STECON ENGINEERING AS

1350 LOMMEDALEN

Finances

Return on Equity

28,38 %

Current Ratio

4,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 999 000	1 901 000	1 845 000	1 904 000
Net Income	520 000	604 000	607 000	658 000
Total Assets	2 328 000	1 694 000	1 041 000	1 108 000
Total Equity	1 832 000	1 312 000	708 000	101 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 999 000	1 901 000	1 845 000	1 904 000
Expenditure	1 221 000	1 123 000	1 063 000	1 056 000
Operating Profit	778 000	778 000	782 000	847 000
Financial Income	32 000	0	0	0
Financial Costs	112 000	0	0	0
Financial Balance	−80 000	0	0	0
Earnings Before Tax	699 000	778 000	782 000	847 000
Tax	178 000	174 000	174 000	189 000
Net Income	520 000	604 000	607 000	658 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	10 000	14 000	19 000
Total Current Assets	2 323 000	1 684 000	1 027 000	1 089 000
Total Assets	2 328 000	1 694 000	1 041 000	1 108 000
Total Retained Equity	1 732 000	1 212 000	608 000	1 000
Total Equity	1 832 000	1 312 000	708 000	101 000
Total Long-Term Debt	1 000	2 000	0	0
Total Current Debt	495 000	380 000	333 000	1 007 000
Total Equity and Debt	2 328 000	1 694 000	1 041 000	1 108 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 999 000	1 901 000	1 845 000	1 904 000
Other Income	0	0	0	0
Revenue	1 999 000	1 901 000	1 845 000	1 904 000
Cost of Goods Sold	0	0	0	0
Salary Costs	748 000	744 000	707 000	714 000
Depreciation	4 000	4 000	4 000	3 000
Impairment	0	0	0	0
Expenditure	1 221 000	1 123 000	1 063 000	1 056 000
Operating Profit	778 000	778 000	782 000	847 000
Financial Income	32 000	0	0	0
Financial Costs	112 000	0	0	0
Financial Balance	−80 000	0	0	0
Dividends	0	0	0	658 000
Net Income	520 000	604 000	607 000	658 000

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	5 000	10 000	14 000	19 000
Total Tangible Assets	5 000	10 000	14 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	10 000	14 000	19 000
Stock	0	0	0	0
Total Investments	372 000	0	0	0
Cash, Bank	1 611 000	1 505 000	859 000	882 000
Total Current Assets	2 323 000	1 684 000	1 027 000	1 089 000
Total Assets	2 328 000	1 694 000	1 041 000	1 108 000
Total Equity	1 832 000	1 312 000	708 000	101 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	2 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	249 000	138 000	92 000	94 000
Dividends	0	0	0	658 000
Other Current Debt	70 000	69 000	66 000	66 000
Total Current Debt	495 000	380 000	333 000	1 007 000
Total Equity and Debt	2 328 000	1 694 000	1 041 000	1 108 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,38 %	46,04 %	85,73 %	651,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	38,92 %	40,93 %	42,38 %	44,49 %
Current Ratio	4,69	4,43	3,08	1,08
Quick Ratio	4,69	4,43	3,08	1,08
Equity Ratio	0,79	0,77	0,68	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %