STØVLAND AS

3257 LARVIK

Finances

Share Ownership

Return on Equity

93,59 %

Current Ratio

0,52

Debt-to-Equity Ratio

6,65

Key figures (NOK)	2022	2021	2020
Revenue	1 407 000	1 044 000	588 000
Net Income	146 000	−52 000	252 000
Total Assets	1 704 000	992 000	1 361 000
Total Equity	156 000	188 000	262 000

Income (NOK)	2022	2021	2020
Revenue	1 407 000	1 044 000	588 000
Expenditure	1 136 000	1 038 000	249 000
Operating Profit	272 000	6 000	339 000
Financial Income	0	8 000	0
Financial Costs	76 000	60 000	16 000
Financial Balance	−76 000	−52 000	−16 000
Earnings Before Tax	196 000	−47 000	324 000
Tax	50 000	6 000	72 000
Net Income	146 000	−52 000	252 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 437 000	841 000	949 000
Total Current Assets	268 000	151 000	411 000
Total Assets	1 704 000	992 000	1 361 000
Total Retained Equity	126 000	158 000	232 000
Total Equity	156 000	188 000	262 000
Total Long-Term Debt	1 037 000	535 000	931 000
Total Current Debt	511 000	269 000	167 000
Total Equity and Debt	1 704 000	992 000	1 361 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 377 000	1 037 000	654 000
Other Income	31 000	8 000	−66 000
Revenue	1 407 000	1 044 000	588 000
Cost of Goods Sold	8 000	24 000	5 000
Salary Costs	702 000	387 000	47 000
Depreciation	63 000	133 000	64 000
Impairment	0	0	0
Expenditure	1 136 000	1 038 000	249 000
Operating Profit	272 000	6 000	339 000
Financial Income	0	8 000	0
Financial Costs	76 000	60 000	16 000
Financial Balance	−76 000	−52 000	−16 000
Dividends	0	0	0
Net Income	146 000	−52 000	252 000

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	0	0	0
Fixtures	93 000	155 000	919 000
Total Tangible Assets	93 000	155 000	919 000
Total Fiancial Fixed Assets	1 344 000	685 000	30 000
Total Fixed Assets	1 437 000	841 000	949 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	59 000	30 000	243 000
Total Current Assets	268 000	151 000	411 000
Total Assets	1 704 000	992 000	1 361 000
Total Equity	156 000	188 000	262 000
Short-Term Group Debt	228 000	29 000	18 000
Total Long-Term Debt	1 037 000	535 000	931 000
Creditors	35 000	70 000	18 000
Unpaid Taxes	150 000	71 000	78 000
Dividends	0	0	0
Other Current Debt	98 000	82 000	4 000
Total Current Debt	511 000	269 000	167 000
Total Equity and Debt	1 704 000	992 000	1 361 000

Financial indicators	2022	2021	2020
Return on Equity	93,59 %	−27,66 %	96,18 %
Debt-to-Equity Ratio	6,65	2,85	3,55
Operating Profit Margin	19,33 %	0,57 %	57,65 %
Current Ratio	0,52	0,56	2,46
Quick Ratio	0,52	0,56	2,46
Equity Ratio	0,09	0,19	0,19
Gross Profit Margin	99,43 %	97,7 %	99,15 %