STITEC AS

1570 DILLING

Finances

Share Ownership

Return on Equity

83,91 %

Current Ratio

1,66

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 187 000	1 745 000	1 074 000	1 266 000
Net Income	579 000	438 000	−27 000	97 000
Total Assets	1 347 000	3 964 000	4 288 000	4 161 000
Total Equity	690 000	411 000	573 000	600 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 187 000	1 745 000	1 074 000	1 266 000
Expenditure	1 423 000	1 064 000	974 000	1 112 000
Operating Profit	764 000	681 000	100 000	154 000
Financial Income	0	0	2 000	4 000
Financial Costs	22 000	119 000	137 000	34 000
Financial Balance	−22 000	−119 000	−135 000	−30 000
Earnings Before Tax	742 000	562 000	−35 000	124 000
Tax	163 000	124 000	−8 000	27 000
Net Income	579 000	438 000	−27 000	97 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	473 000	3 322 000	3 512 000	3 701 000
Total Current Assets	874 000	642 000	776 000	460 000
Total Assets	1 347 000	3 964 000	4 288 000	4 161 000
Total Retained Equity	590 000	311 000	473 000	500 000
Total Equity	690 000	411 000	573 000	600 000
Total Long-Term Debt	130 000	2 596 000	3 504 000	3 207 000
Total Current Debt	527 000	956 000	211 000	353 000
Total Equity and Debt	1 347 000	3 964 000	4 288 000	4 161 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 657 000	1 613 000	908 000	1 239 000
Other Income	530 000	132 000	167 000	27 000
Revenue	2 187 000	1 745 000	1 074 000	1 266 000
Cost of Goods Sold	525 000	65 000	13 000	2 000
Salary Costs	358 000	518 000	425 000	647 000
Depreciation	86 000	189 000	189 000	68 000
Impairment	0	0	0	0
Expenditure	1 423 000	1 064 000	974 000	1 112 000
Operating Profit	764 000	681 000	100 000	154 000
Financial Income	0	0	2 000	4 000
Financial Costs	22 000	119 000	137 000	34 000
Financial Balance	−22 000	−119 000	−135 000	−30 000
Dividends	300 000	600 000	0	0
Net Income	579 000	438 000	−27 000	97 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	304 000	2 885 000	2 952 000	3 019 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	168 000	437 000	559 000	682 000
Total Tangible Assets	473 000	3 322 000	3 512 000	3 701 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	473 000	3 322 000	3 512 000	3 701 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	447 000	491 000	702 000	136 000
Total Current Assets	874 000	642 000	776 000	460 000
Total Assets	1 347 000	3 964 000	4 288 000	4 161 000
Total Equity	690 000	411 000	573 000	600 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	130 000	2 596 000	3 504 000	3 207 000
Creditors	43 000	14 000	48 000	43 000
Unpaid Taxes	29 000	207 000	113 000	247 000
Dividends	300 000	600 000	0	0
Other Current Debt	62 000	33 000	50 000	64 000
Total Current Debt	527 000	956 000	211 000	353 000
Total Equity and Debt	1 347 000	3 964 000	4 288 000	4 161 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,91 %	106,57 %	−4,71 %	16,17 %
Debt-to-Equity Ratio	0,19	6,32	6,12	5,35
Operating Profit Margin	34,93 %	39,03 %	9,31 %	12,16 %
Current Ratio	1,66	0,67	3,68	1,3
Quick Ratio	1,66	0,67	3,68	1,3
Equity Ratio	0,51	0,1	0,13	0,14
Gross Profit Margin	75,99 %	96,28 %	98,79 %	99,84 %