STARK ELECTRIC AS

1473 LØRENSKOG

Finances

Share Ownership

Return on Equity

68,15 %

Current Ratio

0,14

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	74 000	0	78 000
Net Income	−321 000	−68 000	−97 000	22 000
Total Assets	118 000	−167 000	−89 000	16 000
Total Equity	−471 000	−149 000	−81 000	16 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	74 000	0	78 000
Expenditure	322 000	142 000	97 000	55 000
Operating Profit	−321 000	−68 000	−97 000	22 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−321 000	−68 000	−97 000	22 000
Tax	0	0	0	0
Net Income	−321 000	−68 000	−97 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	42 000	48 000	54 000
Total Current Assets	81 000	−210 000	−137 000	−38 000
Total Assets	118 000	−167 000	−89 000	16 000
Total Retained Equity	−501 000	−143 000	−74 000	22 000
Total Equity	−471 000	−149 000	−81 000	16 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	588 000	−18 000	−8 000	0
Total Equity and Debt	118 000	−167 000	−89 000	16 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	74 000	0	78 000
Other Income	0	0	0	0
Revenue	0	74 000	0	78 000
Cost of Goods Sold	152 000	41 000	0	7 000
Salary Costs	0	0	4 000	0
Depreciation	6 000	6 000	6 000	3 000
Impairment	0	0	0	0
Expenditure	322 000	142 000	97 000	55 000
Operating Profit	−321 000	−68 000	−97 000	22 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−321 000	−68 000	−97 000	22 000

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	37 000	42 000	48 000	54 000
Total Tangible Assets	37 000	42 000	48 000	54 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	37 000	42 000	48 000	54 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	−246 000	−137 000	−38 000
Total Current Assets	81 000	−210 000	−137 000	−38 000
Total Assets	118 000	−167 000	−89 000	16 000
Total Equity	−471 000	−149 000	−81 000	16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	5 000	0
Unpaid Taxes	0	−24 000	−18 000	0
Dividends	0	0	0	0
Other Current Debt	26 000	6 000	6 000	0
Total Current Debt	588 000	−18 000	−8 000	0
Total Equity and Debt	118 000	−167 000	−89 000	16 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,15 %	45,64 %	119,75 %	137,5 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	-	−91,89 %	-	28,21 %
Current Ratio	0,14	11,67	17,13	-
Quick Ratio	0,14	11,67	17,13	-
Equity Ratio	−3,99	0,89	0,91	1
Gross Profit Margin	-	44,59 %	-	91,03 %