NDL Extract Statement of financial position as at: 31 Dec 2020 31 Dec 2019 N$000 N$000 Non-current assets 6 400 5 000 Current assets: 2 450 1 270 Inventory 840 430 Trade receivables 1 460 640 Cash 150 200 Total assets 8 850 6 270 Share capital and reserves 5 750 4 780 Non-current liabilities - debentures repayable 2025 880 880 Current liabilities 2 220 610 Trade payables 1 060 570 Bank overdraft 1 160 40 Total equity and liabilities 8 850 6 270 (Note that the figures above are in N$000s - thousands)

Calculate twelve relevant ratios for NDL for each of the years shown above.

Using your calculations in (2.1) and any other information given in respect of NDL, evaluate NDLs performance for the year ended 31 December 2020.

Identify potential areas of risk that NDL may face in the next year (2021).