STAVANGER STEEL INDUSTRIES AS

4100 JØRPELAND

Finances

Return on Equity

11,57 %

Current Ratio

1,17

Debt-to-Equity Ratio

1,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	375 503 000	449 382 000	383 384 000	365 267 000
Net Income	4 341 000	−24 094 000	327 000	5 232 000
Total Assets	157 078 000	293 758 000	278 854 000	256 604 000
Total Equity	37 511 000	33 252 000	56 451 000	54 735 000

Income (NOK)	2022	2021	2020	2019
Revenue	375 503 000	449 382 000	383 384 000	365 267 000
Expenditure	322 398 000	455 269 000	381 897 000	357 818 000
Operating Profit	6 075 000	−19 957 000	3 409 000	7 450 000
Financial Income	9 122 000	11 329 000	10 954 000	6 728 000
Financial Costs	12 012 000	16 118 000	11 782 000	6 785 000
Financial Balance	−2 890 000	−4 789 000	−828 000	−57 000
Earnings Before Tax	3 184 000	−24 747 000	2 582 000	7 393 000
Tax	−1 157 000	−653 000	2 254 000	0
Net Income	4 341 000	−24 094 000	327 000	5 232 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 613 000	88 977 000	91 246 000	79 830 000
Total Current Assets	91 465 000	204 782 000	187 607 000	176 773 000
Total Assets	157 078 000	293 758 000	278 854 000	256 604 000
Total Retained Equity	10 086 000	5 828 000	7 041 000	5 325 000
Total Equity	37 511 000	33 252 000	56 451 000	54 735 000
Total Long-Term Debt	41 560 000	83 937 000	76 102 000	63 134 000
Total Current Debt	78 007 000	176 569 000	146 301 000	138 735 000
Total Equity and Debt	157 078 000	293 758 000	278 854 000	256 604 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	351 412 000	444 825 000	380 221 000	360 844 000
Other Income	24 091 000	4 557 000	3 162 000	4 422 000
Revenue	375 503 000	449 382 000	383 384 000	365 267 000
Cost of Goods Sold	137 003 000	212 936 000	168 702 000	177 566 000
Salary Costs	84 544 000	126 849 000	120 628 000	92 819 000
Depreciation	11 814 000	12 051 000	11 069 000	7 683 000
Impairment	0	1 100 000	0	0
Expenditure	322 398 000	455 269 000	381 897 000	357 818 000
Operating Profit	6 075 000	−19 957 000	3 409 000	7 450 000
Financial Income	9 122 000	11 329 000	10 954 000	6 728 000
Financial Costs	12 012 000	16 118 000	11 782 000	6 785 000
Financial Balance	−2 890 000	−4 789 000	−828 000	−57 000
Dividends	0	0	0	0
Net Income	4 341 000	−24 094 000	327 000	5 232 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	17 927 000	21 562 000	26 965 000	27 604 000
Total Intangible Assets	17 927 000	21 562 000	26 965 000	27 604 000
Real Eastate	11 579 000	12 401 000	13 763 000	10 297 000
Machinery and Plant Facilities	13 168 000	34 239 000	30 561 000	18 781 000
Fixtures	0	0	0	0
Total Tangible Assets	24 747 000	46 640 000	44 324 000	29 078 000
Total Fiancial Fixed Assets	22 940 000	20 775 000	19 958 000	23 149 000
Total Fixed Assets	65 613 000	88 977 000	91 246 000	79 830 000
Stock	31 822 000	100 111 000	108 136 000	83 621 000
Total Investments	0	0	0	0
Cash, Bank	6 908 000	6 843 000	4 879 000	13 255 000
Total Current Assets	91 465 000	204 782 000	187 607 000	176 773 000
Total Assets	157 078 000	293 758 000	278 854 000	256 604 000
Total Equity	37 511 000	33 252 000	56 451 000	54 735 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	41 560 000	83 937 000	76 102 000	63 134 000
Creditors	20 661 000	46 171 000	34 328 000	34 434 000
Unpaid Taxes	2 615 000	4 358 000	4 158 000	3 264 000
Dividends	0	0	0	0
Other Current Debt	39 068 000	48 936 000	42 124 000	27 521 000
Total Current Debt	78 007 000	176 569 000	146 301 000	138 735 000
Total Equity and Debt	157 078 000	293 758 000	278 854 000	256 604 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,57 %	−72,46 %	0,58 %	9,56 %
Debt-to-Equity Ratio	1,11	2,52	1,35	1,15
Operating Profit Margin	1,62 %	−4,44 %	0,89 %	2,04 %
Current Ratio	1,17	1,16	1,28	1,27
Quick Ratio	1,98	2,68	4,92	3,21
Equity Ratio	0,24	0,11	0,2	0,21
Gross Profit Margin	63,51 %	52,62 %	56 %	51,39 %