SHINE AS

0962 OSLO

Finances

Share Ownership

Return on Equity

19,76 %

Current Ratio

0,73

Debt-to-Equity Ratio

1,51

Key figures (NOK)	2022	2021	2020
Revenue	20 820 000	4 997 000	600 000
Net Income	197 000	552 000	−83 000
Total Assets	7 263 000	2 174 000	654 000
Total Equity	997 000	800 000	248 000

Income (NOK)	2022	2021	2020
Revenue	20 820 000	4 997 000	600 000
Expenditure	20 515 000	4 278 000	682 000
Operating Profit	306 000	719 000	−83 000
Financial Income	−1 000	0	0
Financial Costs	74 000	12 000	0
Financial Balance	−75 000	−12 000	0
Earnings Before Tax	231 000	707 000	−83 000
Tax	34 000	155 000	0
Net Income	197 000	552 000	−83 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 774 000	468 000	193 000
Total Current Assets	3 488 000	1 707 000	461 000
Total Assets	7 263 000	2 174 000	654 000
Total Retained Equity	667 000	470 000	−83 000
Total Equity	997 000	800 000	248 000
Total Long-Term Debt	1 510 000	0	0
Total Current Debt	4 755 000	1 375 000	407 000
Total Equity and Debt	7 263 000	2 174 000	654 000

Cash flow (NOK)	2022	2021	2020
Sales Income	20 820 000	4 997 000	600 000
Other Income	0	0	0
Revenue	20 820 000	4 997 000	600 000
Cost of Goods Sold	183 000	194 000	68 000
Salary Costs	15 504 000	2 723 000	281 000
Depreciation	225 000	123 000	57 000
Impairment	0	0	0
Expenditure	20 515 000	4 278 000	682 000
Operating Profit	306 000	719 000	−83 000
Financial Income	−1 000	0	0
Financial Costs	74 000	12 000	0
Financial Balance	−75 000	−12 000	0
Dividends	0	0	0
Net Income	197 000	552 000	−83 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	30 000	40 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	2 394 000	428 000	193 000
Total Tangible Assets	2 394 000	428 000	193 000
Total Fiancial Fixed Assets	1 350 000	0	0
Total Fixed Assets	3 774 000	468 000	193 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 447 000	684 000	454 000
Total Current Assets	3 488 000	1 707 000	461 000
Total Assets	7 263 000	2 174 000	654 000
Total Equity	997 000	800 000	248 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 510 000	0	0
Creditors	152 000	102 000	6 000
Unpaid Taxes	2 944 000	617 000	52 000
Dividends	0	0	0
Other Current Debt	1 382 000	427 000	349 000
Total Current Debt	4 755 000	1 375 000	407 000
Total Equity and Debt	7 263 000	2 174 000	654 000

Financial indicators	2022	2021	2020
Return on Equity	19,76 %	69 %	−33,47 %
Debt-to-Equity Ratio	1,51	0	0
Operating Profit Margin	1,47 %	14,39 %	−13,83 %
Current Ratio	0,73	1,24	1,13
Quick Ratio	0,73	1,24	1,13
Equity Ratio	0,14	0,37	0,38
Gross Profit Margin	99,12 %	96,12 %	88,67 %