STORENGA AS

2092 MINNESUND

Finances

Share Ownership

Return on Equity

26,42 %

Current Ratio

8,61

Debt-to-Equity Ratio

1,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 267 000	686 000	661 000	601 000
Net Income	167 000	104 000	−198 000	32 000
Total Assets	1 945 000	1 129 000	1 088 000	1 211 000
Total Equity	632 000	465 000	361 000	560 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 267 000	686 000	661 000	601 000
Expenditure	1 033 000	582 000	859 000	570 000
Operating Profit	233 000	104 000	−198 000	31 000
Financial Income	0	0	0	0
Financial Costs	39 000	0	0	0
Financial Balance	−39 000	0	0	0
Earnings Before Tax	195 000	104 000	−198 000	32 000
Tax	28 000	0	0	0
Net Income	167 000	104 000	−198 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 101 000	780 000	652 000	707 000
Total Current Assets	844 000	349 000	435 000	504 000
Total Assets	1 945 000	1 129 000	1 088 000	1 211 000
Total Retained Equity	602 000	435 000	331 000	530 000
Total Equity	632 000	465 000	361 000	560 000
Total Long-Term Debt	1 215 000	0	0	0
Total Current Debt	98 000	663 000	726 000	651 000
Total Equity and Debt	1 945 000	1 129 000	1 088 000	1 211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	994 000	444 000	466 000	263 000
Other Income	274 000	242 000	195 000	338 000
Revenue	1 267 000	686 000	661 000	601 000
Cost of Goods Sold	49 000	11 000	0	0
Salary Costs	0	0	63 000	38 000
Depreciation	79 000	74 000	79 000	57 000
Impairment	0	0	0	0
Expenditure	1 033 000	582 000	859 000	570 000
Operating Profit	233 000	104 000	−198 000	31 000
Financial Income	0	0	0	0
Financial Costs	39 000	0	0	0
Financial Balance	−39 000	0	0	0
Dividends	0	0	0	0
Net Income	167 000	104 000	−198 000	32 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 078 000	733 000	556 000	541 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	47 000	96 000	166 000
Total Tangible Assets	1 101 000	780 000	652 000	707 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 101 000	780 000	652 000	707 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	699 000	294 000	344 000	470 000
Total Current Assets	844 000	349 000	435 000	504 000
Total Assets	1 945 000	1 129 000	1 088 000	1 211 000
Total Equity	632 000	465 000	361 000	560 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 215 000	0	0	0
Creditors	34 000	21 000	52 000	3 000
Unpaid Taxes	0	2 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	36 000	641 000	673 000	648 000
Total Current Debt	98 000	663 000	726 000	651 000
Total Equity and Debt	1 945 000	1 129 000	1 088 000	1 211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,42 %	22,37 %	−54,85 %	5,71 %
Debt-to-Equity Ratio	1,92	0	0	0
Operating Profit Margin	18,39 %	15,16 %	−29,95 %	5,16 %
Current Ratio	8,61	0,53	0,6	0,77
Quick Ratio	8,61	0,53	0,6	0,77
Equity Ratio	0,32	0,41	0,33	0,46
Gross Profit Margin	96,13 %	98,4 %	100 %	100 %