STENA CONFIDENTIAL AS

3920 PORSGRUNN

Finances

Share Ownership

Return on Equity

51,17 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	47 250 000	33 601 000	5 957 000
Net Income	8 963 000	3 027 000	−979 000
Total Assets	25 952 000	25 319 000	23 862 000
Total Equity	17 515 000	8 552 000	5 524 000

Income (NOK)	2022	2021	2020
Revenue	47 250 000	33 601 000	5 957 000
Expenditure	35 535 000	29 492 000	7 209 000
Operating Profit	11 716 000	4 109 000	−1 252 000
Financial Income	8 000	6 000	0
Financial Costs	244 000	234 000	5 000
Financial Balance	−236 000	−228 000	−5 000
Earnings Before Tax	11 480 000	3 881 000	−1 257 000
Tax	2 517 000	854 000	−278 000
Net Income	8 963 000	3 027 000	−979 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	13 660 000	14 030 000	14 354 000
Total Current Assets	12 292 000	11 289 000	9 508 000
Total Assets	25 952 000	25 319 000	23 862 000
Total Retained Equity	11 011 000	2 048 000	−979 000
Total Equity	17 515 000	8 552 000	5 524 000
Total Long-Term Debt	28 000	308 000	13 930 000
Total Current Debt	8 410 000	16 460 000	4 408 000
Total Equity and Debt	25 952 000	25 319 000	23 862 000

Cash flow (NOK)	2022	2021	2020
Sales Income	47 250 000	33 142 000	5 957 000
Other Income	0	459 000	0
Revenue	47 250 000	33 601 000	5 957 000
Cost of Goods Sold	6 426 000	2 993 000	0
Salary Costs	11 068 000	10 308 000	1 514 000
Depreciation	3 655 000	3 390 000	1 146 000
Impairment	0	0	0
Expenditure	35 535 000	29 492 000	7 209 000
Operating Profit	11 716 000	4 109 000	−1 252 000
Financial Income	8 000	6 000	0
Financial Costs	244 000	234 000	5 000
Financial Balance	−236 000	−228 000	−5 000
Dividends	0	0	0
Net Income	8 963 000	3 027 000	−979 000

Balance details (NOK)	2022	2021	2020
Goodwill	2 388 000	3 284 000	4 179 000
Total Intangible Assets	2 388 000	3 284 000	4 179 000
Real Eastate	0	0	0
Machinery and Plant Facilities	6 904 000	8 687 000	10 175 000
Fixtures	4 368 000	2 059 000	0
Total Tangible Assets	11 272 000	10 746 000	10 175 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	13 660 000	14 030 000	14 354 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	502 000	486 000	220 000
Total Current Assets	12 292 000	11 289 000	9 508 000
Total Assets	25 952 000	25 319 000	23 862 000
Total Equity	17 515 000	8 552 000	5 524 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	28 000	308 000	13 930 000
Creditors	780 000	1 730 000	1 166 000
Unpaid Taxes	2 216 000	1 095 000	374 000
Dividends	0	0	0
Other Current Debt	1 641 000	12 659 000	2 868 000
Total Current Debt	8 410 000	16 460 000	4 408 000
Total Equity and Debt	25 952 000	25 319 000	23 862 000

Financial indicators	2022	2021	2020
Return on Equity	51,17 %	35,4 %	−17,72 %
Debt-to-Equity Ratio	0	0,04	2,52
Operating Profit Margin	24,8 %	12,23 %	−21,02 %
Current Ratio	1,46	0,69	2,16
Quick Ratio	1,46	0,69	2,16
Equity Ratio	0,67	0,34	0,23
Gross Profit Margin	86,4 %	91,09 %	100 %