STONEART AS

3263 LARVIK

Finances

Return on Equity

6,16 %

Current Ratio

3,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 040 000	40 087 000	33 842 000	30 394 000
Net Income	951 000	1 511 000	661 000	380 000
Total Assets	21 796 000	20 611 000	16 316 000	14 542 000
Total Equity	15 429 000	14 478 000	12 966 000	12 305 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 040 000	40 087 000	33 842 000	30 394 000
Expenditure	39 377 000	37 996 000	33 286 000	29 728 000
Operating Profit	1 663 000	2 092 000	556 000	666 000
Financial Income	754 000	66 000	382 000	25 000
Financial Costs	1 191 000	209 000	94 000	191 000
Financial Balance	−437 000	−143 000	288 000	−166 000
Earnings Before Tax	1 225 000	1 948 000	844 000	501 000
Tax	275 000	437 000	183 000	120 000
Net Income	951 000	1 511 000	661 000	380 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 461 000	304 000	376 000	425 000
Total Current Assets	20 334 000	20 307 000	15 940 000	14 117 000
Total Assets	21 796 000	20 611 000	16 316 000	14 542 000
Total Retained Equity	11 679 000	10 728 000	9 216 000	8 555 000
Total Equity	15 429 000	14 478 000	12 966 000	12 305 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 367 000	6 133 000	3 349 000	2 237 000
Total Equity and Debt	21 796 000	20 611 000	16 316 000	14 542 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 040 000	40 061 000	33 786 000	30 378 000
Other Income	0	27 000	56 000	17 000
Revenue	41 040 000	40 087 000	33 842 000	30 394 000
Cost of Goods Sold	29 099 000	28 816 000	24 556 000	21 071 000
Salary Costs	5 732 000	5 269 000	4 537 000	4 529 000
Depreciation	72 000	72 000	60 000	77 000
Impairment	0	0	0	0
Expenditure	39 377 000	37 996 000	33 286 000	29 728 000
Operating Profit	1 663 000	2 092 000	556 000	666 000
Financial Income	754 000	66 000	382 000	25 000
Financial Costs	1 191 000	209 000	94 000	191 000
Financial Balance	−437 000	−143 000	288 000	−166 000
Dividends	0	0	0	0
Net Income	951 000	1 511 000	661 000	380 000

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	4 000	4 000	4 000	13 000
Fixtures	228 000	300 000	372 000	412 000
Total Tangible Assets	232 000	304 000	376 000	425 000
Total Fiancial Fixed Assets	1 230 000	0	0	0
Total Fixed Assets	1 461 000	304 000	376 000	425 000
Stock	17 326 000	13 033 000	8 307 000	6 198 000
Total Investments	0	0	0	0
Cash, Bank	843 000	6 287 000	7 033 000	7 317 000
Total Current Assets	20 334 000	20 307 000	15 940 000	14 117 000
Total Assets	21 796 000	20 611 000	16 316 000	14 542 000
Total Equity	15 429 000	14 478 000	12 966 000	12 305 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 303 000	4 295 000	1 649 000	556 000
Unpaid Taxes	745 000	553 000	382 000	435 000
Dividends	0	0	0	0
Other Current Debt	1 046 000	848 000	1 135 000	1 125 000
Total Current Debt	6 367 000	6 133 000	3 349 000	2 237 000
Total Equity and Debt	21 796 000	20 611 000	16 316 000	14 542 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,16 %	10,44 %	5,1 %	3,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,05 %	5,22 %	1,64 %	2,19 %
Current Ratio	3,19	3,31	4,76	6,31
Quick Ratio	−1,86	−2,94	−3,22	−3,56
Equity Ratio	0,71	0,7	0,79	0,85
Gross Profit Margin	29,1 %	28,12 %	27,44 %	30,67 %