STEREO SKIS AS

2100 SKARNES

Finances

Share Ownership

Return on Equity

−25,21 %

Current Ratio

2,57

Debt-to-Equity Ratio

12,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 091 000	3 348 000	3 562 000	2 896 000
Net Income	−89 000	−786 000	−567 000	−1 096 000
Total Assets	6 458 000	5 564 000	4 714 000	5 299 000
Total Equity	353 000	443 000	1 290 000	1 531 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 091 000	3 348 000	3 562 000	2 896 000
Expenditure	4 058 000	4 186 000	4 071 000	4 017 000
Operating Profit	32 000	−837 000	−509 000	−1 121 000
Financial Income	29 000	18 000	15 000	4 000
Financial Costs	180 000	190 000	222 000	217 000
Financial Balance	−151 000	−172 000	−207 000	−213 000
Earnings Before Tax	−118 000	−1 010 000	−716 000	−1 335 000
Tax	−29 000	−224 000	−149 000	−238 000
Net Income	−89 000	−786 000	−567 000	−1 096 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 936 000	1 945 000	1 766 000	1 668 000
Total Current Assets	4 522 000	3 618 000	2 947 000	3 630 000
Total Assets	6 458 000	5 564 000	4 714 000	5 299 000
Total Retained Equity	−6 710 000	−6 620 000	−5 773 000	−5 206 000
Total Equity	353 000	443 000	1 290 000	1 531 000
Total Long-Term Debt	4 344 000	2 180 000	894 000	1 259 000
Total Current Debt	1 761 000	2 941 000	2 530 000	2 509 000
Total Equity and Debt	6 458 000	5 564 000	4 714 000	5 299 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 021 000	3 293 000	3 564 000	2 896 000
Other Income	70 000	56 000	−2 000	0
Revenue	4 091 000	3 348 000	3 562 000	2 896 000
Cost of Goods Sold	2 235 000	2 187 000	2 267 000	2 034 000
Salary Costs	782 000	701 000	551 000	625 000
Depreciation	38 000	94 000	125 000	145 000
Impairment	0	0	0	0
Expenditure	4 058 000	4 186 000	4 071 000	4 017 000
Operating Profit	32 000	−837 000	−509 000	−1 121 000
Financial Income	29 000	18 000	15 000	4 000
Financial Costs	180 000	190 000	222 000	217 000
Financial Balance	−151 000	−172 000	−207 000	−213 000
Dividends	0	0	0	0
Net Income	−89 000	−786 000	−567 000	−1 096 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 936 000	1 945 000	1 661 000	1 517 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	105 000	151 000
Total Tangible Assets	0	0	105 000	151 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 936 000	1 945 000	1 766 000	1 668 000
Stock	1 743 000	2 157 000	1 852 000	1 816 000
Total Investments	0	0	0	0
Cash, Bank	506 000	711 000	618 000	402 000
Total Current Assets	4 522 000	3 618 000	2 947 000	3 630 000
Total Assets	6 458 000	5 564 000	4 714 000	5 299 000
Total Equity	353 000	443 000	1 290 000	1 531 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 344 000	2 180 000	894 000	1 259 000
Creditors	99 000	−79 000	186 000	474 000
Unpaid Taxes	49 000	10 000	122 000	225 000
Dividends	0	0	0	0
Other Current Debt	1 612 000	3 010 000	1 372 000	1 810 000
Total Current Debt	1 761 000	2 941 000	2 530 000	2 509 000
Total Equity and Debt	6 458 000	5 564 000	4 714 000	5 299 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,21 %	−177,43 %	−43,95 %	−71,59 %
Debt-to-Equity Ratio	12,31	4,92	0,69	0,82
Operating Profit Margin	0,78 %	−25 %	−14,29 %	−38,71 %
Current Ratio	2,57	1,23	1,16	1,45
Quick Ratio	251,22	4,61	4,35	5,24
Equity Ratio	0,05	0,08	0,27	0,29
Gross Profit Margin	45,37 %	34,68 %	36,36 %	29,77 %