STORELVA UTVIKLING AS

1615 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

408,72 %

Current Ratio

1,71

Debt-to-Equity Ratio

18,02

Key figures (NOK)	2022	2021	2020
Revenue	2 026 000	198 000	121 000
Net Income	703 000	−291 000	−350 000
Total Assets	3 817 000	3 035 000	3 111 000
Total Equity	172 000	−531 000	−240 000

Income (NOK)	2022	2021	2020
Revenue	2 026 000	198 000	121 000
Expenditure	1 149 000	363 000	361 000
Operating Profit	877 000	−165 000	−240 000
Financial Income	0	0	0
Financial Costs	143 000	126 000	110 000
Financial Balance	−143 000	−126 000	−110 000
Earnings Before Tax	734 000	−291 000	−350 000
Tax	32 000	0	0
Net Income	703 000	−291 000	−350 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 884 000	2 950 000	3 015 000
Total Current Assets	933 000	86 000	96 000
Total Assets	3 817 000	3 035 000	3 111 000
Total Retained Equity	112 000	−591 000	−300 000
Total Equity	172 000	−531 000	−240 000
Total Long-Term Debt	3 099 000	3 115 000	3 153 000
Total Current Debt	546 000	451 000	198 000
Total Equity and Debt	3 817 000	3 035 000	3 111 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	2 026 000	198 000	121 000
Revenue	2 026 000	198 000	121 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	66 000	66 000	65 000
Impairment	0	0	0
Expenditure	1 149 000	363 000	361 000
Operating Profit	877 000	−165 000	−240 000
Financial Income	0	0	0
Financial Costs	143 000	126 000	110 000
Financial Balance	−143 000	−126 000	−110 000
Dividends	0	0	0
Net Income	703 000	−291 000	−350 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	2 884 000	2 950 000	3 015 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	2 884 000	2 950 000	3 015 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	2 884 000	2 950 000	3 015 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	206 000	86 000	46 000
Total Current Assets	933 000	86 000	96 000
Total Assets	3 817 000	3 035 000	3 111 000
Total Equity	172 000	−531 000	−240 000
Short-Term Group Debt	244 000	449 000	0
Total Long-Term Debt	3 099 000	3 115 000	3 153 000
Creditors	142 000	2 000	50 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	148 000	0	148 000
Total Current Debt	546 000	451 000	198 000
Total Equity and Debt	3 817 000	3 035 000	3 111 000

Financial indicators	2022	2021	2020
Return on Equity	408,72 %	54,8 %	145,83 %
Debt-to-Equity Ratio	18,02	−5,87	−13,14
Operating Profit Margin	43,29 %	−83,33 %	−198,35 %
Current Ratio	1,71	0,19	0,48
Quick Ratio	1,71	0,19	0,48
Equity Ratio	0,05	−0,17	−0,08
Gross Profit Margin	100 %	100 %	100 %