PÅL STEIRO EIENDOM AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

22,55 %

Current Ratio

1,41

Debt-to-Equity Ratio

1,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 166 000	2 077 000	2 062 000	2 040 000
Net Income	1 050 000	1 003 000	969 000	916 000
Total Assets	12 561 000	12 343 000	12 985 000	13 079 000
Total Equity	4 656 000	3 606 000	3 103 000	2 142 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 166 000	2 077 000	2 062 000	2 040 000
Expenditure	546 000	615 000	599 000	400 000
Operating Profit	1 620 000	1 462 000	1 463 000	1 640 000
Financial Income	10 000	2 000	3 000	54 000
Financial Costs	284 000	179 000	224 000	520 000
Financial Balance	−274 000	−177 000	−221 000	−466 000
Earnings Before Tax	1 346 000	1 286 000	1 243 000	1 174 000
Tax	296 000	283 000	274 000	258 000
Net Income	1 050 000	1 003 000	969 000	916 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 901 000	12 165 000	12 392 000	12 725 000
Total Current Assets	661 000	179 000	592 000	354 000
Total Assets	12 561 000	12 343 000	12 985 000	13 079 000
Total Retained Equity	4 506 000	3 456 000	2 953 000	1 992 000
Total Equity	4 656 000	3 606 000	3 103 000	2 142 000
Total Long-Term Debt	7 438 000	8 292 000	7 946 000	8 317 000
Total Current Debt	468 000	446 000	1 936 000	2 619 000
Total Equity and Debt	12 561 000	12 343 000	12 985 000	13 079 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	2 062 000	2 040 000
Other Income	2 166 000	2 077 000	0	0
Revenue	2 166 000	2 077 000	2 062 000	2 040 000
Cost of Goods Sold	0	0	0	29 000
Salary Costs	0	0	0	0
Depreciation	312 000	309 000	298 000	106 000
Impairment	0	0	0	0
Expenditure	546 000	615 000	599 000	400 000
Operating Profit	1 620 000	1 462 000	1 463 000	1 640 000
Financial Income	10 000	2 000	3 000	54 000
Financial Costs	284 000	179 000	224 000	520 000
Financial Balance	−274 000	−177 000	−221 000	−466 000
Dividends	0	0	0	0
Net Income	1 050 000	1 003 000	969 000	916 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	483 000	535 000	596 000	666 000
Real Eastate	11 124 000	11 236 000	11 414 000	11 619 000
Machinery and Plant Facilities	71 000	84 000	98 000	111 000
Fixtures	172 000	259 000	265 000	309 000
Total Tangible Assets	11 367 000	11 580 000	11 777 000	12 039 000
Total Fiancial Fixed Assets	50 000	50 000	20 000	20 000
Total Fixed Assets	11 901 000	12 165 000	12 392 000	12 725 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	520 000	59 000	559 000	322 000
Total Current Assets	661 000	179 000	592 000	354 000
Total Assets	12 561 000	12 343 000	12 985 000	13 079 000
Total Equity	4 656 000	3 606 000	3 103 000	2 142 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 438 000	8 292 000	7 946 000	8 317 000
Creditors	123 000	48 000	4 000	52 000
Unpaid Taxes	79 000	66 000	71 000	53 000
Dividends	0	0	0	0
Other Current Debt	22 000	110 000	1 659 000	2 336 000
Total Current Debt	468 000	446 000	1 936 000	2 619 000
Total Equity and Debt	12 561 000	12 343 000	12 985 000	13 079 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,55 %	27,81 %	31,23 %	42,76 %
Debt-to-Equity Ratio	1,6	2,3	2,56	3,88
Operating Profit Margin	74,79 %	70,39 %	70,95 %	80,39 %
Current Ratio	1,41	0,4	0,31	0,14
Quick Ratio	1,41	0,4	0,31	0,14
Equity Ratio	0,37	0,29	0,24	0,16
Gross Profit Margin	100 %	100 %	100 %	98,58 %