STRETCH WRAP NORWAY AS

1400 SKI

Finances

Share Ownership

Return on Equity

−21,97 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 056 000	18 030 000	13 132 000	3 352 000
Net Income	−67 000	−88 000	486 000	−66 000
Total Assets	3 581 000	6 023 000	2 759 000	4 039 000
Total Equity	305 000	372 000	460 000	−42 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 056 000	18 030 000	13 132 000	3 352 000
Expenditure	20 145 000	18 161 000	12 507 000	3 437 000
Operating Profit	−90 000	−132 000	625 000	−85 000
Financial Income	37 000	31 000	0	41 000
Financial Costs	33 000	12 000	1 000	38 000
Financial Balance	4 000	19 000	−1 000	3 000
Earnings Before Tax	−86 000	−113 000	624 000	−82 000
Tax	−19 000	−25 000	137 000	−16 000
Net Income	−67 000	−88 000	486 000	−66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 000	25 000	0	16 000
Total Current Assets	3 537 000	5 998 000	2 759 000	4 023 000
Total Assets	3 581 000	6 023 000	2 759 000	4 039 000
Total Retained Equity	275 000	342 000	430 000	−72 000
Total Equity	305 000	372 000	460 000	−42 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 276 000	5 651 000	2 300 000	4 081 000
Total Equity and Debt	3 581 000	6 023 000	2 759 000	4 039 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 056 000	18 030 000	13 132 000	3 352 000
Other Income	0	0	0	0
Revenue	20 056 000	18 030 000	13 132 000	3 352 000
Cost of Goods Sold	19 174 000	17 255 000	11 556 000	3 192 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	20 145 000	18 161 000	12 507 000	3 437 000
Operating Profit	−90 000	−132 000	625 000	−85 000
Financial Income	37 000	31 000	0	41 000
Financial Costs	33 000	12 000	1 000	38 000
Financial Balance	4 000	19 000	−1 000	3 000
Dividends	0	0	0	0
Net Income	−67 000	−88 000	486 000	−66 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	44 000	25 000	0	16 000
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	44 000	25 000	0	16 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	841 000	2 817 000	750 000	1 555 000
Total Current Assets	3 537 000	5 998 000	2 759 000	4 023 000
Total Assets	3 581 000	6 023 000	2 759 000	4 039 000
Total Equity	305 000	372 000	460 000	−42 000
Short-Term Group Debt	2 104 000	2 604 000	1 502 000	2 916 000
Total Long-Term Debt	0	0	0	0
Creditors	577 000	1 461 000	309 000	520 000
Unpaid Taxes	562 000	1 463 000	367 000	561 000
Dividends	0	0	0	0
Other Current Debt	33 000	122 000	0	84 000
Total Current Debt	3 276 000	5 651 000	2 300 000	4 081 000
Total Equity and Debt	3 581 000	6 023 000	2 759 000	4 039 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,97 %	−23,66 %	105,65 %	157,14 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−0,45 %	−0,73 %	4,76 %	−2,54 %
Current Ratio	1,08	1,06	1,2	0,99
Quick Ratio	1,08	1,06	1,2	0,99
Equity Ratio	0,09	0,06	0,17	−0,01
Gross Profit Margin	4,4 %	4,3 %	12 %	4,77 %