STUBBESERVICE AS

2056 ALGARHEIM

Finances

Share Ownership

Return on Equity

7,8 %

Current Ratio

2,28

Debt-to-Equity Ratio

1,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 228 000	18 739 000	17 332 000	13 402 000
Net Income	346 000	1 439 000	432 000	600 000
Total Assets	13 515 000	8 960 000	5 470 000	6 315 000
Total Equity	4 434 000	4 088 000	2 650 000	2 217 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 228 000	18 739 000	17 332 000	13 402 000
Expenditure	18 356 000	16 763 000	16 658 000	12 470 000
Operating Profit	872 000	1 977 000	674 000	932 000
Financial Income	50 000	83 000	70 000	78 000
Financial Costs	479 000	216 000	190 000	241 000
Financial Balance	−429 000	−133 000	−120 000	−163 000
Earnings Before Tax	443 000	1 844 000	554 000	770 000
Tax	98 000	406 000	122 000	170 000
Net Income	346 000	1 439 000	432 000	600 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 428 000	4 639 000	2 262 000	1 889 000
Total Current Assets	6 087 000	4 321 000	3 208 000	4 426 000
Total Assets	13 515 000	8 960 000	5 470 000	6 315 000
Total Retained Equity	4 333 000	3 987 000	2 549 000	2 116 000
Total Equity	4 434 000	4 088 000	2 650 000	2 217 000
Total Long-Term Debt	6 414 000	3 095 000	1 311 000	2 443 000
Total Current Debt	2 667 000	1 777 000	1 510 000	1 655 000
Total Equity and Debt	13 515 000	8 960 000	5 470 000	6 315 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 925 000	18 513 000	17 323 000	13 140 000
Other Income	304 000	227 000	9 000	262 000
Revenue	19 228 000	18 739 000	17 332 000	13 402 000
Cost of Goods Sold	13 459 000	12 765 000	12 862 000	8 779 000
Salary Costs	2 125 000	1 931 000	1 831 000	1 729 000
Depreciation	683 000	575 000	493 000	421 000
Impairment	0	0	0	0
Expenditure	18 356 000	16 763 000	16 658 000	12 470 000
Operating Profit	872 000	1 977 000	674 000	932 000
Financial Income	50 000	83 000	70 000	78 000
Financial Costs	479 000	216 000	190 000	241 000
Financial Balance	−429 000	−133 000	−120 000	−163 000
Dividends	0	0	0	0
Net Income	346 000	1 439 000	432 000	600 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 092 000	2 991 000	0	0
Machinery and Plant Facilities	1 374 000	1 051 000	1 189 000	1 304 000
Fixtures	739 000	598 000	779 000	291 000
Total Tangible Assets	7 205 000	4 639 000	1 968 000	1 595 000
Total Fiancial Fixed Assets	223 000	0	294 000	294 000
Total Fixed Assets	7 428 000	4 639 000	2 262 000	1 889 000
Stock	4 906 000	2 394 000	1 932 000	3 888 000
Total Investments	0	0	0	0
Cash, Bank	128 000	687 000	230 000	421 000
Total Current Assets	6 087 000	4 321 000	3 208 000	4 426 000
Total Assets	13 515 000	8 960 000	5 470 000	6 315 000
Total Equity	4 434 000	4 088 000	2 650 000	2 217 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 414 000	3 095 000	1 311 000	2 443 000
Creditors	191 000	101 000	430 000	799 000
Unpaid Taxes	1 072 000	1 137 000	772 000	578 000
Dividends	0	0	0	0
Other Current Debt	232 000	169 000	152 000	152 000
Total Current Debt	2 667 000	1 777 000	1 510 000	1 655 000
Total Equity and Debt	13 515 000	8 960 000	5 470 000	6 315 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,8 %	35,2 %	16,3 %	27,06 %
Debt-to-Equity Ratio	1,45	0,76	0,49	1,1
Operating Profit Margin	4,54 %	10,55 %	3,89 %	6,95 %
Current Ratio	2,28	2,43	2,12	2,67
Quick Ratio	−2,72	−7	−7,6	−1,98
Equity Ratio	0,33	0,46	0,48	0,35
Gross Profit Margin	30 %	31,88 %	25,79 %	34,49 %