STRØNSTAD MASKIN AS

8317 STRØNSTAD

Finances

Share Ownership

Return on Equity

46,77 %

Current Ratio

1,86

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020
Revenue	4 885 000	1 818 000	267 000
Net Income	601 000	458 000	−315 000
Total Assets	3 004 000	1 153 000	87 000
Total Equity	1 285 000	194 000	−265 000

Income (NOK)	2022	2021	2020
Revenue	4 885 000	1 818 000	267 000
Expenditure	4 310 000	1 230 000	570 000
Operating Profit	837 000	588 000	−303 000
Financial Income	0	0	0
Financial Costs	32 000	0	0
Financial Balance	−32 000	0	0
Earnings Before Tax	804 000	588 000	−303 000
Tax	203 000	129 000	12 000
Net Income	601 000	458 000	−315 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 471 000	566 000	54 000
Total Current Assets	1 532 000	587 000	32 000
Total Assets	3 004 000	1 153 000	87 000
Total Retained Equity	1 235 000	144 000	−315 000
Total Equity	1 285 000	194 000	−265 000
Total Long-Term Debt	894 000	34 000	12 000
Total Current Debt	824 000	925 000	339 000
Total Equity and Debt	3 004 000	1 153 000	87 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 729 000	1 818 000	267 000
Other Income	1 156 000	0	0
Revenue	4 885 000	1 818 000	267 000
Cost of Goods Sold	47 000	0	74 000
Salary Costs	618 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	4 310 000	1 230 000	570 000
Operating Profit	837 000	588 000	−303 000
Financial Income	0	0	0
Financial Costs	32 000	0	0
Financial Balance	−32 000	0	0
Dividends	0	0	0
Net Income	601 000	458 000	−315 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	176 000	46 000	0
Machinery and Plant Facilities	1 034 000	258 000	0
Fixtures	262 000	262 000	0
Total Tangible Assets	1 471 000	566 000	0
Total Fiancial Fixed Assets	0	0	54 000
Total Fixed Assets	1 471 000	566 000	54 000
Stock	491 000	0	0
Total Investments	0	0	0
Cash, Bank	69 000	547 000	32 000
Total Current Assets	1 532 000	587 000	32 000
Total Assets	3 004 000	1 153 000	87 000
Total Equity	1 285 000	194 000	−265 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	894 000	34 000	12 000
Creditors	1 249 000	399 000	104 000
Unpaid Taxes	194 000	88 000	0
Dividends	0	0	0
Other Current Debt	−618 000	256 000	236 000
Total Current Debt	824 000	925 000	339 000
Total Equity and Debt	3 004 000	1 153 000	87 000

Financial indicators	2022	2021	2020
Return on Equity	46,77 %	236,08 %	118,87 %
Debt-to-Equity Ratio	0,7	0,18	−0,05
Operating Profit Margin	17,13 %	32,34 %	−113,48 %
Current Ratio	1,86	0,63	0,09
Quick Ratio	4,6	0,63	0,09
Equity Ratio	0,43	0,17	−3,05
Gross Profit Margin	99,04 %	100 %	72,28 %