STRETCHCEILING SCANDINAVIA AS

2233 VESTMARKA

Finances

Share Ownership

Return on Equity

17 %

Current Ratio

1,02

Debt-to-Equity Ratio

0,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 780 000	16 665 000	10 854 000	13 253 000
Net Income	59 000	729 000	56 000	1 197 000
Total Assets	3 673 000	5 094 000	5 209 000	6 662 000
Total Equity	347 000	288 000	1 262 000	3 705 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 780 000	16 665 000	10 854 000	13 253 000
Expenditure	8 677 000	15 711 000	10 737 000	11 606 000
Operating Profit	104 000	955 000	117 000	1 620 000
Financial Income	15 000	3 000	4 000	7 000
Financial Costs	41 000	23 000	49 000	52 000
Financial Balance	−26 000	−20 000	−45 000	−45 000
Earnings Before Tax	78 000	934 000	72 000	1 575 000
Tax	20 000	206 000	16 000	378 000
Net Income	59 000	729 000	56 000	1 197 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	496 000	429 000	700 000	552 000
Total Current Assets	3 177 000	4 665 000	4 509 000	6 110 000
Total Assets	3 673 000	5 094 000	5 209 000	6 662 000
Total Retained Equity	229 000	170 000	82 000	2 526 000
Total Equity	347 000	288 000	1 262 000	3 705 000
Total Long-Term Debt	200 000	206 000	279 000	170 000
Total Current Debt	3 127 000	4 600 000	3 669 000	2 787 000
Total Equity and Debt	3 673 000	5 094 000	5 209 000	6 662 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 698 000	16 421 000	10 550 000	13 251 000
Other Income	82 000	243 000	304 000	2 000
Revenue	8 780 000	16 665 000	10 854 000	13 253 000
Cost of Goods Sold	2 109 000	8 461 000	4 068 000	3 937 000
Salary Costs	2 668 000	2 849 000	3 516 000	4 710 000
Depreciation	173 000	178 000	194 000	166 000
Impairment	0	0	0	0
Expenditure	8 677 000	15 711 000	10 737 000	11 606 000
Operating Profit	104 000	955 000	117 000	1 620 000
Financial Income	15 000	3 000	4 000	7 000
Financial Costs	41 000	23 000	49 000	52 000
Financial Balance	−26 000	−20 000	−45 000	−45 000
Dividends	0	0	2 500 000	0
Net Income	59 000	729 000	56 000	1 197 000

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	18 000	30 000	61 000	110 000
Fixtures	478 000	399 000	546 000	442 000
Total Tangible Assets	496 000	429 000	607 000	552 000
Total Fiancial Fixed Assets	0	0	93 000	0
Total Fixed Assets	496 000	429 000	700 000	552 000
Stock	0	0	611 000	2 253 000
Total Investments	0	0	0	0
Cash, Bank	854 000	574 000	2 473 000	1 126 000
Total Current Assets	3 177 000	4 665 000	4 509 000	6 110 000
Total Assets	3 673 000	5 094 000	5 209 000	6 662 000
Total Equity	347 000	288 000	1 262 000	3 705 000
Short-Term Group Debt	2 380 000	1 851 000	182 000	0
Total Long-Term Debt	200 000	206 000	279 000	170 000
Creditors	286 000	1 632 000	499 000	212 000
Unpaid Taxes	127 000	182 000	151 000	616 000
Dividends	0	0	2 500 000	0
Other Current Debt	315 000	766 000	2 836 000	1 591 000
Total Current Debt	3 127 000	4 600 000	3 669 000	2 787 000
Total Equity and Debt	3 673 000	5 094 000	5 209 000	6 662 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17 %	253,13 %	4,44 %	32,31 %
Debt-to-Equity Ratio	0,58	0,72	0,22	0,05
Operating Profit Margin	1,18 %	5,73 %	1,08 %	12,22 %
Current Ratio	1,02	1,01	1,23	2,19
Quick Ratio	1,02	1,01	1,47	11,44
Equity Ratio	0,09	0,06	0,24	0,56
Gross Profit Margin	75,98 %	49,23 %	62,52 %	70,29 %