STEIGEN OLJESERVICE AS

8285 LEINES

Finances

Return on Equity

−10,33 %

Current Ratio

0,88

Debt-to-Equity Ratio

0,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	68 397 000	47 617 000	39 279 000	45 751 000
Net Income	−19 000	141 000	−206 000	−220 000
Total Assets	14 525 000	12 194 000	9 831 000	10 284 000
Total Equity	184 000	203 000	62 000	268 000

Income (NOK)	2022	2021	2020	2019
Revenue	68 397 000	47 617 000	39 279 000	45 751 000
Expenditure	68 060 000	47 229 000	39 219 000	45 859 000
Operating Profit	336 000	389 000	60 000	−109 000
Financial Income	78 000	49 000	51 000	113 000
Financial Costs	433 000	296 000	317 000	224 000
Financial Balance	−355 000	−247 000	−266 000	−111 000
Earnings Before Tax	−19 000	141 000	−206 000	−220 000
Tax	0	0	0	0
Net Income	−19 000	141 000	−206 000	−220 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 008 000	1 946 000	2 012 000	2 143 000
Total Current Assets	12 517 000	10 248 000	7 820 000	8 141 000
Total Assets	14 525 000	12 194 000	9 831 000	10 284 000
Total Retained Equity	−916 000	−897 000	−1 038 000	−832 000
Total Equity	184 000	203 000	62 000	268 000
Total Long-Term Debt	126 000	185 000	240 000	36 000
Total Current Debt	14 216 000	11 806 000	9 530 000	9 980 000
Total Equity and Debt	14 525 000	12 194 000	9 831 000	10 284 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	68 391 000	47 584 000	38 743 000	45 526 000
Other Income	5 000	32 000	536 000	224 000
Revenue	68 397 000	47 617 000	39 279 000	45 751 000
Cost of Goods Sold	55 684 000	37 107 000	29 876 000	35 887 000
Salary Costs	4 815 000	4 017 000	3 920 000	3 992 000
Depreciation	280 000	270 000	281 000	324 000
Impairment	0	0	0	0
Expenditure	68 060 000	47 229 000	39 219 000	45 859 000
Operating Profit	336 000	389 000	60 000	−109 000
Financial Income	78 000	49 000	51 000	113 000
Financial Costs	433 000	296 000	317 000	224 000
Financial Balance	−355 000	−247 000	−266 000	−111 000
Dividends	0	0	0	0
Net Income	−19 000	141 000	−206 000	−220 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 189 000	1 150 000	1 212 000	1 353 000
Fixtures	482 000	422 000	485 000	449 000
Total Tangible Assets	1 671 000	1 572 000	1 697 000	1 802 000
Total Fiancial Fixed Assets	337 000	375 000	315 000	341 000
Total Fixed Assets	2 008 000	1 946 000	2 012 000	2 143 000
Stock	5 913 000	5 412 000	4 270 000	5 083 000
Total Investments	0	0	0	0
Cash, Bank	202 000	241 000	129 000	139 000
Total Current Assets	12 517 000	10 248 000	7 820 000	8 141 000
Total Assets	14 525 000	12 194 000	9 831 000	10 284 000
Total Equity	184 000	203 000	62 000	268 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	126 000	185 000	240 000	36 000
Creditors	9 671 000	8 653 000	6 722 000	7 153 000
Unpaid Taxes	531 000	236 000	392 000	204 000
Dividends	0	0	0	0
Other Current Debt	537 000	476 000	411 000	380 000
Total Current Debt	14 216 000	11 806 000	9 530 000	9 980 000
Total Equity and Debt	14 525 000	12 194 000	9 831 000	10 284 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,33 %	69,46 %	−332,26 %	−82,09 %
Debt-to-Equity Ratio	0,68	0,91	3,87	0,13
Operating Profit Margin	0,49 %	0,82 %	0,15 %	−0,24 %
Current Ratio	0,88	0,87	0,82	0,82
Quick Ratio	1,51	1,6	1,49	1,66
Equity Ratio	0,01	0,02	0,01	0,03
Gross Profit Margin	18,59 %	22,07 %	23,94 %	21,56 %