STARO TECH AS

6900 FLORØ

Finances

Return on Equity

14,03 %

Current Ratio

3,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 474 000	5 784 000	8 368 000	7 509 000
Net Income	680 000	786 000	1 160 000	1 188 000
Total Assets	5 613 000	5 900 000	6 033 000	5 000 000
Total Equity	4 846 000	4 166 000	4 380 000	3 220 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 474 000	5 784 000	8 368 000	7 509 000
Expenditure	5 581 000	4 792 000	6 853 000	5 998 000
Operating Profit	893 000	992 000	1 515 000	1 511 000
Financial Income	1 000	0	−2 000	0
Financial Costs	19 000	16 000	19 000	27 000
Financial Balance	−18 000	−16 000	−21 000	−27 000
Earnings Before Tax	875 000	976 000	1 494 000	1 485 000
Tax	195 000	189 000	334 000	296 000
Net Income	680 000	786 000	1 160 000	1 188 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 590 000	2 703 000	2 849 000	2 807 000
Total Current Assets	3 022 000	3 197 000	3 183 000	2 193 000
Total Assets	5 613 000	5 900 000	6 033 000	5 000 000
Total Retained Equity	4 046 000	3 366 000	3 580 000	2 420 000
Total Equity	4 846 000	4 166 000	4 380 000	3 220 000
Total Long-Term Debt	0	0	17 000	217 000
Total Current Debt	767 000	1 735 000	1 637 000	1 563 000
Total Equity and Debt	5 613 000	5 900 000	6 033 000	5 000 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 474 000	5 784 000	8 368 000	7 509 000
Other Income	0	0	0	0
Revenue	6 474 000	5 784 000	8 368 000	7 509 000
Cost of Goods Sold	2 159 000	1 843 000	2 963 000	2 103 000
Salary Costs	2 183 000	1 804 000	2 392 000	2 780 000
Depreciation	151 000	146 000	132 000	76 000
Impairment	0	0	0	0
Expenditure	5 581 000	4 792 000	6 853 000	5 998 000
Operating Profit	893 000	992 000	1 515 000	1 511 000
Financial Income	1 000	0	−2 000	0
Financial Costs	19 000	16 000	19 000	27 000
Financial Balance	−18 000	−16 000	−21 000	−27 000
Dividends	0	0	0	0
Net Income	680 000	786 000	1 160 000	1 188 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	278 000	391 000	537 000	495 000
Fixtures	0	0	0	0
Total Tangible Assets	278 000	391 000	537 000	495 000
Total Fiancial Fixed Assets	2 313 000	2 313 000	2 313 000	2 313 000
Total Fixed Assets	2 590 000	2 703 000	2 849 000	2 807 000
Stock	323 000	247 000	202 000	0
Total Investments	0	0	0	0
Cash, Bank	1 779 000	1 773 000	425 000	371 000
Total Current Assets	3 022 000	3 197 000	3 183 000	2 193 000
Total Assets	5 613 000	5 900 000	6 033 000	5 000 000
Total Equity	4 846 000	4 166 000	4 380 000	3 220 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	17 000	217 000
Creditors	220 000	249 000	685 000	663 000
Unpaid Taxes	125 000	121 000	168 000	187 000
Dividends	0	0	0	0
Other Current Debt	228 000	1 176 000	450 000	417 000
Total Current Debt	767 000	1 735 000	1 637 000	1 563 000
Total Equity and Debt	5 613 000	5 900 000	6 033 000	5 000 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,03 %	18,87 %	26,48 %	36,89 %
Debt-to-Equity Ratio	0	0	0	0,07
Operating Profit Margin	13,79 %	17,15 %	18,1 %	20,12 %
Current Ratio	3,94	1,84	1,94	1,4
Quick Ratio	6,81	2,15	2,22	1,4
Equity Ratio	0,86	0,71	0,73	0,64
Gross Profit Margin	66,65 %	68,14 %	64,59 %	71,99 %