STAVANGER KORROSJON AS

4072 RANDABERG

Finances

Share Ownership

Return on Equity

13,82 %

Current Ratio

5,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 113 000	9 274 000	7 205 000	6 082 000
Net Income	1 312 000	1 067 000	767 000	226 000
Total Assets	11 209 000	9 791 000	8 169 000	7 417 000
Total Equity	9 491 000	8 179 000	7 112 000	6 346 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 113 000	9 274 000	7 205 000	6 082 000
Expenditure	9 473 000	7 938 000	6 282 000	5 803 000
Operating Profit	1 640 000	1 336 000	922 000	278 000
Financial Income	50 000	41 000	64 000	22 000
Financial Costs	8 000	9 000	4 000	11 000
Financial Balance	42 000	32 000	60 000	11 000
Earnings Before Tax	1 682 000	1 368 000	983 000	290 000
Tax	370 000	301 000	216 000	64 000
Net Income	1 312 000	1 067 000	767 000	226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 278 000	2 367 000	2 445 000	2 596 000
Total Current Assets	8 931 000	7 424 000	5 725 000	4 821 000
Total Assets	11 209 000	9 791 000	8 169 000	7 417 000
Total Retained Equity	9 341 000	8 029 000	6 962 000	6 196 000
Total Equity	9 491 000	8 179 000	7 112 000	6 346 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 717 000	1 612 000	1 057 000	1 071 000
Total Equity and Debt	11 209 000	9 791 000	8 169 000	7 417 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 113 000	9 274 000	7 205 000	6 082 000
Other Income	0	0	0	0
Revenue	11 113 000	9 274 000	7 205 000	6 082 000
Cost of Goods Sold	6 803 000	5 737 000	4 398 000	3 666 000
Salary Costs	2 164 000	1 778 000	1 306 000	1 571 000
Depreciation	83 000	90 000	157 000	202 000
Impairment	0	0	0	0
Expenditure	9 473 000	7 938 000	6 282 000	5 803 000
Operating Profit	1 640 000	1 336 000	922 000	278 000
Financial Income	50 000	41 000	64 000	22 000
Financial Costs	8 000	9 000	4 000	11 000
Financial Balance	42 000	32 000	60 000	11 000
Dividends	0	0	0	0
Net Income	1 312 000	1 067 000	767 000	226 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	31 000	35 000	29 000
Real Eastate	2 240 000	2 305 000	2 370 000	2 435 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	31 000	40 000	132 000
Total Tangible Assets	2 253 000	2 337 000	2 410 000	2 567 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 278 000	2 367 000	2 445 000	2 596 000
Stock	1 307 000	1 541 000	1 321 000	1 297 000
Total Investments	0	0	0	0
Cash, Bank	5 844 000	4 242 000	3 097 000	2 929 000
Total Current Assets	8 931 000	7 424 000	5 725 000	4 821 000
Total Assets	11 209 000	9 791 000	8 169 000	7 417 000
Total Equity	9 491 000	8 179 000	7 112 000	6 346 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	618 000	689 000	352 000	555 000
Unpaid Taxes	515 000	477 000	374 000	301 000
Dividends	0	0	0	0
Other Current Debt	220 000	148 000	109 000	139 000
Total Current Debt	1 717 000	1 612 000	1 057 000	1 071 000
Total Equity and Debt	11 209 000	9 791 000	8 169 000	7 417 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,82 %	13,05 %	10,78 %	3,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,76 %	14,41 %	12,8 %	4,57 %
Current Ratio	5,2	4,61	5,42	4,5
Quick Ratio	21,78	104,56	−21,69	−21,33
Equity Ratio	0,85	0,84	0,87	0,86
Gross Profit Margin	38,78 %	38,14 %	38,96 %	39,72 %