STARKEY NORWAY AS

4017 STAVANGER

Finances

Share Ownership

Return on Equity

18,97 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 863 000	38 344 000	20 312 000	25 287 000
Net Income	1 864 000	1 372 000	2 196 000	9 738 000
Total Assets	23 064 000	19 657 000	14 780 000	14 200 000
Total Equity	9 827 000	7 963 000	6 591 000	4 395 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 863 000	38 344 000	20 312 000	25 287 000
Expenditure	39 455 000	36 518 000	17 393 000	20 321 000
Operating Profit	2 408 000	1 827 000	2 919 000	4 966 000
Financial Income	5 000	2 000	21 000	24 000
Financial Costs	10 000	52 000	119 000	241 000
Financial Balance	−5 000	−50 000	−98 000	−217 000
Earnings Before Tax	2 403 000	1 777 000	2 821 000	4 748 000
Tax	539 000	405 000	625 000	−4 990 000
Net Income	1 864 000	1 372 000	2 196 000	9 738 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 254 000	4 353 000	4 634 000	5 253 000
Total Current Assets	18 809 000	15 304 000	10 146 000	8 947 000
Total Assets	23 064 000	19 657 000	14 780 000	14 200 000
Total Retained Equity	9 227 000	7 363 000	5 991 000	3 795 000
Total Equity	9 827 000	7 963 000	6 591 000	4 395 000
Total Long-Term Debt	0	0	3 100 000	5 875 000
Total Current Debt	13 237 000	11 694 000	5 089 000	3 930 000
Total Equity and Debt	23 064 000	19 657 000	14 780 000	14 200 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 863 000	38 306 000	20 215 000	25 287 000
Other Income	0	38 000	97 000	0
Revenue	41 863 000	38 344 000	20 312 000	25 287 000
Cost of Goods Sold	24 447 000	22 674 000	6 591 000	7 326 000
Salary Costs	10 078 000	9 839 000	7 242 000	8 123 000
Depreciation	189 000	87 000	93 000	154 000
Impairment	0	0	0	0
Expenditure	39 455 000	36 518 000	17 393 000	20 321 000
Operating Profit	2 408 000	1 827 000	2 919 000	4 966 000
Financial Income	5 000	2 000	21 000	24 000
Financial Costs	10 000	52 000	119 000	241 000
Financial Balance	−5 000	−50 000	−98 000	−217 000
Dividends	0	0	0	0
Net Income	1 864 000	1 372 000	2 196 000	9 738 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 420 000	3 959 000	4 364 000	4 990 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	834 000	394 000	270 000	263 000
Total Tangible Assets	834 000	394 000	270 000	263 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 254 000	4 353 000	4 634 000	5 253 000
Stock	11 179 000	6 526 000	5 643 000	2 848 000
Total Investments	0	0	0	0
Cash, Bank	3 142 000	3 789 000	1 446 000	2 743 000
Total Current Assets	18 809 000	15 304 000	10 146 000	8 947 000
Total Assets	23 064 000	19 657 000	14 780 000	14 200 000
Total Equity	9 827 000	7 963 000	6 591 000	4 395 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 100 000	5 875 000
Creditors	9 949 000	7 258 000	2 381 000	984 000
Unpaid Taxes	1 694 000	1 998 000	1 418 000	1 432 000
Dividends	0	0	0	0
Other Current Debt	1 594 000	2 438 000	1 290 000	1 514 000
Total Current Debt	13 237 000	11 694 000	5 089 000	3 930 000
Total Equity and Debt	23 064 000	19 657 000	14 780 000	14 200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,97 %	17,23 %	33,32 %	221,57 %
Debt-to-Equity Ratio	0	0	0,47	1,34
Operating Profit Margin	5,75 %	4,76 %	14,37 %	19,64 %
Current Ratio	1,42	1,31	1,99	2,28
Quick Ratio	9,14	2,96	−18,31	8,27
Equity Ratio	0,43	0,41	0,45	0,31
Gross Profit Margin	41,6 %	40,87 %	67,55 %	71,03 %