STATECH AS

4050 SOLA

Finances

Return on Equity

−14,44 %

Current Ratio

0,65

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	582 000	572 000	469 000	677 000
Net Income	−3 080 000	−586 000	−8 129 000	6 020 000
Total Assets	32 046 000	34 683 000	35 311 000	48 316 000
Total Equity	21 335 000	24 415 000	25 001 000	33 130 000

Income (NOK)	2022	2021	2020	2019
Revenue	582 000	572 000	469 000	677 000
Expenditure	3 291 000	1 222 000	7 835 000	3 781 000
Operating Profit	−2 708 000	−650 000	−7 366 000	−3 103 000
Financial Income	35 000	33 000	187 000	9 921 000
Financial Costs	408 000	−31 000	950 000	799 000
Financial Balance	−373 000	64 000	−763 000	9 122 000
Earnings Before Tax	−3 080 000	−586 000	−8 129 000	6 020 000
Tax	0	0	0	0
Net Income	−3 080 000	−586 000	−8 129 000	6 020 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 504 000	34 033 000	33 953 000	45 845 000
Total Current Assets	541 000	650 000	1 357 000	2 472 000
Total Assets	32 046 000	34 683 000	35 311 000	48 316 000
Total Retained Equity	21 135 000	24 215 000	24 801 000	32 930 000
Total Equity	21 335 000	24 415 000	25 001 000	33 130 000
Total Long-Term Debt	9 875 000	9 875 000	9 875 000	12 000 000
Total Current Debt	836 000	393 000	435 000	3 186 000
Total Equity and Debt	32 046 000	34 683 000	35 311 000	48 316 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	582 000	572 000	469 000	677 000
Revenue	582 000	572 000	469 000	677 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	14 000	32 000	15 000
Depreciation	238 000	236 000	321 000	508 000
Impairment	815 000	−400 000	2 683 000	1 315 000
Expenditure	3 291 000	1 222 000	7 835 000	3 781 000
Operating Profit	−2 708 000	−650 000	−7 366 000	−3 103 000
Financial Income	35 000	33 000	187 000	9 921 000
Financial Costs	408 000	−31 000	950 000	799 000
Financial Balance	−373 000	64 000	−763 000	9 122 000
Dividends	0	0	0	0
Net Income	−3 080 000	−586 000	−8 129 000	6 020 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 910 000	14 079 000	13 717 000	18 798 000
Machinery and Plant Facilities	0	90 000	95 000	100 000
Fixtures	493 000	661 000	853 000	1 127 000
Total Tangible Assets	12 403 000	14 830 000	14 666 000	20 026 000
Total Fiancial Fixed Assets	19 101 000	19 203 000	19 288 000	25 819 000
Total Fixed Assets	31 504 000	34 033 000	33 953 000	45 845 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	307 000	422 000	852 000	2 046 000
Total Current Assets	541 000	650 000	1 357 000	2 472 000
Total Assets	32 046 000	34 683 000	35 311 000	48 316 000
Total Equity	21 335 000	24 415 000	25 001 000	33 130 000
Short-Term Group Debt	0	0	34 000	2 490 000
Total Long-Term Debt	9 875 000	9 875 000	9 875 000	12 000 000
Creditors	178 000	125 000	239 000	587 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	657 000	268 000	162 000	109 000
Total Current Debt	836 000	393 000	435 000	3 186 000
Total Equity and Debt	32 046 000	34 683 000	35 311 000	48 316 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,44 %	−2,4 %	−32,51 %	18,17 %
Debt-to-Equity Ratio	0,46	0,4	0,39	0,36
Operating Profit Margin	−465,29 %	−113,64 %	−1 570,58 %	−458,35 %
Current Ratio	0,65	1,65	3,12	0,78
Quick Ratio	0,65	1,65	3,12	0,78
Equity Ratio	0,67	0,7	0,71	0,69
Gross Profit Margin	100 %	100 %	100 %	100 %