STÅLE HESTAD AS

6408 AUREOSEN

Finances

Share Ownership

Return on Equity

66,71 %

Current Ratio

0,78

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 809 000	1 673 000	1 739 000	1 631 000
Net Income	491 000	214 000	435 000	469 000
Total Assets	2 274 000	2 405 000	2 578 000	2 518 000
Total Equity	736 000	595 000	681 000	680 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 809 000	1 673 000	1 739 000	1 631 000
Expenditure	1 159 000	1 364 000	1 158 000	1 030 000
Operating Profit	651 000	308 000	581 000	600 000
Financial Income	5 000	3 000	1 000	1 000
Financial Costs	26 000	37 000	25 000	0
Financial Balance	−21 000	−34 000	−24 000	1 000
Earnings Before Tax	630 000	275 000	558 000	602 000
Tax	139 000	60 000	123 000	132 000
Net Income	491 000	214 000	435 000	469 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 452 000	1 678 000	1 989 000	1 227 000
Total Current Assets	823 000	726 000	590 000	1 290 000
Total Assets	2 274 000	2 405 000	2 578 000	2 518 000
Total Retained Equity	706 000	565 000	651 000	650 000
Total Equity	736 000	595 000	681 000	680 000
Total Long-Term Debt	481 000	998 000	1 115 000	90 000
Total Current Debt	1 057 000	811 000	783 000	1 747 000
Total Equity and Debt	2 274 000	2 405 000	2 578 000	2 518 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 770 000	1 622 000	1 416 000	1 620 000
Other Income	39 000	51 000	324 000	11 000
Revenue	1 809 000	1 673 000	1 739 000	1 631 000
Cost of Goods Sold	31 000	18 000	28 000	23 000
Salary Costs	267 000	412 000	335 000	231 000
Depreciation	316 000	310 000	269 000	237 000
Impairment	0	0	0	0
Expenditure	1 159 000	1 364 000	1 158 000	1 030 000
Operating Profit	651 000	308 000	581 000	600 000
Financial Income	5 000	3 000	1 000	1 000
Financial Costs	26 000	37 000	25 000	0
Financial Balance	−21 000	−34 000	−24 000	1 000
Dividends	350 000	300 000	434 000	1 300 000
Net Income	491 000	214 000	435 000	469 000

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	1 401 000	1 609 000	1 900 000	1 227 000
Fixtures	50 000	69 000	88 000	0
Total Tangible Assets	1 452 000	1 678 000	1 989 000	1 227 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 452 000	1 678 000	1 989 000	1 227 000
Stock	0	0	0	0
Total Investments	1 000	1 000	1 000	1 000
Cash, Bank	0	0	40 000	431 000
Total Current Assets	823 000	726 000	590 000	1 290 000
Total Assets	2 274 000	2 405 000	2 578 000	2 518 000
Total Equity	736 000	595 000	681 000	680 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	481 000	998 000	1 115 000	90 000
Creditors	124 000	94 000	18 000	145 000
Unpaid Taxes	119 000	190 000	125 000	127 000
Dividends	350 000	300 000	434 000	1 300 000
Other Current Debt	204 000	150 000	187 000	36 000
Total Current Debt	1 057 000	811 000	783 000	1 747 000
Total Equity and Debt	2 274 000	2 405 000	2 578 000	2 518 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,71 %	35,97 %	63,88 %	68,97 %
Debt-to-Equity Ratio	0,65	1,68	1,64	0,13
Operating Profit Margin	35,99 %	18,41 %	33,41 %	36,79 %
Current Ratio	0,78	0,9	0,75	0,74
Quick Ratio	0,78	0,9	0,75	0,74
Equity Ratio	0,32	0,25	0,26	0,27
Gross Profit Margin	98,29 %	98,92 %	98,39 %	98,59 %