SEDIMENT SYSTEMS - DR ING H STØLE AS

1604 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−46,11 %

Current Ratio

2,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	807 000	541 000	2 240 000	6 396 000
Net Income	−705 000	−1 214 000	−42 000	1 630 000
Total Assets	1 962 000	2 567 000	3 911 000	6 226 000
Total Equity	1 529 000	2 234 000	3 448 000	3 698 000

Income (NOK)	2022	2021	2020	2019
Revenue	807 000	541 000	2 240 000	6 396 000
Expenditure	1 513 000	1 763 000	2 296 000	4 283 000
Operating Profit	−705 000	−1 222 000	−56 000	2 113 000
Financial Income	3 000	5 000	12 000	9 000
Financial Costs	2 000	8 000	9 000	22 000
Financial Balance	1 000	−3 000	3 000	−13 000
Earnings Before Tax	−705 000	−1 224 000	−53 000	2 100 000
Tax	0	−10 000	−12 000	470 000
Net Income	−705 000	−1 214 000	−42 000	1 630 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	882 000	1 109 000	1 261 000	1 430 000
Total Current Assets	1 080 000	1 458 000	2 650 000	4 796 000
Total Assets	1 962 000	2 567 000	3 911 000	6 226 000
Total Retained Equity	1 429 000	2 134 000	3 348 000	3 598 000
Total Equity	1 529 000	2 234 000	3 448 000	3 698 000
Total Long-Term Debt	0	0	10 000	14 000
Total Current Debt	434 000	333 000	453 000	2 513 000
Total Equity and Debt	1 962 000	2 567 000	3 911 000	6 226 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	747 000	537 000	2 234 000	6 396 000
Other Income	60 000	4 000	5 000	0
Revenue	807 000	541 000	2 240 000	6 396 000
Cost of Goods Sold	65 000	48 000	480 000	2 488 000
Salary Costs	930 000	1 215 000	1 174 000	1 116 000
Depreciation	106 000	152 000	195 000	171 000
Impairment	0	0	0	0
Expenditure	1 513 000	1 763 000	2 296 000	4 283 000
Operating Profit	−705 000	−1 222 000	−56 000	2 113 000
Financial Income	3 000	5 000	12 000	9 000
Financial Costs	2 000	8 000	9 000	22 000
Financial Balance	1 000	−3 000	3 000	−13 000
Dividends	0	0	150 000	815 000
Net Income	−705 000	−1 214 000	−42 000	1 630 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	501 000	501 000	501 000	501 000
Machinery and Plant Facilities	294 000	366 000	459 000	546 000
Fixtures	87 000	242 000	301 000	383 000
Total Tangible Assets	882 000	1 109 000	1 261 000	1 430 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	882 000	1 109 000	1 261 000	1 430 000
Stock	282 000	282 000	0	0
Total Investments	0	0	0	0
Cash, Bank	332 000	1 140 000	1 311 000	4 729 000
Total Current Assets	1 080 000	1 458 000	2 650 000	4 796 000
Total Assets	1 962 000	2 567 000	3 911 000	6 226 000
Total Equity	1 529 000	2 234 000	3 448 000	3 698 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	10 000	14 000
Creditors	64 000	0	0	743 000
Unpaid Taxes	65 000	150 000	142 000	116 000
Dividends	0	0	150 000	815 000
Other Current Debt	304 000	183 000	161 000	440 000
Total Current Debt	434 000	333 000	453 000	2 513 000
Total Equity and Debt	1 962 000	2 567 000	3 911 000	6 226 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−46,11 %	−54,34 %	−1,22 %	44,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−87,36 %	−225,88 %	−2,5 %	33,04 %
Current Ratio	2,49	4,38	5,85	1,91
Quick Ratio	7,11	28,59	5,85	1,91
Equity Ratio	0,78	0,87	0,88	0,59
Gross Profit Margin	91,95 %	91,13 %	78,57 %	61,1 %