STARAG INVEST AS

4014 STAVANGER

Finances

Return on Equity

−9,3 %

Current Ratio

0,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 472 000	1 166 000	1 200 000	1 244 000
Net Income	−313 000	−229 000	978 000	14 000
Total Assets	4 446 000	4 693 000	4 773 000	4 533 000
Total Equity	3 365 000	3 678 000	4 158 000	3 179 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 472 000	1 166 000	1 200 000	1 244 000
Expenditure	1 444 000	1 377 000	947 000	1 429 000
Operating Profit	28 000	−210 000	253 000	−185 000
Financial Income	10 000	2 000	795 000	259 000
Financial Costs	351 000	21 000	69 000	59 000
Financial Balance	−341 000	−19 000	726 000	200 000
Earnings Before Tax	−313 000	−229 000	978 000	14 000
Tax	0	0	0	0
Net Income	−313 000	−229 000	978 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 223 000	4 303 000	4 017 000	3 248 000
Total Current Assets	224 000	390 000	755 000	1 285 000
Total Assets	4 446 000	4 693 000	4 773 000	4 533 000
Total Retained Equity	811 000	1 124 000	1 604 000	625 000
Total Equity	3 365 000	3 678 000	4 158 000	3 179 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 081 000	1 015 000	615 000	1 354 000
Total Equity and Debt	4 446 000	4 693 000	4 773 000	4 533 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 472 000	1 166 000	1 200 000	1 244 000
Other Income	0	0	0	0
Revenue	1 472 000	1 166 000	1 200 000	1 244 000
Cost of Goods Sold	3 000	0	0	0
Salary Costs	1 103 000	1 066 000	804 000	1 186 000
Depreciation	53 000	53 000	18 000	0
Impairment	0	0	0	0
Expenditure	1 444 000	1 377 000	947 000	1 429 000
Operating Profit	28 000	−210 000	253 000	−185 000
Financial Income	10 000	2 000	795 000	259 000
Financial Costs	351 000	21 000	69 000	59 000
Financial Balance	−341 000	−19 000	726 000	200 000
Dividends	0	250 000	0	0
Net Income	−313 000	−229 000	978 000	14 000

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	35 000	88 000	141 000	0
Total Tangible Assets	35 000	88 000	141 000	0
Total Fiancial Fixed Assets	4 187 000	4 215 000	3 876 000	3 248 000
Total Fixed Assets	4 223 000	4 303 000	4 017 000	3 248 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 000	13 000	44 000	68 000
Total Current Assets	224 000	390 000	755 000	1 285 000
Total Assets	4 446 000	4 693 000	4 773 000	4 533 000
Total Equity	3 365 000	3 678 000	4 158 000	3 179 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	31 000	69 000	2 000	1 000
Unpaid Taxes	133 000	228 000	330 000	106 000
Dividends	0	250 000	0	0
Other Current Debt	157 000	153 000	194 000	264 000
Total Current Debt	1 081 000	1 015 000	615 000	1 354 000
Total Equity and Debt	4 446 000	4 693 000	4 773 000	4 533 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,3 %	−6,23 %	23,52 %	0,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,9 %	−18,01 %	21,08 %	−14,87 %
Current Ratio	0,21	0,38	1,23	0,95
Quick Ratio	0,21	0,38	1,23	0,95
Equity Ratio	0,76	0,78	0,87	0,7
Gross Profit Margin	99,8 %	100 %	100 %	100 %