STAVANGER ENGINEERING AS

4033 STAVANGER

Finances

Return on Equity

35,69 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	90 276 000	65 084 000	55 490 000	46 828 000
Net Income	4 484 000	3 876 000	3 751 000	4 117 000
Total Assets	34 948 000	30 750 000	19 112 000	21 290 000
Total Equity	12 562 000	11 078 000	7 202 000	6 451 000

Income (NOK)	2022	2021	2020	2019
Revenue	90 276 000	65 084 000	55 490 000	46 828 000
Expenditure	84 631 000	60 006 000	50 696 000	41 304 000
Operating Profit	5 645 000	5 077 000	4 794 000	5 525 000
Financial Income	318 000	255 000	540 000	185 000
Financial Costs	251 000	383 000	550 000	134 000
Financial Balance	67 000	−128 000	−10 000	51 000
Earnings Before Tax	5 712 000	4 949 000	4 784 000	5 576 000
Tax	1 227 000	1 074 000	1 033 000	1 459 000
Net Income	4 484 000	3 876 000	3 751 000	4 117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	405 000	631 000	787 000	562 000
Total Current Assets	34 543 000	30 119 000	18 325 000	20 728 000
Total Assets	34 948 000	30 750 000	19 112 000	21 290 000
Total Retained Equity	7 491 000	6 007 000	2 131 000	1 380 000
Total Equity	12 562 000	11 078 000	7 202 000	6 451 000
Total Long-Term Debt	0	0	23 000	15 000
Total Current Debt	22 386 000	19 673 000	11 887 000	14 824 000
Total Equity and Debt	34 948 000	30 750 000	19 112 000	21 290 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	90 276 000	65 084 000	55 490 000	46 828 000
Other Income	0	0	0	0
Revenue	90 276 000	65 084 000	55 490 000	46 828 000
Cost of Goods Sold	53 799 000	35 463 000	27 582 000	24 873 000
Salary Costs	26 024 000	20 663 000	18 682 000	13 211 000
Depreciation	321 000	345 000	389 000	47 000
Impairment	0	0	0	0
Expenditure	84 631 000	60 006 000	50 696 000	41 304 000
Operating Profit	5 645 000	5 077 000	4 794 000	5 525 000
Financial Income	318 000	255 000	540 000	185 000
Financial Costs	251 000	383 000	550 000	134 000
Financial Balance	67 000	−128 000	−10 000	51 000
Dividends	3 000 000	0	3 000 000	3 000 000
Net Income	4 484 000	3 876 000	3 751 000	4 117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	166 000	105 000	69 000	173 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	110 000	397 000	694 000	389 000
Total Tangible Assets	110 000	397 000	694 000	389 000
Total Fiancial Fixed Assets	130 000	129 000	23 000	0
Total Fixed Assets	405 000	631 000	787 000	562 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 139 000	10 597 000	9 392 000	8 570 000
Total Current Assets	34 543 000	30 119 000	18 325 000	20 728 000
Total Assets	34 948 000	30 750 000	19 112 000	21 290 000
Total Equity	12 562 000	11 078 000	7 202 000	6 451 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	23 000	15 000
Creditors	3 773 000	5 979 000	3 435 000	3 871 000
Unpaid Taxes	1 825 000	1 696 000	1 321 000	1 046 000
Dividends	3 000 000	0	3 000 000	3 000 000
Other Current Debt	12 465 000	10 830 000	3 106 000	5 595 000
Total Current Debt	22 386 000	19 673 000	11 887 000	14 824 000
Total Equity and Debt	34 948 000	30 750 000	19 112 000	21 290 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,69 %	34,99 %	52,08 %	63,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,25 %	7,8 %	8,64 %	11,8 %
Current Ratio	1,54	1,53	1,54	1,4
Quick Ratio	1,54	1,53	1,54	1,4
Equity Ratio	0,36	0,36	0,38	0,3
Gross Profit Margin	40,41 %	45,51 %	50,29 %	46,88 %