STITEKNIKK AS

3580 GEILO

Finances

Share Ownership

Return on Equity

59,57 %

Current Ratio

2,27

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020
Revenue	6 274 000	3 960 000	1 660 000
Net Income	448 000	51 000	228 000
Total Assets	1 215 000	711 000	539 000
Total Equity	752 000	303 000	253 000

Income (NOK)	2022	2021	2020
Revenue	6 274 000	3 960 000	1 660 000
Expenditure	5 686 000	3 883 000	1 362 000
Operating Profit	588 000	76 000	299 000
Financial Income	14 000	2 000	0
Financial Costs	27 000	13 000	8 000
Financial Balance	−13 000	−11 000	−8 000
Earnings Before Tax	575 000	65 000	291 000
Tax	127 000	14 000	63 000
Net Income	448 000	51 000	228 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	370 000	281 000	85 000
Total Current Assets	845 000	430 000	454 000
Total Assets	1 215 000	711 000	539 000
Total Retained Equity	722 000	273 000	228 000
Total Equity	752 000	303 000	253 000
Total Long-Term Debt	91 000	146 000	87 000
Total Current Debt	372 000	262 000	200 000
Total Equity and Debt	1 215 000	711 000	539 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 274 000	3 960 000	1 660 000
Other Income	0	0	0
Revenue	6 274 000	3 960 000	1 660 000
Cost of Goods Sold	3 200 000	1 813 000	436 000
Salary Costs	1 080 000	1 186 000	507 000
Depreciation	27 000	11 000	0
Impairment	0	0	0
Expenditure	5 686 000	3 883 000	1 362 000
Operating Profit	588 000	76 000	299 000
Financial Income	14 000	2 000	0
Financial Costs	27 000	13 000	8 000
Financial Balance	−13 000	−11 000	−8 000
Dividends	0	0	0
Net Income	448 000	51 000	228 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	134 000	98 000	0
Fixtures	72 000	45 000	0
Total Tangible Assets	206 000	143 000	0
Total Fiancial Fixed Assets	164 000	138 000	85 000
Total Fixed Assets	370 000	281 000	85 000
Stock	139 000	135 000	67 000
Total Investments	0	0	0
Cash, Bank	575 000	227 000	360 000
Total Current Assets	845 000	430 000	454 000
Total Assets	1 215 000	711 000	539 000
Total Equity	752 000	303 000	253 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	91 000	146 000	87 000
Creditors	85 000	73 000	34 000
Unpaid Taxes	67 000	68 000	21 000
Dividends	0	0	0
Other Current Debt	98 000	112 000	82 000
Total Current Debt	372 000	262 000	200 000
Total Equity and Debt	1 215 000	711 000	539 000

Financial indicators	2022	2021	2020
Return on Equity	59,57 %	16,83 %	90,12 %
Debt-to-Equity Ratio	0,12	0,48	0,34
Operating Profit Margin	9,37 %	1,92 %	18,01 %
Current Ratio	2,27	1,64	2,27
Quick Ratio	3,63	3,39	3,41
Equity Ratio	0,62	0,43	0,47
Gross Profit Margin	49 %	54,22 %	73,73 %