STEINSVIK PRODUCTION AS

5563 FØRRESFJORDEN

Finances

Share Ownership

Return on Equity

21,46 %

Current Ratio

1,96

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 279 000	18 340 000	17 081 000	20 506 000
Net Income	1 336 000	1 525 000	−30 000	840 000
Total Assets	14 731 000	16 340 000	12 763 000	11 777 000
Total Equity	6 225 000	4 889 000	3 564 000	3 149 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 279 000	18 340 000	17 081 000	20 506 000
Expenditure	23 344 000	16 076 000	16 614 000	18 853 000
Operating Profit	1 935 000	2 264 000	467 000	1 652 000
Financial Income	12 000	38 000	46 000	7 000
Financial Costs	234 000	347 000	313 000	376 000
Financial Balance	−222 000	−309 000	−267 000	−369 000
Earnings Before Tax	1 713 000	1 955 000	200 000	1 283 000
Tax	377 000	431 000	230 000	444 000
Net Income	1 336 000	1 525 000	−30 000	840 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 675 000	5 182 000	5 488 000	5 872 000
Total Current Assets	10 056 000	11 158 000	7 275 000	5 905 000
Total Assets	14 731 000	16 340 000	12 763 000	11 777 000
Total Retained Equity	2 661 000	1 325 000	0	0
Total Equity	6 225 000	4 889 000	3 564 000	3 149 000
Total Long-Term Debt	3 387 000	4 622 000	4 037 000	4 661 000
Total Current Debt	5 118 000	6 829 000	5 162 000	3 968 000
Total Equity and Debt	14 731 000	16 340 000	12 763 000	11 777 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 782 000	17 829 000	16 873 000	20 301 000
Other Income	497 000	511 000	208 000	205 000
Revenue	25 279 000	18 340 000	17 081 000	20 506 000
Cost of Goods Sold	7 278 000	4 230 000	5 478 000	7 526 000
Salary Costs	9 562 000	6 855 000	6 806 000	6 810 000
Depreciation	460 000	392 000	367 000	414 000
Impairment	211 000	0	0	0
Expenditure	23 344 000	16 076 000	16 614 000	18 853 000
Operating Profit	1 935 000	2 264 000	467 000	1 652 000
Financial Income	12 000	38 000	46 000	7 000
Financial Costs	234 000	347 000	313 000	376 000
Financial Balance	−222 000	−309 000	−267 000	−369 000
Dividends	0	0	0	0
Net Income	1 336 000	1 525 000	−30 000	840 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	17 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	4 675 000	5 039 000	5 488 000	5 846 000
Fixtures	0	143 000	0	9 000
Total Tangible Assets	4 675 000	5 182 000	5 488 000	5 855 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 675 000	5 182 000	5 488 000	5 872 000
Stock	4 463 000	4 377 000	3 084 000	2 953 000
Total Investments	0	0	0	0
Cash, Bank	1 853 000	795 000	605 000	670 000
Total Current Assets	10 056 000	11 158 000	7 275 000	5 905 000
Total Assets	14 731 000	16 340 000	12 763 000	11 777 000
Total Equity	6 225 000	4 889 000	3 564 000	3 149 000
Short-Term Group Debt	38 000	612 000	806 000	903 000
Total Long-Term Debt	3 387 000	4 622 000	4 037 000	4 661 000
Creditors	1 201 000	1 515 000	949 000	970 000
Unpaid Taxes	1 041 000	1 108 000	479 000	485 000
Dividends	0	0	0	0
Other Current Debt	2 126 000	1 781 000	1 344 000	1 485 000
Total Current Debt	5 118 000	6 829 000	5 162 000	3 968 000
Total Equity and Debt	14 731 000	16 340 000	12 763 000	11 777 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,46 %	31,19 %	−0,84 %	26,68 %
Debt-to-Equity Ratio	0,54	0,95	1,13	1,48
Operating Profit Margin	7,65 %	12,34 %	2,73 %	8,06 %
Current Ratio	1,96	1,63	1,41	1,49
Quick Ratio	15,35	4,55	3,5	5,82
Equity Ratio	0,42	0,3	0,28	0,27
Gross Profit Margin	71,21 %	76,94 %	67,93 %	63,3 %