STETIND ELEKTRO AS

8540 BALLANGEN

Finances

Share Ownership

Return on Equity

−29,59 %

Current Ratio

1,61

Debt-to-Equity Ratio

3,02

Key figures (NOK)	2022	2021	2020
Revenue	1 081 000	303 000	201 000
Net Income	−29 000	55 000	42 000
Total Assets	536 000	540 000	220 000
Total Equity	98 000	127 000	72 000

Income (NOK)	2022	2021	2020
Revenue	1 081 000	303 000	201 000
Expenditure	1 104 000	226 000	143 000
Operating Profit	−22 000	77 000	58 000
Financial Income	0	0	0
Financial Costs	16 000	6 000	4 000
Financial Balance	−16 000	−6 000	−4 000
Earnings Before Tax	−38 000	71 000	54 000
Tax	−8 000	16 000	12 000
Net Income	−29 000	55 000	42 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	307 000	363 000	0
Total Current Assets	229 000	177 000	220 000
Total Assets	536 000	540 000	220 000
Total Retained Equity	68 000	97 000	42 000
Total Equity	98 000	127 000	72 000
Total Long-Term Debt	296 000	339 000	0
Total Current Debt	142 000	74 000	148 000
Total Equity and Debt	536 000	540 000	220 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 081 000	303 000	201 000
Other Income	0	0	0
Revenue	1 081 000	303 000	201 000
Cost of Goods Sold	487 000	109 000	106 000
Salary Costs	314 000	35 000	0
Depreciation	57 000	5 000	0
Impairment	0	0	0
Expenditure	1 104 000	226 000	143 000
Operating Profit	−22 000	77 000	58 000
Financial Income	0	0	0
Financial Costs	16 000	6 000	4 000
Financial Balance	−16 000	−6 000	−4 000
Dividends	0	0	0
Net Income	−29 000	55 000	42 000

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	307 000	363 000	0
Total Tangible Assets	307 000	363 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	307 000	363 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	108 000	177 000	172 000
Total Current Assets	229 000	177 000	220 000
Total Assets	536 000	540 000	220 000
Total Equity	98 000	127 000	72 000
Short-Term Group Debt	0	6 000	6 000
Total Long-Term Debt	296 000	339 000	0
Creditors	75 000	55 000	93 000
Unpaid Taxes	35 000	11 000	37 000
Dividends	0	0	0
Other Current Debt	32 000	3 000	0
Total Current Debt	142 000	74 000	148 000
Total Equity and Debt	536 000	540 000	220 000

Financial indicators	2022	2021	2020
Return on Equity	−29,59 %	43,31 %	58,33 %
Debt-to-Equity Ratio	3,02	2,67	0
Operating Profit Margin	−2,04 %	25,41 %	28,86 %
Current Ratio	1,61	2,39	1,49
Quick Ratio	1,61	2,39	1,49
Equity Ratio	0,18	0,24	0,33
Gross Profit Margin	54,95 %	64,03 %	47,26 %