STEELWORK BM AS

4340 BRYNE

Finances

Share Ownership

Return on Equity

−35,57 %

Current Ratio

0,36

Debt-to-Equity Ratio

−0,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 788 000	7 370 000	13 688 000	18 916 000
Net Income	688 000	−1 214 000	−3 600 000	−5 220 000
Total Assets	5 495 000	5 315 000	6 684 000	10 082 000
Total Equity	−1 934 000	−3 622 000	−2 408 000	−8 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 788 000	7 370 000	13 688 000	18 916 000
Expenditure	5 659 000	8 655 000	18 036 000	24 739 000
Operating Profit	1 129 000	−1 285 000	−4 348 000	−6 266 000
Financial Income	0	0	0	21 000
Financial Costs	246 000	272 000	268 000	414 000
Financial Balance	−246 000	−272 000	−268 000	−393 000
Earnings Before Tax	882 000	−1 557 000	−4 616 000	−6 658 000
Tax	194 000	−343 000	−1 015 000	−1 438 000
Net Income	688 000	−1 214 000	−3 600 000	−5 220 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 451 000	3 924 000	4 172 000	5 475 000
Total Current Assets	2 044 000	1 391 000	2 512 000	4 607 000
Total Assets	5 495 000	5 315 000	6 684 000	10 082 000
Total Retained Equity	−7 486 000	−8 174 000	−6 959 000	−3 359 000
Total Equity	−1 934 000	−3 622 000	−2 408 000	−8 000
Total Long-Term Debt	1 683 000	2 641 000	2 365 000	3 993 000
Total Current Debt	5 746 000	6 297 000	6 727 000	6 096 000
Total Equity and Debt	5 495 000	5 315 000	6 684 000	10 082 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 788 000	7 342 000	12 800 000	18 795 000
Other Income	0	27 000	888 000	121 000
Revenue	6 788 000	7 370 000	13 688 000	18 916 000
Cost of Goods Sold	327 000	2 352 000	5 989 000	8 337 000
Salary Costs	3 667 000	4 008 000	6 504 000	9 410 000
Depreciation	279 000	580 000	955 000	1 392 000
Impairment	0	0	0	0
Expenditure	5 659 000	8 655 000	18 036 000	24 739 000
Operating Profit	1 129 000	−1 285 000	−4 348 000	−6 266 000
Financial Income	0	0	0	21 000
Financial Costs	246 000	272 000	268 000	414 000
Financial Balance	−246 000	−272 000	−268 000	−393 000
Dividends	0	0	0	0
Net Income	688 000	−1 214 000	−3 600 000	−5 220 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 580 000	2 774 000	2 432 000	1 416 000
Real Eastate	8 000	19 000	30 000	41 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	863 000	1 131 000	1 710 000	4 018 000
Total Tangible Assets	871 000	1 150 000	1 740 000	4 059 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 451 000	3 924 000	4 172 000	5 475 000
Stock	695 000	557 000	976 000	988 000
Total Investments	0	0	0	0
Cash, Bank	156 000	106 000	212 000	250 000
Total Current Assets	2 044 000	1 391 000	2 512 000	4 607 000
Total Assets	5 495 000	5 315 000	6 684 000	10 082 000
Total Equity	−1 934 000	−3 622 000	−2 408 000	−8 000
Short-Term Group Debt	100 000	0	0	0
Total Long-Term Debt	1 683 000	2 641 000	2 365 000	3 993 000
Creditors	2 761 000	4 154 000	3 551 000	3 133 000
Unpaid Taxes	514 000	170 000	772 000	580 000
Dividends	0	0	0	0
Other Current Debt	482 000	466 000	819 000	863 000
Total Current Debt	5 746 000	6 297 000	6 727 000	6 096 000
Total Equity and Debt	5 495 000	5 315 000	6 684 000	10 082 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,57 %	33,52 %	149,5 %	65 250 %
Debt-to-Equity Ratio	−0,87	−0,73	−0,98	−499,13
Operating Profit Margin	16,63 %	−17,44 %	−31,77 %	−33,13 %
Current Ratio	0,36	0,22	0,37	0,76
Quick Ratio	0,4	0,24	0,44	0,9
Equity Ratio	−0,35	−0,68	−0,36	−0
Gross Profit Margin	95,18 %	68,09 %	56,25 %	55,93 %