TEXSTYLE CORPORATION AS

2050 JESSHEIM

Finances

Share Ownership

Return on Equity

−11,2 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 152 000	2 562 000	1 027 000	264 000
Net Income	−29 000	226 000	39 000	−1 000
Total Assets	979 000	758 000	325 000	116 000
Total Equity	259 000	288 000	62 000	23 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 152 000	2 562 000	1 027 000	264 000
Expenditure	1 124 000	2 327 000	972 000	264 000
Operating Profit	29 000	236 000	55 000	0
Financial Income	0	0	0	0
Financial Costs	5 000	13 000	8 000	1 000
Financial Balance	−5 000	−13 000	−8 000	−1 000
Earnings Before Tax	25 000	224 000	47 000	−1 000
Tax	54 000	−2 000	8 000	0
Net Income	−29 000	226 000	39 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	25 000	28 000	17 000
Total Current Assets	958 000	733 000	296 000	99 000
Total Assets	979 000	758 000	325 000	116 000
Total Retained Equity	229 000	263 000	38 000	−1 000
Total Equity	259 000	288 000	62 000	23 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	720 000	470 000	263 000	92 000
Total Equity and Debt	979 000	758 000	325 000	116 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 152 000	2 562 000	1 027 000	264 000
Other Income	0	0	0	0
Revenue	1 152 000	2 562 000	1 027 000	264 000
Cost of Goods Sold	505 000	1 624 000	492 000	85 000
Salary Costs	207 000	373 000	261 000	128 000
Depreciation	4 000	4 000	4 000	1 000
Impairment	0	0	0	0
Expenditure	1 124 000	2 327 000	972 000	264 000
Operating Profit	29 000	236 000	55 000	0
Financial Income	0	0	0	0
Financial Costs	5 000	13 000	8 000	1 000
Financial Balance	−5 000	−13 000	−8 000	−1 000
Dividends	0	0	0	0
Net Income	−29 000	226 000	39 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	10 000	13 000	17 000
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	15 000	15 000	15 000	0
Total Fixed Assets	21 000	25 000	28 000	17 000
Stock	434 000	434 000	0	0
Total Investments	0	0	0	0
Cash, Bank	131 000	108 000	105 000	49 000
Total Current Assets	958 000	733 000	296 000	99 000
Total Assets	979 000	758 000	325 000	116 000
Total Equity	259 000	288 000	62 000	23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	0	1 000
Unpaid Taxes	615 000	465 000	225 000	77 000
Dividends	0	0	0	0
Other Current Debt	104 000	5 000	29 000	14 000
Total Current Debt	720 000	470 000	263 000	92 000
Total Equity and Debt	979 000	758 000	325 000	116 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,2 %	78,47 %	62,9 %	−4,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,52 %	9,21 %	5,36 %	0 %
Current Ratio	1,33	1,56	1,13	1,08
Quick Ratio	3,35	20,36	1,13	1,08
Equity Ratio	0,26	0,38	0,19	0,2
Gross Profit Margin	56,16 %	36,61 %	52,09 %	67,8 %