MATS ERIK STORSTAD AS

7711 STEINKJER

Finances

Share Ownership

Return on Equity

−3,38 %

Current Ratio

1,97

Debt-to-Equity Ratio

2,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 251 000	3 262 000	2 382 000	1 733 000
Net Income	−18 000	−14 000	20 000	89 000
Total Assets	2 012 000	2 994 000	2 863 000	2 961 000
Total Equity	533 000	551 000	565 000	545 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 251 000	3 262 000	2 382 000	1 733 000
Expenditure	3 222 000	3 231 000	2 289 000	1 559 000
Operating Profit	29 000	31 000	92 000	173 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	52 000	48 000	66 000	59 000
Financial Balance	−51 000	−48 000	−65 000	−58 000
Earnings Before Tax	−23 000	−17 000	27 000	114 000
Tax	−5 000	−3 000	7 000	25 000
Net Income	−18 000	−14 000	20 000	89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 536 000	1 770 000	1 988 000	2 336 000
Total Current Assets	476 000	1 224 000	874 000	625 000
Total Assets	2 012 000	2 994 000	2 863 000	2 961 000
Total Retained Equity	433 000	451 000	465 000	445 000
Total Equity	533 000	551 000	565 000	545 000
Total Long-Term Debt	1 237 000	1 528 000	1 817 000	2 024 000
Total Current Debt	242 000	916 000	481 000	393 000
Total Equity and Debt	2 012 000	2 994 000	2 863 000	2 961 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 251 000	3 262 000	2 382 000	1 733 000
Other Income	0	0	0	0
Revenue	3 251 000	3 262 000	2 382 000	1 733 000
Cost of Goods Sold	802 000	892 000	762 000	225 000
Salary Costs	503 000	511 000	544 000	551 000
Depreciation	382 000	373 000	348 000	235 000
Impairment	0	0	0	0
Expenditure	3 222 000	3 231 000	2 289 000	1 559 000
Operating Profit	29 000	31 000	92 000	173 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	52 000	48 000	66 000	59 000
Financial Balance	−51 000	−48 000	−65 000	−58 000
Dividends	0	0	0	0
Net Income	−18 000	−14 000	20 000	89 000

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	1 536 000	1 770 000	1 988 000	2 336 000
Fixtures	0	0	0	0
Total Tangible Assets	1 536 000	1 770 000	1 988 000	2 336 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 536 000	1 770 000	1 988 000	2 336 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	256 000	481 000	626 000	341 000
Total Current Assets	476 000	1 224 000	874 000	625 000
Total Assets	2 012 000	2 994 000	2 863 000	2 961 000
Total Equity	533 000	551 000	565 000	545 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 237 000	1 528 000	1 817 000	2 024 000
Creditors	79 000	719 000	191 000	183 000
Unpaid Taxes	119 000	131 000	204 000	140 000
Dividends	0	0	0	0
Other Current Debt	45 000	66 000	86 000	70 000
Total Current Debt	242 000	916 000	481 000	393 000
Total Equity and Debt	2 012 000	2 994 000	2 863 000	2 961 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,38 %	−2,54 %	3,54 %	16,33 %
Debt-to-Equity Ratio	2,32	2,77	3,22	3,71
Operating Profit Margin	0,89 %	0,95 %	3,86 %	9,98 %
Current Ratio	1,97	1,34	1,82	1,59
Quick Ratio	1,97	1,34	1,82	1,59
Equity Ratio	0,26	0,18	0,2	0,18
Gross Profit Margin	75,33 %	72,65 %	68,01 %	87,02 %