STATLAND SETTEFISK AS

7777 NORD-STATLAND

Finances

Share Ownership

Return on Equity

−185,82 %

Current Ratio

5,92

Debt-to-Equity Ratio

13,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 084 000	22 887 000	59 992 000	58 429 000
Net Income	−3 826 000	−6 936 000	7 127 000	5 136 000
Total Assets	34 416 000	4 708 000	20 969 000	16 134 000
Total Equity	2 059 000	2 141 000	9 076 000	9 033 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 084 000	22 887 000	59 992 000	58 429 000
Expenditure	12 786 000	31 770 000	50 849 000	52 204 000
Operating Profit	−5 702 000	−8 883 000	9 143 000	6 589 000
Financial Income	877 000	8 000	0	1 000
Financial Costs	77 000	3 000	1 000	4 000
Financial Balance	800 000	5 000	−1 000	−3 000
Earnings Before Tax	−4 902 000	−8 877 000	9 143 000	6 585 000
Tax	−1 075 000	−1 942 000	2 016 000	1 449 000
Net Income	−3 826 000	−6 936 000	7 127 000	5 136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 165 000	2 928 000	724 000	313 000
Total Current Assets	32 252 000	1 779 000	20 246 000	15 820 000
Total Assets	34 416 000	4 708 000	20 969 000	16 134 000
Total Retained Equity	0	0	8 276 000	8 233 000
Total Equity	2 059 000	2 141 000	9 076 000	9 033 000
Total Long-Term Debt	26 911 000	1 628 000	1 897 000	2 831 000
Total Current Debt	5 446 000	938 000	9 996 000	4 269 000
Total Equity and Debt	34 416 000	4 708 000	20 969 000	16 134 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 084 000	22 887 000	59 992 000	58 429 000
Other Income	0	0	0	0
Revenue	7 084 000	22 887 000	59 992 000	58 429 000
Cost of Goods Sold	3 388 000	7 593 000	24 865 000	27 671 000
Salary Costs	3 117 000	7 864 000	10 340 000	8 869 000
Depreciation	4 000	0	0	0
Impairment	0	0	0	0
Expenditure	12 786 000	31 770 000	50 849 000	52 204 000
Operating Profit	−5 702 000	−8 883 000	9 143 000	6 589 000
Financial Income	877 000	8 000	0	1 000
Financial Costs	77 000	3 000	1 000	4 000
Financial Balance	800 000	5 000	−1 000	−3 000
Dividends	0	0	0	0
Net Income	−3 826 000	−6 936 000	7 127 000	5 136 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 960 000	1 179 000	327 000	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	204 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	204 000	0	0	0
Total Fiancial Fixed Assets	0	1 749 000	397 000	303 000
Total Fixed Assets	2 165 000	2 928 000	724 000	313 000
Stock	26 486 000	894 000	19 206 000	14 740 000
Total Investments	0	0	0	0
Cash, Bank	843 000	879 000	1 033 000	1 068 000
Total Current Assets	32 252 000	1 779 000	20 246 000	15 820 000
Total Assets	34 416 000	4 708 000	20 969 000	16 134 000
Total Equity	2 059 000	2 141 000	9 076 000	9 033 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 911 000	1 628 000	1 897 000	2 831 000
Creditors	4 551 000	2 000	12 000	1 714 000
Unpaid Taxes	340 000	261 000	369 000	349 000
Dividends	0	0	0	0
Other Current Debt	555 000	675 000	1 075 000	999 000
Total Current Debt	5 446 000	938 000	9 996 000	4 269 000
Total Equity and Debt	34 416 000	4 708 000	20 969 000	16 134 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−185,82 %	−323,96 %	78,53 %	56,86 %
Debt-to-Equity Ratio	13,07	0,76	0,21	0,31
Operating Profit Margin	−80,49 %	−38,81 %	15,24 %	11,28 %
Current Ratio	5,92	1,9	2,03	3,71
Quick Ratio	−1,53	40,43	−2,2	−1,51
Equity Ratio	0,06	0,45	0,43	0,56
Gross Profit Margin	52,17 %	66,82 %	58,55 %	52,64 %