STECONFER S.A. - NORWAY BRANCH

3040 DRAMMEN

Finances

Share Ownership

Return on Equity

16,81 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	98 383 000	168 009 000	72 001 000
Net Income	982 000	1 600 000	3 259 000
Total Assets	35 962 000	65 603 000	45 772 000
Total Equity	5 841 000	4 859 000	3 259 000

Income (NOK)	2022	2021	2020
Revenue	98 383 000	168 009 000	72 001 000
Expenditure	98 138 000	165 647 000	68 942 000
Operating Profit	246 000	2 363 000	3 059 000
Financial Income	2 350 000	1 238 000	1 202 000
Financial Costs	1 337 000	1 549 000	83 000
Financial Balance	1 013 000	−311 000	1 119 000
Earnings Before Tax	1 259 000	2 051 000	4 178 000
Tax	277 000	451 000	920 000
Net Income	982 000	1 600 000	3 259 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	575 000	1 083 000	1 111 000
Total Current Assets	35 387 000	64 520 000	44 661 000
Total Assets	35 962 000	65 603 000	45 772 000
Total Retained Equity	5 841 000	4 859 000	3 259 000
Total Equity	5 841 000	4 859 000	3 259 000
Total Long-Term Debt	0	1 371 000	920 000
Total Current Debt	30 121 000	59 374 000	41 593 000
Total Equity and Debt	35 962 000	65 603 000	45 772 000

Cash flow (NOK)	2022	2021	2020
Sales Income	98 383 000	168 009 000	72 001 000
Other Income	0	0	0
Revenue	98 383 000	168 009 000	72 001 000
Cost of Goods Sold	73 509 000	124 068 000	54 467 000
Salary Costs	12 985 000	25 375 000	8 356 000
Depreciation	205 000	205 000	116 000
Impairment	0	0	0
Expenditure	98 138 000	165 647 000	68 942 000
Operating Profit	246 000	2 363 000	3 059 000
Financial Income	2 350 000	1 238 000	1 202 000
Financial Costs	1 337 000	1 549 000	83 000
Financial Balance	1 013 000	−311 000	1 119 000
Dividends	0	0	0
Net Income	982 000	1 600 000	3 259 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	8 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	481 000	686 000	866 000
Total Tangible Assets	481 000	686 000	866 000
Total Fiancial Fixed Assets	86 000	398 000	245 000
Total Fixed Assets	575 000	1 083 000	1 111 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	12 210 000	30 779 000	13 427 000
Total Current Assets	35 387 000	64 520 000	44 661 000
Total Assets	35 962 000	65 603 000	45 772 000
Total Equity	5 841 000	4 859 000	3 259 000
Short-Term Group Debt	0	694 000	0
Total Long-Term Debt	0	1 371 000	920 000
Creditors	12 274 000	42 340 000	29 484 000
Unpaid Taxes	4 690 000	6 849 000	3 091 000
Dividends	0	0	0
Other Current Debt	11 500 000	9 491 000	9 019 000
Total Current Debt	30 121 000	59 374 000	41 593 000
Total Equity and Debt	35 962 000	65 603 000	45 772 000

Financial indicators	2022	2021	2020
Return on Equity	16,81 %	32,93 %	100 %
Debt-to-Equity Ratio	0	0,28	0,28
Operating Profit Margin	0,25 %	1,41 %	4,25 %
Current Ratio	1,17	1,09	1,07
Quick Ratio	1,17	1,09	1,07
Equity Ratio	0,16	0,07	0,07
Gross Profit Margin	25,28 %	26,15 %	24,35 %