SHELCON AS

5148 FYLLINGSDALEN

Finances

Return on Equity

30,9 %

Current Ratio

322,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	4 000	42 000	34 000
Net Income	6 361 000	41 399 000	173 000	489 000
Total Assets	20 646 000	14 262 000	2 861 000	2 989 000
Total Equity	20 583 000	14 222 000	2 822 000	2 650 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	4 000	42 000	34 000
Expenditure	145 000	157 000	160 000	124 000
Operating Profit	−146 000	−153 000	−118 000	−91 000
Financial Income	8 762 000	41 556 000	291 000	580 000
Financial Costs	2 255 000	4 000	0	0
Financial Balance	6 507 000	41 552 000	291 000	580 000
Earnings Before Tax	6 361 000	41 399 000	173 000	489 000
Tax	0	0	0	0
Net Income	6 361 000	41 399 000	173 000	489 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	63 000	2 650 000	2 336 000
Total Current Assets	20 615 000	14 199 000	211 000	653 000
Total Assets	20 646 000	14 262 000	2 861 000	2 989 000
Total Retained Equity	19 983 000	13 622 000	2 222 000	2 050 000
Total Equity	20 583 000	14 222 000	2 822 000	2 650 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	64 000	40 000	39 000	340 000
Total Equity and Debt	20 646 000	14 262 000	2 861 000	2 989 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	4 000	42 000	34 000
Other Income	0	0	0	0
Revenue	0	4 000	42 000	34 000
Cost of Goods Sold	0	0	0	0
Salary Costs	83 000	96 000	95 000	100 000
Depreciation	31 000	31 000	0	0
Impairment	0	0	0	0
Expenditure	145 000	157 000	160 000	124 000
Operating Profit	−146 000	−153 000	−118 000	−91 000
Financial Income	8 762 000	41 556 000	291 000	580 000
Financial Costs	2 255 000	4 000	0	0
Financial Balance	6 507 000	41 552 000	291 000	580 000
Dividends	0	30 000 000	0	300 000
Net Income	6 361 000	41 399 000	173 000	489 000

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	31 000	63 000	0	0
Total Tangible Assets	31 000	63 000	0	0
Total Fiancial Fixed Assets	0	0	2 650 000	2 336 000
Total Fixed Assets	31 000	63 000	2 650 000	2 336 000
Stock	0	0	0	0
Total Investments	9 451 000	10 653 000	0	0
Cash, Bank	11 165 000	3 548 000	198 000	626 000
Total Current Assets	20 615 000	14 199 000	211 000	653 000
Total Assets	20 646 000	14 262 000	2 861 000	2 989 000
Total Equity	20 583 000	14 222 000	2 822 000	2 650 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	10 000	10 000
Unpaid Taxes	6 000	7 000	4 000	10 000
Dividends	0	30 000 000	0	300 000
Other Current Debt	58 000	33 000	25 000	19 000
Total Current Debt	64 000	40 000	39 000	340 000
Total Equity and Debt	20 646 000	14 262 000	2 861 000	2 989 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,9 %	291,09 %	6,13 %	18,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−3 825 %	−280,95 %	−267,65 %
Current Ratio	322,11	354,98	5,41	1,92
Quick Ratio	322,11	354,98	5,41	1,92
Equity Ratio	1	1	0,99	0,89
Gross Profit Margin	-	100 %	100 %	100 %