BERTEL O. STEEN POWER SOLUTIONS NORTH AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

27,5 %

Current Ratio

1,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 108 000	20 553 000	19 588 000	20 356 000
Net Income	1 378 000	1 183 000	1 285 000	1 805 000
Total Assets	9 684 000	6 753 000	10 464 000	7 339 000
Total Equity	5 010 000	3 632 000	6 721 000	5 437 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 108 000	20 553 000	19 588 000	20 356 000
Expenditure	24 345 000	19 027 000	17 924 000	17 968 000
Operating Profit	1 763 000	1 526 000	1 664 000	2 388 000
Financial Income	14 000	2 000	3 000	7 000
Financial Costs	10 000	11 000	20 000	81 000
Financial Balance	4 000	−9 000	−17 000	−74 000
Earnings Before Tax	1 767 000	1 517 000	1 647 000	2 314 000
Tax	389 000	334 000	362 000	509 000
Net Income	1 378 000	1 183 000	1 285 000	1 805 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 153 000	1 758 000	2 109 000	3 892 000
Total Current Assets	8 531 000	4 995 000	8 356 000	3 446 000
Total Assets	9 684 000	6 753 000	10 464 000	7 339 000
Total Retained Equity	459 000	−919 000	2 170 000	886 000
Total Equity	5 010 000	3 632 000	6 721 000	5 437 000
Total Long-Term Debt	6 000	87 000	136 000	191 000
Total Current Debt	4 668 000	3 034 000	3 607 000	1 711 000
Total Equity and Debt	9 684 000	6 753 000	10 464 000	7 339 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 108 000	20 553 000	19 588 000	20 356 000
Other Income	0	0	0	0
Revenue	26 108 000	20 553 000	19 588 000	20 356 000
Cost of Goods Sold	16 745 000	16 034 000	14 521 000	15 074 000
Salary Costs	4 243 000	−97 000	−536 000	−159 000
Depreciation	760 000	757 000	769 000	650 000
Impairment	0	0	0	0
Expenditure	24 345 000	19 027 000	17 924 000	17 968 000
Operating Profit	1 763 000	1 526 000	1 664 000	2 388 000
Financial Income	14 000	2 000	3 000	7 000
Financial Costs	10 000	11 000	20 000	81 000
Financial Balance	4 000	−9 000	−17 000	−74 000
Dividends	0	4 272 000	0	0
Net Income	1 378 000	1 183 000	1 285 000	1 805 000

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	1 153 000	1 758 000	2 109 000	2 721 000
Total Tangible Assets	1 153 000	1 758 000	2 109 000	2 721 000
Total Fiancial Fixed Assets	0	0	0	1 172 000
Total Fixed Assets	1 153 000	1 758 000	2 109 000	3 892 000
Stock	1 606 000	2 690 000	2 004 000	2 033 000
Total Investments	0	0	0	0
Cash, Bank	197 000	210 000	157 000	173 000
Total Current Assets	8 531 000	4 995 000	8 356 000	3 446 000
Total Assets	9 684 000	6 753 000	10 464 000	7 339 000
Total Equity	5 010 000	3 632 000	6 721 000	5 437 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	87 000	136 000	191 000
Creditors	1 788 000	661 000	2 438 000	978 000
Unpaid Taxes	239 000	355 000	216 000	230 000
Dividends	0	4 272 000	0	0
Other Current Debt	2 171 000	451 000	536 000	444 000
Total Current Debt	4 668 000	3 034 000	3 607 000	1 711 000
Total Equity and Debt	9 684 000	6 753 000	10 464 000	7 339 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,5 %	32,57 %	19,12 %	33,2 %
Debt-to-Equity Ratio	0	0,02	0,02	0,04
Operating Profit Margin	6,75 %	7,42 %	8,49 %	11,73 %
Current Ratio	1,83	1,65	2,32	2,01
Quick Ratio	2,79	14,52	5,21	−10,7
Equity Ratio	0,52	0,54	0,64	0,74
Gross Profit Margin	35,86 %	21,99 %	25,87 %	25,95 %