STORØYA II BORETTSLAG

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

10,82 %

Current Ratio

33,1

Debt-to-Equity Ratio

2,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	949 000	921 000	883 000	876 000
Net Income	279 000	312 000	−152 000	222 000
Total Assets	10 076 000	8 443 000	8 335 000	8 781 000
Total Equity	2 578 000	2 298 000	1 987 000	2 138 000

Income (NOK)	2022	2021	2020	2019
Revenue	949 000	921 000	883 000	876 000
Expenditure	518 000	512 000	913 000	499 000
Operating Profit	431 000	406 000	−30 000	377 000
Financial Income	22 000	1 000	3 000	8 000
Financial Costs	173 000	95 000	125 000	163 000
Financial Balance	−151 000	−94 000	−122 000	−155 000
Earnings Before Tax	279 000	314 000	−152 000	222 000
Tax	0	0	0	0
Net Income	279 000	312 000	−152 000	222 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 759 000	7 759 000	7 759 000	7 759 000
Total Current Assets	2 317 000	684 000	577 000	1 022 000
Total Assets	10 076 000	8 443 000	8 335 000	8 781 000
Total Retained Equity	2 576 000	2 297 000	1 985 000	2 137 000
Total Equity	2 578 000	2 298 000	1 987 000	2 138 000
Total Long-Term Debt	7 428 000	6 086 000	6 297 000	6 495 000
Total Current Debt	70 000	58 000	51 000	148 000
Total Equity and Debt	10 076 000	8 443 000	8 335 000	8 781 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	949 000	921 000	883 000	876 000
Revenue	949 000	921 000	883 000	876 000
Cost of Goods Sold	0	0	0	0
Salary Costs	25 000	2 000	13 000	13 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	518 000	512 000	913 000	499 000
Operating Profit	431 000	406 000	−30 000	377 000
Financial Income	22 000	1 000	3 000	8 000
Financial Costs	173 000	95 000	125 000	163 000
Financial Balance	−151 000	−94 000	−122 000	−155 000
Dividends	0	0	0	0
Net Income	279 000	312 000	−152 000	222 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 759 000	7 759 000	7 759 000	7 759 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 759 000	7 759 000	7 759 000	7 759 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 759 000	7 759 000	7 759 000	7 759 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 266 000	638 000	534 000	895 000
Total Current Assets	2 317 000	684 000	577 000	1 022 000
Total Assets	10 076 000	8 443 000	8 335 000	8 781 000
Total Equity	2 578 000	2 298 000	1 987 000	2 138 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 428 000	6 086 000	6 297 000	6 495 000
Creditors	59 000	57 000	44 000	66 000
Unpaid Taxes	9 000	0	5 000	0
Dividends	0	0	0	0
Other Current Debt	2 000	2 000	1 000	81 000
Total Current Debt	70 000	58 000	51 000	148 000
Total Equity and Debt	10 076 000	8 443 000	8 335 000	8 781 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,82 %	13,58 %	−7,65 %	10,38 %
Debt-to-Equity Ratio	2,88	2,65	3,17	3,04
Operating Profit Margin	45,42 %	44,08 %	−3,4 %	43,04 %
Current Ratio	33,1	11,79	11,31	6,91
Quick Ratio	33,1	11,79	11,31	6,91
Equity Ratio	0,26	0,27	0,24	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %