STEENCO AS

0274 OSLO

Finances

Return on Equity

92,8 %

Current Ratio

10,41

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	50 000	0	0	0
Net Income	87 411 000	−117 000	−7 484 000	−2 470 000
Total Assets	103 460 000	13 079 000	12 606 000	19 876 000
Total Equity	94 191 000	6 780 000	6 897 000	14 381 000

Income (NOK)	2021	2020	2019	2018
Revenue	50 000	0	0	0
Expenditure	24 000	193 000	21 000	29 000
Operating Profit	26 000	−193 000	−21 000	−29 000
Financial Income	87 424 000	146 000	4 000	29 000
Financial Costs	40 000	69 000	7 467 000	2 470 000
Financial Balance	87 384 000	77 000	−7 463 000	−2 441 000
Earnings Before Tax	87 411 000	−117 000	−7 484 000	−2 470 000
Tax	0	0	0	0
Net Income	87 411 000	−117 000	−7 484 000	−2 470 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	6 939 000	11 960 000	11 505 000	19 869 000
Total Current Assets	96 521 000	1 119 000	1 101 000	7 000
Total Assets	103 460 000	13 079 000	12 606 000	19 876 000
Total Retained Equity	78 005 000	−9 406 000	−9 289 000	−1 805 000
Total Equity	94 191 000	6 780 000	6 897 000	14 381 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 269 000	6 298 000	5 709 000	5 495 000
Total Equity and Debt	103 460 000	13 079 000	12 606 000	19 876 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	50 000	0	0	0
Revenue	50 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	171 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	24 000	193 000	21 000	29 000
Operating Profit	26 000	−193 000	−21 000	−29 000
Financial Income	87 424 000	146 000	4 000	29 000
Financial Costs	40 000	69 000	7 467 000	2 470 000
Financial Balance	87 384 000	77 000	−7 463 000	−2 441 000
Dividends	0	0	0	0
Net Income	87 411 000	−117 000	−7 484 000	−2 470 000

Balance details (NOK)	2021	2020	2019	2018
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	6 939 000	11 960 000	11 505 000	19 869 000
Total Fixed Assets	6 939 000	11 960 000	11 505 000	19 869 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 563 000	45 000	27 000	7 000
Total Current Assets	96 521 000	1 119 000	1 101 000	7 000
Total Assets	103 460 000	13 079 000	12 606 000	19 876 000
Total Equity	94 191 000	6 780 000	6 897 000	14 381 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 000	40 000	20 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 248 000	6 259 000	5 689 000	5 493 000
Total Current Debt	9 269 000	6 298 000	5 709 000	5 495 000
Total Equity and Debt	103 460 000	13 079 000	12 606 000	19 876 000

Financial indicators	2021	2020	2019	2018
Return on Equity	92,8 %	−1,73 %	−108,51 %	−17,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	52 %	-	-	-
Current Ratio	10,41	0,18	0,19	0
Quick Ratio	10,41	0,18	0,19	0
Equity Ratio	0,91	0,52	0,55	0,72
Gross Profit Margin	100 %	-	-	-