SYBUTIKKEN STING FOR STING AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

20,24 %

Current Ratio

3,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 691 000	4 728 000	4 501 000	3 733 000
Net Income	233 000	161 000	294 000	94 000
Total Assets	1 673 000	1 697 000	1 608 000	1 217 000
Total Equity	1 151 000	917 000	1 056 000	762 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 691 000	4 728 000	4 501 000	3 733 000
Expenditure	4 389 000	4 520 000	4 121 000	3 611 000
Operating Profit	301 000	209 000	379 000	121 000
Financial Income	1 000	0	0	0
Financial Costs	3 000	2 000	2 000	1 000
Financial Balance	−2 000	−2 000	−2 000	−1 000
Earnings Before Tax	299 000	207 000	377 000	120 000
Tax	66 000	45 000	83 000	26 000
Net Income	233 000	161 000	294 000	94 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	5 000	10 000	14 000
Total Current Assets	1 672 000	1 692 000	1 598 000	1 203 000
Total Assets	1 673 000	1 697 000	1 608 000	1 217 000
Total Retained Equity	1 117 000	884 000	1 022 000	728 000
Total Equity	1 151 000	917 000	1 056 000	762 000
Total Long-Term Debt	0	1 000	2 000	1 000
Total Current Debt	522 000	778 000	549 000	454 000
Total Equity and Debt	1 673 000	1 697 000	1 608 000	1 217 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 691 000	4 728 000	4 501 000	3 733 000
Other Income	0	0	0	0
Revenue	4 691 000	4 728 000	4 501 000	3 733 000
Cost of Goods Sold	2 372 000	2 435 000	2 281 000	1 813 000
Salary Costs	1 470 000	1 519 000	1 287 000	1 240 000
Depreciation	5 000	5 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	4 389 000	4 520 000	4 121 000	3 611 000
Operating Profit	301 000	209 000	379 000	121 000
Financial Income	1 000	0	0	0
Financial Costs	3 000	2 000	2 000	1 000
Financial Balance	−2 000	−2 000	−2 000	−1 000
Dividends	0	300 000	0	0
Net Income	233 000	161 000	294 000	94 000

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	0	0	0	0
Fixtures	1 000	5 000	10 000	14 000
Total Tangible Assets	1 000	5 000	10 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 000	5 000	10 000	14 000
Stock	1 082 000	950 000	825 000	752 000
Total Investments	0	0	0	0
Cash, Bank	540 000	738 000	757 000	444 000
Total Current Assets	1 672 000	1 692 000	1 598 000	1 203 000
Total Assets	1 673 000	1 697 000	1 608 000	1 217 000
Total Equity	1 151 000	917 000	1 056 000	762 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	2 000	1 000
Creditors	104 000	67 000	132 000	107 000
Unpaid Taxes	198 000	214 000	201 000	199 000
Dividends	0	300 000	0	0
Other Current Debt	153 000	151 000	134 000	123 000
Total Current Debt	522 000	778 000	549 000	454 000
Total Equity and Debt	1 673 000	1 697 000	1 608 000	1 217 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,24 %	17,56 %	27,84 %	12,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,42 %	4,42 %	8,42 %	3,24 %
Current Ratio	3,2	2,17	2,91	2,65
Quick Ratio	−2,99	−9,84	−5,79	−4,04
Equity Ratio	0,69	0,54	0,66	0,63
Gross Profit Margin	49,44 %	48,5 %	49,32 %	51,43 %