STAVANGER OILERS AS

4021 STAVANGER

Finances

Share Ownership

Return on Equity

95,39 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	104 652 000	51 558 000	54 986 000	86 039 000
Net Income	5 416 000	−4 511 000	93 000	−2 940 000
Total Assets	43 087 000	48 614 000	33 769 000	37 633 000
Total Equity	5 678 000	1 608 000	886 000	793 000

Income (NOK)	2022	2021	2020	2019
Revenue	104 652 000	51 558 000	54 986 000	86 039 000
Expenditure	100 619 000	57 781 000	54 882 000	88 986 000
Operating Profit	4 032 000	−6 223 000	104 000	−2 947 000
Financial Income	206 000	9 000	57 000	149 000
Financial Costs	168 000	65 000	68 000	142 000
Financial Balance	38 000	−56 000	−11 000	7 000
Earnings Before Tax	4 070 000	−6 279 000	93 000	−2 940 000
Tax	−1 346 000	−1 768 000	0	0
Net Income	5 416 000	−4 511 000	93 000	−2 940 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	758 000	787 000	1 243 000	1 425 000
Total Current Assets	42 329 000	47 827 000	32 527 000	36 207 000
Total Assets	43 087 000	48 614 000	33 769 000	37 633 000
Total Retained Equity	−20 912 000	−20 210 000	−7 664 000	−7 757 000
Total Equity	5 678 000	1 608 000	886 000	793 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	37 410 000	47 007 000	32 883 000	36 839 000
Total Equity and Debt	43 087 000	48 614 000	33 769 000	37 633 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	64 358 000	37 140 000	42 540 000	55 313 000
Other Income	40 294 000	14 418 000	12 446 000	30 725 000
Revenue	104 652 000	51 558 000	54 986 000	86 039 000
Cost of Goods Sold	28 514 000	12 113 000	11 803 000	22 148 000
Salary Costs	34 866 000	20 368 000	16 510 000	34 269 000
Depreciation	561 000	638 000	724 000	745 000
Impairment	0	0	0	0
Expenditure	100 619 000	57 781 000	54 882 000	88 986 000
Operating Profit	4 032 000	−6 223 000	104 000	−2 947 000
Financial Income	206 000	9 000	57 000	149 000
Financial Costs	168 000	65 000	68 000	142 000
Financial Balance	38 000	−56 000	−11 000	7 000
Dividends	0	0	0	0
Net Income	5 416 000	−4 511 000	93 000	−2 940 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	89 000	252 000	388 000	486 000
Real Eastate	218 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	452 000	535 000	854 000	939 000
Total Tangible Assets	669 000	535 000	854 000	939 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	758 000	787 000	1 243 000	1 425 000
Stock	3 146 000	2 799 000	860 000	3 067 000
Total Investments	0	0	0	0
Cash, Bank	14 019 000	16 453 000	13 686 000	17 563 000
Total Current Assets	42 329 000	47 827 000	32 527 000	36 207 000
Total Assets	43 087 000	48 614 000	33 769 000	37 633 000
Total Equity	5 678 000	1 608 000	886 000	793 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 564 000	4 301 000	3 098 000	8 275 000
Unpaid Taxes	1 094 000	887 000	758 000	810 000
Dividends	0	0	0	0
Other Current Debt	19 797 000	29 497 000	22 192 000	22 185 000
Total Current Debt	37 410 000	47 007 000	32 883 000	36 839 000
Total Equity and Debt	43 087 000	48 614 000	33 769 000	37 633 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,39 %	−280,53 %	10,5 %	−370,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,85 %	−12,07 %	0,19 %	−3,43 %
Current Ratio	1,13	1,02	0,99	0,98
Quick Ratio	1,24	1,08	1,02	1,07
Equity Ratio	0,13	0,03	0,03	0,02
Gross Profit Margin	72,75 %	76,51 %	78,53 %	74,26 %