STEIGEN MEKANISKE VERKSTED AS

8289 ENGELØYA

Finances

Share Ownership

Return on Equity

10,93 %

Current Ratio

1,72

Debt-to-Equity Ratio

1,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 751 000	8 557 000	5 964 000	5 077 000
Net Income	161 000	756 000	112 000	289 000
Total Assets	4 765 000	4 557 000	3 799 000	3 528 000
Total Equity	1 473 000	1 312 000	556 000	444 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 751 000	8 557 000	5 964 000	5 077 000
Expenditure	10 313 000	7 673 000	6 185 000	4 631 000
Operating Profit	319 000	1 068 000	249 000	446 000
Financial Income	7 000	7 000	8 000	2 000
Financial Costs	120 000	96 000	113 000	78 000
Financial Balance	−113 000	−89 000	−105 000	−76 000
Earnings Before Tax	206 000	979 000	143 000	370 000
Tax	46 000	223 000	32 000	81 000
Net Income	161 000	756 000	112 000	289 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 158 000	2 275 000	2 219 000	2 334 000
Total Current Assets	2 607 000	2 282 000	1 580 000	1 194 000
Total Assets	4 765 000	4 557 000	3 799 000	3 528 000
Total Retained Equity	1 385 000	1 224 000	468 000	356 000
Total Equity	1 473 000	1 312 000	556 000	444 000
Total Long-Term Debt	1 779 000	1 959 000	2 140 000	2 282 000
Total Current Debt	1 514 000	1 285 000	1 104 000	803 000
Total Equity and Debt	4 765 000	4 557 000	3 799 000	3 528 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 654 000	8 356 000	5 963 000	5 013 000
Other Income	98 000	201 000	1 000	64 000
Revenue	10 751 000	8 557 000	5 964 000	5 077 000
Cost of Goods Sold	5 481 000	3 457 000	2 493 000	1 621 000
Salary Costs	3 059 000	2 620 000	2 254 000	1 641 000
Depreciation	204 000	188 000	168 000	126 000
Impairment	0	0	0	0
Expenditure	10 313 000	7 673 000	6 185 000	4 631 000
Operating Profit	319 000	1 068 000	249 000	446 000
Financial Income	7 000	7 000	8 000	2 000
Financial Costs	120 000	96 000	113 000	78 000
Financial Balance	−113 000	−89 000	−105 000	−76 000
Dividends	0	0	0	0
Net Income	161 000	756 000	112 000	289 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	64 000	34 000	11 000	0
Real Eastate	1 886 000	1 938 000	1 899 000	2 002 000
Machinery and Plant Facilities	113 000	165 000	158 000	132 000
Fixtures	95 000	139 000	150 000	182 000
Total Tangible Assets	2 093 000	2 241 000	2 208 000	2 334 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 158 000	2 275 000	2 219 000	2 334 000
Stock	1 192 000	1 311 000	1 128 000	658 000
Total Investments	0	0	0	0
Cash, Bank	589 000	163 000	−17 000	69 000
Total Current Assets	2 607 000	2 282 000	1 580 000	1 194 000
Total Assets	4 765 000	4 557 000	3 799 000	3 528 000
Total Equity	1 473 000	1 312 000	556 000	444 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 779 000	1 959 000	2 140 000	2 282 000
Creditors	829 000	311 000	499 000	252 000
Unpaid Taxes	259 000	215 000	140 000	220 000
Dividends	0	0	0	0
Other Current Debt	350 000	513 000	415 000	187 000
Total Current Debt	1 514 000	1 285 000	1 104 000	803 000
Total Equity and Debt	4 765 000	4 557 000	3 799 000	3 528 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,93 %	57,62 %	20,14 %	65,09 %
Debt-to-Equity Ratio	1,21	1,49	3,85	5,14
Operating Profit Margin	2,97 %	12,48 %	4,18 %	8,78 %
Current Ratio	1,72	1,78	1,43	1,49
Quick Ratio	8,1	−87,77	−65,83	8,23
Equity Ratio	0,31	0,29	0,15	0,13
Gross Profit Margin	49,02 %	59,6 %	58,2 %	68,07 %