ZINCIN AS

3048 DRAMMEN

Finances

Share Ownership

Return on Equity

213,56 %

Current Ratio

1,31

Debt-to-Equity Ratio

−3,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	213 000	609 000	604 000	0
Net Income	−630 000	−1 545 000	−900 000	−85 000
Total Assets	998 000	944 000	1 513 000	1 370 000
Total Equity	−295 000	−1 036 000	68 000	968 000

Income (NOK)	2022	2021	2020	2019
Revenue	213 000	609 000	604 000	0
Expenditure	790 000	2 152 000	1 503 000	86 000
Operating Profit	−577 000	−1 543 000	−900 000	−85 000
Financial Income	0	0	0	0
Financial Costs	53 000	2 000	0	0
Financial Balance	−53 000	−2 000	0	0
Earnings Before Tax	−630 000	−1 545 000	−900 000	−85 000
Tax	0	0	0	0
Net Income	−630 000	−1 545 000	−900 000	−85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	505 000	526 000	551 000	561 000
Total Current Assets	492 000	418 000	961 000	809 000
Total Assets	998 000	944 000	1 513 000	1 370 000
Total Retained Equity	−3 161 000	−2 530 000	−985 000	−85 000
Total Equity	−295 000	−1 036 000	68 000	968 000
Total Long-Term Debt	915 000	1 486 000	900 000	395 000
Total Current Debt	377 000	493 000	545 000	8 000
Total Equity and Debt	998 000	944 000	1 513 000	1 370 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	201 000	587 000	604 000	0
Other Income	13 000	23 000	0	0
Revenue	213 000	609 000	604 000	0
Cost of Goods Sold	81 000	381 000	228 000	49 000
Salary Costs	430 000	1 377 000	900 000	0
Depreciation	20 000	20 000	10 000	0
Impairment	0	0	0	0
Expenditure	790 000	2 152 000	1 503 000	86 000
Operating Profit	−577 000	−1 543 000	−900 000	−85 000
Financial Income	0	0	0	0
Financial Costs	53 000	2 000	0	0
Financial Balance	−53 000	−2 000	0	0
Dividends	0	0	0	0
Net Income	−630 000	−1 545 000	−900 000	−85 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	455 000	455 000	455 000	455 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	51 000	71 000	91 000	101 000
Total Tangible Assets	51 000	71 000	91 000	101 000
Total Fiancial Fixed Assets	0	0	5 000	5 000
Total Fixed Assets	505 000	526 000	551 000	561 000
Stock	200 000	261 000	363 000	0
Total Investments	0	0	0	0
Cash, Bank	288 000	74 000	587 000	809 000
Total Current Assets	492 000	418 000	961 000	809 000
Total Assets	998 000	944 000	1 513 000	1 370 000
Total Equity	−295 000	−1 036 000	68 000	968 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	915 000	1 486 000	900 000	395 000
Creditors	266 000	291 000	322 000	8 000
Unpaid Taxes	44 000	83 000	81 000	0
Dividends	0	0	0	0
Other Current Debt	67 000	119 000	141 000	0
Total Current Debt	377 000	493 000	545 000	8 000
Total Equity and Debt	998 000	944 000	1 513 000	1 370 000

Financial indicators	2022	2021	2020	2019
Return on Equity	213,56 %	149,13 %	−1 323,53 %	−8,78 %
Debt-to-Equity Ratio	−3,1	−1,43	13,24	0,41
Operating Profit Margin	−270,89 %	−253,37 %	−149,01 %	-
Current Ratio	1,31	0,85	1,76	101,13
Quick Ratio	2,78	1,8	5,28	101,13
Equity Ratio	−0,3	−1,1	0,04	0,71
Gross Profit Margin	61,97 %	37,44 %	62,25 %	-