Equipment in a ship, as presented on stage, etc. (5)
I believe the answer is:
skits
'presented on stage etc' is the definition.
I can't tell whether this definition defines the answer.
'equipment in a ship' is the wordplay.
'equipment' becomes 'kit' (kit is a kind of equipment).
'in' means one lot of letters goes inside another.
'a ship' becomes 'SS' (prefix in ship names eg SS Great Britain).
'kit' put within 'ss' is 'SKITS'.
'as' acts as a link.
Can you help me to learn more?
(Other definitions for skits that I've seen before include "Satires" , "Sketches" , "Pieces of humorous mimicry" , "Short satirical pieces of drama" .)