STEELWRIST AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

−236,87 %

Current Ratio

0,86

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	88 359 000	66 966 000	75 559 000	94 318 000
Net Income	2 120 000	1 181 000	−5 243 000	−2 024 000
Total Assets	14 395 000	10 849 000	11 480 000	7 907 000
Total Equity	−895 000	−3 015 000	−4 196 000	1 047 000

Income (NOK)	2022	2021	2020	2019
Revenue	88 359 000	66 966 000	75 559 000	94 318 000
Expenditure	86 195 000	65 588 000	80 503 000	95 894 000
Operating Profit	2 165 000	1 377 000	−4 945 000	−1 576 000
Financial Income	0	0	0	0
Financial Costs	44 000	196 000	299 000	448 000
Financial Balance	−44 000	−196 000	−299 000	−448 000
Earnings Before Tax	2 120 000	1 181 000	−5 243 000	−2 024 000
Tax	0	0	0	0
Net Income	2 120 000	1 181 000	−5 243 000	−2 024 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 309 000	944 000	46 000	27 000
Total Current Assets	13 087 000	9 905 000	11 434 000	7 881 000
Total Assets	14 395 000	10 849 000	11 480 000	7 907 000
Total Retained Equity	−5 995 000	−8 115 000	−9 296 000	−4 053 000
Total Equity	−895 000	−3 015 000	−4 196 000	1 047 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 290 000	13 864 000	15 676 000	6 860 000
Total Equity and Debt	14 395 000	10 849 000	11 480 000	7 907 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	88 359 000	66 966 000	75 559 000	94 318 000
Other Income	0	0	0	0
Revenue	88 359 000	66 966 000	75 559 000	94 318 000
Cost of Goods Sold	73 541 000	52 923 000	68 494 000	87 256 000
Salary Costs	3 517 000	4 144 000	4 053 000	4 239 000
Depreciation	269 000	156 000	13 000	13 000
Impairment	0	0	0	0
Expenditure	86 195 000	65 588 000	80 503 000	95 894 000
Operating Profit	2 165 000	1 377 000	−4 945 000	−1 576 000
Financial Income	0	0	0	0
Financial Costs	44 000	196 000	299 000	448 000
Financial Balance	−44 000	−196 000	−299 000	−448 000
Dividends	0	0	0	0
Net Income	2 120 000	1 181 000	−5 243 000	−2 024 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	186 000	227 000	0	0
Machinery and Plant Facilities	1 123 000	715 000	0	0
Fixtures	0	2 000	46 000	27 000
Total Tangible Assets	1 309 000	944 000	46 000	27 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 309 000	944 000	46 000	27 000
Stock	6 666 000	6 199 000	4 384 000	3 542 000
Total Investments	0	0	0	0
Cash, Bank	894 000	987 000	1 195 000	751 000
Total Current Assets	13 087 000	9 905 000	11 434 000	7 881 000
Total Assets	14 395 000	10 849 000	11 480 000	7 907 000
Total Equity	−895 000	−3 015 000	−4 196 000	1 047 000
Short-Term Group Debt	0	0	2 500 000	0
Total Long-Term Debt	0	0	0	0
Creditors	9 295 000	9 923 000	10 140 000	3 597 000
Unpaid Taxes	4 299 000	2 425 000	2 211 000	2 767 000
Dividends	0	0	0	0
Other Current Debt	1 697 000	1 516 000	826 000	496 000
Total Current Debt	15 290 000	13 864 000	15 676 000	6 860 000
Total Equity and Debt	14 395 000	10 849 000	11 480 000	7 907 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−236,87 %	−39,17 %	124,95 %	−193,31 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	2,45 %	2,06 %	−6,54 %	−1,67 %
Current Ratio	0,86	0,71	0,73	1,15
Quick Ratio	1,52	1,29	1,01	2,38
Equity Ratio	−0,06	−0,28	−0,37	0,13
Gross Profit Margin	16,77 %	20,97 %	9,35 %	7,49 %