STEINAR TVEITO AS

3570 ÅL

Finances

Share Ownership

Return on Equity

68,92 %

Current Ratio

2,03

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	853 000	671 000	390 000	1 173 000
Net Income	204 000	277 000	−178 000	−53 000
Total Assets	540 000	596 000	782 000	1 060 000
Total Equity	296 000	92 000	−185 000	−1 000

Income (NOK)	2022	2021	2020	2019
Revenue	853 000	671 000	390 000	1 173 000
Expenditure	532 000	384 000	553 000	1 224 000
Operating Profit	322 000	288 000	−162 000	−51 000
Financial Income	0	0	0	0
Financial Costs	12 000	10 000	15 000	2 000
Financial Balance	−12 000	−10 000	−15 000	−2 000
Earnings Before Tax	310 000	277 000	−178 000	−53 000
Tax	106 000	0	0	0
Net Income	204 000	277 000	−178 000	−53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 000	402 000	663 000	720 000
Total Current Assets	470 000	194 000	119 000	340 000
Total Assets	540 000	596 000	782 000	1 060 000
Total Retained Equity	266 000	62 000	−215 000	−31 000
Total Equity	296 000	92 000	−185 000	−1 000
Total Long-Term Debt	12 000	415 000	902 000	851 000
Total Current Debt	231 000	89 000	83 000	211 000
Total Equity and Debt	540 000	596 000	800 000	1 060 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	853 000	671 000	390 000	1 173 000
Other Income	0	0	0	0
Revenue	853 000	671 000	390 000	1 173 000
Cost of Goods Sold	65 000	50 000	0	0
Salary Costs	209 000	45 000	147 000	280 000
Depreciation	121 000	94 000	216 000	181 000
Impairment	0	0	0	519 000
Expenditure	532 000	384 000	553 000	1 224 000
Operating Profit	322 000	288 000	−162 000	−51 000
Financial Income	0	0	0	0
Financial Costs	12 000	10 000	15 000	2 000
Financial Balance	−12 000	−10 000	−15 000	−2 000
Dividends	0	0	0	0
Net Income	204 000	277 000	−178 000	−53 000

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	402 000	663 000	0
Fixtures	69 000	0	0	720 000
Total Tangible Assets	69 000	402 000	663 000	720 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	69 000	402 000	663 000	720 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	470 000	194 000	119 000	339 000
Total Current Assets	470 000	194 000	119 000	340 000
Total Assets	540 000	596 000	782 000	1 060 000
Total Equity	296 000	92 000	−185 000	−1 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 000	415 000	902 000	851 000
Creditors	20 000	21 000	19 000	83 000
Unpaid Taxes	115 000	56 000	55 000	106 000
Dividends	0	0	0	0
Other Current Debt	28 000	13 000	13 000	27 000
Total Current Debt	231 000	89 000	83 000	211 000
Total Equity and Debt	540 000	596 000	800 000	1 060 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,92 %	301,09 %	96,22 %	5 300 %
Debt-to-Equity Ratio	0,04	4,51	−4,88	−851
Operating Profit Margin	37,75 %	42,92 %	−41,54 %	−4,35 %
Current Ratio	2,03	2,18	1,43	1,61
Quick Ratio	2,03	2,18	1,43	1,61
Equity Ratio	0,55	0,15	−0,24	−0
Gross Profit Margin	92,38 %	92,55 %	100 %	100 %