STEG II AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

90,72 %

Current Ratio

2,24

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 687 000	1 498 000	1 224 000	719 000
Net Income	391 000	99 000	129 000	170 000
Total Assets	909 000	699 000	692 000	359 000
Total Equity	431 000	438 000	339 000	210 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 687 000	1 498 000	1 224 000	719 000
Expenditure	2 176 000	1 365 000	1 056 000	502 000
Operating Profit	511 000	133 000	167 000	218 000
Financial Income	0	0	0	0
Financial Costs	8 000	6 000	0	0
Financial Balance	−8 000	−6 000	0	0
Earnings Before Tax	503 000	127 000	167 000	218 000
Tax	112 000	28 000	38 000	48 000
Net Income	391 000	99 000	129 000	170 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	146 000	191 000	252 000	27 000
Total Current Assets	763 000	508 000	441 000	332 000
Total Assets	909 000	699 000	692 000	359 000
Total Retained Equity	391 000	398 000	299 000	170 000
Total Equity	431 000	438 000	339 000	210 000
Total Long-Term Debt	137 000	194 000	0	0
Total Current Debt	340 000	67 000	353 000	149 000
Total Equity and Debt	909 000	699 000	692 000	359 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 687 000	1 498 000	1 224 000	719 000
Other Income	0	0	0	0
Revenue	2 687 000	1 498 000	1 224 000	719 000
Cost of Goods Sold	1 856 000	1 144 000	766 000	371 000
Salary Costs	8 000	5 000	2 000	1 000
Depreciation	46 000	60 000	80 000	8 000
Impairment	0	0	0	0
Expenditure	2 176 000	1 365 000	1 056 000	502 000
Operating Profit	511 000	133 000	167 000	218 000
Financial Income	0	0	0	0
Financial Costs	8 000	6 000	0	0
Financial Balance	−8 000	−6 000	0	0
Dividends	398 000	0	0	0
Net Income	391 000	99 000	129 000	170 000

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	146 000	191 000	252 000	27 000
Total Tangible Assets	146 000	191 000	252 000	27 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	146 000	191 000	252 000	27 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	599 000	366 000	321 000	143 000
Total Current Assets	763 000	508 000	441 000	332 000
Total Assets	909 000	699 000	692 000	359 000
Total Equity	431 000	438 000	339 000	210 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	137 000	194 000	0	0
Creditors	267 000	−3 000	311 000	68 000
Unpaid Taxes	−47 000	0	0	28 000
Dividends	398 000	0	0	0
Other Current Debt	9 000	41 000	4 000	4 000
Total Current Debt	340 000	67 000	353 000	149 000
Total Equity and Debt	909 000	699 000	692 000	359 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,72 %	22,6 %	38,05 %	80,95 %
Debt-to-Equity Ratio	0,32	0,44	0	0
Operating Profit Margin	19,02 %	8,88 %	13,64 %	30,32 %
Current Ratio	2,24	7,58	1,25	2,23
Quick Ratio	2,24	7,58	1,25	2,23
Equity Ratio	0,47	0,63	0,49	0,58
Gross Profit Margin	30,93 %	23,63 %	37,42 %	48,4 %