STINGRAY HOLDING AS

0975 OSLO

Finances

Return on Equity

2,69 %

Current Ratio

0,77

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	247 437 000	131 009 000	69 912 000	92 566 000
Net Income	1 833 000	−8 468 000	−15 513 000	7 997 000
Total Assets	227 281 000	164 986 000	139 172 000	125 882 000
Total Equity	68 021 000	62 283 000	70 091 000	78 404 000

Income (NOK)	2022	2021	2020	2019
Revenue	247 437 000	131 009 000	69 912 000	92 566 000
Expenditure	258 954 000	160 410 000	105 449 000	106 781 000
Operating Profit	4 421 000	−9 883 000	−18 850 000	5 583 000
Financial Income	514 000	261 000	276 000	83 000
Financial Costs	3 231 000	2 095 000	864 000	772 000
Financial Balance	−2 717 000	−1 834 000	−588 000	−689 000
Earnings Before Tax	1 704 000	−11 717 000	−19 439 000	4 894 000
Tax	−129 000	−3 248 000	−3 926 000	−3 103 000
Net Income	1 833 000	−8 468 000	−15 513 000	7 997 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	118 457 000	97 449 000	60 734 000	43 657 000
Total Current Assets	108 825 000	67 536 000	78 438 000	82 225 000
Total Assets	227 281 000	164 986 000	139 172 000	125 882 000
Total Retained Equity	10 615 000	6 444 000	10 608 000	18 700 000
Total Equity	68 021 000	62 283 000	70 091 000	78 404 000
Total Long-Term Debt	18 700 000	22 000 000	22 000 000	0
Total Current Debt	140 561 000	80 703 000	47 081 000	47 478 000
Total Equity and Debt	227 281 000	164 986 000	139 172 000	125 882 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	247 437 000	131 009 000	69 912 000	92 566 000
Other Income	0	0	0	0
Revenue	247 437 000	131 009 000	69 912 000	92 566 000
Cost of Goods Sold	126 778 000	63 803 000	42 090 000	51 564 000
Salary Costs	64 662 000	53 022 000	33 358 000	27 365 000
Depreciation	21 745 000	15 587 000	10 143 000	9 626 000
Impairment	0	0	0	0
Expenditure	258 954 000	160 410 000	105 449 000	106 781 000
Operating Profit	4 421 000	−9 883 000	−18 850 000	5 583 000
Financial Income	514 000	261 000	276 000	83 000
Financial Costs	3 231 000	2 095 000	864 000	772 000
Financial Balance	−2 717 000	−1 834 000	−588 000	−689 000
Dividends	0	0	0	0
Net Income	1 833 000	−8 468 000	−15 513 000	7 997 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	55 157 000	46 444 000	32 705 000	25 014 000
Real Eastate	21 245 000	0	0	0
Machinery and Plant Facilities	15 893 000	47 276 000	24 847 000	13 856 000
Fixtures	2 145 000	3 729 000	3 181 000	4 654 000
Total Tangible Assets	39 283 000	51 005 000	28 028 000	18 510 000
Total Fiancial Fixed Assets	24 017 000	0	1 000	133 000
Total Fixed Assets	118 457 000	97 449 000	60 734 000	43 657 000
Stock	45 244 000	29 306 000	42 938 000	42 513 000
Total Investments	0	0	0	0
Cash, Bank	18 977 000	16 785 000	27 485 000	11 850 000
Total Current Assets	108 825 000	67 536 000	78 438 000	82 225 000
Total Assets	227 281 000	164 986 000	139 172 000	125 882 000
Total Equity	68 021 000	62 283 000	70 091 000	78 404 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 700 000	22 000 000	22 000 000	0
Creditors	24 396 000	7 334 000	3 440 000	7 421 000
Unpaid Taxes	20 812 000	8 935 000	7 588 000	7 077 000
Dividends	0	0	0	0
Other Current Debt	75 957 000	54 332 000	25 866 000	22 601 000
Total Current Debt	140 561 000	80 703 000	47 081 000	47 478 000
Total Equity and Debt	227 281 000	164 986 000	139 172 000	125 882 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,69 %	−13,6 %	−22,13 %	10,2 %
Debt-to-Equity Ratio	0,27	0,35	0,31	0
Operating Profit Margin	1,79 %	−7,54 %	−26,96 %	6,03 %
Current Ratio	0,77	0,84	1,67	1,73
Quick Ratio	1,14	1,31	18,93	16,56
Equity Ratio	0,3	0,38	0,5	0,62
Gross Profit Margin	48,76 %	51,3 %	39,8 %	44,29 %