STELS AS

4009 STAVANGER

Finances

Return on Equity

5 %

Current Ratio

7,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	829 000	511 000	803 000	1 420 000
Net Income	397 000	244 000	446 000	868 000
Total Assets	8 282 000	7 783 000	7 501 000	7 227 000
Total Equity	7 936 000	7 540 000	7 295 000	6 849 000

Income (NOK)	2022	2021	2020	2019
Revenue	829 000	511 000	803 000	1 420 000
Expenditure	376 000	383 000	430 000	504 000
Operating Profit	452 000	127 000	373 000	916 000
Financial Income	433 000	365 000	168 000	251 000
Financial Costs	379 000	216 000	5 000	95 000
Financial Balance	54 000	149 000	163 000	156 000
Earnings Before Tax	507 000	277 000	536 000	1 072 000
Tax	110 000	32 000	90 000	204 000
Net Income	397 000	244 000	446 000	868 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 878 000	5 719 000	5 560 000	5 555 000
Total Current Assets	2 403 000	2 064 000	1 941 000	1 672 000
Total Assets	8 282 000	7 783 000	7 501 000	7 227 000
Total Retained Equity	7 832 000	7 436 000	7 191 000	6 745 000
Total Equity	7 936 000	7 540 000	7 295 000	6 849 000
Total Long-Term Debt	7 000	9 000	12 000	15 000
Total Current Debt	338 000	234 000	194 000	363 000
Total Equity and Debt	8 282 000	7 783 000	7 501 000	7 227 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	825 000	511 000	803 000	1 420 000
Other Income	3 000	0	0	0
Revenue	829 000	511 000	803 000	1 420 000
Cost of Goods Sold	0	0	0	0
Salary Costs	156 000	147 000	156 000	198 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	376 000	383 000	430 000	504 000
Operating Profit	452 000	127 000	373 000	916 000
Financial Income	433 000	365 000	168 000	251 000
Financial Costs	379 000	216 000	5 000	95 000
Financial Balance	54 000	149 000	163 000	156 000
Dividends	0	0	0	0
Net Income	397 000	244 000	446 000	868 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	5 878 000	5 719 000	5 560 000	5 555 000
Total Fixed Assets	5 878 000	5 719 000	5 560 000	5 555 000
Stock	0	0	0	0
Total Investments	1 455 000	1 657 000	1 628 000	0
Cash, Bank	802 000	198 000	164 000	1 408 000
Total Current Assets	2 403 000	2 064 000	1 941 000	1 672 000
Total Assets	8 282 000	7 783 000	7 501 000	7 227 000
Total Equity	7 936 000	7 540 000	7 295 000	6 849 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	9 000	12 000	15 000
Creditors	11 000	10 000	67 000	19 000
Unpaid Taxes	47 000	31 000	26 000	71 000
Dividends	0	0	0	0
Other Current Debt	167 000	158 000	8 000	66 000
Total Current Debt	338 000	234 000	194 000	363 000
Total Equity and Debt	8 282 000	7 783 000	7 501 000	7 227 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5 %	3,24 %	6,11 %	12,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	54,52 %	24,85 %	46,45 %	64,51 %
Current Ratio	7,11	8,82	10,01	4,61
Quick Ratio	7,11	8,82	10,01	4,61
Equity Ratio	0,96	0,97	0,97	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %