STEX AS

3123 TØNSBERG

Finances

Return on Equity

56,6 %

Current Ratio

7,81

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	104 000	409 000	2 296 000	3 061 000
Net Income	283 000	22 000	−5 000	89 000
Total Assets	559 000	359 000	489 000	928 000
Total Equity	500 000	267 000	245 000	250 000

Income (NOK)	2022	2021	2020	2019
Revenue	104 000	409 000	2 296 000	3 061 000
Expenditure	210 000	362 000	2 302 000	2 933 000
Operating Profit	−106 000	48 000	−5 000	130 000
Financial Income	375 000	0	0	0
Financial Costs	6 000	8 000	10 000	7 000
Financial Balance	369 000	−8 000	−10 000	−7 000
Earnings Before Tax	263 000	40 000	−16 000	123 000
Tax	−20 000	19 000	−11 000	34 000
Net Income	283 000	22 000	−5 000	89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	270 000	291 000	319 000	186 000
Total Current Assets	289 000	68 000	170 000	742 000
Total Assets	559 000	359 000	489 000	928 000
Total Retained Equity	470 000	237 000	215 000	220 000
Total Equity	500 000	267 000	245 000	250 000
Total Long-Term Debt	22 000	73 000	88 000	118 000
Total Current Debt	37 000	20 000	157 000	560 000
Total Equity and Debt	559 000	359 000	489 000	928 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	104 000	204 000	2 208 000	3 094 000
Other Income	0	205 000	88 000	−33 000
Revenue	104 000	409 000	2 296 000	3 061 000
Cost of Goods Sold	0	14 000	557 000	753 000
Salary Costs	41 000	106 000	1 250 000	1 651 000
Depreciation	28 000	39 000	42 000	28 000
Impairment	0	0	0	0
Expenditure	210 000	362 000	2 302 000	2 933 000
Operating Profit	−106 000	48 000	−5 000	130 000
Financial Income	375 000	0	0	0
Financial Costs	6 000	8 000	10 000	7 000
Financial Balance	369 000	−8 000	−10 000	−7 000
Dividends	50 000	0	0	0
Net Income	283 000	22 000	−5 000	89 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	63 000	91 000	119 000	133 000
Fixtures	0	0	0	53 000
Total Tangible Assets	63 000	91 000	119 000	186 000
Total Fiancial Fixed Assets	200 000	200 000	200 000	0
Total Fixed Assets	270 000	291 000	319 000	186 000
Stock	0	0	14 000	14 000
Total Investments	0	0	0	0
Cash, Bank	60 000	68 000	83 000	359 000
Total Current Assets	289 000	68 000	170 000	742 000
Total Assets	559 000	359 000	489 000	928 000
Total Equity	500 000	267 000	245 000	250 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 000	73 000	88 000	118 000
Creditors	31 000	8 000	7 000	109 000
Unpaid Taxes	0	2 000	21 000	201 000
Dividends	50 000	0	0	0
Other Current Debt	7 000	10 000	128 000	223 000
Total Current Debt	37 000	20 000	157 000	560 000
Total Equity and Debt	559 000	359 000	489 000	928 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,6 %	8,24 %	−2,04 %	35,6 %
Debt-to-Equity Ratio	0,04	0,27	0,36	0,47
Operating Profit Margin	−101,92 %	11,74 %	−0,22 %	4,25 %
Current Ratio	7,81	3,4	1,08	1,33
Quick Ratio	7,81	3,4	1,19	1,36
Equity Ratio	0,89	0,74	0,5	0,27
Gross Profit Margin	100 %	96,58 %	75,74 %	75,4 %