STEELCO NORGE

1394 NESBRU

Finances

Share Ownership

Return on Equity

193,07 %

Current Ratio

1,89

Debt-to-Equity Ratio

−2,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 154 000	15 344 000	18 968 000	10 163 000
Net Income	−9 059 000	−1 837 000	−3 009 000	−4 459 000
Total Assets	14 045 000	10 222 000	6 319 000	7 908 000
Total Equity	−4 692 000	−1 863 000	−176 000	583 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 154 000	15 344 000	18 968 000	10 163 000
Expenditure	18 373 000	17 885 000	20 488 000	14 528 000
Operating Profit	−8 218 000	−2 540 000	−1 596 000	−4 364 000
Financial Income	3 000	718 000	140 000	76 000
Financial Costs	843 000	15 000	1 554 000	151 000
Financial Balance	−840 000	703 000	−1 414 000	−75 000
Earnings Before Tax	−9 059 000	−1 837 000	−3 009 000	−4 439 000
Tax	0	0	0	20 000
Net Income	−9 059 000	−1 837 000	−3 009 000	−4 459 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	348 000	198 000	36 000	64 000
Total Current Assets	13 696 000	10 024 000	6 283 000	7 844 000
Total Assets	14 045 000	10 222 000	6 319 000	7 908 000
Total Retained Equity	−4 692 000	−1 863 000	−176 000	583 000
Total Equity	−4 692 000	−1 863 000	−176 000	583 000
Total Long-Term Debt	11 490 000	0	0	0
Total Current Debt	7 247 000	12 085 000	6 496 000	7 325 000
Total Equity and Debt	14 045 000	10 222 000	6 319 000	7 908 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 154 000	15 344 000	18 968 000	10 163 000
Other Income	0	0	0	0
Revenue	10 154 000	15 344 000	18 968 000	10 163 000
Cost of Goods Sold	6 176 000	8 678 000	10 961 000	6 664 000
Salary Costs	8 626 000	6 707 000	6 284 000	5 239 000
Depreciation	49 000	39 000	27 000	19 000
Impairment	0	0	0	0
Expenditure	18 373 000	17 885 000	20 488 000	14 528 000
Operating Profit	−8 218 000	−2 540 000	−1 596 000	−4 364 000
Financial Income	3 000	718 000	140 000	76 000
Financial Costs	843 000	15 000	1 554 000	151 000
Financial Balance	−840 000	703 000	−1 414 000	−75 000
Dividends	0	0	0	0
Net Income	−9 059 000	−1 837 000	−3 009 000	−4 459 000

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	348 000	198 000	36 000	64 000
Total Tangible Assets	348 000	198 000	36 000	64 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	348 000	198 000	36 000	64 000
Stock	6 517 000	2 630 000	2 423 000	5 222 000
Total Investments	0	0	0	0
Cash, Bank	959 000	1 061 000	2 239 000	1 221 000
Total Current Assets	13 696 000	10 024 000	6 283 000	7 844 000
Total Assets	14 045 000	10 222 000	6 319 000	7 908 000
Total Equity	−4 692 000	−1 863 000	−176 000	583 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 490 000	0	0	0
Creditors	4 469 000	9 854 000	4 658 000	5 933 000
Unpaid Taxes	1 226 000	1 411 000	1 151 000	833 000
Dividends	0	0	0	0
Other Current Debt	1 551 000	820 000	687 000	560 000
Total Current Debt	7 247 000	12 085 000	6 496 000	7 325 000
Total Equity and Debt	14 045 000	10 222 000	6 319 000	7 908 000

Financial indicators	2022	2021	2020	2019
Return on Equity	193,07 %	98,6 %	1 709,66 %	−764,84 %
Debt-to-Equity Ratio	−2,45	−0	−0	0
Operating Profit Margin	−80,93 %	−16,55 %	−8,41 %	−42,94 %
Current Ratio	1,89	0,83	0,97	1,07
Quick Ratio	18,76	1,06	1,54	3,73
Equity Ratio	−0,33	−0,18	−0,03	0,07
Gross Profit Margin	39,18 %	43,44 %	42,21 %	34,43 %