STEINSVIK GROUP AS

7042 TRONDHEIM

Finances

Return on Equity

−41,47 %

Current Ratio

0,35

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	139 000	2 592 000
Net Income	−31 969 000	−32 390 000	−4 441 000	−48 133 000
Total Assets	93 780 000	125 221 000	572 445 000	251 776 000
Total Equity	77 091 000	120 366 000	171 723 000	176 164 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	139 000	2 592 000
Expenditure	844 000	866 000	301 000	1 297 000
Operating Profit	−844 000	−866 000	−279 000	−1 635 000
Financial Income	5 163 000	5 730 000	5 111 000	4 109 000
Financial Costs	35 361 000	36 850 000	9 970 000	50 832 000
Financial Balance	−30 198 000	−31 120 000	−4 859 000	−46 723 000
Earnings Before Tax	−31 042 000	−31 986 000	−5 137 000	−48 357 000
Tax	927 000	405 000	−697 000	−225 000
Net Income	−31 969 000	−32 390 000	−4 441 000	−48 133 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	89 489 000	65 993 000	103 611 000	111 238 000
Total Current Assets	4 291 000	59 229 000	468 834 000	140 538 000
Total Assets	93 780 000	125 221 000	572 445 000	251 776 000
Total Retained Equity	72 858 000	0	0	0
Total Equity	77 091 000	120 366 000	171 723 000	176 164 000
Total Long-Term Debt	4 419 000	2 503 000	70 421 000	3 105 000
Total Current Debt	12 271 000	2 352 000	330 301 000	72 508 000
Total Equity and Debt	93 780 000	125 221 000	572 445 000	251 776 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	139 000	2 592 000
Other Income	0	0	0	0
Revenue	0	0	139 000	2 592 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	844 000	866 000	301 000	1 297 000
Operating Profit	−844 000	−866 000	−279 000	−1 635 000
Financial Income	5 163 000	5 730 000	5 111 000	4 109 000
Financial Costs	35 361 000	36 850 000	9 970 000	50 832 000
Financial Balance	−30 198 000	−31 120 000	−4 859 000	−46 723 000
Dividends	0	0	0	0
Net Income	−31 969 000	−32 390 000	−4 441 000	−48 133 000

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	89 489 000	65 993 000	103 611 000	111 238 000
Total Fixed Assets	89 489 000	65 993 000	103 611 000	111 238 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	777 000	142 187 000	0
Total Current Assets	4 291 000	59 229 000	468 834 000	140 538 000
Total Assets	93 780 000	125 221 000	572 445 000	251 776 000
Total Equity	77 091 000	120 366 000	171 723 000	176 164 000
Short-Term Group Debt	12 234 000	1 839 000	1 286 000	69 348 000
Total Long-Term Debt	4 419 000	2 503 000	70 421 000	3 105 000
Creditors	36 000	13 000	21 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	500 000	3 071 000	3 160 000
Total Current Debt	12 271 000	2 352 000	330 301 000	72 508 000
Total Equity and Debt	93 780 000	125 221 000	572 445 000	251 776 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−41,47 %	−26,91 %	−2,59 %	−27,32 %
Debt-to-Equity Ratio	0,06	0,02	0,41	0,02
Operating Profit Margin	-	-	−200,72 %	−63,08 %
Current Ratio	0,35	25,18	1,42	1,94
Quick Ratio	0,35	25,18	1,42	1,94
Equity Ratio	0,82	0,96	0,3	0,7
Gross Profit Margin	-	-	100 %	100 %