MS STEIGEN AS

7900 RØRVIK

Finances

Share Ownership

Return on Equity

12,74 %

Current Ratio

4,9

Debt-to-Equity Ratio

1,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 200 000	31 200 000	31 200 000	31 203 000
Net Income	12 872 000	14 493 000	13 539 000	12 201 000
Total Assets	276 173 000	319 058 000	324 332 000	320 187 000
Total Equity	101 044 000	133 172 000	118 679 000	108 141 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 200 000	31 200 000	31 200 000	31 203 000
Expenditure	12 858 000	13 144 000	13 351 000	12 929 000
Operating Profit	18 341 000	18 055 000	17 850 000	18 274 000
Financial Income	1 772 000	997 000	850 000	831 000
Financial Costs	7 239 000	4 556 000	5 158 000	6 898 000
Financial Balance	−5 467 000	−3 559 000	−4 308 000	−6 067 000
Earnings Before Tax	12 875 000	14 496 000	13 542 000	12 208 000
Tax	3 000	3 000	3 000	7 000
Net Income	12 872 000	14 493 000	13 539 000	12 201 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	258 682 000	267 830 000	277 317 000	286 138 000
Total Current Assets	17 491 000	51 228 000	47 015 000	34 049 000
Total Assets	276 173 000	319 058 000	324 332 000	320 187 000
Total Retained Equity	49 027 000	81 155 000	66 663 000	56 124 000
Total Equity	101 044 000	133 172 000	118 679 000	108 141 000
Total Long-Term Debt	171 563 000	183 000 000	199 771 000	205 875 000
Total Current Debt	3 566 000	2 886 000	5 882 000	6 172 000
Total Equity and Debt	276 173 000	319 058 000	324 332 000	320 187 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 200 000	31 200 000	31 200 000	31 203 000
Other Income	0	0	0	0
Revenue	31 200 000	31 200 000	31 200 000	31 203 000
Cost of Goods Sold	0	15 000	0	3 000
Salary Costs	0	108 000	158 000	158 000
Depreciation	10 134 000	10 645 000	10 480 000	10 315 000
Impairment	0	0	0	0
Expenditure	12 858 000	13 144 000	13 351 000	12 929 000
Operating Profit	18 341 000	18 055 000	17 850 000	18 274 000
Financial Income	1 772 000	997 000	850 000	831 000
Financial Costs	7 239 000	4 556 000	5 158 000	6 898 000
Financial Balance	−5 467 000	−3 559 000	−4 308 000	−6 067 000
Dividends	0	0	3 000 000	0
Net Income	12 872 000	14 493 000	13 539 000	12 201 000

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	258 682 000	267 830 000	277 317 000	286 138 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	258 682 000	267 830 000	277 317 000	286 138 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 545 000	13 899 000	10 414 000	30 600 000
Total Current Assets	17 491 000	51 228 000	47 015 000	34 049 000
Total Assets	276 173 000	319 058 000	324 332 000	320 187 000
Total Equity	101 044 000	133 172 000	118 679 000	108 141 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	171 563 000	183 000 000	199 771 000	205 875 000
Creditors	231 000	623 000	525 000	221 000
Unpaid Taxes	1 214 000	1 097 000	1 159 000	1 203 000
Dividends	0	0	3 000 000	0
Other Current Debt	2 117 000	1 165 000	4 194 000	4 744 000
Total Current Debt	3 566 000	2 886 000	5 882 000	6 172 000
Total Equity and Debt	276 173 000	319 058 000	324 332 000	320 187 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,74 %	10,88 %	11,41 %	11,28 %
Debt-to-Equity Ratio	1,7	1,37	1,68	1,9
Operating Profit Margin	58,79 %	57,87 %	57,21 %	58,56 %
Current Ratio	4,9	17,75	7,99	5,52
Quick Ratio	4,9	17,75	7,99	5,52
Equity Ratio	0,37	0,42	0,37	0,34
Gross Profit Margin	100 %	99,95 %	100 %	99,99 %