SLITESTÅLKOMPANIET AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

84,32 %

Current Ratio

1,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 292 000	24 217 000	23 238 000	23 326 000
Net Income	5 989 000	5 855 000	4 787 000	6 219 000
Total Assets	17 170 000	11 757 000	15 212 000	19 324 000
Total Equity	7 103 000	7 107 000	6 253 000	6 466 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 292 000	24 217 000	23 238 000	23 326 000
Expenditure	18 535 000	16 712 000	17 794 000	15 340 000
Operating Profit	7 758 000	7 506 000	5 445 000	7 987 000
Financial Income	0	1 000	503 000	13 000
Financial Costs	3 000	0	3 000	2 000
Financial Balance	−3 000	1 000	500 000	11 000
Earnings Before Tax	7 755 000	7 507 000	5 945 000	7 998 000
Tax	1 765 000	1 652 000	1 158 000	1 779 000
Net Income	5 989 000	5 855 000	4 787 000	6 219 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	334 000	413 000	535 000	2 362 000
Total Current Assets	16 836 000	11 343 000	14 677 000	16 963 000
Total Assets	17 170 000	11 757 000	15 212 000	19 324 000
Total Retained Equity	6 903 000	6 907 000	6 053 000	6 266 000
Total Equity	7 103 000	7 107 000	6 253 000	6 466 000
Total Long-Term Debt	0	0	5 000	0
Total Current Debt	10 068 000	4 649 000	8 955 000	12 858 000
Total Equity and Debt	17 170 000	11 757 000	15 212 000	19 324 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 210 000	24 217 000	23 238 000	23 326 000
Other Income	83 000	0	0	0
Revenue	26 292 000	24 217 000	23 238 000	23 326 000
Cost of Goods Sold	12 741 000	11 299 000	12 777 000	10 956 000
Salary Costs	3 393 000	3 272 000	2 591 000	2 028 000
Depreciation	75 000	127 000	127 000	162 000
Impairment	0	0	0	0
Expenditure	18 535 000	16 712 000	17 794 000	15 340 000
Operating Profit	7 758 000	7 506 000	5 445 000	7 987 000
Financial Income	0	1 000	503 000	13 000
Financial Costs	3 000	0	3 000	2 000
Financial Balance	−3 000	1 000	500 000	11 000
Dividends	6 000 000	0	5 000 000	8 500 000
Net Income	5 989 000	5 855 000	4 787 000	6 219 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	5 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	195 000	270 000	396 000	523 000
Total Tangible Assets	195 000	270 000	396 000	523 000
Total Fiancial Fixed Assets	139 000	139 000	139 000	1 838 000
Total Fixed Assets	334 000	413 000	535 000	2 362 000
Stock	4 755 000	3 909 000	2 763 000	3 841 000
Total Investments	1 198 000	1 198 000	0	0
Cash, Bank	8 415 000	3 815 000	9 313 000	10 122 000
Total Current Assets	16 836 000	11 343 000	14 677 000	16 963 000
Total Assets	17 170 000	11 757 000	15 212 000	19 324 000
Total Equity	7 103 000	7 107 000	6 253 000	6 466 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	5 000	0
Creditors	284 000	1 271 000	1 304 000	1 164 000
Unpaid Taxes	1 713 000	1 424 000	1 236 000	1 214 000
Dividends	6 000 000	0	5 000 000	8 500 000
Other Current Debt	310 000	292 000	262 000	202 000
Total Current Debt	10 068 000	4 649 000	8 955 000	12 858 000
Total Equity and Debt	17 170 000	11 757 000	15 212 000	19 324 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,32 %	82,38 %	76,56 %	96,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	29,51 %	30,99 %	23,43 %	34,24 %
Current Ratio	1,67	2,44	1,64	1,32
Quick Ratio	3,17	15,33	2,37	1,88
Equity Ratio	0,41	0,6	0,41	0,33
Gross Profit Margin	51,54 %	53,34 %	45,02 %	53,03 %