STEELWICK AS

1553 SON

Finances

Share Ownership

Return on Equity

−5 338,89 %

Current Ratio

0,63

Debt-to-Equity Ratio

225,35

Key figures (NOK)	2021	2020	2019	2018
Revenue	66 884 000	49 471 000	38 090 000	15 389 000
Net Income	−2 883 000	411 000	886 000	990 000
Total Assets	56 628 000	51 010 000	30 205 000	7 260 000
Total Equity	54 000	3 437 000	3 026 000	2 138 000

Income (NOK)	2021	2020	2019	2018
Revenue	66 884 000	49 471 000	38 090 000	15 389 000
Expenditure	68 228 000	47 369 000	36 110 000	13 386 000
Operating Profit	−1 344 000	2 102 000	1 979 000	2 003 000
Financial Income	1 354 000	733 000	608 000	76 000
Financial Costs	3 750 000	2 727 000	1 402 000	794 000
Financial Balance	−2 396 000	−1 994 000	−794 000	−718 000
Earnings Before Tax	−3 740 000	107 000	1 185 000	1 285 000
Tax	−857 000	−304 000	299 000	296 000
Net Income	−2 883 000	411 000	886 000	990 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	28 494 000	30 172 000	2 424 000	1 078 000
Total Current Assets	28 134 000	20 838 000	27 781 000	6 182 000
Total Assets	56 628 000	51 010 000	30 205 000	7 260 000
Total Retained Equity	24 000	2 907 000	2 496 000	1 608 000
Total Equity	54 000	3 437 000	3 026 000	2 138 000
Total Long-Term Debt	12 169 000	13 902 000	8 732 000	2 315 000
Total Current Debt	44 405 000	33 671 000	18 447 000	2 807 000
Total Equity and Debt	56 628 000	51 010 000	30 205 000	7 260 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	66 884 000	49 471 000	38 090 000	15 389 000
Other Income	0	0	0	0
Revenue	66 884 000	49 471 000	38 090 000	15 389 000
Cost of Goods Sold	46 832 000	22 040 000	21 685 000	9 820 000
Salary Costs	834 000	505 000	7 000	15 000
Depreciation	2 178 000	1 670 000	494 000	160 000
Impairment	0	0	0	0
Expenditure	68 228 000	47 369 000	36 110 000	13 386 000
Operating Profit	−1 344 000	2 102 000	1 979 000	2 003 000
Financial Income	1 354 000	733 000	608 000	76 000
Financial Costs	3 750 000	2 727 000	1 402 000	794 000
Financial Balance	−2 396 000	−1 994 000	−794 000	−718 000
Dividends	0	0	0	0
Net Income	−2 883 000	411 000	886 000	990 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	27 267 000	28 089 000	0	304 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 228 000	1 583 000	2 060 000	774 000
Total Tangible Assets	1 228 000	1 583 000	2 060 000	774 000
Total Fiancial Fixed Assets	0	500 000	364 000	0
Total Fixed Assets	28 494 000	30 172 000	2 424 000	1 078 000
Stock	12 938 000	14 515 000	21 846 000	3 375 000
Total Investments	0	0	0	0
Cash, Bank	1 775 000	49 000	134 000	935 000
Total Current Assets	28 134 000	20 838 000	27 781 000	6 182 000
Total Assets	56 628 000	51 010 000	30 205 000	7 260 000
Total Equity	54 000	3 437 000	3 026 000	2 138 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 169 000	13 902 000	8 732 000	2 315 000
Creditors	20 172 000	18 790 000	16 376 000	2 423 000
Unpaid Taxes	1 685 000	2 621 000	1 354 000	−231 000
Dividends	0	0	0	0
Other Current Debt	22 279 000	11 889 000	120 000	264 000
Total Current Debt	44 405 000	33 671 000	18 447 000	2 807 000
Total Equity and Debt	56 628 000	51 010 000	30 205 000	7 260 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−5 338,89 %	11,96 %	29,28 %	46,3 %
Debt-to-Equity Ratio	225,35	4,04	2,89	1,08
Operating Profit Margin	−2,01 %	4,25 %	5,2 %	13,02 %
Current Ratio	0,63	0,62	1,51	2,2
Quick Ratio	0,89	1,09	−8,17	−10,88
Equity Ratio	0	0,07	0,1	0,29
Gross Profit Margin	29,98 %	55,45 %	43,07 %	36,19 %