SHADY SHADES AS

5519 HAUGESUND

Finances

Return on Equity

83,33 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	838 000	753 000	752 000	881 000
Net Income	45 000	−14 000	−37 000	1 000
Total Assets	270 000	194 000	138 000	114 000
Total Equity	54 000	9 000	23 000	59 000

Income (NOK)	2022	2021	2020	2019
Revenue	838 000	753 000	752 000	881 000
Expenditure	781 000	758 000	784 000	881 000
Operating Profit	57 000	−6 000	−31 000	1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	57 000	−6 000	−31 000	1 000
Tax	13 000	8 000	5 000	0
Net Income	45 000	−14 000	−37 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 000	18 000	21 000	30 000
Total Current Assets	212 000	176 000	117 000	84 000
Total Assets	270 000	194 000	138 000	114 000
Total Retained Equity	24 000	−21 000	−7 000	29 000
Total Equity	54 000	9 000	23 000	59 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	216 000	185 000	116 000	55 000
Total Equity and Debt	270 000	194 000	138 000	114 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	838 000	753 000	714 000	881 000
Other Income	0	0	38 000	0
Revenue	838 000	753 000	752 000	881 000
Cost of Goods Sold	4 000	21 000	68 000	54 000
Salary Costs	575 000	463 000	469 000	424 000
Depreciation	24 000	6 000	9 000	13 000
Impairment	0	0	0	0
Expenditure	781 000	758 000	784 000	881 000
Operating Profit	57 000	−6 000	−31 000	1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	45 000	−14 000	−37 000	1 000

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	42 000	0	0	0
Fixtures	13 000	15 000	21 000	30 000
Total Tangible Assets	55 000	15 000	21 000	30 000
Total Fiancial Fixed Assets	3 000	3 000	0	0
Total Fixed Assets	58 000	18 000	21 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	196 000	149 000	67 000	66 000
Total Current Assets	212 000	176 000	117 000	84 000
Total Assets	270 000	194 000	138 000	114 000
Total Equity	54 000	9 000	23 000	59 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	23 000	9 000	6 000	0
Unpaid Taxes	127 000	123 000	61 000	10 000
Dividends	0	0	0	0
Other Current Debt	53 000	45 000	44 000	45 000
Total Current Debt	216 000	185 000	116 000	55 000
Total Equity and Debt	270 000	194 000	138 000	114 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,33 %	−155,56 %	−160,87 %	1,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,8 %	−0,8 %	−4,12 %	0,11 %
Current Ratio	0,98	0,95	1,01	1,53
Quick Ratio	0,98	0,95	1,01	1,53
Equity Ratio	0,2	0,05	0,17	0,52
Gross Profit Margin	99,52 %	97,21 %	90,96 %	93,87 %