BY STOKKEHOLM AS

6012 ÅLESUND

Finances

Share Ownership

Return on Equity

17,44 %

Current Ratio

1,65

Debt-to-Equity Ratio

1,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 910 000	30 423 000	30 847 000	28 148 000
Net Income	1 233 000	1 537 000	1 703 000	1 048 000
Total Assets	26 779 000	23 098 000	20 642 000	19 921 000
Total Equity	7 068 000	6 735 000	5 898 000	4 195 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 910 000	30 423 000	30 847 000	28 148 000
Expenditure	33 775 000	28 218 000	28 588 000	26 333 000
Operating Profit	2 134 000	2 204 000	2 260 000	1 815 000
Financial Income	2 000	0	10 000	5 000
Financial Costs	822 000	613 000	567 000	772 000
Financial Balance	−820 000	−613 000	−557 000	−767 000
Earnings Before Tax	1 314 000	1 591 000	1 703 000	1 048 000
Tax	82 000	54 000	0	0
Net Income	1 233 000	1 537 000	1 703 000	1 048 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 839 000	5 362 000	5 555 000	5 647 000
Total Current Assets	19 940 000	17 736 000	15 087 000	14 275 000
Total Assets	26 779 000	23 098 000	20 642 000	19 921 000
Total Retained Equity	6 968 000	6 635 000	5 798 000	4 095 000
Total Equity	7 068 000	6 735 000	5 898 000	4 195 000
Total Long-Term Debt	7 660 000	5 658 000	7 133 000	5 680 000
Total Current Debt	12 052 000	10 705 000	7 611 000	10 046 000
Total Equity and Debt	26 779 000	23 098 000	20 642 000	19 921 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 450 000	30 181 000	30 600 000	27 452 000
Other Income	460 000	242 000	247 000	696 000
Revenue	35 910 000	30 423 000	30 847 000	28 148 000
Cost of Goods Sold	13 289 000	11 413 000	12 964 000	12 023 000
Salary Costs	10 608 000	9 058 000	9 034 000	8 052 000
Depreciation	418 000	243 000	239 000	268 000
Impairment	0	0	0	0
Expenditure	33 775 000	28 218 000	28 588 000	26 333 000
Operating Profit	2 134 000	2 204 000	2 260 000	1 815 000
Financial Income	2 000	0	10 000	5 000
Financial Costs	822 000	613 000	567 000	772 000
Financial Balance	−820 000	−613 000	−557 000	−767 000
Dividends	0	0	0	0
Net Income	1 233 000	1 537 000	1 703 000	1 048 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 508 000	1 589 000	1 643 000	1 643 000
Real Eastate	3 352 000	3 481 000	3 610 000	3 739 000
Machinery and Plant Facilities	0	0	0	10 000
Fixtures	1 979 000	292 000	303 000	255 000
Total Tangible Assets	5 332 000	3 773 000	3 912 000	4 004 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 839 000	5 362 000	5 555 000	5 647 000
Stock	17 248 000	15 166 000	13 942 000	11 560 000
Total Investments	0	0	0	0
Cash, Bank	552 000	622 000	551 000	583 000
Total Current Assets	19 940 000	17 736 000	15 087 000	14 275 000
Total Assets	26 779 000	23 098 000	20 642 000	19 921 000
Total Equity	7 068 000	6 735 000	5 898 000	4 195 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 660 000	5 658 000	7 133 000	5 680 000
Creditors	5 115 000	4 786 000	2 111 000	4 044 000
Unpaid Taxes	2 229 000	2 588 000	2 342 000	2 380 000
Dividends	0	0	0	0
Other Current Debt	2 277 000	1 910 000	1 163 000	1 112 000
Total Current Debt	12 052 000	10 705 000	7 611 000	10 046 000
Total Equity and Debt	26 779 000	23 098 000	20 642 000	19 921 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,44 %	22,82 %	28,87 %	24,98 %
Debt-to-Equity Ratio	1,08	0,84	1,21	1,35
Operating Profit Margin	5,94 %	7,24 %	7,33 %	6,45 %
Current Ratio	1,65	1,66	1,98	1,42
Quick Ratio	−3,84	−3,98	−2,38	−9,43
Equity Ratio	0,26	0,29	0,29	0,21
Gross Profit Margin	62,99 %	62,49 %	57,97 %	57,29 %