STETINN AS

2000 LILLESTRØM

Finances

Return on Equity

−60,4 %

Current Ratio

3,73

Debt-to-Equity Ratio

1,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	398 000	470 000	400 000	381 000
Net Income	−610 000	207 000	342 000	272 000
Total Assets	3 108 000	3 125 000	2 276 000	1 443 000
Total Equity	1 010 000	1 720 000	1 513 000	1 172 000

Income (NOK)	2022	2021	2020	2019
Revenue	398 000	470 000	400 000	381 000
Expenditure	47 000	37 000	71 000	190 000
Operating Profit	350 000	433 000	329 000	191 000
Financial Income	41 000	40 000	41 000	111 000
Financial Costs	946 000	172 000	8 000	0
Financial Balance	−905 000	−132 000	33 000	111 000
Earnings Before Tax	−555 000	301 000	363 000	301 000
Tax	55 000	94 000	21 000	30 000
Net Income	−610 000	207 000	342 000	272 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 467 000	2 768 000	2 267 000	1 329 000
Total Current Assets	641 000	358 000	9 000	114 000
Total Assets	3 108 000	3 125 000	2 276 000	1 443 000
Total Retained Equity	10 000	720 000	513 000	172 000
Total Equity	1 010 000	1 720 000	1 513 000	1 172 000
Total Long-Term Debt	1 925 000	1 234 000	676 000	228 000
Total Current Debt	172 000	171 000	87 000	44 000
Total Equity and Debt	3 108 000	3 125 000	2 276 000	1 443 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	398 000	470 000	400 000	381 000
Other Income	0	0	0	0
Revenue	398 000	470 000	400 000	381 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	41 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	47 000	37 000	71 000	190 000
Operating Profit	350 000	433 000	329 000	191 000
Financial Income	41 000	40 000	41 000	111 000
Financial Costs	946 000	172 000	8 000	0
Financial Balance	−905 000	−132 000	33 000	111 000
Dividends	0	0	0	0
Net Income	−610 000	207 000	342 000	272 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 467 000	2 768 000	2 267 000	1 329 000
Total Fixed Assets	2 467 000	2 768 000	2 267 000	1 329 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	299 000	15 000	4 000	13 000
Total Current Assets	641 000	358 000	9 000	114 000
Total Assets	3 108 000	3 125 000	2 276 000	1 443 000
Total Equity	1 010 000	1 720 000	1 513 000	1 172 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 925 000	1 234 000	676 000	228 000
Creditors	4 000	9 000	5 000	0
Unpaid Taxes	0	68 000	0	1 000
Dividends	0	0	0	0
Other Current Debt	114 000	1 000	0	4 000
Total Current Debt	172 000	171 000	87 000	44 000
Total Equity and Debt	3 108 000	3 125 000	2 276 000	1 443 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−60,4 %	12,03 %	22,6 %	23,21 %
Debt-to-Equity Ratio	1,91	0,72	0,45	0,19
Operating Profit Margin	87,94 %	92,13 %	82,25 %	50,13 %
Current Ratio	3,73	2,09	0,1	2,59
Quick Ratio	3,73	2,09	0,1	2,59
Equity Ratio	0,32	0,55	0,66	0,81
Gross Profit Margin	100 %	100 %	100 %	100 %