STANGESKOVENE ÅRNES AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

0,73 %

Current Ratio

1,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	78 651 000	80 980 000	71 172 000	70 206 000
Net Income	129 000	3 249 000	3 412 000	2 454 000
Total Assets	28 812 000	27 444 000	26 013 000	23 751 000
Total Equity	17 581 000	17 040 000	16 748 000	16 512 000

Income (NOK)	2022	2021	2020	2019
Revenue	78 651 000	80 980 000	71 172 000	70 206 000
Expenditure	78 313 000	76 893 000	66 975 000	67 287 000
Operating Profit	337 000	4 088 000	4 198 000	2 918 000
Financial Income	77 000	87 000	178 000	263 000
Financial Costs	227 000	3 000	0	12 000
Financial Balance	−150 000	84 000	178 000	251 000
Earnings Before Tax	188 000	4 172 000	4 375 000	3 169 000
Tax	59 000	923 000	964 000	714 000
Net Income	129 000	3 249 000	3 412 000	2 454 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 034 000	4 544 000	2 056 000	2 403 000
Total Current Assets	21 778 000	22 900 000	23 957 000	21 348 000
Total Assets	28 812 000	27 444 000	26 013 000	23 751 000
Total Retained Equity	1 785 000	1 244 000	952 000	716 000
Total Equity	17 581 000	17 040 000	16 748 000	16 512 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 231 000	10 404 000	9 266 000	7 239 000
Total Equity and Debt	28 812 000	27 444 000	26 013 000	23 751 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 651 000	80 850 000	71 172 000	70 206 000
Other Income	0	130 000	0	0
Revenue	78 651 000	80 980 000	71 172 000	70 206 000
Cost of Goods Sold	55 106 000	56 677 000	50 139 000	50 081 000
Salary Costs	12 181 000	11 479 000	10 215 000	10 143 000
Depreciation	1 116 000	591 000	279 000	289 000
Impairment	0	0	0	0
Expenditure	78 313 000	76 893 000	66 975 000	67 287 000
Operating Profit	337 000	4 088 000	4 198 000	2 918 000
Financial Income	77 000	87 000	178 000	263 000
Financial Costs	227 000	3 000	0	12 000
Financial Balance	−150 000	84 000	178 000	251 000
Dividends	0	0	0	0
Net Income	129 000	3 249 000	3 412 000	2 454 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	644 000	820 000	909 000	977 000
Real Eastate	2 610 000	1 061 000	0	0
Machinery and Plant Facilities	3 273 000	1 960 000	496 000	626 000
Fixtures	508 000	704 000	651 000	800 000
Total Tangible Assets	6 390 000	3 725 000	1 147 000	1 426 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 034 000	4 544 000	2 056 000	2 403 000
Stock	16 120 000	14 565 000	7 927 000	6 948 000
Total Investments	0	0	0	0
Cash, Bank	42 000	42 000	25 000	316 000
Total Current Assets	21 778 000	22 900 000	23 957 000	21 348 000
Total Assets	28 812 000	27 444 000	26 013 000	23 751 000
Total Equity	17 581 000	17 040 000	16 748 000	16 512 000
Short-Term Group Debt	6 283 000	3 843 000	4 103 000	2 228 000
Total Long-Term Debt	0	0	0	0
Creditors	1 296 000	3 107 000	2 297 000	1 891 000
Unpaid Taxes	1 207 000	1 278 000	631 000	944 000
Dividends	0	0	0	0
Other Current Debt	2 444 000	2 177 000	2 234 000	2 176 000
Total Current Debt	11 231 000	10 404 000	9 266 000	7 239 000
Total Equity and Debt	28 812 000	27 444 000	26 013 000	23 751 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,73 %	19,07 %	20,37 %	14,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,43 %	5,05 %	5,9 %	4,16 %
Current Ratio	1,94	2,2	2,59	2,95
Quick Ratio	−4,45	−5,5	17,89	73,36
Equity Ratio	0,61	0,62	0,64	0,7
Gross Profit Margin	29,94 %	30,01 %	29,55 %	28,67 %