STEELMASTER AS

4636 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

32,86 %

Current Ratio

2,07

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 497 000	3 579 000	465 000	11 277 000
Net Income	442 000	215 000	−754 000	1 235 000
Total Assets	3 452 000	3 265 000	2 264 000	3 785 000
Total Equity	1 345 000	903 000	520 000	1 273 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 497 000	3 579 000	465 000	11 277 000
Expenditure	5 204 000	2 806 000	1 169 000	9 692 000
Operating Profit	701 000	365 000	−704 000	1 584 000
Financial Income	4 000	14 000	0	2 000
Financial Costs	137 000	86 000	63 000	15 000
Financial Balance	−133 000	−72 000	−63 000	−13 000
Earnings Before Tax	569 000	293 000	−767 000	1 571 000
Tax	127 000	78 000	−13 000	336 000
Net Income	442 000	215 000	−754 000	1 235 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 761 000	1 880 000	2 000 000	2 124 000
Total Current Assets	1 691 000	1 385 000	264 000	1 661 000
Total Assets	3 452 000	3 265 000	2 264 000	3 785 000
Total Retained Equity	1 315 000	873 000	490 000	1 243 000
Total Equity	1 345 000	903 000	520 000	1 273 000
Total Long-Term Debt	1 292 000	1 479 000	1 561 000	1 613 000
Total Current Debt	815 000	883 000	183 000	899 000
Total Equity and Debt	3 452 000	3 265 000	2 264 000	3 785 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 497 000	3 511 000	407 000	11 077 000
Other Income	0	68 000	59 000	200 000
Revenue	5 497 000	3 579 000	465 000	11 277 000
Cost of Goods Sold	2 801 000	1 925 000	208 000	6 680 000
Salary Costs	1 867 000	424 000	562 000	2 000 000
Depreciation	101 000	103 000	106 000	46 000
Impairment	0	0	0	0
Expenditure	5 204 000	2 806 000	1 169 000	9 692 000
Operating Profit	701 000	365 000	−704 000	1 584 000
Financial Income	4 000	14 000	0	2 000
Financial Costs	137 000	86 000	63 000	15 000
Financial Balance	−133 000	−72 000	−63 000	−13 000
Dividends	0	0	0	0
Net Income	442 000	215 000	−754 000	1 235 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 654 000	1 755 000	1 858 000	1 959 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	4 000
Total Tangible Assets	1 654 000	1 755 000	1 858 000	1 964 000
Total Fiancial Fixed Assets	107 000	125 000	143 000	160 000
Total Fixed Assets	1 761 000	1 880 000	2 000 000	2 124 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	869 000	1 366 000	152 000	399 000
Total Current Assets	1 691 000	1 385 000	264 000	1 661 000
Total Assets	3 452 000	3 265 000	2 264 000	3 785 000
Total Equity	1 345 000	903 000	520 000	1 273 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 292 000	1 479 000	1 561 000	1 613 000
Creditors	50 000	15 000	108 000	124 000
Unpaid Taxes	429 000	278 000	17 000	180 000
Dividends	0	0	0	0
Other Current Debt	206 000	522 000	58 000	272 000
Total Current Debt	815 000	883 000	183 000	899 000
Total Equity and Debt	3 452 000	3 265 000	2 264 000	3 785 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,86 %	23,81 %	−145 %	97,01 %
Debt-to-Equity Ratio	0,96	1,64	3	1,27
Operating Profit Margin	12,75 %	10,2 %	−151,4 %	14,05 %
Current Ratio	2,07	1,57	1,44	1,85
Quick Ratio	2,07	1,57	1,44	1,85
Equity Ratio	0,39	0,28	0,23	0,34
Gross Profit Margin	49,04 %	46,21 %	55,27 %	40,76 %