KARSTEN S STRØMØ AS

5590 ETNE

Finances

Return on Equity

1,31 %

Current Ratio

5,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 000	285 000	246 000	260 000
Net Income	134 000	712 000	236 000	23 000
Total Assets	12 024 000	12 861 000	14 780 000	15 120 000
Total Equity	10 231 000	11 697 000	11 985 000	12 749 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 000	285 000	246 000	260 000
Expenditure	117 000	197 000	452 000	396 000
Operating Profit	−63 000	89 000	−205 000	−136 000
Financial Income	606 000	753 000	505 000	210 000
Financial Costs	292 000	14 000	57 000	71 000
Financial Balance	314 000	739 000	448 000	139 000
Earnings Before Tax	251 000	828 000	243 000	2 000
Tax	117 000	116 000	7 000	−21 000
Net Income	134 000	712 000	236 000	23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 040 000	3 010 000	6 288 000	5 687 000
Total Current Assets	8 984 000	9 851 000	8 492 000	9 433 000
Total Assets	12 024 000	12 861 000	14 780 000	15 120 000
Total Retained Equity	10 201 000	11 667 000	11 955 000	12 719 000
Total Equity	10 231 000	11 697 000	11 985 000	12 749 000
Total Long-Term Debt	44 000	55 000	1 734 000	1 923 000
Total Current Debt	1 749 000	1 109 000	1 061 000	447 000
Total Equity and Debt	12 024 000	12 861 000	14 780 000	15 120 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	55 000	285 000	246 000	260 000
Revenue	55 000	285 000	246 000	260 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	8 000	0	149 000	138 000
Impairment	0	0	0	0
Expenditure	117 000	197 000	452 000	396 000
Operating Profit	−63 000	89 000	−205 000	−136 000
Financial Income	606 000	753 000	505 000	210 000
Financial Costs	292 000	14 000	57 000	71 000
Financial Balance	314 000	739 000	448 000	139 000
Dividends	1 600 000	1 000 000	1 000 000	400 000
Net Income	134 000	712 000	236 000	23 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	913 000	913 000	4 108 000	4 149 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	0	83 000	191 000
Total Tangible Assets	943 000	913 000	4 191 000	4 340 000
Total Fiancial Fixed Assets	2 097 000	2 097 000	2 097 000	1 347 000
Total Fixed Assets	3 040 000	3 010 000	6 288 000	5 687 000
Stock	0	0	0	0
Total Investments	7 918 000	7 731 000	7 367 000	6 547 000
Cash, Bank	1 057 000	2 113 000	1 118 000	2 128 000
Total Current Assets	8 984 000	9 851 000	8 492 000	9 433 000
Total Assets	12 024 000	12 861 000	14 780 000	15 120 000
Total Equity	10 231 000	11 697 000	11 985 000	12 749 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	44 000	55 000	1 734 000	1 923 000
Creditors	3 000	9 000	0	14 000
Unpaid Taxes	0	0	0	0
Dividends	1 600 000	1 000 000	1 000 000	400 000
Other Current Debt	17 000	1 007 000	12 000	13 000
Total Current Debt	1 749 000	1 109 000	1 061 000	447 000
Total Equity and Debt	12 024 000	12 861 000	14 780 000	15 120 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,31 %	6,09 %	1,97 %	0,18 %
Debt-to-Equity Ratio	0	0	0,14	0,15
Operating Profit Margin	−114,55 %	31,23 %	−83,33 %	−52,31 %
Current Ratio	5,14	8,88	8	21,1
Quick Ratio	5,14	8,88	8	21,1
Equity Ratio	0,85	0,91	0,81	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %