ZELINE AS

4846 ARENDAL

Finances

Share Ownership

Return on Equity

8,29 %

Current Ratio

4,31

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 012 000	6 365 000	5 669 000	6 899 000
Net Income	202 000	341 000	30 000	72 000
Total Assets	3 376 000	3 050 000	2 489 000	2 712 000
Total Equity	2 436 000	2 233 000	1 892 000	1 862 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 012 000	6 365 000	5 669 000	6 899 000
Expenditure	6 737 000	5 922 000	5 614 000	6 799 000
Operating Profit	275 000	443 000	55 000	100 000
Financial Income	10 000	5 000	4 000	5 000
Financial Costs	6 000	9 000	18 000	12 000
Financial Balance	4 000	−4 000	−14 000	−7 000
Earnings Before Tax	278 000	439 000	41 000	94 000
Tax	76 000	97 000	10 000	22 000
Net Income	202 000	341 000	30 000	72 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	16 000	51 000	61 000
Total Current Assets	3 363 000	3 034 000	2 438 000	2 651 000
Total Assets	3 376 000	3 050 000	2 489 000	2 712 000
Total Retained Equity	2 235 000	2 032 000	1 691 000	1 661 000
Total Equity	2 436 000	2 233 000	1 892 000	1 862 000
Total Long-Term Debt	160 000	160 000	160 000	160 000
Total Current Debt	780 000	657 000	437 000	690 000
Total Equity and Debt	3 376 000	3 050 000	2 489 000	2 712 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 012 000	6 365 000	5 669 000	6 899 000
Other Income	0	0	0	0
Revenue	7 012 000	6 365 000	5 669 000	6 899 000
Cost of Goods Sold	3 938 000	3 519 000	3 384 000	4 111 000
Salary Costs	1 749 000	1 539 000	1 336 000	1 718 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 737 000	5 922 000	5 614 000	6 799 000
Operating Profit	275 000	443 000	55 000	100 000
Financial Income	10 000	5 000	4 000	5 000
Financial Costs	6 000	9 000	18 000	12 000
Financial Balance	4 000	−4 000	−14 000	−7 000
Dividends	0	0	0	0
Net Income	202 000	341 000	30 000	72 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	16 000	51 000	61 000
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	13 000	16 000	51 000	61 000
Stock	1 998 000	1 840 000	1 776 000	1 915 000
Total Investments	0	0	0	0
Cash, Bank	1 339 000	1 173 000	634 000	679 000
Total Current Assets	3 363 000	3 034 000	2 438 000	2 651 000
Total Assets	3 376 000	3 050 000	2 489 000	2 712 000
Total Equity	2 436 000	2 233 000	1 892 000	1 862 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	160 000	160 000	160 000	160 000
Creditors	205 000	114 000	77 000	218 000
Unpaid Taxes	253 000	279 000	205 000	257 000
Dividends	0	0	0	0
Other Current Debt	249 000	200 000	155 000	215 000
Total Current Debt	780 000	657 000	437 000	690 000
Total Equity and Debt	3 376 000	3 050 000	2 489 000	2 712 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,29 %	15,27 %	1,59 %	3,87 %
Debt-to-Equity Ratio	0,07	0,07	0,08	0,09
Operating Profit Margin	3,92 %	6,96 %	0,97 %	1,45 %
Current Ratio	4,31	4,62	5,58	3,84
Quick Ratio	−2,76	−2,56	−1,82	−2,16
Equity Ratio	0,72	0,73	0,76	0,69
Gross Profit Margin	43,84 %	44,71 %	40,31 %	40,41 %