ALV B STEIRO & SØNN Rune Steiro

8400 SORTLAND

Finances

Share Ownership

Return on Equity

−673,03 %

Current Ratio

0,54

Debt-to-Equity Ratio

243,91

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 488 000	3 717 000	1 418 000	1 551 000
Net Income	−1 023 000	1 328 000	−742 000	−535 000
Total Assets	45 259 000	17 563 000	15 821 000	16 529 000
Total Equity	152 000	−3 759 000	−3 821 000	−1 069 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 488 000	3 717 000	1 418 000	1 551 000
Expenditure	1 965 000	1 915 000	1 602 000	1 630 000
Operating Profit	−477 000	1 803 000	−184 000	−80 000
Financial Income	0	0	0	0
Financial Costs	546 000	475 000	558 000	455 000
Financial Balance	−546 000	−475 000	−558 000	−455 000
Earnings Before Tax	−1 023 000	1 328 000	−742 000	−535 000
Tax	0	0	0	0
Net Income	−1 023 000	1 328 000	−742 000	−535 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	40 894 000	14 774 000	12 879 000	13 675 000
Total Current Assets	4 365 000	2 789 000	2 942 000	2 854 000
Total Assets	45 259 000	17 563 000	15 821 000	16 529 000
Total Retained Equity	152 000	−3 759 000	−3 821 000	−1 069 000
Total Equity	152 000	−3 759 000	−3 821 000	−1 069 000
Total Long-Term Debt	37 075 000	10 906 000	11 060 000	11 123 000
Total Current Debt	8 033 000	10 417 000	8 583 000	6 475 000
Total Equity and Debt	45 259 000	17 563 000	15 821 000	16 529 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 488 000	3 717 000	1 418 000	1 551 000
Other Income	0	0	0	0
Revenue	1 488 000	3 717 000	1 418 000	1 551 000
Cost of Goods Sold	0	0	14 000	0
Salary Costs	0	0	0	0
Depreciation	862 000	760 000	796 000	830 000
Impairment	0	0	0	0
Expenditure	1 965 000	1 915 000	1 602 000	1 630 000
Operating Profit	−477 000	1 803 000	−184 000	−80 000
Financial Income	0	0	0	0
Financial Costs	546 000	475 000	558 000	455 000
Financial Balance	−546 000	−475 000	−558 000	−455 000
Dividends	0	0	0	0
Net Income	−1 023 000	1 328 000	−742 000	−535 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	40 794 000	14 674 000	12 779 000	13 575 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	40 794 000	14 674 000	12 779 000	13 575 000
Total Fiancial Fixed Assets	100 000	100 000	100 000	100 000
Total Fixed Assets	40 894 000	14 774 000	12 879 000	13 675 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	68 000	0	0	0
Total Current Assets	4 365 000	2 789 000	2 942 000	2 854 000
Total Assets	45 259 000	17 563 000	15 821 000	16 529 000
Total Equity	152 000	−3 759 000	−3 821 000	−1 069 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	37 075 000	10 906 000	11 060 000	11 123 000
Creditors	7 990 000	581 000	94 000	123 000
Unpaid Taxes	0	−93 000	58 000	47 000
Dividends	0	0	0	0
Other Current Debt	43 000	8 190 000	6 861 000	4 918 000
Total Current Debt	8 033 000	10 417 000	8 583 000	6 475 000
Total Equity and Debt	45 259 000	17 563 000	15 821 000	16 529 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−673,03 %	−35,33 %	19,42 %	50,05 %
Debt-to-Equity Ratio	243,91	−2,9	−2,89	−10,41
Operating Profit Margin	−32,06 %	48,51 %	−12,98 %	−5,16 %
Current Ratio	0,54	0,27	0,34	0,44
Quick Ratio	0,54	0,27	0,34	0,44
Equity Ratio	0	−0,21	−0,24	−0,06
Gross Profit Margin	100 %	100 %	99,01 %	100 %