STM ENGINEERING AS

5165 LAKSEVÅG

Finances

Return on Equity

−5,66 %

Current Ratio

2,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 341 000	1 683 000	1 517 000	1 854 000
Net Income	−85 000	31 000	274 000	482 000
Total Assets	1 906 000	2 399 000	2 609 000	2 976 000
Total Equity	1 503 000	2 037 000	1 996 000	1 955 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 341 000	1 683 000	1 517 000	1 854 000
Expenditure	1 416 000	1 666 000	1 548 000	1 785 000
Operating Profit	−75 000	17 000	−31 000	69 000
Financial Income	0	25 000	228 000	175 000
Financial Costs	10 000	10 000	−71 000	−255 000
Financial Balance	−10 000	15 000	299 000	430 000
Earnings Before Tax	−85 000	32 000	268 000	499 000
Tax	0	1 000	−5 000	17 000
Net Income	−85 000	31 000	274 000	482 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 025 000	1 026 000	1 034 000	1 425 000
Total Current Assets	881 000	1 373 000	1 575 000	1 552 000
Total Assets	1 906 000	2 399 000	2 609 000	2 976 000
Total Retained Equity	1 408 000	1 942 000	1 901 000	1 860 000
Total Equity	1 503 000	2 037 000	1 996 000	1 955 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	404 000	361 000	613 000	1 021 000
Total Equity and Debt	1 906 000	2 399 000	2 609 000	2 976 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 341 000	1 683 000	1 517 000	1 854 000
Other Income	0	0	0	0
Revenue	1 341 000	1 683 000	1 517 000	1 854 000
Cost of Goods Sold	93 000	89 000	6 000	218 000
Salary Costs	1 129 000	1 372 000	1 299 000	1 374 000
Depreciation	1 000	9 000	9 000	8 000
Impairment	0	0	0	0
Expenditure	1 416 000	1 666 000	1 548 000	1 785 000
Operating Profit	−75 000	17 000	−31 000	69 000
Financial Income	0	25 000	228 000	175 000
Financial Costs	10 000	10 000	−71 000	−255 000
Financial Balance	−10 000	15 000	299 000	430 000
Dividends	450 000	0	252 000	500 000
Net Income	−85 000	31 000	274 000	482 000

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	1 000	9 000	18 000
Total Tangible Assets	0	1 000	9 000	18 000
Total Fiancial Fixed Assets	1 025 000	1 025 000	1 025 000	1 407 000
Total Fixed Assets	1 025 000	1 026 000	1 034 000	1 425 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	652 000	1 021 000	1 081 000	935 000
Total Current Assets	881 000	1 373 000	1 575 000	1 552 000
Total Assets	1 906 000	2 399 000	2 609 000	2 976 000
Total Equity	1 503 000	2 037 000	1 996 000	1 955 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	126 000	14 000	24 000	57 000
Unpaid Taxes	140 000	163 000	164 000	125 000
Dividends	450 000	0	252 000	500 000
Other Current Debt	138 000	184 000	173 000	322 000
Total Current Debt	404 000	361 000	613 000	1 021 000
Total Equity and Debt	1 906 000	2 399 000	2 609 000	2 976 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,66 %	1,52 %	13,73 %	24,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,59 %	1,01 %	−2,04 %	3,72 %
Current Ratio	2,18	3,8	2,57	1,52
Quick Ratio	2,18	3,8	2,57	1,52
Equity Ratio	0,79	0,85	0,77	0,66
Gross Profit Margin	93,06 %	94,71 %	99,6 %	88,24 %