help pleaseee

You are the commercial lender for NAIT Bank. Your longtime clientSaxenda Inc Industries is a longstanding client of 24 years. Saxenda Inc is an incorporated company with their President on owner being Marvin O'Brien and has been in business for the last 27 years. Saxenda Inc develops gas-fitting devices for the Oil field industry. The company is in Ardrossan just east of Edmonton. They offer their customer 75 Days to settle accounts. Saxenda Inc is looking to secure $800,000 in additional capital as they are looking to expand their current premises to accommodatea new client that they have recently secured. These funds would be used to buy a new machine with the most current level of technology to make the required fittings the client is seeking. They are expecting with this one new account to provide an increase of sales of 25% over the next 7 years. Marvin asked his new CFO Bill, to send you the financial statements that you requested. Bill sent over the un-audited financial statements to you. The audited financials are still with the accountant and will be available in a week or so, but Marvin is pushing to get this loan in place to buy the equipment. Your assistant has collected the industry ratios for you. Bill the CFO has noted that sales have increased in the last three years due to Saxenda Inc's more aggressive selling approach. Marvin is a good client, is eager, and wants to know your response quickly to their request of $800,000. Of course, you must do a complete analysis noting any ratios that are cause for concern or required further explanation. 1 SAXENDA INC 2 CONSOUDATED STATEMENTS OF OPERATIONS 3 Not revenues \begin{tabular}{|r|r|r|} \hline 2022 & 2021 & 2020 \\ \hline 4,065,785 & 4,239,610 & 4,168,742 \\ \hline \end{tabular} 5 Costs and expenses 6 Cost of good sold 7 Royaltios 8 Product development 9 Advertising 10 Amortization of intangibles 11 Program production cost amortization 12 Selling, distribution and administration 13 Depreciation \begin{tabular}{r|r|r|} \hline 1,825,537 & 1,644,968 & 1,755,040 \\ \hline 0 & 0 & 0 \\ \hline 194,285 & 148,571 & 228,571 \\ \hline 463,499 & 491,795 & 371,018 \\ \hline 0 & 0 & 0 \\ \hline 24,284 & 35,086 & 21,135 \\ \hline 670,854 & 669,858 & 812,904 \\ \hline 356,577 & 367,514 & 456,744 \\ \hline \end{tabular} Total expenses \begin{tabular}{|l|r|r|} \hline 3,535,036 & 3,357,792 & 3,645,412 \\ \hline \end{tabular} Operating proft 633,706881,818420,373 19 Non-operating (income) expense 20 interest expense 21 Interest income 22 Other (income) expense, not 23 Total non-operating expense, not Earnings bofore income taxos 27 incomo taxes 28 29 Not eamings Per common share outstanding \begin{tabular}{r|r|r|} \hline 148,934 & 147,674 & 118,708 \\ \hline \end{tabular} 33 Net earnings Per Share 34 Basic 35 36 Diluted 37 38 Cash dividends declared 39 49 PERIOD ENDING DEC 25TH 2022 50 (Thousands of Dollars Except Share Data) 52 ASSEIS 53 Current assots 57 58 59 and $43,596 in 2019. 60 inventories 61 Propaid experses and othor current assots 62 Total currert assets 63 Property. plant and equipment, net 5925,583 $1,119,061 $1,174,484 64 Other assets 68 Todal ussets \begin{tabular}{|rrrr|} \hline & 345,197 & 400,549 & 494,009 \\ \hline$3,750,377 & 895,239 & 945,632 & 1,009,329 \\ \hline \end{tabular} \begin{tabular}{|r|r|r|} \hline 637,287 & 677,218 & T78,329 \\ \hline 333,817 & 392,291 & 419,458 \\ \hline 333,817 & 301,444 & 340,549 \\ \hline$2230,504 & $2,490,014 & $2,721,820 \\ \hline$322,437 & $293,185 & $405,476 \\ \hline \end{tabular} 69 UABIUTES AND SHAREHOLDERS' EQUITY 70 Current liablitios 71 Short-term bortowings 72 Acoounts payable 73 Noles Payable 74 Total currant liabilitios 75 Long-term dobt 76 Oher lizbilites 77 Total liabilisos 78 79 Sharohidders oquity 80 Preteronce stock of $250 par value. Authorizod 815.000,000 sharos, none isoued 8382 84 Cammon siock at 527 par value. Authorizad ind 20803 SC B5 Adsional paid-lin capial 86 Rotained earrings 87 Acoumdialod other comproheneive (loss) earrings ss 69 Tolul sharoholdorn' incily $777,642 90 Tolal lisoblites and shareholders' equily \$3.780377 \begin{tabular}{|r|r|r|} \hline 402,121 & 398,719 & 320,511 \\ \hline24,217 & 112912 & 602906 \\ \hline 1,211,193 & 833,853 & 322,291 \\ \hline 14,49 & 46,110 & 200,971 \\ \hline \end{tabular} 92 93 Year 2022_ Y Year 2021 Year 2020_ Industry Avg Trend Analysis Net Profit Margin Return on Assets \begin{tabular}{r|r|r|} \hline 10.93% & 14.19% & 6.27 \\ \hline 16.71% & 21.35% & 9.02% \\ \hline \end{tabular} Return on Equity Average Days Payable Debt to Assets Debt to Equity Accounts receviable DSO Inventory Turnover Working Capital Quick Ratio Current Ratio \begin{tabular}{lr} Ratios & Industry Standard \\ \hline Net Profit Margin & 9.60% \\ Return on Assets & 7.50% \\ Return on Equity & 19.25% \\ AVG Days Payble & 67.5 Days \\ Inventory Turnover & 5.8X \\ Accounts Receivables & 45.8 Days \\ Current Ratio & 2.26X \\ Quick Test Ratio & 2.18X \\ Debt to Assets & 115% \\ Debt to Equity & 58% \\ & \end{tabular}