SHORTCUT HOLDING AS

5307 ASK

Finances

Return on Equity

1,75 %

Current Ratio

11,51

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	589 000	34 000	24 000	868 000
Net Income	69 000	1 427 000	−172 000	1 157 000
Total Assets	4 284 000	4 516 000	3 486 000	3 701 000
Total Equity	3 942 000	4 073 000	3 246 000	2 909 000

Income (NOK)	2022	2021	2020	2019
Revenue	589 000	34 000	24 000	868 000
Expenditure	859 000	126 000	198 000	1 397 000
Operating Profit	−270 000	−92 000	−173 000	−530 000
Financial Income	300 000	1 610 000	27 000	1 706 000
Financial Costs	19 000	110 000	15 000	19 000
Financial Balance	281 000	1 500 000	12 000	1 687 000
Earnings Before Tax	11 000	1 408 000	−161 000	1 157 000
Tax	−59 000	−19 000	11 000	0
Net Income	69 000	1 427 000	−172 000	1 157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	784 000	565 000	598 000	638 000
Total Current Assets	3 500 000	3 951 000	2 888 000	3 063 000
Total Assets	4 284 000	4 516 000	3 486 000	3 701 000
Total Retained Equity	3 842 000	3 973 000	3 146 000	2 809 000
Total Equity	3 942 000	4 073 000	3 246 000	2 909 000
Total Long-Term Debt	37 000	125 000	220 000	281 000
Total Current Debt	304 000	318 000	20 000	511 000
Total Equity and Debt	4 284 000	4 516 000	3 486 000	3 701 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	586 000	24 000	7 000	868 000
Other Income	3 000	10 000	17 000	0
Revenue	589 000	34 000	24 000	868 000
Cost of Goods Sold	31 000	0	0	88 000
Salary Costs	632 000	1 000	70 000	793 000
Depreciation	40 000	41 000	40 000	40 000
Impairment	0	0	0	0
Expenditure	859 000	126 000	198 000	1 397 000
Operating Profit	−270 000	−92 000	−173 000	−530 000
Financial Income	300 000	1 610 000	27 000	1 706 000
Financial Costs	19 000	110 000	15 000	19 000
Financial Balance	281 000	1 500 000	12 000	1 687 000
Dividends	200 000	300 000	0	600 000
Net Income	69 000	1 427 000	−172 000	1 157 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	67 000	8 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	212 000	252 000	293 000	333 000
Total Tangible Assets	212 000	252 000	293 000	333 000
Total Fiancial Fixed Assets	505 000	305 000	305 000	305 000
Total Fixed Assets	784 000	565 000	598 000	638 000
Stock	0	0	0	0
Total Investments	96 000	86 000	86 000	0
Cash, Bank	2 165 000	1 947 000	1 760 000	415 000
Total Current Assets	3 500 000	3 951 000	2 888 000	3 063 000
Total Assets	4 284 000	4 516 000	3 486 000	3 701 000
Total Equity	3 942 000	4 073 000	3 246 000	2 909 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	37 000	125 000	220 000	281 000
Creditors	13 000	11 000	13 000	46 000
Unpaid Taxes	21 000	0	0	84 000
Dividends	200 000	300 000	0	600 000
Other Current Debt	71 000	7 000	7 000	81 000
Total Current Debt	304 000	318 000	20 000	511 000
Total Equity and Debt	4 284 000	4 516 000	3 486 000	3 701 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,75 %	35,04 %	−5,3 %	39,77 %
Debt-to-Equity Ratio	0,01	0,03	0,07	0,1
Operating Profit Margin	−45,84 %	−270,59 %	−720,83 %	−61,06 %
Current Ratio	11,51	12,42	144,4	5,99
Quick Ratio	11,51	12,42	144,4	5,99
Equity Ratio	0,92	0,9	0,93	0,79
Gross Profit Margin	94,74 %	100 %	100 %	89,86 %