SELSTAD AS

6700 MÅLØY

Finances

Return on Equity

10,02 %

Current Ratio

1,86

Debt-to-Equity Ratio

1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	625 566 000	575 218 000	579 959 000	485 195 000
Net Income	10 039 000	25 857 000	28 533 000	14 372 000
Total Assets	378 674 000	327 493 000	299 721 000	259 540 000
Total Equity	100 193 000	105 153 000	94 297 000	85 763 000

Income (NOK)	2022	2021	2020	2019
Revenue	625 566 000	575 218 000	579 959 000	485 195 000
Expenditure	611 796 000	538 219 000	537 047 000	461 951 000
Operating Profit	13 770 000	36 999 000	42 912 000	23 244 000
Financial Income	6 585 000	677 000	189 000	658 000
Financial Costs	7 191 000	4 487 000	6 826 000	6 013 000
Financial Balance	−606 000	−3 810 000	−6 637 000	−5 355 000
Earnings Before Tax	13 164 000	33 189 000	36 275 000	17 889 000
Tax	3 125 000	7 332 000	7 742 000	3 517 000
Net Income	10 039 000	25 857 000	28 533 000	14 372 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	97 552 000	64 851 000	63 546 000	55 723 000
Total Current Assets	281 123 000	262 642 000	236 175 000	203 817 000
Total Assets	378 674 000	327 493 000	299 721 000	259 540 000
Total Retained Equity	71 846 000	76 806 000	65 950 000	57 416 000
Total Equity	100 193 000	105 153 000	94 297 000	85 763 000
Total Long-Term Debt	127 667 000	101 199 000	80 552 000	87 183 000
Total Current Debt	150 814 000	121 140 000	124 872 000	86 593 000
Total Equity and Debt	378 674 000	327 492 000	299 721 000	259 539 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	623 316 000	573 447 000	578 618 000	484 264 000
Other Income	2 251 000	1 771 000	1 341 000	931 000
Revenue	625 566 000	575 218 000	579 959 000	485 195 000
Cost of Goods Sold	387 740 000	337 640 000	348 833 000	285 249 000
Salary Costs	127 134 000	112 048 000	109 219 000	97 124 000
Depreciation	6 241 000	5 904 000	5 227 000	5 248 000
Impairment	0	0	0	0
Expenditure	611 796 000	538 219 000	537 047 000	461 951 000
Operating Profit	13 770 000	36 999 000	42 912 000	23 244 000
Financial Income	6 585 000	677 000	189 000	658 000
Financial Costs	7 191 000	4 487 000	6 826 000	6 013 000
Financial Balance	−606 000	−3 810 000	−6 637 000	−5 355 000
Dividends	15 000 000	15 000 000	20 000 000	0
Net Income	10 039 000	25 857 000	28 533 000	14 372 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	95 000	161 000
Real Eastate	8 817 000	5 314 000	3 243 000	201 000
Machinery and Plant Facilities	47 351 000	20 552 000	21 478 000	20 717 000
Fixtures	6 833 000	5 229 000	4 804 000	7 419 000
Total Tangible Assets	63 001 000	31 095 000	29 525 000	28 337 000
Total Fiancial Fixed Assets	34 550 000	33 756 000	33 926 000	27 225 000
Total Fixed Assets	97 552 000	64 851 000	63 546 000	55 723 000
Stock	186 090 000	144 320 000	155 929 000	139 875 000
Total Investments	0	0	0	0
Cash, Bank	6 108 000	6 242 000	10 005 000	8 418 000
Total Current Assets	281 123 000	262 642 000	236 175 000	203 817 000
Total Assets	378 674 000	327 493 000	299 721 000	259 540 000
Total Equity	100 193 000	105 153 000	94 297 000	85 763 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	127 667 000	101 199 000	80 552 000	87 183 000
Creditors	65 807 000	43 572 000	64 807 000	61 904 000
Unpaid Taxes	19 466 000	21 713 000	18 779 000	12 264 000
Dividends	15 000 000	15 000 000	20 000 000	0
Other Current Debt	24 156 000	19 435 000	15 196 000	10 313 000
Total Current Debt	150 814 000	121 140 000	124 872 000	86 593 000
Total Equity and Debt	378 674 000	327 492 000	299 721 000	259 539 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,02 %	24,59 %	30,26 %	16,76 %
Debt-to-Equity Ratio	1,27	0,96	0,85	1,02
Operating Profit Margin	2,2 %	6,43 %	7,4 %	4,79 %
Current Ratio	1,86	2,17	1,89	2,35
Quick Ratio	−7,97	−11,33	−7,6	−3,83
Equity Ratio	0,26	0,32	0,31	0,33
Gross Profit Margin	38,02 %	41,3 %	39,85 %	41,21 %