STRØMMEN TREND JEWELLERY & WATCHES AS

3292 STAVERN

Finances

Share Ownership

Return on Equity

−52,5 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 011 000	12 027 000	6 782 000	3 030 000
Net Income	−409 000	728 000	1 259 000	232 000
Total Assets	4 909 000	5 880 000	4 256 000	988 000
Total Equity	779 000	2 243 000	1 515 000	256 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 011 000	12 027 000	6 782 000	3 030 000
Expenditure	10 402 000	11 092 000	5 160 000	2 704 000
Operating Profit	−391 000	935 000	1 622 000	326 000
Financial Income	41 000	32 000	30 000	2 000
Financial Costs	62 000	34 000	35 000	31 000
Financial Balance	−21 000	−2 000	−5 000	−29 000
Earnings Before Tax	−411 000	933 000	1 616 000	296 000
Tax	−2 000	205 000	357 000	65 000
Net Income	−409 000	728 000	1 259 000	232 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 000	43 000	0	0
Total Current Assets	4 828 000	5 837 000	4 256 000	988 000
Total Assets	4 909 000	5 880 000	4 256 000	988 000
Total Retained Equity	749 000	2 213 000	1 485 000	226 000
Total Equity	779 000	2 243 000	1 515 000	256 000
Total Long-Term Debt	22 000	293 000	0	2 000
Total Current Debt	4 108 000	3 344 000	2 741 000	729 000
Total Equity and Debt	4 909 000	5 880 000	4 256 000	988 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 937 000	12 027 000	6 755 000	2 925 000
Other Income	74 000	0	27 000	104 000
Revenue	10 011 000	12 027 000	6 782 000	3 030 000
Cost of Goods Sold	5 323 000	6 891 000	1 842 000	1 468 000
Salary Costs	2 540 000	2 093 000	1 577 000	596 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 402 000	11 092 000	5 160 000	2 704 000
Operating Profit	−391 000	935 000	1 622 000	326 000
Financial Income	41 000	32 000	30 000	2 000
Financial Costs	62 000	34 000	35 000	31 000
Financial Balance	−21 000	−2 000	−5 000	−29 000
Dividends	0	0	0	0
Net Income	−409 000	728 000	1 259 000	232 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	81 000	43 000	0	0
Total Fixed Assets	81 000	43 000	0	0
Stock	3 496 000	3 798 000	3 311 000	249 000
Total Investments	0	0	0	0
Cash, Bank	426 000	480 000	25 000	37 000
Total Current Assets	4 828 000	5 837 000	4 256 000	988 000
Total Assets	4 909 000	5 880 000	4 256 000	988 000
Total Equity	779 000	2 243 000	1 515 000	256 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 000	293 000	0	2 000
Creditors	1 771 000	1 509 000	1 468 000	211 000
Unpaid Taxes	895 000	705 000	741 000	364 000
Dividends	0	0	0	0
Other Current Debt	1 442 000	927 000	173 000	91 000
Total Current Debt	4 108 000	3 344 000	2 741 000	729 000
Total Equity and Debt	4 909 000	5 880 000	4 256 000	988 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−52,5 %	32,46 %	83,1 %	90,63 %
Debt-to-Equity Ratio	0,03	0,13	0	0,01
Operating Profit Margin	−3,91 %	7,77 %	23,92 %	10,76 %
Current Ratio	1,18	1,75	1,55	1,36
Quick Ratio	7,89	−12,86	−7,47	2,06
Equity Ratio	0,16	0,38	0,36	0,26
Gross Profit Margin	46,83 %	42,7 %	72,84 %	51,55 %