SUN-GLIDE AS

4011 STAVANGER

Finances

Share Ownership

Return on Equity

38,58 %

Current Ratio

−0

Debt-to-Equity Ratio

−1,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 000	60 000	135 000	116 000
Net Income	−169 000	−70 000	−240 000	11 000
Total Assets	0	0	5 000	128 000
Total Equity	−438 000	30 000	−205 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 000	60 000	135 000	116 000
Expenditure	207 000	131 000	375 000	105 000
Operating Profit	−169 000	−70 000	−240 000	11 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−169 000	−70 000	−240 000	11 000
Tax	0	0	0	0
Net Income	−169 000	−70 000	−240 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	0	0	5 000	128 000
Total Assets	0	0	5 000	128 000
Total Retained Equity	−468 000	0	−229 000	0
Total Equity	−438 000	30 000	−205 000	30 000
Total Long-Term Debt	445 000	0	0	98 000
Total Current Debt	−7 000	0	210 000	0
Total Equity and Debt	0	30 000	5 000	128 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 000	60 000	135 000	116 000
Other Income	0	0	0	0
Revenue	39 000	60 000	135 000	116 000
Cost of Goods Sold	20 000	18 000	147 000	21 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	207 000	131 000	375 000	105 000
Operating Profit	−169 000	−70 000	−240 000	11 000
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	−169 000	−70 000	−240 000	11 000

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	0
Cash, Bank	0	0	5 000	29 000
Total Current Assets	0	0	5 000	128 000
Total Assets	0	0	5 000	128 000
Total Equity	−438 000	30 000	−205 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	445 000	0	0	98 000
Creditors	0	0	43 000	0
Unpaid Taxes	0	0	−10 000	0
Dividends	0	0	0	0
Other Current Debt	−7 000	0	150 000	0
Total Current Debt	−7 000	0	210 000	0
Total Equity and Debt	0	30 000	5 000	128 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,58 %	−233,33 %	117,07 %	36,67 %
Debt-to-Equity Ratio	−1,02	0	−0	3,27
Operating Profit Margin	−433,33 %	−116,67 %	−177,78 %	9,48 %
Current Ratio	−0	-	0,02	-
Quick Ratio	−0	-	0,02	-
Equity Ratio	-	-	−41	0,23
Gross Profit Margin	48,72 %	70 %	−8,89 %	81,9 %