STAVANGER ELEKTRISKE AS

4027 STAVANGER

Finances

Share Ownership

Return on Equity

47,52 %

Current Ratio

−0,07

Debt-to-Equity Ratio

−0,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	147 000	342 000	399 000	369 000
Net Income	−1 513 000	−330 000	−887 000	−359 000
Total Assets	−17 000	564 000	−191 000	831 000
Total Equity	−3 184 000	−1 671 000	−1 341 000	−453 000

Income (NOK)	2022	2021	2020	2019
Revenue	147 000	342 000	399 000	369 000
Expenditure	1 664 000	676 000	991 000	828 000
Operating Profit	−1 517 000	−334 000	−592 000	−459 000
Financial Income	4 000	4 000	4 000	4 000
Financial Costs	0	0	1 000	0
Financial Balance	4 000	4 000	3 000	4 000
Earnings Before Tax	−1 513 000	−330 000	−589 000	−455 000
Tax	0	0	298 000	−97 000
Net Income	−1 513 000	−330 000	−887 000	−359 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	18 000	0	298 000
Total Current Assets	−28 000	546 000	−191 000	533 000
Total Assets	−17 000	564 000	−191 000	831 000
Total Retained Equity	−3 286 000	−1 773 000	−1 443 000	−555 000
Total Equity	−3 184 000	−1 671 000	−1 341 000	−453 000
Total Long-Term Debt	2 770 000	2 000 000	1 000 000	1 000 000
Total Current Debt	397 000	234 000	150 000	284 000
Total Equity and Debt	−17 000	564 000	−191 000	831 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	147 000	342 000	399 000	369 000
Other Income	0	0	0	0
Revenue	147 000	342 000	399 000	369 000
Cost of Goods Sold	62 000	57 000	171 000	168 000
Salary Costs	1 448 000	456 000	670 000	503 000
Depreciation	6 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	1 664 000	676 000	991 000	828 000
Operating Profit	−1 517 000	−334 000	−592 000	−459 000
Financial Income	4 000	4 000	4 000	4 000
Financial Costs	0	0	1 000	0
Financial Balance	4 000	4 000	3 000	4 000
Dividends	0	0	0	0
Net Income	−1 513 000	−330 000	−887 000	−359 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	298 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	18 000	0	0
Total Tangible Assets	11 000	18 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 000	18 000	0	298 000
Stock	15 000	15 000	15 000	15 000
Total Investments	0	0	0	0
Cash, Bank	20 000	587 000	93 000	483 000
Total Current Assets	−28 000	546 000	−191 000	533 000
Total Assets	−17 000	564 000	−191 000	831 000
Total Equity	−3 184 000	−1 671 000	−1 341 000	−453 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 770 000	2 000 000	1 000 000	1 000 000
Creditors	27 000	36 000	−7 000	102 000
Unpaid Taxes	100 000	88 000	53 000	78 000
Dividends	0	0	0	0
Other Current Debt	269 000	111 000	104 000	104 000
Total Current Debt	397 000	234 000	150 000	284 000
Total Equity and Debt	−17 000	564 000	−191 000	831 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,52 %	19,75 %	66,14 %	79,25 %
Debt-to-Equity Ratio	−0,87	−1,2	−0,75	−2,21
Operating Profit Margin	−1 031,97 %	−97,66 %	−148,37 %	−124,39 %
Current Ratio	−0,07	2,33	−1,27	1,88
Quick Ratio	−0,07	2,49	−1,41	1,98
Equity Ratio	187,29	−2,96	7,02	−0,55
Gross Profit Margin	57,82 %	83,33 %	57,14 %	54,47 %