finances

Share Ownership

Return on Equity

−59,46 %

Current Ratio

0,5

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 288 000	3 433 000	4 542 000	2 528 000
Net Income	66 000	−186 000	10 000	18 000
Total Assets	1 501 000	1 276 000	1 812 000	607 000
Total Equity	−111 000	−177 000	9 000	−1 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 288 000	3 433 000	4 542 000	2 528 000
Expenditure	4 195 000	3 592 000	4 497 000	2 505 000
Operating Profit	93 000	−158 000	45 000	23 000
Financial Income	4 000	6 000	0	0
Financial Costs	31 000	33 000	16 000	5 000
Financial Balance	−27 000	−27 000	−16 000	−5 000
Earnings Before Tax	66 000	−186 000	28 000	18 000
Tax	0	0	19 000	0
Net Income	66 000	−186 000	10 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	691 000	924 000	1 194 000	63 000
Total Current Assets	810 000	352 000	618 000	545 000
Total Assets	1 501 000	1 276 000	1 812 000	607 000
Total Retained Equity	−141 000	−207 000	−21 000	−31 000
Total Equity	−111 000	−177 000	9 000	−1 000
Total Long-Term Debt	0	216 000	375 000	0
Total Current Debt	1 612 000	1 237 000	1 428 000	609 000
Total Equity and Debt	1 501 000	1 276 000	1 812 000	607 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 222 000	3 381 000	4 507 000	2 528 000
Other Income	66 000	53 000	35 000	0
Revenue	4 288 000	3 433 000	4 542 000	2 528 000
Cost of Goods Sold	309 000	377 000	715 000	333 000
Salary Costs	1 789 000	1 370 000	2 341 000	1 351 000
Depreciation	273 000	270 000	126 000	15 000
Impairment	0	0	0	0
Expenditure	4 195 000	3 592 000	4 497 000	2 505 000
Operating Profit	93 000	−158 000	45 000	23 000
Financial Income	4 000	6 000	0	0
Financial Costs	31 000	33 000	16 000	5 000
Financial Balance	−27 000	−27 000	−16 000	−5 000
Dividends	0	0	0	0
Net Income	66 000	−186 000	10 000	18 000

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	37 000	0	0	0
Fixtures	464 000	735 000	1 005 000	0
Total Tangible Assets	502 000	735 000	1 005 000	0
Total Fiancial Fixed Assets	189 000	189 000	189 000	63 000
Total Fixed Assets	691 000	924 000	1 194 000	63 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	485 000	125 000	178 000	161 000
Total Current Assets	810 000	352 000	618 000	545 000
Total Assets	1 501 000	1 276 000	1 812 000	607 000
Total Equity	−111 000	−177 000	9 000	−1 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	216 000	375 000	0
Creditors	36 000	76 000	385 000	69 000
Unpaid Taxes	647 000	413 000	778 000	366 000
Dividends	0	0	0	0
Other Current Debt	928 000	748 000	246 000	173 000
Total Current Debt	1 612 000	1 237 000	1 428 000	609 000
Total Equity and Debt	1 501 000	1 276 000	1 812 000	607 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−59,46 %	105,08 %	111,11 %	−1 800 %
Debt-to-Equity Ratio	−0	−1,22	41,67	−0
Operating Profit Margin	2,17 %	−4,6 %	0,99 %	0,91 %
Current Ratio	0,5	0,28	0,43	0,89
Quick Ratio	0,5	0,28	0,43	0,89
Equity Ratio	−0,07	−0,14	0	−0
Gross Profit Margin	92,79 %	89,02 %	84,26 %	86,83 %