TORLEIF STEIRO AS

8400 SORTLAND

Finances

Return on Equity

3,28 %

Current Ratio

6,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 955 000	13 032 000	12 200 000	11 540 000
Net Income	321 000	710 000	804 000	−113 000
Total Assets	11 441 000	11 951 000	11 673 000	10 549 000
Total Equity	9 787 000	9 622 000	9 458 000	9 043 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 955 000	13 032 000	12 200 000	11 540 000
Expenditure	11 633 000	12 157 000	11 207 000	11 742 000
Operating Profit	322 000	875 000	993 000	−202 000
Financial Income	92 000	36 000	39 000	57 000
Financial Costs	3 000	1 000	1 000	0
Financial Balance	89 000	35 000	38 000	57 000
Earnings Before Tax	412 000	910 000	1 031 000	−145 000
Tax	91 000	201 000	227 000	−32 000
Net Income	321 000	710 000	804 000	−113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	466 000	492 000	554 000	583 000
Total Current Assets	10 975 000	11 459 000	11 119 000	9 967 000
Total Assets	11 441 000	11 951 000	11 673 000	10 549 000
Total Retained Equity	9 031 000	8 866 000	8 702 000	8 287 000
Total Equity	9 787 000	9 622 000	9 458 000	9 043 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 654 000	2 330 000	2 215 000	1 506 000
Total Equity and Debt	11 441 000	11 951 000	11 673 000	10 549 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 955 000	13 032 000	12 165 000	11 540 000
Other Income	1 000	0	35 000	0
Revenue	11 955 000	13 032 000	12 200 000	11 540 000
Cost of Goods Sold	6 415 000	7 030 000	6 464 000	6 673 000
Salary Costs	3 262 000	3 277 000	3 012 000	3 146 000
Depreciation	31 000	63 000	56 000	38 000
Impairment	0	0	0	0
Expenditure	11 633 000	12 157 000	11 207 000	11 742 000
Operating Profit	322 000	875 000	993 000	−202 000
Financial Income	92 000	36 000	39 000	57 000
Financial Costs	3 000	1 000	1 000	0
Financial Balance	89 000	35 000	38 000	57 000
Dividends	0	0	0	0
Net Income	321 000	710 000	804 000	−113 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	6 000	5 000	17 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	48 000	110 000	127 000
Total Tangible Assets	16 000	48 000	110 000	127 000
Total Fiancial Fixed Assets	438 000	438 000	438 000	438 000
Total Fixed Assets	466 000	492 000	554 000	583 000
Stock	6 095 000	5 653 000	5 567 000	5 667 000
Total Investments	0	0	0	0
Cash, Bank	4 629 000	5 677 000	5 368 000	3 800 000
Total Current Assets	10 975 000	11 459 000	11 119 000	9 967 000
Total Assets	11 441 000	11 951 000	11 673 000	10 549 000
Total Equity	9 787 000	9 622 000	9 458 000	9 043 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	323 000	311 000	412 000	504 000
Unpaid Taxes	558 000	626 000	601 000	487 000
Dividends	0	0	0	0
Other Current Debt	722 000	1 345 000	1 097 000	514 000
Total Current Debt	1 654 000	2 330 000	2 215 000	1 506 000
Total Equity and Debt	11 441 000	11 951 000	11 673 000	10 549 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,28 %	7,38 %	8,5 %	−1,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,69 %	6,71 %	8,14 %	−1,75 %
Current Ratio	6,64	4,92	5,02	6,62
Quick Ratio	−2,47	−3,45	−3,32	−2,4
Equity Ratio	0,86	0,81	0,81	0,86
Gross Profit Margin	46,34 %	46,06 %	47,02 %	42,18 %