STETIND AS

7067 TRONDHEIM

Finances

Return on Equity

21,6 %

Current Ratio

11,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	582 000	2 000	4 000	30 000
Net Income	621 000	39 000	47 000	7 000
Total Assets	2 933 000	2 341 000	3 811 000	3 767 000
Total Equity	2 875 000	2 294 000	2 292 000	3 745 000

Income (NOK)	2022	2021	2020	2019
Revenue	582 000	2 000	4 000	30 000
Expenditure	45 000	42 000	51 000	145 000
Operating Profit	537 000	−40 000	−47 000	−115 000
Financial Income	95 000	89 000	107 000	145 000
Financial Costs	0	0	1 000	0
Financial Balance	95 000	89 000	106 000	145 000
Earnings Before Tax	632 000	50 000	59 000	29 000
Tax	11 000	10 000	12 000	22 000
Net Income	621 000	39 000	47 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 302 000	2 311 000	3 781 000	3 681 000
Total Current Assets	631 000	30 000	30 000	85 000
Total Assets	2 933 000	2 341 000	3 811 000	3 767 000
Total Retained Equity	1 875 000	1 294 000	1 292 000	2 745 000
Total Equity	2 875 000	2 294 000	2 292 000	3 745 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	57 000	48 000	1 520 000	22 000
Total Equity and Debt	2 933 000	2 341 000	3 811 000	3 767 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	582 000	2 000	4 000	30 000
Revenue	582 000	2 000	4 000	30 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	45 000	42 000	51 000	145 000
Operating Profit	537 000	−40 000	−47 000	−115 000
Financial Income	95 000	89 000	107 000	145 000
Financial Costs	0	0	1 000	0
Financial Balance	95 000	89 000	106 000	145 000
Dividends	0	0	1 500 000	0
Net Income	621 000	39 000	47 000	7 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 302 000	2 311 000	3 781 000	3 681 000
Total Fixed Assets	2 302 000	2 311 000	3 781 000	3 681 000
Stock	0	0	0	0
Total Investments	29 000	29 000	29 000	29 000
Cash, Bank	602 000	1 000	1 000	56 000
Total Current Assets	631 000	30 000	30 000	85 000
Total Assets	2 933 000	2 341 000	3 811 000	3 767 000
Total Equity	2 875 000	2 294 000	2 292 000	3 745 000
Short-Term Group Debt	50 000	48 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	0	8 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	1 500 000	0
Other Current Debt	0	0	0	0
Total Current Debt	57 000	48 000	1 520 000	22 000
Total Equity and Debt	2 933 000	2 341 000	3 811 000	3 767 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,6 %	1,7 %	2,05 %	0,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	92,27 %	−2 000 %	−1 175 %	−383,33 %
Current Ratio	11,07	0,63	0,02	3,86
Quick Ratio	11,07	0,63	0,02	3,86
Equity Ratio	0,98	0,98	0,6	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %