M. STEIRO INVEST AS

8400 SORTLAND

Finances

Return on Equity

104,95 %

Current Ratio

9,06

Debt-to-Equity Ratio

−26,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 974 000	2 956 000	2 919 000	2 119 000
Net Income	−827 000	−159 000	−517 000	−2 038 000
Total Assets	20 852 000	19 493 000	18 329 000	17 389 000
Total Equity	−788 000	38 000	−2 000	515 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 974 000	2 956 000	2 919 000	2 119 000
Expenditure	2 860 000	2 419 000	3 148 000	3 980 000
Operating Profit	114 000	536 000	−230 000	−1 860 000
Financial Income	27 000	77 000	286 000	252 000
Financial Costs	967 000	772 000	574 000	430 000
Financial Balance	−940 000	−695 000	−288 000	−178 000
Earnings Before Tax	−827 000	−159 000	−517 000	−2 038 000
Tax	0	0	0	0
Net Income	−827 000	−159 000	−517 000	−2 038 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 443 000	15 443 000	15 428 000	15 382 000
Total Current Assets	5 409 000	4 050 000	2 901 000	2 007 000
Total Assets	20 852 000	19 493 000	18 329 000	17 389 000
Total Retained Equity	−891 000	−64 000	−105 000	413 000
Total Equity	−788 000	38 000	−2 000	515 000
Total Long-Term Debt	21 043 000	14 171 000	13 329 000	13 643 000
Total Current Debt	597 000	5 284 000	5 002 000	3 231 000
Total Equity and Debt	20 852 000	19 493 000	18 329 000	17 389 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 974 000	2 776 000	2 652 000	2 119 000
Other Income	0	180 000	267 000	0
Revenue	2 974 000	2 956 000	2 919 000	2 119 000
Cost of Goods Sold	324 000	320 000	595 000	211 000
Salary Costs	1 422 000	1 465 000	1 772 000	2 911 000
Depreciation	157 000	149 000	153 000	149 000
Impairment	0	0	0	0
Expenditure	2 860 000	2 419 000	3 148 000	3 980 000
Operating Profit	114 000	536 000	−230 000	−1 860 000
Financial Income	27 000	77 000	286 000	252 000
Financial Costs	967 000	772 000	574 000	430 000
Financial Balance	−940 000	−695 000	−288 000	−178 000
Dividends	0	0	0	0
Net Income	−827 000	−159 000	−517 000	−2 038 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 332 000	11 443 000	11 554 000	11 448 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	439 000	263 000	301 000	344 000
Total Tangible Assets	11 771 000	11 706 000	11 855 000	11 793 000
Total Fiancial Fixed Assets	3 672 000	3 737 000	3 573 000	3 590 000
Total Fixed Assets	15 443 000	15 443 000	15 428 000	15 382 000
Stock	0	0	0	0
Total Investments	0	0	1 000	1 000
Cash, Bank	6 000	126 000	141 000	136 000
Total Current Assets	5 409 000	4 050 000	2 901 000	2 007 000
Total Assets	20 852 000	19 493 000	18 329 000	17 389 000
Total Equity	−788 000	38 000	−2 000	515 000
Short-Term Group Debt	0	51 000	51 000	51 000
Total Long-Term Debt	21 043 000	14 171 000	13 329 000	13 643 000
Creditors	198 000	111 000	240 000	263 000
Unpaid Taxes	130 000	344 000	333 000	1 063 000
Dividends	0	0	0	0
Other Current Debt	270 000	4 779 000	4 379 000	1 855 000
Total Current Debt	597 000	5 284 000	5 002 000	3 231 000
Total Equity and Debt	20 852 000	19 493 000	18 329 000	17 389 000

Financial indicators	2022	2021	2020	2019
Return on Equity	104,95 %	−418,42 %	25 850 %	−395,73 %
Debt-to-Equity Ratio	−26,7	372,92	−6 664,5	26,49
Operating Profit Margin	3,83 %	18,13 %	−7,88 %	−87,78 %
Current Ratio	9,06	0,77	0,58	0,62
Quick Ratio	9,06	0,77	0,58	0,62
Equity Ratio	−0,04	0	−0	0,03
Gross Profit Margin	89,11 %	89,17 %	79,62 %	90,04 %