STEINDE ENVIRONMENTAL AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

53,74 %

Current Ratio

2,61

Debt-to-Equity Ratio

1,33

Key figures (NOK)	2022	2021	2020
Revenue	11 032 000	11 335 000	2 897 000
Net Income	1 128 000	1 588 000	30 000
Total Assets	7 260 000	5 991 000	4 086 000
Total Equity	2 099 000	971 000	125 000

Income (NOK)	2022	2021	2020
Revenue	11 032 000	11 335 000	2 897 000
Expenditure	9 448 000	9 234 000	2 858 000
Operating Profit	1 584 000	2 101 000	39 000
Financial Income	2 000	4 000	0
Financial Costs	107 000	69 000	1 000
Financial Balance	−105 000	−65 000	−1 000
Earnings Before Tax	1 479 000	2 037 000	38 000
Tax	351 000	449 000	8 000
Net Income	1 128 000	1 588 000	30 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 059 000	1 336 000	4 000
Total Current Assets	6 201 000	4 656 000	4 082 000
Total Assets	7 260 000	5 991 000	4 086 000
Total Retained Equity	2 005 000	877 000	30 000
Total Equity	2 099 000	971 000	125 000
Total Long-Term Debt	2 784 000	2 913 000	1 500 000
Total Current Debt	2 376 000	2 107 000	2 461 000
Total Equity and Debt	7 260 000	5 991 000	4 086 000

Cash flow (NOK)	2022	2021	2020
Sales Income	11 032 000	11 335 000	2 897 000
Other Income	0	0	0
Revenue	11 032 000	11 335 000	2 897 000
Cost of Goods Sold	6 400 000	7 020 000	1 619 000
Salary Costs	1 605 000	834 000	645 000
Depreciation	307 000	181 000	0
Impairment	0	0	0
Expenditure	9 448 000	9 234 000	2 858 000
Operating Profit	1 584 000	2 101 000	39 000
Financial Income	2 000	4 000	0
Financial Costs	107 000	69 000	1 000
Financial Balance	−105 000	−65 000	−1 000
Dividends	0	0	0
Net Income	1 128 000	1 588 000	30 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	4 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	1 059 000	1 336 000	0
Total Tangible Assets	1 059 000	1 336 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 059 000	1 336 000	4 000
Stock	2 037 000	2 177 000	977 000
Total Investments	0	0	0
Cash, Bank	1 986 000	228 000	764 000
Total Current Assets	6 201 000	4 656 000	4 082 000
Total Assets	7 260 000	5 991 000	4 086 000
Total Equity	2 099 000	971 000	125 000
Short-Term Group Debt	950 000	950 000	0
Total Long-Term Debt	2 784 000	2 913 000	1 500 000
Creditors	741 000	487 000	707 000
Unpaid Taxes	176 000	221 000	552 000
Dividends	0	0	0
Other Current Debt	155 000	217 000	1 190 000
Total Current Debt	2 376 000	2 107 000	2 461 000
Total Equity and Debt	7 260 000	5 991 000	4 086 000

Financial indicators	2022	2021	2020
Return on Equity	53,74 %	163,54 %	24 %
Debt-to-Equity Ratio	1,33	3	12
Operating Profit Margin	14,36 %	18,54 %	1,35 %
Current Ratio	2,61	2,21	1,66
Quick Ratio	18,29	−66,51	2,75
Equity Ratio	0,29	0,16	0,03
Gross Profit Margin	41,99 %	38,07 %	44,11 %