STEINOVNSBAKERIET MYKLEVOLD AS

8514 NARVIK

Finances

Return on Equity

84,73 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 234 000	40 526 000	35 025 000	35 203 000
Net Income	4 677 000	789 000	3 038 000	1 725 000
Total Assets	16 539 000	10 889 000	12 219 000	10 955 000
Total Equity	5 520 000	4 158 000	4 538 000	2 982 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 234 000	40 526 000	35 025 000	35 203 000
Expenditure	40 508 000	39 195 000	31 084 000	32 935 000
Operating Profit	5 726 000	1 331 000	3 940 000	2 268 000
Financial Income	129 000	90 000	113 000	100 000
Financial Costs	9 000	25 000	92 000	80 000
Financial Balance	120 000	65 000	21 000	20 000
Earnings Before Tax	5 846 000	1 396 000	3 960 000	2 289 000
Tax	1 168 000	607 000	922 000	564 000
Net Income	4 677 000	789 000	3 038 000	1 725 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	888 000	1 330 000	1 972 000	2 764 000
Total Current Assets	15 651 000	9 558 000	10 247 000	8 191 000
Total Assets	16 539 000	10 889 000	12 219 000	10 955 000
Total Retained Equity	5 262 000	3 900 000	4 281 000	2 724 000
Total Equity	5 520 000	4 158 000	4 538 000	2 982 000
Total Long-Term Debt	0	0	786 000	1 414 000
Total Current Debt	11 019 000	6 731 000	6 895 000	6 559 000
Total Equity and Debt	16 539 000	10 889 000	12 219 000	10 955 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 834 000	40 126 000	34 522 000	35 203 000
Other Income	400 000	400 000	503 000	0
Revenue	46 234 000	40 526 000	35 025 000	35 203 000
Cost of Goods Sold	13 967 000	13 893 000	10 319 000	10 370 000
Salary Costs	17 776 000	15 096 000	12 458 000	13 653 000
Depreciation	607 000	807 000	942 000	963 000
Impairment	0	0	0	0
Expenditure	40 508 000	39 195 000	31 084 000	32 935 000
Operating Profit	5 726 000	1 331 000	3 940 000	2 268 000
Financial Income	129 000	90 000	113 000	100 000
Financial Costs	9 000	25 000	92 000	80 000
Financial Balance	120 000	65 000	21 000	20 000
Dividends	0	0	0	0
Net Income	4 677 000	789 000	3 038 000	1 725 000

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	514 000	878 000	1 235 000	1 705 000
Fixtures	236 000	314 000	599 000	1 011 000
Total Tangible Assets	750 000	1 192 000	1 834 000	2 716 000
Total Fiancial Fixed Assets	138 000	138 000	138 000	48 000
Total Fixed Assets	888 000	1 330 000	1 972 000	2 764 000
Stock	1 233 000	1 127 000	1 078 000	1 066 000
Total Investments	0	0	0	0
Cash, Bank	5 824 000	4 588 000	5 689 000	4 358 000
Total Current Assets	15 651 000	9 558 000	10 247 000	8 191 000
Total Assets	16 539 000	10 889 000	12 219 000	10 955 000
Total Equity	5 520 000	4 158 000	4 538 000	2 982 000
Short-Term Group Debt	4 250 000	1 500 000	1 900 000	2 000 000
Total Long-Term Debt	0	0	786 000	1 414 000
Creditors	2 176 000	1 667 000	1 408 000	1 164 000
Unpaid Taxes	2 178 000	1 549 000	1 583 000	1 464 000
Dividends	0	0	0	0
Other Current Debt	2 182 000	1 738 000	1 500 000	1 807 000
Total Current Debt	11 019 000	6 731 000	6 895 000	6 559 000
Total Equity and Debt	16 539 000	10 889 000	12 219 000	10 955 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,73 %	18,98 %	66,95 %	57,85 %
Debt-to-Equity Ratio	0	0	0,17	0,47
Operating Profit Margin	12,38 %	3,28 %	11,25 %	6,44 %
Current Ratio	1,42	1,42	1,49	1,25
Quick Ratio	1,6	1,71	1,76	1,49
Equity Ratio	0,33	0,38	0,37	0,27
Gross Profit Margin	69,79 %	65,72 %	70,54 %	70,54 %