ZANCEL AS

5517 HAUGESUND

Finances

Return on Equity

−56,4 %

Current Ratio

0,97

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	117 000	293 000	2 655 000	2 490 000
Net Income	−97 000	−12 000	−470 000	−738 000
Total Assets	5 182 000	5 174 000	5 168 000	8 007 000
Total Equity	172 000	269 000	281 000	751 000

Income (NOK)	2022	2021	2020	2019
Revenue	117 000	293 000	2 655 000	2 490 000
Expenditure	19 000	125 000	336 000	433 000
Operating Profit	98 000	167 000	−72 000	−333 000
Financial Income	19 000	4 000	4 000	11 000
Financial Costs	214 000	183 000	402 000	417 000
Financial Balance	−195 000	−179 000	−398 000	−406 000
Earnings Before Tax	−97 000	−12 000	−470 000	−738 000
Tax	0	0	0	0
Net Income	−97 000	−12 000	−470 000	−738 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	333 000	325 000	295 000	410 000
Total Current Assets	4 849 000	4 849 000	4 873 000	7 597 000
Total Assets	5 182 000	5 174 000	5 168 000	8 007 000
Total Retained Equity	142 000	239 000	251 000	721 000
Total Equity	172 000	269 000	281 000	751 000
Total Long-Term Debt	30 000	30 000	0	0
Total Current Debt	4 980 000	4 876 000	4 887 000	7 256 000
Total Equity and Debt	5 182 000	5 174 000	5 168 000	8 007 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	72 000	2 431 000	2 490 000
Other Income	117 000	221 000	224 000	0
Revenue	117 000	293 000	2 655 000	2 490 000
Cost of Goods Sold	−86 000	0	105 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	19 000	125 000	336 000	433 000
Operating Profit	98 000	167 000	−72 000	−333 000
Financial Income	19 000	4 000	4 000	11 000
Financial Costs	214 000	183 000	402 000	417 000
Financial Balance	−195 000	−179 000	−398 000	−406 000
Dividends	0	0	0	0
Net Income	−97 000	−12 000	−470 000	−738 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	333 000	325 000	295 000	410 000
Total Fixed Assets	333 000	325 000	295 000	410 000
Stock	4 825 000	4 825 000	4 825 000	7 215 000
Total Investments	0	0	0	0
Cash, Bank	−4 000	−3 000	15 000	28 000
Total Current Assets	4 849 000	4 849 000	4 873 000	7 597 000
Total Assets	5 182 000	5 174 000	5 168 000	8 007 000
Total Equity	172 000	269 000	281 000	751 000
Short-Term Group Debt	0	234 000	233 000	0
Total Long-Term Debt	30 000	30 000	0	0
Creditors	689 000	770 000	705 000	797 000
Unpaid Taxes	−15 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	448 000	127 000	224 000	500 000
Total Current Debt	4 980 000	4 876 000	4 887 000	7 256 000
Total Equity and Debt	5 182 000	5 174 000	5 168 000	8 007 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−56,4 %	−4,46 %	−167,26 %	−98,27 %
Debt-to-Equity Ratio	0,17	0,11	0	0
Operating Profit Margin	83,76 %	57 %	−2,71 %	−13,37 %
Current Ratio	0,97	0,99	1	1,05
Quick Ratio	31,28	95,08	78,6	185,29
Equity Ratio	0,03	0,05	0,05	0,09
Gross Profit Margin	173,5 %	100 %	96,05 %	100 %