SKIN FUEL EMPIRE HOLDING AS

5117 ULSET

Finances

Return on Equity

124,71 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	264 000	255 000	0	0
Net Income	323 000	250 000	8 000	−30 000
Total Assets	1 750 000	1 178 000	797 000	409 000
Total Equity	259 000	31 000	−19 000	−27 000

Income (NOK)	2022	2021	2020	2019
Revenue	264 000	255 000	0	0
Expenditure	395 000	321 000	130 000	30 000
Operating Profit	−130 000	−66 000	−130 000	−30 000
Financial Income	481 000	316 000	138 000	1 000
Financial Costs	0	0	0	0
Financial Balance	481 000	316 000	138 000	1 000
Earnings Before Tax	350 000	250 000	8 000	−30 000
Tax	27 000	0	0	0
Net Income	323 000	250 000	8 000	−30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	198 000	198 000	172 000	172 000
Total Current Assets	1 553 000	981 000	625 000	237 000
Total Assets	1 750 000	1 178 000	797 000	409 000
Total Retained Equity	229 000	1 000	−49 000	−57 000
Total Equity	259 000	31 000	−19 000	−27 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 492 000	1 147 000	816 000	436 000
Total Equity and Debt	1 750 000	1 178 000	797 000	409 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	213 000	230 000	0	0
Other Income	52 000	25 000	0	0
Revenue	264 000	255 000	0	0
Cost of Goods Sold	160 000	168 000	45 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	395 000	321 000	130 000	30 000
Operating Profit	−130 000	−66 000	−130 000	−30 000
Financial Income	481 000	316 000	138 000	1 000
Financial Costs	0	0	0	0
Financial Balance	481 000	316 000	138 000	1 000
Dividends	0	200 000	0	0
Net Income	323 000	250 000	8 000	−30 000

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	198 000	198 000	172 000	172 000
Total Fixed Assets	198 000	198 000	172 000	172 000
Stock	44 000	61 000	0	0
Total Investments	0	0	0	0
Cash, Bank	170 000	190 000	126 000	109 000
Total Current Assets	1 553 000	981 000	625 000	237 000
Total Assets	1 750 000	1 178 000	797 000	409 000
Total Equity	259 000	31 000	−19 000	−27 000
Short-Term Group Debt	705 000	427 000	369 000	108 000
Total Long-Term Debt	0	0	0	0
Creditors	4 000	34 000	1 000	0
Unpaid Taxes	20 000	13 000	0	0
Dividends	0	200 000	0	0
Other Current Debt	762 000	472 000	446 000	328 000
Total Current Debt	1 492 000	1 147 000	816 000	436 000
Total Equity and Debt	1 750 000	1 178 000	797 000	409 000

Financial indicators	2022	2021	2020	2019
Return on Equity	124,71 %	806,45 %	−42,11 %	111,11 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	−49,24 %	−25,88 %	-	-
Current Ratio	1,04	0,86	0,77	0,54
Quick Ratio	1,07	0,9	0,77	0,54
Equity Ratio	0,15	0,03	−0,02	−0,07
Gross Profit Margin	39,39 %	34,12 %	-	-