STM WELDING AS

5165 LAKSEVÅG

Finances

Share Ownership

Return on Equity

−61,04 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 952 000	6 673 000	6 363 000	5 606 000
Net Income	−401 000	−297 000	336 000	−49 000
Total Assets	2 014 000	2 468 000	3 440 000	1 787 000
Total Equity	657 000	1 057 000	1 354 000	1 018 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 952 000	6 673 000	6 363 000	5 606 000
Expenditure	5 565 000	7 048 000	5 922 000	5 665 000
Operating Profit	−499 000	−374 000	440 000	−59 000
Financial Income	0	3 000	0	9 000
Financial Costs	15 000	10 000	10 000	13 000
Financial Balance	−15 000	−7 000	−10 000	−4 000
Earnings Before Tax	−514 000	−381 000	431 000	−62 000
Tax	−113 000	−84 000	95 000	−14 000
Net Income	−401 000	−297 000	336 000	−49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	344 000	213 000	175 000	229 000
Total Current Assets	1 670 000	2 255 000	3 265 000	1 558 000
Total Assets	2 014 000	2 468 000	3 440 000	1 787 000
Total Retained Equity	137 000	537 000	834 000	498 000
Total Equity	657 000	1 057 000	1 354 000	1 018 000
Total Long-Term Debt	0	0	6 000	0
Total Current Debt	1 358 000	1 411 000	2 079 000	769 000
Total Equity and Debt	2 014 000	2 468 000	3 440 000	1 787 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 925 000	6 673 000	6 353 000	5 606 000
Other Income	26 000	0	10 000	0
Revenue	4 952 000	6 673 000	6 363 000	5 606 000
Cost of Goods Sold	1 158 000	2 475 000	2 482 000	2 087 000
Salary Costs	2 956 000	2 367 000	2 187 000	2 575 000
Depreciation	44 000	31 000	39 000	40 000
Impairment	0	0	0	0
Expenditure	5 565 000	7 048 000	5 922 000	5 665 000
Operating Profit	−499 000	−374 000	440 000	−59 000
Financial Income	0	3 000	0	9 000
Financial Costs	15 000	10 000	10 000	13 000
Financial Balance	−15 000	−7 000	−10 000	−4 000
Dividends	0	0	0	0
Net Income	−401 000	−297 000	336 000	−49 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	191 000	78 000	0	6 000
Real Eastate	98 000	122 000	146 000	171 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	54 000	2 000	8 000	23 000
Total Tangible Assets	151 000	124 000	154 000	194 000
Total Fiancial Fixed Assets	2 000	11 000	20 000	29 000
Total Fixed Assets	344 000	213 000	175 000	229 000
Stock	114 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	745 000	1 431 000	1 260 000	869 000
Total Current Assets	1 670 000	2 255 000	3 265 000	1 558 000
Total Assets	2 014 000	2 468 000	3 440 000	1 787 000
Total Equity	657 000	1 057 000	1 354 000	1 018 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	6 000	0
Creditors	592 000	813 000	1 443 000	299 000
Unpaid Taxes	288 000	171 000	239 000	166 000
Dividends	0	0	0	0
Other Current Debt	478 000	427 000	314 000	304 000
Total Current Debt	1 358 000	1 411 000	2 079 000	769 000
Total Equity and Debt	2 014 000	2 468 000	3 440 000	1 787 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−61,04 %	−28,1 %	24,82 %	−4,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,08 %	−5,6 %	6,91 %	−1,05 %
Current Ratio	1,23	1,6	1,57	2,03
Quick Ratio	1,34	1,6	1,57	2,03
Equity Ratio	0,33	0,43	0,39	0,57
Gross Profit Margin	76,62 %	62,91 %	60,99 %	62,77 %