STYRMAND AS

2615 LILLEHAMMER

Finances

Share Ownership

Return on Equity

35,15 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	193 769 000	162 352 000	145 737 000	116 281 000
Net Income	10 267 000	10 242 000	9 760 000	7 013 000
Total Assets	79 052 000	73 749 000	65 968 000	54 514 000
Total Equity	29 207 000	27 363 000	22 706 000	18 857 000

Income (NOK)	2022	2021	2020	2019
Revenue	193 769 000	162 352 000	145 737 000	116 281 000
Expenditure	180 766 000	149 401 000	133 396 000	107 515 000
Operating Profit	13 003 000	12 950 000	12 340 000	8 766 000
Financial Income	526 000	171 000	195 000	277 000
Financial Costs	267 000	0	5 000	3 000
Financial Balance	259 000	171 000	190 000	274 000
Earnings Before Tax	13 263 000	13 121 000	12 529 000	9 040 000
Tax	2 996 000	2 880 000	2 769 000	2 027 000
Net Income	10 267 000	10 242 000	9 760 000	7 013 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 211 000	1 451 000	1 630 000	1 331 000
Total Current Assets	77 841 000	72 298 000	64 338 000	53 183 000
Total Assets	79 052 000	73 749 000	65 968 000	54 514 000
Total Retained Equity	8 562 000	6 719 000	22 613 000	18 764 000
Total Equity	29 207 000	27 363 000	22 706 000	18 857 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	49 845 000	46 386 000	43 263 000	35 656 000
Total Equity and Debt	79 052 000	73 749 000	65 968 000	54 514 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	193 769 000	162 352 000	145 737 000	116 281 000
Other Income	0	0	0	0
Revenue	193 769 000	162 352 000	145 737 000	116 281 000
Cost of Goods Sold	84 121 000	64 141 000	54 022 000	34 122 000
Salary Costs	84 104 000	75 204 000	71 242 000	63 882 000
Depreciation	571 000	638 000	457 000	366 000
Impairment	0	0	0	0
Expenditure	180 766 000	149 401 000	133 396 000	107 515 000
Operating Profit	13 003 000	12 950 000	12 340 000	8 766 000
Financial Income	526 000	171 000	195 000	277 000
Financial Costs	267 000	0	5 000	3 000
Financial Balance	259 000	171 000	190 000	274 000
Dividends	8 423 000	5 722 000	5 912 000	0
Net Income	10 267 000	10 242 000	9 760 000	7 013 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	66 000	41 000	7 000	22 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 145 000	1 410 000	1 623 000	1 278 000
Total Tangible Assets	1 145 000	1 410 000	1 623 000	1 278 000
Total Fiancial Fixed Assets	0	0	0	32 000
Total Fixed Assets	1 211 000	1 451 000	1 630 000	1 331 000
Stock	0	0	0	0
Total Investments	7 282 000	3 363 000	0	0
Cash, Bank	39 520 000	44 669 000	47 905 000	37 133 000
Total Current Assets	77 841 000	72 298 000	64 338 000	53 183 000
Total Assets	79 052 000	73 749 000	65 968 000	54 514 000
Total Equity	29 207 000	27 363 000	22 706 000	18 857 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	19 327 000	6 087 000	5 237 000	4 726 000
Unpaid Taxes	21 945 000	10 532 000	11 012 000	8 547 000
Dividends	8 423 000	5 722 000	5 912 000	0
Other Current Debt	5 552 000	26 852 000	24 260 000	20 355 000
Total Current Debt	49 845 000	46 386 000	43 263 000	35 656 000
Total Equity and Debt	79 052 000	73 749 000	65 968 000	54 514 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,15 %	37,43 %	42,98 %	37,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,71 %	7,98 %	8,47 %	7,54 %
Current Ratio	1,56	1,56	1,49	1,49
Quick Ratio	1,56	1,56	1,49	1,49
Equity Ratio	0,37	0,37	0,34	0,35
Gross Profit Margin	56,59 %	60,49 %	62,93 %	70,66 %