GEORG STANGELAND AS

4053 RÆGE

Finances

Share Ownership

Return on Equity

26,56 %

Current Ratio

1,61

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 885 000	13 709 000	6 079 000	9 254 000
Net Income	162 000	5 857 000	−9 201 000	903 000
Total Assets	2 545 000	7 110 000	3 152 000	10 631 000
Total Equity	610 000	448 000	−909 000	8 292 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 885 000	13 709 000	6 079 000	9 254 000
Expenditure	2 641 000	6 668 000	9 458 000	8 066 000
Operating Profit	243 000	7 041 000	−3 380 000	1 188 000
Financial Income	5 000	0	0	7 000
Financial Costs	6 000	18 000	6 096 000	37 000
Financial Balance	−1 000	−18 000	−6 096 000	−30 000
Earnings Before Tax	242 000	7 024 000	−9 476 000	1 157 000
Tax	80 000	1 167 000	−276 000	254 000
Net Income	162 000	5 857 000	−9 201 000	903 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	254 000	1 617 000	2 316 000	6 568 000
Total Current Assets	2 290 000	5 493 000	836 000	4 063 000
Total Assets	2 545 000	7 110 000	3 152 000	10 631 000
Total Retained Equity	162 000	0	−3 347 000	5 853 000
Total Equity	610 000	448 000	−909 000	8 292 000
Total Long-Term Debt	511 000	681 000	0	0
Total Current Debt	1 424 000	5 981 000	4 061 000	2 340 000
Total Equity and Debt	2 545 000	7 110 000	3 152 000	10 631 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 569 000	2 499 000	4 454 000	8 774 000
Other Income	316 000	11 210 000	1 624 000	480 000
Revenue	2 885 000	13 709 000	6 079 000	9 254 000
Cost of Goods Sold	701 000	0	5 000	243 000
Salary Costs	632 000	1 321 000	0	43 000
Depreciation	300 000	1 505 000	882 000	889 000
Impairment	0	0	0	0
Expenditure	2 641 000	6 668 000	9 458 000	8 066 000
Operating Profit	243 000	7 041 000	−3 380 000	1 188 000
Financial Income	5 000	0	0	7 000
Financial Costs	6 000	18 000	6 096 000	37 000
Financial Balance	−1 000	−18 000	−6 096 000	−30 000
Dividends	0	4 500 000	0	0
Net Income	162 000	5 857 000	−9 201 000	903 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	71 000
Real Eastate	0	0	0	1 300 000
Machinery and Plant Facilities	254 000	1 617 000	2 157 000	2 946 000
Fixtures	0	0	10 000	15 000
Total Tangible Assets	254 000	1 617 000	2 167 000	4 262 000
Total Fiancial Fixed Assets	0	0	150 000	2 236 000
Total Fixed Assets	254 000	1 617 000	2 316 000	6 568 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 030 000	5 242 000	0	1 043 000
Total Current Assets	2 290 000	5 493 000	836 000	4 063 000
Total Assets	2 545 000	7 110 000	3 152 000	10 631 000
Total Equity	610 000	448 000	−909 000	8 292 000
Short-Term Group Debt	0	0	0	1 000 000
Total Long-Term Debt	511 000	681 000	0	0
Creditors	299 000	161 000	799 000	831 000
Unpaid Taxes	49 000	71 000	0	341 000
Dividends	0	4 500 000	0	0
Other Current Debt	826 000	763 000	1 250 000	0
Total Current Debt	1 424 000	5 981 000	4 061 000	2 340 000
Total Equity and Debt	2 545 000	7 110 000	3 152 000	10 631 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,56 %	1 307,37 %	1 012,21 %	10,89 %
Debt-to-Equity Ratio	0,84	1,52	−0	0
Operating Profit Margin	8,42 %	51,36 %	−55,6 %	12,84 %
Current Ratio	1,61	0,92	0,21	1,74
Quick Ratio	1,61	0,92	0,21	1,74
Equity Ratio	0,24	0,06	−0,29	0,78
Gross Profit Margin	75,7 %	100 %	99,92 %	97,37 %