STAIRWAYS TO HEAVEN AS

9407 HARSTAD

Finances

Share Ownership

Return on Equity

56,59 %

Current Ratio

1,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 304 000	6 021 000	5 902 000	4 283 000
Net Income	678 000	−214 000	285 000	375 000
Total Assets	2 846 000	1 467 000	1 781 000	1 128 000
Total Equity	1 198 000	521 000	709 000	425 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 304 000	6 021 000	5 902 000	4 283 000
Expenditure	7 341 000	6 234 000	5 617 000	3 909 000
Operating Profit	964 000	−214 000	283 000	374 000
Financial Income	0	0	1 000	0
Financial Costs	7 000	0	0	0
Financial Balance	−7 000	0	1 000	0
Earnings Before Tax	957 000	−214 000	285 000	375 000
Tax	279 000	0	0	0
Net Income	678 000	−214 000	285 000	375 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	55 000	62 000	38 000
Total Current Assets	2 836 000	1 412 000	1 719 000	1 091 000
Total Assets	2 846 000	1 467 000	1 781 000	1 128 000
Total Retained Equity	1 168 000	465 000	679 000	395 000
Total Equity	1 198 000	521 000	709 000	425 000
Total Long-Term Debt	2 000	0	0	0
Total Current Debt	1 645 000	946 000	1 072 000	704 000
Total Equity and Debt	2 846 000	1 467 000	1 781 000	1 128 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 239 000	5 999 000	5 902 000	4 276 000
Other Income	65 000	22 000	0	7 000
Revenue	8 304 000	6 021 000	5 902 000	4 283 000
Cost of Goods Sold	5 593 000	2 914 000	3 070 000	2 359 000
Salary Costs	1 687 000	2 235 000	1 643 000	862 000
Depreciation	8 000	8 000	3 000	0
Impairment	0	0	0	0
Expenditure	7 341 000	6 234 000	5 617 000	3 909 000
Operating Profit	964 000	−214 000	283 000	374 000
Financial Income	0	0	1 000	0
Financial Costs	7 000	0	0	0
Financial Balance	−7 000	0	1 000	0
Dividends	0	0	0	0
Net Income	678 000	−214 000	285 000	375 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	38 000	38 000	38 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	17 000	25 000	0
Total Tangible Assets	9 000	17 000	25 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 000	55 000	62 000	38 000
Stock	73 000	73 000	73 000	73 000
Total Investments	0	0	0	0
Cash, Bank	1 508 000	619 000	1 109 000	831 000
Total Current Assets	2 836 000	1 412 000	1 719 000	1 091 000
Total Assets	2 846 000	1 467 000	1 781 000	1 128 000
Total Equity	1 198 000	521 000	709 000	425 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	0	0	0
Creditors	21 000	386 000	355 000	90 000
Unpaid Taxes	1 191 000	81 000	208 000	191 000
Dividends	0	0	0	0
Other Current Debt	257 000	229 000	176 000	90 000
Total Current Debt	1 645 000	946 000	1 072 000	704 000
Total Equity and Debt	2 846 000	1 467 000	1 781 000	1 128 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,59 %	−41,07 %	40,2 %	88,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,61 %	−3,55 %	4,79 %	8,73 %
Current Ratio	1,72	1,49	1,6	1,55
Quick Ratio	1,8	1,62	1,72	1,73
Equity Ratio	0,42	0,36	0,4	0,38
Gross Profit Margin	32,65 %	51,6 %	47,98 %	44,92 %