STEELWORK AS

4340 BRYNE

Finances

Return on Equity

29,15 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	118 127 000	79 386 000	77 088 000	94 447 000
Net Income	5 296 000	162 000	940 000	3 062 000
Total Assets	67 923 000	55 963 000	54 851 000	58 630 000
Total Equity	18 170 000	12 874 000	12 712 000	11 772 000

Income (NOK)	2022	2021	2020	2019
Revenue	118 127 000	79 386 000	77 088 000	94 447 000
Expenditure	113 593 000	78 667 000	74 464 000	89 697 000
Operating Profit	4 534 000	720 000	2 624 000	4 750 000
Financial Income	3 100 000	684 000	167 000	639 000
Financial Costs	1 657 000	1 364 000	1 585 000	1 463 000
Financial Balance	1 443 000	−680 000	−1 418 000	−824 000
Earnings Before Tax	5 977 000	39 000	1 205 000	3 926 000
Tax	681 000	−123 000	265 000	864 000
Net Income	5 296 000	162 000	940 000	3 062 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 089 000	27 286 000	27 986 000	24 331 000
Total Current Assets	44 834 000	28 677 000	26 865 000	34 299 000
Total Assets	67 923 000	55 963 000	54 851 000	58 630 000
Total Retained Equity	13 905 000	8 609 000	8 447 000	7 507 000
Total Equity	18 170 000	12 874 000	12 712 000	11 772 000
Total Long-Term Debt	12 845 000	18 183 000	22 673 000	11 274 000
Total Current Debt	36 908 000	24 906 000	19 465 000	35 584 000
Total Equity and Debt	67 923 000	55 963 000	54 851 000	58 630 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	117 739 000	78 917 000	76 086 000	94 447 000
Other Income	388 000	469 000	1 002 000	0
Revenue	118 127 000	79 386 000	77 088 000	94 447 000
Cost of Goods Sold	51 850 000	28 539 000	28 764 000	36 185 000
Salary Costs	40 691 000	32 936 000	31 029 000	34 782 000
Depreciation	2 838 000	3 041 000	3 044 000	2 779 000
Impairment	0	0	0	0
Expenditure	113 593 000	78 667 000	74 464 000	89 697 000
Operating Profit	4 534 000	720 000	2 624 000	4 750 000
Financial Income	3 100 000	684 000	167 000	639 000
Financial Costs	1 657 000	1 364 000	1 585 000	1 463 000
Financial Balance	1 443 000	−680 000	−1 418 000	−824 000
Dividends	0	0	0	0
Net Income	5 296 000	162 000	940 000	3 062 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	238 000
Total Intangible Assets	0	113 000	0	494 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	15 788 000	17 385 000	19 800 000	16 798 000
Fixtures	152 000	278 000	422 000	525 000
Total Tangible Assets	15 940 000	17 663 000	20 223 000	17 323 000
Total Fiancial Fixed Assets	7 149 000	9 510 000	7 763 000	6 514 000
Total Fixed Assets	23 089 000	27 286 000	27 986 000	24 331 000
Stock	12 297 000	13 920 000	9 740 000	13 934 000
Total Investments	0	0	0	0
Cash, Bank	1 298 000	1 276 000	2 449 000	1 418 000
Total Current Assets	44 834 000	28 677 000	26 865 000	34 299 000
Total Assets	67 923 000	55 963 000	54 851 000	58 630 000
Total Equity	18 170 000	12 874 000	12 712 000	11 772 000
Short-Term Group Debt	1 200 000	0	0	0
Total Long-Term Debt	12 845 000	18 183 000	22 673 000	11 274 000
Creditors	8 729 000	8 818 000	5 044 000	11 307 000
Unpaid Taxes	4 529 000	4 061 000	2 827 000	3 924 000
Dividends	0	0	0	0
Other Current Debt	6 274 000	5 004 000	5 079 000	8 242 000
Total Current Debt	36 908 000	24 906 000	19 465 000	35 584 000
Total Equity and Debt	67 923 000	55 963 000	54 851 000	58 630 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,15 %	1,26 %	7,39 %	26,01 %
Debt-to-Equity Ratio	0,71	1,41	1,78	0,96
Operating Profit Margin	3,84 %	0,91 %	3,4 %	5,03 %
Current Ratio	1,21	1,15	1,38	0,96
Quick Ratio	1,82	2,61	2,76	1,58
Equity Ratio	0,27	0,23	0,23	0,2
Gross Profit Margin	56,11 %	64,05 %	62,69 %	61,69 %