BERTEL O. STEEN POWER SOLUTIONS NORWAY AS

5160 LAKSEVÅG

Finances

Return on Equity

23,19 %

Current Ratio

1,63

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	228 601 000	227 212 000	211 157 000	247 322 000
Net Income	12 719 000	15 383 000	3 096 000	11 412 000
Total Assets	123 901 000	95 505 000	87 814 000	121 908 000
Total Equity	54 840 000	44 908 000	30 468 000	26 478 000

Income (NOK)	2022	2021	2020	2019
Revenue	228 601 000	227 212 000	211 157 000	247 322 000
Expenditure	212 098 000	209 876 000	207 886 000	231 480 000
Operating Profit	16 503 000	17 336 000	3 271 000	15 842 000
Financial Income	4 611 000	3 860 000	3 980 000	2 054 000
Financial Costs	4 883 000	2 220 000	3 332 000	3 036 000
Financial Balance	−272 000	1 640 000	648 000	−982 000
Earnings Before Tax	16 231 000	18 976 000	3 920 000	14 860 000
Tax	3 512 000	3 593 000	823 000	3 448 000
Net Income	12 719 000	15 383 000	3 096 000	11 412 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 113 000	19 539 000	21 614 000	25 795 000
Total Current Assets	106 788 000	75 967 000	66 200 000	96 113 000
Total Assets	123 901 000	95 505 000	87 814 000	121 908 000
Total Retained Equity	44 493 000	34 561 000	20 121 000	18 962 000
Total Equity	54 840 000	44 908 000	30 468 000	26 478 000
Total Long-Term Debt	3 500 000	3 800 000	3 587 000	29 100 000
Total Current Debt	65 561 000	46 797 000	53 758 000	66 329 000
Total Equity and Debt	123 901 000	95 505 000	87 814 000	121 908 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	228 601 000	227 121 000	210 873 000	247 090 000
Other Income	0	91 000	284 000	232 000
Revenue	228 601 000	227 212 000	211 157 000	247 322 000
Cost of Goods Sold	129 409 000	158 085 000	156 162 000	180 598 000
Salary Costs	53 240 000	27 008 000	16 846 000	24 736 000
Depreciation	3 343 000	3 532 000	4 381 000	4 333 000
Impairment	0	0	472 000	5 000
Expenditure	212 098 000	209 876 000	207 886 000	231 480 000
Operating Profit	16 503 000	17 336 000	3 271 000	15 842 000
Financial Income	4 611 000	3 860 000	3 980 000	2 054 000
Financial Costs	4 883 000	2 220 000	3 332 000	3 036 000
Financial Balance	−272 000	1 640 000	648 000	−982 000
Dividends	0	0	0	0
Net Income	12 719 000	15 383 000	3 096 000	11 412 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 082 000	15 233 000	17 416 000	17 375 000
Real Eastate	180 000	329 000	463 000	725 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 384 000	2 509 000	2 268 000	4 106 000
Total Tangible Assets	2 564 000	2 838 000	2 731 000	4 831 000
Total Fiancial Fixed Assets	1 467 000	1 467 000	1 467 000	3 589 000
Total Fixed Assets	17 113 000	19 539 000	21 614 000	25 795 000
Stock	47 944 000	39 335 000	43 417 000	36 493 000
Total Investments	0	0	0	0
Cash, Bank	1 961 000	1 849 000	1 952 000	2 353 000
Total Current Assets	106 788 000	75 967 000	66 200 000	96 113 000
Total Assets	123 901 000	95 505 000	87 814 000	121 908 000
Total Equity	54 840 000	44 908 000	30 468 000	26 478 000
Short-Term Group Debt	12 960 000	18 391 000	34 842 000	16 301 000
Total Long-Term Debt	3 500 000	3 800 000	3 587 000	29 100 000
Creditors	10 942 000	4 540 000	1 725 000	18 172 000
Unpaid Taxes	3 029 000	2 818 000	3 707 000	8 745 000
Dividends	0	0	0	0
Other Current Debt	35 912 000	17 850 000	12 815 000	23 112 000
Total Current Debt	65 561 000	46 797 000	53 758 000	66 329 000
Total Equity and Debt	123 901 000	95 505 000	87 814 000	121 908 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,19 %	34,25 %	10,16 %	43,1 %
Debt-to-Equity Ratio	0,06	0,08	0,12	1,1
Operating Profit Margin	7,22 %	7,63 %	1,55 %	6,41 %
Current Ratio	1,63	1,62	1,23	1,45
Quick Ratio	6,06	10,18	6,4	3,22
Equity Ratio	0,44	0,47	0,35	0,22
Gross Profit Margin	43,39 %	30,42 %	26,04 %	26,98 %