SHIMMERING CLOTHING AS

2080 EIDSVOLL

Finances

Share Ownership

Return on Equity

6,12 %

Current Ratio

4,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 488 000	1 304 000	1 371 000	1 376 000
Net Income	36 000	171 000	134 000	10 000
Total Assets	760 000	705 000	540 000	378 000
Total Equity	588 000	552 000	381 000	247 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 488 000	1 304 000	1 371 000	1 376 000
Expenditure	1 441 000	1 086 000	1 200 000	1 366 000
Operating Profit	47 000	219 000	171 000	10 000
Financial Income	1 000	1 000	0	0
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	0	0	−1 000	−1 000
Earnings Before Tax	47 000	219 000	170 000	10 000
Tax	10 000	48 000	37 000	0
Net Income	36 000	171 000	134 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 000	64 000	64 000	73 000
Total Current Assets	696 000	642 000	476 000	305 000
Total Assets	760 000	705 000	540 000	378 000
Total Retained Equity	571 000	534 000	363 000	230 000
Total Equity	588 000	552 000	381 000	247 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	171 000	154 000	159 000	131 000
Total Equity and Debt	760 000	705 000	540 000	378 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 320 000	1 031 000	1 363 000	1 376 000
Other Income	168 000	274 000	9 000	0
Revenue	1 488 000	1 304 000	1 371 000	1 376 000
Cost of Goods Sold	453 000	400 000	408 000	626 000
Salary Costs	665 000	404 000	507 000	479 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 441 000	1 086 000	1 200 000	1 366 000
Operating Profit	47 000	219 000	171 000	10 000
Financial Income	1 000	1 000	0	0
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	0	0	−1 000	−1 000
Dividends	0	0	0	0
Net Income	36 000	171 000	134 000	10 000

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	64 000	64 000	64 000	73 000
Total Fixed Assets	64 000	64 000	64 000	73 000
Stock	375 000	245 000	308 000	204 000
Total Investments	0	0	0	0
Cash, Bank	320 000	393 000	168 000	101 000
Total Current Assets	696 000	642 000	476 000	305 000
Total Assets	760 000	705 000	540 000	378 000
Total Equity	588 000	552 000	381 000	247 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	17 000	17 000	22 000
Unpaid Taxes	80 000	47 000	61 000	63 000
Dividends	0	0	0	0
Other Current Debt	68 000	42 000	45 000	46 000
Total Current Debt	171 000	154 000	159 000	131 000
Total Equity and Debt	760 000	705 000	540 000	378 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,12 %	30,98 %	35,17 %	4,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,16 %	16,79 %	12,47 %	0,73 %
Current Ratio	4,07	4,17	2,99	2,33
Quick Ratio	−3,41	−7,05	−3,19	−4,18
Equity Ratio	0,77	0,78	0,71	0,65
Gross Profit Margin	69,56 %	69,33 %	70,24 %	54,51 %