STAVANGER SEILMAKER AS

4085 HUNDVÅG

Finances

Share Ownership

Return on Equity

125,19 %

Current Ratio

0,17

Debt-to-Equity Ratio

−0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 487 000	4 346 000	3 058 000	1 497 000
Net Income	−328 000	−293 000	344 000	54 000
Total Assets	1 018 000	710 000	877 000	360 000
Total Equity	−262 000	66 000	359 000	15 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 487 000	4 346 000	3 058 000	1 497 000
Expenditure	6 786 000	4 635 000	2 620 000	1 443 000
Operating Profit	−298 000	−288 000	438 000	54 000
Financial Income	0	0	0	0
Financial Costs	30 000	6 000	0	0
Financial Balance	−30 000	−6 000	0	0
Earnings Before Tax	−328 000	−294 000	437 000	54 000
Tax	0	−2 000	93 000	0
Net Income	−328 000	−293 000	344 000	54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	830 000	237 000	193 000	197 000
Total Current Assets	188 000	473 000	684 000	162 000
Total Assets	1 018 000	710 000	877 000	360 000
Total Retained Equity	−292 000	36 000	335 000	−10 000
Total Equity	−262 000	66 000	359 000	15 000
Total Long-Term Debt	200 000	50 000	52 000	194 000
Total Current Debt	1 080 000	594 000	466 000	151 000
Total Equity and Debt	1 018 000	710 000	877 000	360 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 487 000	4 346 000	3 058 000	1 497 000
Other Income	0	0	0	0
Revenue	6 487 000	4 346 000	3 058 000	1 497 000
Cost of Goods Sold	2 963 000	1 733 000	744 000	282 000
Salary Costs	2 622 000	2 071 000	1 161 000	786 000
Depreciation	150 000	58 000	46 000	29 000
Impairment	0	0	0	0
Expenditure	6 786 000	4 635 000	2 620 000	1 443 000
Operating Profit	−298 000	−288 000	438 000	54 000
Financial Income	0	0	0	0
Financial Costs	30 000	6 000	0	0
Financial Balance	−30 000	−6 000	0	0
Dividends	0	0	0	0
Net Income	−328 000	−293 000	344 000	54 000

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	830 000	237 000	150 000	196 000
Total Tangible Assets	830 000	237 000	150 000	196 000
Total Fiancial Fixed Assets	0	0	43 000	1 000
Total Fixed Assets	830 000	237 000	193 000	197 000
Stock	322 000	185 000	211 000	120 000
Total Investments	0	0	0	0
Cash, Bank	−186 000	260 000	444 000	28 000
Total Current Assets	188 000	473 000	684 000	162 000
Total Assets	1 018 000	710 000	877 000	360 000
Total Equity	−262 000	66 000	359 000	15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	200 000	50 000	52 000	194 000
Creditors	437 000	4 000	27 000	13 000
Unpaid Taxes	319 000	356 000	187 000	74 000
Dividends	0	0	0	0
Other Current Debt	324 000	234 000	161 000	64 000
Total Current Debt	1 080 000	594 000	466 000	151 000
Total Equity and Debt	1 018 000	710 000	877 000	360 000

Financial indicators	2022	2021	2020	2019
Return on Equity	125,19 %	−443,94 %	95,82 %	360 %
Debt-to-Equity Ratio	−0,76	0,76	0,14	12,93
Operating Profit Margin	−4,59 %	−6,63 %	14,32 %	3,61 %
Current Ratio	0,17	0,8	1,47	1,07
Quick Ratio	0,25	1,16	2,68	5,23
Equity Ratio	−0,26	0,09	0,41	0,04
Gross Profit Margin	54,32 %	60,12 %	75,67 %	81,16 %