XLINK COMPOSITES AS

4008 STAVANGER

Finances

Share Ownership

Return on Equity

4,11 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	450 000	264 000	106 000	98 000
Net Income	3 000	40 000	−78 000	−86 000
Total Assets	173 000	115 000	0	30 000
Total Equity	73 000	70 000	30 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	450 000	264 000	106 000	98 000
Expenditure	440 000	211 000	185 000	184 000
Operating Profit	10 000	53 000	−78 000	−86 000
Financial Income	0	1 000	0	0
Financial Costs	7 000	2 000	0	0
Financial Balance	−7 000	−1 000	0	0
Earnings Before Tax	4 000	51 000	−78 000	−86 000
Tax	1 000	11 000	0	0
Net Income	3 000	40 000	−78 000	−86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	173 000	115 000	0	30 000
Total Assets	173 000	115 000	0	30 000
Total Retained Equity	43 000	40 000	0	0
Total Equity	73 000	70 000	30 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	100 000	45 000	−30 000	0
Total Equity and Debt	173 000	115 000	0	30 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	450 000	264 000	106 000	98 000
Other Income	0	0	0	0
Revenue	450 000	264 000	106 000	98 000
Cost of Goods Sold	92 000	0	0	0
Salary Costs	0	0	100 000	98 000
Depreciation	0	0	7 000	0
Impairment	0	0	0	0
Expenditure	440 000	211 000	185 000	184 000
Operating Profit	10 000	53 000	−78 000	−86 000
Financial Income	0	1 000	0	0
Financial Costs	7 000	2 000	0	0
Financial Balance	−7 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	3 000	40 000	−78 000	−86 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	30 000
Cash, Bank	135 000	25 000	0	0
Total Current Assets	173 000	115 000	0	30 000
Total Assets	173 000	115 000	0	30 000
Total Equity	73 000	70 000	30 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	104 000	0	0	0
Unpaid Taxes	0	52 000	0	0
Dividends	0	0	0	0
Other Current Debt	−5 000	−19 000	0	0
Total Current Debt	100 000	45 000	−30 000	0
Total Equity and Debt	173 000	115 000	0	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,11 %	57,14 %	−260 %	−286,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,22 %	20,08 %	−73,58 %	−87,76 %
Current Ratio	1,73	2,56	−0	-
Quick Ratio	1,73	2,56	−0	-
Equity Ratio	0,42	0,61	-	1
Gross Profit Margin	79,56 %	100 %	100 %	100 %