STATLAND MEK. & MARINE AS

7777 NORD-STATLAND

Finances

Return on Equity

−38,35 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 018 000	2 769 000	2 116 000	1 652 000
Net Income	−130 000	163 000	117 000	9 000
Total Assets	708 000	1 050 000	873 000	620 000
Total Equity	339 000	469 000	307 000	190 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 018 000	2 769 000	2 116 000	1 652 000
Expenditure	2 186 000	2 555 000	1 954 000	1 629 000
Operating Profit	−168 000	214 000	162 000	23 000
Financial Income	0	0	0	0
Financial Costs	−1 000	6 000	13 000	9 000
Financial Balance	1 000	−6 000	−13 000	−9 000
Earnings Before Tax	−167 000	208 000	150 000	13 000
Tax	−37 000	46 000	33 000	5 000
Net Income	−130 000	163 000	117 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	140 000	90 000	98 000	106 000
Total Current Assets	568 000	960 000	775 000	514 000
Total Assets	708 000	1 050 000	873 000	620 000
Total Retained Equity	144 000	274 000	112 000	−5 000
Total Equity	339 000	469 000	307 000	190 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	369 000	580 000	566 000	430 000
Total Equity and Debt	708 000	1 050 000	873 000	620 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 000 000	2 769 000	2 116 000	1 652 000
Other Income	18 000	0	0	0
Revenue	2 018 000	2 769 000	2 116 000	1 652 000
Cost of Goods Sold	498 000	537 000	354 000	252 000
Salary Costs	1 058 000	1 174 000	1 028 000	816 000
Depreciation	22 000	31 000	38 000	48 000
Impairment	0	0	0	0
Expenditure	2 186 000	2 555 000	1 954 000	1 629 000
Operating Profit	−168 000	214 000	162 000	23 000
Financial Income	0	0	0	0
Financial Costs	−1 000	6 000	13 000	9 000
Financial Balance	1 000	−6 000	−13 000	−9 000
Dividends	0	0	0	0
Net Income	−130 000	163 000	117 000	9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	49 000	12 000	15 000	38 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	82 000	68 000	73 000	59 000
Fixtures	0	0	0	0
Total Tangible Assets	82 000	68 000	73 000	59 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	140 000	90 000	98 000	106 000
Stock	91 000	60 000	59 000	56 000
Total Investments	0	0	0	0
Cash, Bank	307 000	485 000	244 000	124 000
Total Current Assets	568 000	960 000	775 000	514 000
Total Assets	708 000	1 050 000	873 000	620 000
Total Equity	339 000	469 000	307 000	190 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	23 000	78 000	148 000	93 000
Unpaid Taxes	102 000	199 000	121 000	117 000
Dividends	0	0	0	0
Other Current Debt	244 000	260 000	287 000	221 000
Total Current Debt	369 000	580 000	566 000	430 000
Total Equity and Debt	708 000	1 050 000	873 000	620 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−38,35 %	34,75 %	38,11 %	4,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−8,33 %	7,73 %	7,66 %	1,39 %
Current Ratio	1,54	1,66	1,37	1,2
Quick Ratio	2,04	1,85	1,53	1,37
Equity Ratio	0,48	0,45	0,35	0,31
Gross Profit Margin	75,32 %	80,61 %	83,27 %	84,75 %