STING MARINE AS

5956 HUNDVIN

Finances

Share Ownership

Return on Equity

231,71 %

Current Ratio

1,1

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 321 000	0	230 000	118 000
Net Income	475 000	−10 000	222 000	100 000
Total Assets	1 320 000	314 000	419 000	119 000
Total Equity	205 000	−270 000	−260 000	−482 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 321 000	0	230 000	118 000
Expenditure	834 000	12 000	14 000	18 000
Operating Profit	486 000	−12 000	217 000	100 000
Financial Income	1 000	2 000	5 000	0
Financial Costs	10 000	0	0	0
Financial Balance	−9 000	2 000	5 000	0
Earnings Before Tax	477 000	−10 000	222 000	100 000
Tax	2 000	0	0	0
Net Income	475 000	−10 000	222 000	100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	0	0	0
Total Current Assets	1 220 000	314 000	419 000	119 000
Total Assets	1 320 000	314 000	419 000	119 000
Total Retained Equity	11 000	−464 000	−454 000	−676 000
Total Equity	205 000	−270 000	−260 000	−482 000
Total Long-Term Debt	2 000	0	0	0
Total Current Debt	1 112 000	583 000	679 000	601 000
Total Equity and Debt	1 320 000	314 000	419 000	119 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 321 000	0	230 000	118 000
Other Income	0	0	0	0
Revenue	1 321 000	0	230 000	118 000
Cost of Goods Sold	0	0	0	0
Salary Costs	808 000	0	1 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	834 000	12 000	14 000	18 000
Operating Profit	486 000	−12 000	217 000	100 000
Financial Income	1 000	2 000	5 000	0
Financial Costs	10 000	0	0	0
Financial Balance	−9 000	2 000	5 000	0
Dividends	0	0	0	0
Net Income	475 000	−10 000	222 000	100 000

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	100 000	0	0	0
Total Fixed Assets	100 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 220 000	312 000	183 000	1 000
Total Current Assets	1 220 000	314 000	419 000	119 000
Total Assets	1 320 000	314 000	419 000	119 000
Total Equity	205 000	−270 000	−260 000	−482 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	0	0	0
Creditors	4 000	0	12 000	4 000
Unpaid Taxes	440 000	0	84 000	0
Dividends	0	0	0	0
Other Current Debt	668 000	583 000	583 000	597 000
Total Current Debt	1 112 000	583 000	679 000	601 000
Total Equity and Debt	1 320 000	314 000	419 000	119 000

Financial indicators	2022	2021	2020	2019
Return on Equity	231,71 %	3,7 %	−85,38 %	−20,75 %
Debt-to-Equity Ratio	0,01	−0	−0	−0
Operating Profit Margin	36,79 %	-	94,35 %	84,75 %
Current Ratio	1,1	0,54	0,62	0,2
Quick Ratio	1,1	0,54	0,62	0,2
Equity Ratio	0,16	−0,86	−0,62	−4,05
Gross Profit Margin	100 %	-	100 %	100 %