STAVANGER STEEL AS

4100 JØRPELAND

Finances

Return on Equity

166,14 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	170 351 000	257 011 000	213 680 000	241 745 000
Net Income	8 990 000	−12 933 000	4 624 000	2 164 000
Total Assets	47 627 000	149 196 000	147 545 000	152 889 000
Total Equity	5 411 000	15 886 000	27 921 000	23 297 000

Income (NOK)	2022	2021	2020	2019
Revenue	170 351 000	257 011 000	213 680 000	241 745 000
Expenditure	117 386 000	253 432 000	213 720 000	228 045 000
Operating Profit	9 402 000	−10 956 000	8 605 000	4 546 000
Financial Income	6 524 000	5 198 000	5 483 000	5 769 000
Financial Costs	7 142 000	8 078 000	8 211 000	7 165 000
Financial Balance	−618 000	−2 880 000	−2 728 000	−1 396 000
Earnings Before Tax	8 784 000	−13 835 000	5 876 000	3 149 000
Tax	−206 000	−902 000	1 253 000	986 000
Net Income	8 990 000	−12 933 000	4 624 000	2 164 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000 000	12 500 000	16 305 000	13 834 000
Total Current Assets	46 627 000	136 696 000	131 240 000	139 055 000
Total Assets	47 627 000	149 196 000	147 545 000	152 889 000
Total Retained Equity	0	9 888 000	22 821 000	18 197 000
Total Equity	5 411 000	15 886 000	27 921 000	23 297 000
Total Long-Term Debt	3 537 000	15 927 000	24 430 000	24 713 000
Total Current Debt	38 679 000	117 382 000	95 194 000	104 879 000
Total Equity and Debt	47 627 000	149 196 000	147 545 000	152 889 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	147 045 000	252 454 000	210 518 000	237 239 000
Other Income	23 306 000	4 557 000	3 162 000	4 506 000
Revenue	170 351 000	257 011 000	213 680 000	241 745 000
Cost of Goods Sold	41 654 000	126 226 000	104 880 000	114 835 000
Salary Costs	29 295 000	63 479 000	60 379 000	60 454 000
Depreciation	4 081 000	−80 000	2 569 000	2 353 000
Impairment	0	0	0	0
Expenditure	117 386 000	253 432 000	213 720 000	228 045 000
Operating Profit	9 402 000	−10 956 000	8 605 000	4 546 000
Financial Income	6 524 000	5 198 000	5 483 000	5 769 000
Financial Costs	7 142 000	8 078 000	8 211 000	7 165 000
Financial Balance	−618 000	−2 880 000	−2 728 000	−1 396 000
Dividends	21 000 000	0	0	0
Net Income	8 990 000	−12 933 000	4 624 000	2 164 000

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	0	0	0	0
Fixtures	1 000 000	12 500 000	9 624 000	7 675 000
Total Tangible Assets	1 000 000	12 500 000	9 624 000	7 675 000
Total Fiancial Fixed Assets	0	0	6 681 000	6 160 000
Total Fixed Assets	1 000 000	12 500 000	16 305 000	13 834 000
Stock	3 688 000	70 052 000	78 442 000	68 754 000
Total Investments	0	0	0	0
Cash, Bank	920 000	2 249 000	1 837 000	11 564 000
Total Current Assets	46 627 000	136 696 000	131 240 000	139 055 000
Total Assets	47 627 000	149 196 000	147 545 000	152 889 000
Total Equity	5 411 000	15 886 000	27 921 000	23 297 000
Short-Term Group Debt	0	2 260 000	4 080 000	973 000
Total Long-Term Debt	3 537 000	15 927 000	24 430 000	24 713 000
Creditors	3 339 000	23 767 000	21 767 000	22 124 000
Unpaid Taxes	2 320 000	3 672 000	3 425 000	3 216 000
Dividends	21 000 000	0	0	0
Other Current Debt	3 189 000	14 874 000	7 562 000	8 609 000
Total Current Debt	38 679 000	117 382 000	95 194 000	104 879 000
Total Equity and Debt	47 627 000	149 196 000	147 545 000	152 889 000

Financial indicators	2022	2021	2020	2019
Return on Equity	166,14 %	−81,41 %	16,56 %	9,29 %
Debt-to-Equity Ratio	0,65	1	0,87	1,06
Operating Profit Margin	5,52 %	−4,26 %	4,03 %	1,88 %
Current Ratio	1,21	1,16	1,38	1,33
Quick Ratio	1,33	2,89	7,83	3,85
Equity Ratio	0,11	0,11	0,19	0,15
Gross Profit Margin	75,55 %	50,89 %	50,92 %	52,5 %