STAVANGER MEKANISKE AS

4029 STAVANGER

Finances

Share Ownership

Return on Equity

19,34 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	122 490 000	123 112 000	60 930 000	62 466 000
Net Income	2 397 000	5 387 000	4 449 000	−20 418 000
Total Assets	50 396 000	57 968 000	52 704 000	31 337 000
Total Equity	12 393 000	12 241 000	5 382 000	6 394 000

Income (NOK)	2022	2021	2020	2019
Revenue	122 490 000	123 112 000	60 930 000	62 466 000
Expenditure	118 523 000	117 585 000	58 691 000	85 900 000
Operating Profit	3 968 000	5 527 000	2 239 000	−23 434 000
Financial Income	177 000	57 000	37 000	92 000
Financial Costs	957 000	803 000	1 040 000	1 077 000
Financial Balance	−780 000	−746 000	−1 003 000	−985 000
Earnings Before Tax	3 187 000	4 781 000	1 236 000	−24 419 000
Tax	790 000	−606 000	−3 214 000	−4 001 000
Net Income	2 397 000	5 387 000	4 449 000	−20 418 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 344 000	9 110 000	6 209 000	8 169 000
Total Current Assets	43 052 000	48 858 000	46 495 000	23 168 000
Total Assets	50 396 000	57 968 000	52 704 000	31 337 000
Total Retained Equity	3 118 000	3 494 000	0	0
Total Equity	12 393 000	12 241 000	5 382 000	6 394 000
Total Long-Term Debt	6 734 000	5 031 000	4 040 000	6 106 000
Total Current Debt	31 269 000	40 696 000	43 282 000	18 837 000
Total Equity and Debt	50 396 000	57 968 000	52 704 000	31 337 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	122 490 000	122 918 000	60 930 000	62 466 000
Other Income	0	194 000	0	0
Revenue	122 490 000	123 112 000	60 930 000	62 466 000
Cost of Goods Sold	38 053 000	43 421 000	22 200 000	27 199 000
Salary Costs	58 147 000	54 884 000	28 081 000	26 290 000
Depreciation	1 747 000	1 695 000	1 098 000	6 578 000
Impairment	0	0	0	18 535 000
Expenditure	118 523 000	117 585 000	58 691 000	85 900 000
Operating Profit	3 968 000	5 527 000	2 239 000	−23 434 000
Financial Income	177 000	57 000	37 000	92 000
Financial Costs	957 000	803 000	1 040 000	1 077 000
Financial Balance	−780 000	−746 000	−1 003 000	−985 000
Dividends	0	0	0	0
Net Income	2 397 000	5 387 000	4 449 000	−20 418 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 803 000	2 213 000	0	0
Total Intangible Assets	3 937 000	4 626 000	2 820 000	5 092 000
Real Eastate	186 000	272 000	232 000	283 000
Machinery and Plant Facilities	2 536 000	2 525 000	1 942 000	1 552 000
Fixtures	685 000	1 688 000	1 215 000	1 241 000
Total Tangible Assets	3 407 000	4 485 000	3 390 000	3 076 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 344 000	9 110 000	6 209 000	8 169 000
Stock	1 176 000	1 969 000	0	0
Total Investments	0	0	0	0
Cash, Bank	4 005 000	7 118 000	4 398 000	3 508 000
Total Current Assets	43 052 000	48 858 000	46 495 000	23 168 000
Total Assets	50 396 000	57 968 000	52 704 000	31 337 000
Total Equity	12 393 000	12 241 000	5 382 000	6 394 000
Short-Term Group Debt	527 000	4 319 000	24 822 000	0
Total Long-Term Debt	6 734 000	5 031 000	4 040 000	6 106 000
Creditors	8 142 000	7 330 000	3 124 000	4 668 000
Unpaid Taxes	4 250 000	4 109 000	1 996 000	1 447 000
Dividends	0	0	0	0
Other Current Debt	8 350 000	9 662 000	5 839 000	5 217 000
Total Current Debt	31 269 000	40 696 000	43 282 000	18 837 000
Total Equity and Debt	50 396 000	57 968 000	52 704 000	31 337 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,34 %	44,01 %	82,66 %	−319,33 %
Debt-to-Equity Ratio	0,54	0,41	0,75	0,95
Operating Profit Margin	3,24 %	4,49 %	3,67 %	−37,51 %
Current Ratio	1,38	1,2	1,07	1,23
Quick Ratio	1,43	1,26	1,07	1,23
Equity Ratio	0,25	0,21	0,1	0,2
Gross Profit Margin	68,93 %	64,73 %	63,56 %	56,46 %