STEINSNES ELEKTRO AS

5563 FØRRESFJORDEN

Finances

Share Ownership

Return on Equity

8,04 %

Current Ratio

2,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 116 000	2 607 000	2 872 000	2 089 000
Net Income	55 000	311 000	234 000	45 000
Total Assets	1 081 000	1 383 000	1 363 000	1 204 000
Total Equity	684 000	629 000	518 000	484 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 116 000	2 607 000	2 872 000	2 089 000
Expenditure	2 037 000	2 208 000	2 565 000	2 022 000
Operating Profit	79 000	400 000	306 000	67 000
Financial Income	2 000	2 000	1 000	0
Financial Costs	1 000	3 000	6 000	10 000
Financial Balance	1 000	−1 000	−5 000	−10 000
Earnings Before Tax	80 000	399 000	301 000	57 000
Tax	25 000	88 000	67 000	13 000
Net Income	55 000	311 000	234 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	91 000	140 000	168 000
Total Current Assets	1 047 000	1 292 000	1 223 000	1 036 000
Total Assets	1 081 000	1 383 000	1 363 000	1 204 000
Total Retained Equity	584 000	529 000	418 000	384 000
Total Equity	684 000	629 000	518 000	484 000
Total Long-Term Debt	0	0	48 000	129 000
Total Current Debt	397 000	753 000	796 000	591 000
Total Equity and Debt	1 081 000	1 383 000	1 363 000	1 204 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 116 000	2 607 000	2 871 000	2 089 000
Other Income	0	0	1 000	0
Revenue	2 116 000	2 607 000	2 872 000	2 089 000
Cost of Goods Sold	818 000	996 000	1 166 000	882 000
Salary Costs	896 000	917 000	1 069 000	862 000
Depreciation	53 000	53 000	49 000	46 000
Impairment	0	0	0	0
Expenditure	2 037 000	2 208 000	2 565 000	2 022 000
Operating Profit	79 000	400 000	306 000	67 000
Financial Income	2 000	2 000	1 000	0
Financial Costs	1 000	3 000	6 000	10 000
Financial Balance	1 000	−1 000	−5 000	−10 000
Dividends	0	200 000	200 000	0
Net Income	55 000	311 000	234 000	45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	4 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	83 000	136 000	164 000
Total Tangible Assets	30 000	83 000	136 000	164 000
Total Fiancial Fixed Assets	4 000	4 000	4 000	4 000
Total Fixed Assets	34 000	91 000	140 000	168 000
Stock	173 000	221 000	162 000	188 000
Total Investments	0	0	0	0
Cash, Bank	593 000	697 000	368 000	231 000
Total Current Assets	1 047 000	1 292 000	1 223 000	1 036 000
Total Assets	1 081 000	1 383 000	1 363 000	1 204 000
Total Equity	684 000	629 000	518 000	484 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	48 000	129 000
Creditors	126 000	156 000	237 000	70 000
Unpaid Taxes	159 000	210 000	211 000	227 000
Dividends	0	200 000	200 000	0
Other Current Debt	92 000	294 000	279 000	280 000
Total Current Debt	397 000	753 000	796 000	591 000
Total Equity and Debt	1 081 000	1 383 000	1 363 000	1 204 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,04 %	49,44 %	45,17 %	9,3 %
Debt-to-Equity Ratio	0	0	0,09	0,27
Operating Profit Margin	3,73 %	15,34 %	10,65 %	3,21 %
Current Ratio	2,64	1,72	1,54	1,75
Quick Ratio	4,67	2,43	1,93	2,57
Equity Ratio	0,63	0,45	0,38	0,4
Gross Profit Margin	61,34 %	61,8 %	59,4 %	57,78 %