ESPEN STØVERUD AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

128,3 %

Current Ratio

1,15

Debt-to-Equity Ratio

3,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 779 000	147 000	611 000	1 558 000
Net Income	68 000	4 000	−42 000	−6 000
Total Assets	684 000	32 000	27 000	455 000
Total Equity	53 000	−14 000	−18 000	24 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 779 000	147 000	611 000	1 558 000
Expenditure	1 686 000	144 000	652 000	1 560 000
Operating Profit	93 000	4 000	−41 000	−2 000
Financial Income	0	0	0	0
Financial Costs	13 000	0	3 000	4 000
Financial Balance	−13 000	0	−3 000	−4 000
Earnings Before Tax	80 000	4 000	−43 000	−5 000
Tax	12 000	0	−1 000	1 000
Net Income	68 000	4 000	−42 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	156 000	0	0	282 000
Total Current Assets	528 000	32 000	27 000	174 000
Total Assets	684 000	32 000	27 000	455 000
Total Retained Equity	23 000	−44 000	−48 000	−6 000
Total Equity	53 000	−14 000	−18 000	24 000
Total Long-Term Debt	171 000	0	0	205 000
Total Current Debt	460 000	47 000	46 000	226 000
Total Equity and Debt	684 000	32 000	27 000	455 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 779 000	147 000	611 000	1 558 000
Other Income	0	0	0	0
Revenue	1 779 000	147 000	611 000	1 558 000
Cost of Goods Sold	927 000	5 000	173 000	359 000
Salary Costs	610 000	0	91 000	577 000
Depreciation	19 000	0	0	25 000
Impairment	0	0	0	0
Expenditure	1 686 000	144 000	652 000	1 560 000
Operating Profit	93 000	4 000	−41 000	−2 000
Financial Income	0	0	0	0
Financial Costs	13 000	0	3 000	4 000
Financial Balance	−13 000	0	−3 000	−4 000
Dividends	0	0	0	0
Net Income	68 000	4 000	−42 000	−6 000

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	156 000	0	0	282 000
Total Tangible Assets	156 000	0	0	282 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	156 000	0	0	282 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	162 000	32 000	15 000	128 000
Total Current Assets	528 000	32 000	27 000	174 000
Total Assets	684 000	32 000	27 000	455 000
Total Equity	53 000	−14 000	−18 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	171 000	0	0	205 000
Creditors	244 000	7 000	−2 000	51 000
Unpaid Taxes	130 000	14 000	7 000	90 000
Dividends	0	0	0	0
Other Current Debt	78 000	25 000	41 000	85 000
Total Current Debt	460 000	47 000	46 000	226 000
Total Equity and Debt	684 000	32 000	27 000	455 000

Financial indicators	2022	2021	2020	2019
Return on Equity	128,3 %	−28,57 %	233,33 %	−25 %
Debt-to-Equity Ratio	3,23	−0	−0	8,54
Operating Profit Margin	5,23 %	2,72 %	−6,71 %	−0,13 %
Current Ratio	1,15	0,68	0,59	0,77
Quick Ratio	1,15	0,68	0,59	0,77
Equity Ratio	0,08	−0,44	−0,67	0,05
Gross Profit Margin	47,89 %	96,6 %	71,69 %	76,96 %