SHN GROUP AS

0565 OSLO

Finances

Share Ownership

Return on Equity

43,02 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 987 000	2 156 000	695 000	584 000
Net Income	348 000	482 000	−119 000	68 000
Total Assets	2 423 000	1 134 000	252 000	483 000
Total Equity	809 000	461 000	−21 000	98 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 987 000	2 156 000	695 000	584 000
Expenditure	6 596 000	1 494 000	880 000	491 000
Operating Profit	392 000	661 000	−132 000	93 000
Financial Income	31 000	2 000	0	1 000
Financial Costs	11 000	15 000	20 000	6 000
Financial Balance	20 000	−13 000	−20 000	−5 000
Earnings Before Tax	412 000	648 000	−153 000	87 000
Tax	64 000	166 000	−34 000	19 000
Net Income	348 000	482 000	−119 000	68 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	339 000	0	34 000	15 000
Total Current Assets	2 084 000	1 134 000	219 000	468 000
Total Assets	2 423 000	1 134 000	252 000	483 000
Total Retained Equity	779 000	431 000	−51 000	68 000
Total Equity	809 000	461 000	−21 000	98 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 614 000	673 000	273 000	385 000
Total Equity and Debt	2 423 000	1 134 000	252 000	483 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 924 000	2 141 000	695 000	584 000
Other Income	64 000	15 000	0	0
Revenue	6 987 000	2 156 000	695 000	584 000
Cost of Goods Sold	4 490 000	1 104 000	548 000	324 000
Salary Costs	695 000	0	0	10 000
Depreciation	25 000	0	0	0
Impairment	0	0	0	0
Expenditure	6 596 000	1 494 000	880 000	491 000
Operating Profit	392 000	661 000	−132 000	93 000
Financial Income	31 000	2 000	0	1 000
Financial Costs	11 000	15 000	20 000	6 000
Financial Balance	20 000	−13 000	−20 000	−5 000
Dividends	0	0	0	0
Net Income	348 000	482 000	−119 000	68 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	34 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	339 000	0	0	0
Total Tangible Assets	339 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	15 000
Total Fixed Assets	339 000	0	34 000	15 000
Stock	192 000	103 000	53 000	0
Total Investments	0	0	0	0
Cash, Bank	1 646 000	178 000	145 000	395 000
Total Current Assets	2 084 000	1 134 000	219 000	468 000
Total Assets	2 423 000	1 134 000	252 000	483 000
Total Equity	809 000	461 000	−21 000	98 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	215 000	85 000	6 000	56 000
Unpaid Taxes	128 000	198 000	10 000	30 000
Dividends	0	0	0	0
Other Current Debt	1 187 000	257 000	257 000	280 000
Total Current Debt	1 614 000	673 000	273 000	385 000
Total Equity and Debt	2 423 000	1 134 000	252 000	483 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,02 %	104,56 %	566,67 %	69,39 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	5,61 %	30,66 %	−18,99 %	15,92 %
Current Ratio	1,29	1,68	0,8	1,22
Quick Ratio	1,47	1,99	1	1,22
Equity Ratio	0,33	0,41	−0,08	0,2
Gross Profit Margin	35,74 %	48,79 %	21,15 %	44,52 %