NAILS INDUSTRY AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

−89,77 %

Current Ratio

0,63

Debt-to-Equity Ratio

−2,1

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 232 000	1 218 000	1 286 000	580 000
Net Income	79 000	5 000	−171 000	−19 000
Total Assets	597 000	551 000	290 000	44 000
Total Equity	−88 000	−166 000	−171 000	−1 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 232 000	1 218 000	1 286 000	580 000
Expenditure	1 133 000	1 210 000	1 454 000	597 000
Operating Profit	99 000	9 000	−168 000	−17 000
Financial Income	2 000	1 000	0	0
Financial Costs	19 000	4 000	3 000	2 000
Financial Balance	−17 000	−3 000	−3 000	−2 000
Earnings Before Tax	82 000	5 000	−171 000	−19 000
Tax	3 000	0	0	0
Net Income	79 000	5 000	−171 000	−19 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	283 000	300 000	17 000	2 000
Total Current Assets	314 000	251 000	273 000	42 000
Total Assets	597 000	551 000	290 000	44 000
Total Retained Equity	−112 000	−191 000	−196 000	−25 000
Total Equity	−88 000	−166 000	−171 000	−1 000
Total Long-Term Debt	185 000	234 000	0	0
Total Current Debt	500 000	484 000	461 000	45 000
Total Equity and Debt	597 000	551 000	290 000	44 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 049 000	1 178 000	1 286 000	580 000
Other Income	183 000	40 000	0	0
Revenue	1 232 000	1 218 000	1 286 000	580 000
Cost of Goods Sold	291 000	266 000	349 000	265 000
Salary Costs	106 000	283 000	287 000	83 000
Depreciation	28 000	14 000	3 000	0
Impairment	0	0	0	0
Expenditure	1 133 000	1 210 000	1 454 000	597 000
Operating Profit	99 000	9 000	−168 000	−17 000
Financial Income	2 000	1 000	0	0
Financial Costs	19 000	4 000	3 000	2 000
Financial Balance	−17 000	−3 000	−3 000	−2 000
Dividends	0	0	0	0
Net Income	79 000	5 000	−171 000	−19 000

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	211 000	238 000	17 000	2 000
Total Tangible Assets	211 000	238 000	17 000	2 000
Total Fiancial Fixed Assets	73 000	62 000	0	0
Total Fixed Assets	283 000	300 000	17 000	2 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	248 000	211 000	235 000	36 000
Total Current Assets	314 000	251 000	273 000	42 000
Total Assets	597 000	551 000	290 000	44 000
Total Equity	−88 000	−166 000	−171 000	−1 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	185 000	234 000	0	0
Creditors	63 000	18 000	55 000	0
Unpaid Taxes	27 000	79 000	53 000	38 000
Dividends	0	0	0	0
Other Current Debt	403 000	387 000	353 000	6 000
Total Current Debt	500 000	484 000	461 000	45 000
Total Equity and Debt	597 000	551 000	290 000	44 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−89,77 %	−3,01 %	100 %	1 900 %
Debt-to-Equity Ratio	−2,1	−1,41	−0	−0
Operating Profit Margin	8,04 %	0,74 %	−13,06 %	−2,93 %
Current Ratio	0,63	0,52	0,59	0,93
Quick Ratio	0,63	0,52	0,59	0,93
Equity Ratio	−0,15	−0,3	−0,59	−0,02
Gross Profit Margin	76,38 %	78,16 %	72,86 %	54,31 %