STEINSLAND MEK VERKSTED AS

4720 HÆGELAND

Finances

Share Ownership

Return on Equity

22,04 %

Current Ratio

1,76

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 271 000	13 610 000	11 212 000	11 593 000
Net Income	427 000	993 000	899 000	−1 155 000
Total Assets	6 447 000	7 255 000	5 236 000	5 234 000
Total Equity	1 937 000	2 355 000	1 635 000	1 718 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 271 000	13 610 000	11 212 000	11 593 000
Expenditure	13 641 000	12 295 000	10 102 000	12 925 000
Operating Profit	630 000	1 316 000	1 110 000	−1 122 000
Financial Income	1 000	2 000	17 000	15 000
Financial Costs	83 000	35 000	22 000	48 000
Financial Balance	−82 000	−33 000	−5 000	−33 000
Earnings Before Tax	548 000	1 282 000	1 105 000	−1 155 000
Tax	121 000	289 000	206 000	0
Net Income	427 000	993 000	899 000	−1 155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	331 000	340 000	345 000	253 000
Total Current Assets	6 116 000	6 915 000	4 891 000	4 981 000
Total Assets	6 447 000	7 255 000	5 236 000	5 234 000
Total Retained Equity	0	0	0	0
Total Equity	1 937 000	2 355 000	1 635 000	1 718 000
Total Long-Term Debt	1 028 000	1 420 000	513 000	737 000
Total Current Debt	3 482 000	3 480 000	3 088 000	2 779 000
Total Equity and Debt	6 447 000	7 255 000	5 236 000	5 234 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 271 000	13 610 000	11 211 000	11 592 000
Other Income	0	0	1 000	1 000
Revenue	14 271 000	13 610 000	11 212 000	11 593 000
Cost of Goods Sold	6 100 000	5 205 000	4 461 000	5 032 000
Salary Costs	5 189 000	5 090 000	3 979 000	5 395 000
Depreciation	79 000	69 000	46 000	25 000
Impairment	0	0	0	0
Expenditure	13 641 000	12 295 000	10 102 000	12 925 000
Operating Profit	630 000	1 316 000	1 110 000	−1 122 000
Financial Income	1 000	2 000	17 000	15 000
Financial Costs	83 000	35 000	22 000	48 000
Financial Balance	−82 000	−33 000	−5 000	−33 000
Dividends	0	0	0	0
Net Income	427 000	993 000	899 000	−1 155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	131 000	119 000	119 000	119 000
Machinery and Plant Facilities	151 000	213 000	189 000	109 000
Fixtures	49 000	8 000	16 000	24 000
Total Tangible Assets	331 000	340 000	324 000	253 000
Total Fiancial Fixed Assets	0	0	20 000	0
Total Fixed Assets	331 000	340 000	345 000	253 000
Stock	3 024 000	2 865 000	2 317 000	2 990 000
Total Investments	0	0	0	0
Cash, Bank	1 290 000	939 000	1 176 000	292 000
Total Current Assets	6 116 000	6 915 000	4 891 000	4 981 000
Total Assets	6 447 000	7 255 000	5 236 000	5 234 000
Total Equity	1 937 000	2 355 000	1 635 000	1 718 000
Short-Term Group Debt	878 000	351 000	1 000 000	0
Total Long-Term Debt	1 028 000	1 420 000	513 000	737 000
Creditors	929 000	1 075 000	637 000	831 000
Unpaid Taxes	921 000	983 000	771 000	787 000
Dividends	0	0	0	0
Other Current Debt	666 000	860 000	492 000	897 000
Total Current Debt	3 482 000	3 480 000	3 088 000	2 779 000
Total Equity and Debt	6 447 000	7 255 000	5 236 000	5 234 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,04 %	42,17 %	54,98 %	−67,23 %
Debt-to-Equity Ratio	0,53	0,6	0,31	0,43
Operating Profit Margin	4,41 %	9,67 %	9,9 %	−9,68 %
Current Ratio	1,76	1,99	1,58	1,79
Quick Ratio	13,35	11,24	6,34	−23,61
Equity Ratio	0,3	0,32	0,31	0,33
Gross Profit Margin	57,26 %	61,76 %	60,21 %	56,59 %