STAVANGER ASSET MANAGEMENT AS

4006 STAVANGER

Finances

Return on Equity

−25,64 %

Current Ratio

3,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 439 000	8 764 000	6 534 000	10 640 000
Net Income	−1 117 000	1 251 000	−305 000	1 548 000
Total Assets	6 199 000	8 500 000	6 569 000	9 648 000
Total Equity	4 356 000	5 473 000	4 838 000	5 142 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 439 000	8 764 000	6 534 000	10 640 000
Expenditure	7 828 000	7 173 000	7 577 000	8 754 000
Operating Profit	−1 389 000	1 592 000	−1 043 000	1 885 000
Financial Income	279 000	184 000	908 000	239 000
Financial Costs	7 000	109 000	412 000	60 000
Financial Balance	272 000	75 000	496 000	179 000
Earnings Before Tax	−1 117 000	1 667 000	−546 000	2 065 000
Tax	0	416 000	−242 000	516 000
Net Income	−1 117 000	1 251 000	−305 000	1 548 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 000	101 000	132 000	143 000
Total Current Assets	6 161 000	8 399 000	6 437 000	9 505 000
Total Assets	6 199 000	8 500 000	6 569 000	9 648 000
Total Retained Equity	−374 000	743 000	107 000	412 000
Total Equity	4 356 000	5 473 000	4 838 000	5 142 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 843 000	3 027 000	1 731 000	4 506 000
Total Equity and Debt	6 199 000	8 500 000	6 569 000	9 648 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 298 000	8 620 000	6 220 000	10 404 000
Other Income	141 000	144 000	314 000	236 000
Revenue	6 439 000	8 764 000	6 534 000	10 640 000
Cost of Goods Sold	659 000	757 000	705 000	1 090 000
Salary Costs	3 874 000	3 534 000	3 719 000	4 652 000
Depreciation	35 000	35 000	35 000	35 000
Impairment	0	0	0	0
Expenditure	7 828 000	7 173 000	7 577 000	8 754 000
Operating Profit	−1 389 000	1 592 000	−1 043 000	1 885 000
Financial Income	279 000	184 000	908 000	239 000
Financial Costs	7 000	109 000	412 000	60 000
Financial Balance	272 000	75 000	496 000	179 000
Dividends	0	615 000	0	1 430 000
Net Income	−1 117 000	1 251 000	−305 000	1 548 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	38 000	73 000	108 000	143 000
Total Tangible Assets	38 000	73 000	108 000	143 000
Total Fiancial Fixed Assets	0	28 000	23 000	0
Total Fixed Assets	38 000	101 000	132 000	143 000
Stock	0	0	0	0
Total Investments	520 000	379 000	601 000	235 000
Cash, Bank	3 641 000	4 064 000	3 044 000	4 897 000
Total Current Assets	6 161 000	8 399 000	6 437 000	9 505 000
Total Assets	6 199 000	8 500 000	6 569 000	9 648 000
Total Equity	4 356 000	5 473 000	4 838 000	5 142 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	258 000	415 000	185 000	397 000
Unpaid Taxes	244 000	237 000	262 000	282 000
Dividends	0	615 000	0	1 430 000
Other Current Debt	1 341 000	1 344 000	1 283 000	1 880 000
Total Current Debt	1 843 000	3 027 000	1 731 000	4 506 000
Total Equity and Debt	6 199 000	8 500 000	6 569 000	9 648 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,64 %	22,86 %	−6,3 %	30,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−21,57 %	18,17 %	−15,96 %	17,72 %
Current Ratio	3,34	2,77	3,72	2,11
Quick Ratio	3,34	2,77	3,72	2,11
Equity Ratio	0,7	0,64	0,74	0,53
Gross Profit Margin	89,77 %	91,36 %	89,21 %	89,76 %