STRØMME SERVICE AS

5347 ÅGOTNES

Finances

Share Ownership

Return on Equity

534,02 %

Current Ratio

0,66

Debt-to-Equity Ratio

−0,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 644 000	5 002 000	6 642 000	6 727 000
Net Income	−1 036 000	−623 000	272 000	300 000
Total Assets	1 143 000	2 443 000	3 255 000	2 856 000
Total Equity	−194 000	842 000	1 465 000	1 194 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 644 000	5 002 000	6 642 000	6 727 000
Expenditure	3 611 000	5 592 000	6 271 000	6 314 000
Operating Profit	−967 000	−589 000	371 000	412 000
Financial Income	2 000	2 000	3 000	2 000
Financial Costs	71 000	36 000	45 000	62 000
Financial Balance	−69 000	−34 000	−42 000	−60 000
Earnings Before Tax	−1 036 000	−623 000	329 000	352 000
Tax	0	0	58 000	52 000
Net Income	−1 036 000	−623 000	272 000	300 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	349 000	946 000	1 466 000	1 792 000
Total Current Assets	794 000	1 497 000	1 789 000	1 064 000
Total Assets	1 143 000	2 443 000	3 255 000	2 856 000
Total Retained Equity	−966 000	70 000	693 000	422 000
Total Equity	−194 000	842 000	1 465 000	1 194 000
Total Long-Term Debt	131 000	345 000	549 000	741 000
Total Current Debt	1 206 000	1 256 000	1 242 000	921 000
Total Equity and Debt	1 143 000	2 443 000	3 255 000	2 856 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 614 000	5 002 000	6 448 000	6 363 000
Other Income	30 000	0	194 000	364 000
Revenue	2 644 000	5 002 000	6 642 000	6 727 000
Cost of Goods Sold	506 000	2 162 000	2 135 000	2 384 000
Salary Costs	2 047 000	2 205 000	2 478 000	1 974 000
Depreciation	597 000	626 000	662 000	626 000
Impairment	0	0	0	0
Expenditure	3 611 000	5 592 000	6 271 000	6 314 000
Operating Profit	−967 000	−589 000	371 000	412 000
Financial Income	2 000	2 000	3 000	2 000
Financial Costs	71 000	36 000	45 000	62 000
Financial Balance	−69 000	−34 000	−42 000	−60 000
Dividends	0	0	0	0
Net Income	−1 036 000	−623 000	272 000	300 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	349 000	946 000	1 437 000	1 677 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	20 000	80 000
Fixtures	0	0	9 000	36 000
Total Tangible Assets	0	0	29 000	116 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	349 000	946 000	1 466 000	1 792 000
Stock	269 000	352 000	327 000	435 000
Total Investments	0	0	0	0
Cash, Bank	36 000	106 000	83 000	77 000
Total Current Assets	794 000	1 497 000	1 789 000	1 064 000
Total Assets	1 143 000	2 443 000	3 255 000	2 856 000
Total Equity	−194 000	842 000	1 465 000	1 194 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	131 000	345 000	549 000	741 000
Creditors	95 000	138 000	274 000	152 000
Unpaid Taxes	404 000	461 000	520 000	257 000
Dividends	0	0	0	0
Other Current Debt	215 000	242 000	297 000	250 000
Total Current Debt	1 206 000	1 256 000	1 242 000	921 000
Total Equity and Debt	1 143 000	2 443 000	3 255 000	2 856 000

Financial indicators	2022	2021	2020	2019
Return on Equity	534,02 %	−73,99 %	18,57 %	25,13 %
Debt-to-Equity Ratio	−0,68	0,41	0,37	0,62
Operating Profit Margin	−36,57 %	−11,78 %	5,59 %	6,12 %
Current Ratio	0,66	1,19	1,44	1,16
Quick Ratio	0,85	1,66	1,96	2,19
Equity Ratio	−0,17	0,34	0,45	0,42
Gross Profit Margin	80,86 %	56,78 %	67,86 %	64,56 %