STAR EQUIPMENT AS

3936 PORSGRUNN

Finances

Share Ownership

Return on Equity

67,54 %

Current Ratio

0,11

Debt-to-Equity Ratio

−50,38

Key figures (NOK)	2022	2021	2020
Revenue	713 000	574 000	210 000
Net Income	−77 000	−62 000	−63 000
Total Assets	6 155 000	5 978 000	3 894 000
Total Equity	−114 000	−37 000	25 000

Income (NOK)	2022	2021	2020
Revenue	713 000	574 000	210 000
Expenditure	576 000	493 000	201 000
Operating Profit	137 000	81 000	8 000
Financial Income	0	0	0
Financial Costs	179 000	136 000	71 000
Financial Balance	−179 000	−136 000	−71 000
Earnings Before Tax	−42 000	−54 000	−63 000
Tax	35 000	8 000	0
Net Income	−77 000	−62 000	−63 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	6 095 000	5 857 000	3 866 000
Total Current Assets	60 000	122 000	29 000
Total Assets	6 155 000	5 978 000	3 894 000
Total Retained Equity	−202 000	−125 000	−63 000
Total Equity	−114 000	−37 000	25 000
Total Long-Term Debt	5 743 000	5 844 000	2 864 000
Total Current Debt	527 000	171 000	1 005 000
Total Equity and Debt	6 155 000	5 978 000	3 894 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	713 000	574 000	210 000
Revenue	713 000	574 000	210 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	261 000	189 000	133 000
Impairment	0	0	0
Expenditure	576 000	493 000	201 000
Operating Profit	137 000	81 000	8 000
Financial Income	0	0	0
Financial Costs	179 000	136 000	71 000
Financial Balance	−179 000	−136 000	−71 000
Dividends	0	0	0
Net Income	−77 000	−62 000	−63 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	6 095 000	5 857 000	3 866 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	6 095 000	5 857 000	3 866 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	6 095 000	5 857 000	3 866 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	57 000	117 000	29 000
Total Current Assets	60 000	122 000	29 000
Total Assets	6 155 000	5 978 000	3 894 000
Total Equity	−114 000	−37 000	25 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	5 743 000	5 844 000	2 864 000
Creditors	11 000	16 000	10 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	481 000	147 000	995 000
Total Current Debt	527 000	171 000	1 005 000
Total Equity and Debt	6 155 000	5 978 000	3 894 000

Financial indicators	2022	2021	2020
Return on Equity	67,54 %	167,57 %	−252 %
Debt-to-Equity Ratio	−50,38	−157,95	114,56
Operating Profit Margin	19,21 %	14,11 %	3,81 %
Current Ratio	0,11	0,71	0,03
Quick Ratio	0,11	0,71	0,03
Equity Ratio	−0,02	−0,01	0,01
Gross Profit Margin	100 %	100 %	100 %