SHIMANO NORDIC AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

19,07 %

Current Ratio

1,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	161 405 000	155 206 000	122 296 000	98 474 000
Net Income	5 775 000	4 943 000	9 243 000	974 000
Total Assets	62 986 000	57 800 000	44 908 000	32 045 000
Total Equity	30 278 000	24 503 000	19 559 000	20 863 000

Income (NOK)	2022	2021	2020	2019
Revenue	161 405 000	155 206 000	122 296 000	98 474 000
Expenditure	153 870 000	148 079 000	110 632 000	96 772 000
Operating Profit	7 534 000	7 128 000	11 664 000	1 701 000
Financial Income	2 379 000	98 000	1 098 000	199 000
Financial Costs	2 460 000	865 000	902 000	591 000
Financial Balance	−81 000	−767 000	196 000	−392 000
Earnings Before Tax	7 453 000	6 362 000	11 860 000	1 309 000
Tax	1 678 000	1 418 000	2 616 000	335 000
Net Income	5 775 000	4 943 000	9 243 000	974 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	367 000	382 000	1 006 000	1 299 000
Total Current Assets	62 619 000	57 418 000	43 902 000	30 746 000
Total Assets	62 986 000	57 800 000	44 908 000	32 045 000
Total Retained Equity	30 178 000	24 403 000	19 459 000	20 763 000
Total Equity	30 278 000	24 503 000	19 559 000	20 863 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	32 708 000	33 297 000	25 348 000	11 182 000
Total Equity and Debt	62 986 000	57 800 000	44 908 000	32 045 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	161 400 000	154 979 000	122 308 000	98 447 000
Other Income	5 000	227 000	−13 000	27 000
Revenue	161 405 000	155 206 000	122 296 000	98 474 000
Cost of Goods Sold	123 805 000	119 821 000	87 167 000	73 913 000
Salary Costs	13 810 000	12 417 000	9 598 000	9 205 000
Depreciation	120 000	455 000	676 000	697 000
Impairment	0	0	0	0
Expenditure	153 870 000	148 079 000	110 632 000	96 772 000
Operating Profit	7 534 000	7 128 000	11 664 000	1 701 000
Financial Income	2 379 000	98 000	1 098 000	199 000
Financial Costs	2 460 000	865 000	902 000	591 000
Financial Balance	−81 000	−767 000	196 000	−392 000
Dividends	0	0	0	0
Net Income	5 775 000	4 943 000	9 243 000	974 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	221 000	226 000	456 000	233 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	146 000	155 000	550 000	1 066 000
Total Tangible Assets	146 000	155 000	550 000	1 066 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	367 000	382 000	1 006 000	1 299 000
Stock	2 229 000	258 000	1 281 000	567 000
Total Investments	0	0	0	0
Cash, Bank	45 091 000	45 170 000	30 858 000	10 279 000
Total Current Assets	62 619 000	57 418 000	43 902 000	30 746 000
Total Assets	62 986 000	57 800 000	44 908 000	32 045 000
Total Equity	30 278 000	24 503 000	19 559 000	20 863 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	23 073 000	24 913 000	5 126 000	6 661 000
Unpaid Taxes	3 379 000	3 658 000	3 366 000	699 000
Dividends	0	0	0	0
Other Current Debt	4 584 000	3 529 000	3 469 000	3 358 000
Total Current Debt	32 708 000	33 297 000	25 348 000	11 182 000
Total Equity and Debt	62 986 000	57 800 000	44 908 000	32 045 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,07 %	20,17 %	47,26 %	4,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,67 %	4,59 %	9,54 %	1,73 %
Current Ratio	1,91	1,72	1,73	2,75
Quick Ratio	2,05	1,74	1,82	2,9
Equity Ratio	0,48	0,42	0,44	0,65
Gross Profit Margin	23,3 %	22,8 %	28,72 %	24,94 %