STEP CHANGE AS

4012 STAVANGER

Finances

Return on Equity

15,3 %

Current Ratio

1,39

Debt-to-Equity Ratio

1,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 441 000	247 000	152 000	56 000
Net Income	394 000	2 032 000	76 000	−125 000
Total Assets	6 565 000	6 312 000	7 507 000	5 508 000
Total Equity	2 575 000	2 381 000	599 000	723 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 441 000	247 000	152 000	56 000
Expenditure	516 000	165 000	91 000	161 000
Operating Profit	925 000	82 000	62 000	−105 000
Financial Income	80 000	2 960 000	228 000	36 000
Financial Costs	492 000	1 010 000	214 000	56 000
Financial Balance	−412 000	1 950 000	14 000	−20 000
Earnings Before Tax	513 000	2 032 000	76 000	−125 000
Tax	119 000	0	0	0
Net Income	394 000	2 032 000	76 000	−125 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 816 000	5 462 000	6 371 000	2 606 000
Total Current Assets	749 000	850 000	1 136 000	2 902 000
Total Assets	6 565 000	6 312 000	7 507 000	5 508 000
Total Retained Equity	2 279 000	2 086 000	303 000	428 000
Total Equity	2 575 000	2 381 000	599 000	723 000
Total Long-Term Debt	3 453 000	3 550 000	3 638 000	1 644 000
Total Current Debt	538 000	381 000	3 270 000	3 141 000
Total Equity and Debt	6 565 000	6 312 000	7 507 000	5 508 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 147 000	0	0	0
Other Income	295 000	247 000	152 000	56 000
Revenue	1 441 000	247 000	152 000	56 000
Cost of Goods Sold	95 000	0	0	0
Salary Costs	198 000	0	0	0
Depreciation	18 000	18 000	8 000	0
Impairment	0	0	0	0
Expenditure	516 000	165 000	91 000	161 000
Operating Profit	925 000	82 000	62 000	−105 000
Financial Income	80 000	2 960 000	228 000	36 000
Financial Costs	492 000	1 010 000	214 000	56 000
Financial Balance	−412 000	1 950 000	14 000	−20 000
Dividends	200 000	250 000	200 000	250 000
Net Income	394 000	2 032 000	76 000	−125 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 434 000	5 434 000	5 434 000	2 460 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	29 000	47 000	0
Total Tangible Assets	5 444 000	5 462 000	5 480 000	2 460 000
Total Fiancial Fixed Assets	372 000	0	891 000	146 000
Total Fixed Assets	5 816 000	5 462 000	6 371 000	2 606 000
Stock	0	0	0	0
Total Investments	352 000	688 000	0	0
Cash, Bank	223 000	91 000	1 126 000	2 902 000
Total Current Assets	749 000	850 000	1 136 000	2 902 000
Total Assets	6 565 000	6 312 000	7 507 000	5 508 000
Total Equity	2 575 000	2 381 000	599 000	723 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 453 000	3 550 000	3 638 000	1 644 000
Creditors	20 000	0	0	2 000
Unpaid Taxes	124 000	0	0	0
Dividends	200 000	250 000	200 000	250 000
Other Current Debt	74 000	131 000	3 070 000	2 889 000
Total Current Debt	538 000	381 000	3 270 000	3 141 000
Total Equity and Debt	6 565 000	6 312 000	7 507 000	5 508 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,3 %	85,34 %	12,69 %	−17,29 %
Debt-to-Equity Ratio	1,34	1,49	6,07	2,27
Operating Profit Margin	64,19 %	33,2 %	40,79 %	−187,5 %
Current Ratio	1,39	2,23	0,35	0,92
Quick Ratio	1,39	2,23	0,35	0,92
Equity Ratio	0,39	0,38	0,08	0,13
Gross Profit Margin	93,41 %	100 %	100 %	100 %