SHINE IN AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

18,15 %

Current Ratio

1,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 199 000	16 185 000	13 000 000	9 230 000
Net Income	776 000	1 653 000	1 567 000	939 000
Total Assets	9 034 000	5 144 000	4 001 000	3 906 000
Total Equity	4 276 000	3 500 000	2 347 000	756 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 199 000	16 185 000	13 000 000	9 230 000
Expenditure	16 210 000	14 023 000	11 164 000	8 165 000
Operating Profit	989 000	2 161 000	1 837 000	1 065 000
Financial Income	60 000	28 000	0	0
Financial Costs	37 000	66 000	88 000	126 000
Financial Balance	23 000	−38 000	−88 000	−126 000
Earnings Before Tax	1 012 000	2 124 000	1 749 000	939 000
Tax	236 000	471 000	182 000	0
Net Income	776 000	1 653 000	1 567 000	939 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	195 000	194 000	239 000	253 000
Total Current Assets	8 839 000	4 950 000	3 762 000	3 653 000
Total Assets	9 034 000	5 144 000	4 001 000	3 906 000
Total Retained Equity	2 276 000	1 500 000	347 000	−1 244 000
Total Equity	4 276 000	3 500 000	2 347 000	756 000
Total Long-Term Debt	0	0	650 000	710 000
Total Current Debt	4 758 000	1 644 000	1 005 000	2 441 000
Total Equity and Debt	9 034 000	5 144 000	4 001 000	3 906 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 199 000	16 185 000	12 972 000	9 230 000
Other Income	0	0	28 000	0
Revenue	17 199 000	16 185 000	13 000 000	9 230 000
Cost of Goods Sold	9 967 000	9 013 000	7 607 000	5 306 000
Salary Costs	3 082 000	2 382 000	1 645 000	1 572 000
Depreciation	35 000	68 000	120 000	113 000
Impairment	0	0	0	0
Expenditure	16 210 000	14 023 000	11 164 000	8 165 000
Operating Profit	989 000	2 161 000	1 837 000	1 065 000
Financial Income	60 000	28 000	0	0
Financial Costs	37 000	66 000	88 000	126 000
Financial Balance	23 000	−38 000	−88 000	−126 000
Dividends	0	500 000	0	0
Net Income	776 000	1 653 000	1 567 000	939 000

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	53 000	74 000	127 000	100 000
Fixtures	142 000	119 000	112 000	153 000
Total Tangible Assets	195 000	194 000	239 000	253 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	195 000	194 000	239 000	253 000
Stock	6 945 000	4 743 000	3 511 000	3 001 000
Total Investments	0	0	0	0
Cash, Bank	1 396 000	87 000	62 000	48 000
Total Current Assets	8 839 000	4 950 000	3 762 000	3 653 000
Total Assets	9 034 000	5 144 000	4 001 000	3 906 000
Total Equity	4 276 000	3 500 000	2 347 000	756 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	650 000	710 000
Creditors	2 645 000	1 986 000	743 000	1 633 000
Unpaid Taxes	838 000	663 000	1 201 000	463 000
Dividends	0	500 000	0	0
Other Current Debt	1 039 000	382 000	263 000	301 000
Total Current Debt	4 758 000	1 644 000	1 005 000	2 441 000
Total Equity and Debt	9 034 000	5 144 000	4 001 000	3 906 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,15 %	47,23 %	66,77 %	124,21 %
Debt-to-Equity Ratio	0	0	0,28	0,94
Operating Profit Margin	5,75 %	13,35 %	14,13 %	11,54 %
Current Ratio	1,86	3,01	3,74	1,5
Quick Ratio	−4,04	−1,6	−1,5	−6,52
Equity Ratio	0,47	0,68	0,59	0,19
Gross Profit Margin	42,05 %	44,31 %	41,48 %	42,51 %