STAFSETH MASKIN AS

6011 ÅLESUND

Finances

Share Ownership

Return on Equity

18,1 %

Current Ratio

0,34

Debt-to-Equity Ratio

−0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 770 000	3 756 000	5 810 000	4 622 000
Net Income	−156 000	−653 000	348 000	−581 000
Total Assets	473 000	579 000	1 185 000	1 111 000
Total Equity	−862 000	−705 000	−52 000	−500 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 770 000	3 756 000	5 810 000	4 622 000
Expenditure	3 914 000	4 121 000	5 355 000	5 334 000
Operating Profit	−143 000	−364 000	455 000	−711 000
Financial Income	0	0	18 000	0
Financial Costs	13 000	18 000	28 000	33 000
Financial Balance	−13 000	−18 000	−10 000	−33 000
Earnings Before Tax	−156 000	−382 000	446 000	−744 000
Tax	0	272 000	98 000	−164 000
Net Income	−156 000	−653 000	348 000	−581 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	216 000	567 000	443 000
Total Current Assets	437 000	362 000	619 000	668 000
Total Assets	473 000	579 000	1 185 000	1 111 000
Total Retained Equity	−1 062 000	−905 000	−252 000	−600 000
Total Equity	−862 000	−705 000	−52 000	−500 000
Total Long-Term Debt	32 000	123 000	210 000	291 000
Total Current Debt	1 302 000	1 161 000	1 028 000	1 319 000
Total Equity and Debt	473 000	579 000	1 185 000	1 111 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 770 000	3 756 000	5 628 000	4 622 000
Other Income	0	0	182 000	0
Revenue	3 770 000	3 756 000	5 810 000	4 622 000
Cost of Goods Sold	1 576 000	1 549 000	1 982 000	1 980 000
Salary Costs	1 453 000	1 440 000	1 760 000	2 030 000
Depreciation	37 000	24 000	21 000	29 000
Impairment	0	0	0	0
Expenditure	3 914 000	4 121 000	5 355 000	5 334 000
Operating Profit	−143 000	−364 000	455 000	−711 000
Financial Income	0	0	18 000	0
Financial Costs	13 000	18 000	28 000	33 000
Financial Balance	−13 000	−18 000	−10 000	−33 000
Dividends	0	0	0	0
Net Income	−156 000	−653 000	348 000	−581 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	272 000	370 000
Real Eastate	15 000	28 000	38 000	48 000
Machinery and Plant Facilities	20 000	0	0	0
Fixtures	0	44 000	58 000	25 000
Total Tangible Assets	35 000	72 000	96 000	73 000
Total Fiancial Fixed Assets	0	144 000	199 000	0
Total Fixed Assets	35 000	216 000	567 000	443 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	325 000	154 000	232 000	65 000
Total Current Assets	437 000	362 000	619 000	668 000
Total Assets	473 000	579 000	1 185 000	1 111 000
Total Equity	−862 000	−705 000	−52 000	−500 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	32 000	123 000	210 000	291 000
Creditors	230 000	228 000	396 000	518 000
Unpaid Taxes	95 000	358 000	212 000	239 000
Dividends	0	0	0	0
Other Current Debt	977 000	574 000	420 000	562 000
Total Current Debt	1 302 000	1 161 000	1 028 000	1 319 000
Total Equity and Debt	473 000	579 000	1 185 000	1 111 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,1 %	92,62 %	−669,23 %	116,2 %
Debt-to-Equity Ratio	−0,04	−0,17	−4,04	−0,58
Operating Profit Margin	−3,79 %	−9,69 %	7,83 %	−15,38 %
Current Ratio	0,34	0,31	0,6	0,51
Quick Ratio	0,34	0,31	0,6	0,51
Equity Ratio	−1,82	−1,22	−0,04	−0,45
Gross Profit Margin	58,2 %	58,76 %	65,89 %	57,16 %