REDERI STORNES AS

7670 INDERØY

Finances

Share Ownership

Return on Equity

22,43 %

Current Ratio

1,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 902 000	42 378 000	39 995 000	38 746 000
Net Income	535 000	−115 000	−10 000	1 045 000
Total Assets	12 536 000	11 504 000	9 026 000	9 198 000
Total Equity	2 385 000	1 849 000	1 965 000	1 975 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 902 000	42 378 000	39 995 000	38 746 000
Expenditure	47 309 000	42 540 000	40 032 000	37 486 000
Operating Profit	594 000	−162 000	−35 000	1 261 000
Financial Income	101 000	25 000	45 000	82 000
Financial Costs	9 000	11 000	22 000	3 000
Financial Balance	92 000	14 000	23 000	79 000
Earnings Before Tax	686 000	−148 000	−12 000	1 340 000
Tax	151 000	−33 000	−2 000	295 000
Net Income	535 000	−115 000	−10 000	1 045 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	234 000	348 000	429 000	494 000
Total Current Assets	12 302 000	11 156 000	8 597 000	8 705 000
Total Assets	12 536 000	11 504 000	9 026 000	9 198 000
Total Retained Equity	2 285 000	1 749 000	1 865 000	1 875 000
Total Equity	2 385 000	1 849 000	1 965 000	1 975 000
Total Long-Term Debt	0	0	11 000	13 000
Total Current Debt	10 151 000	9 654 000	7 051 000	7 211 000
Total Equity and Debt	12 536 000	11 504 000	9 026 000	9 198 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 791 000	37 211 000	35 715 000	34 533 000
Other Income	5 111 000	5 167 000	4 281 000	4 213 000
Revenue	47 902 000	42 378 000	39 995 000	38 746 000
Cost of Goods Sold	300 000	393 000	321 000	106 000
Salary Costs	25 114 000	20 020 000	19 093 000	18 259 000
Depreciation	103 000	103 000	104 000	78 000
Impairment	0	0	0	0
Expenditure	47 309 000	42 540 000	40 032 000	37 486 000
Operating Profit	594 000	−162 000	−35 000	1 261 000
Financial Income	101 000	25 000	45 000	82 000
Financial Costs	9 000	11 000	22 000	3 000
Financial Balance	92 000	14 000	23 000	79 000
Dividends	0	0	0	0
Net Income	535 000	−115 000	−10 000	1 045 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	22 000	0	0
Real Eastate	50 000	50 000	50 000	50 000
Machinery and Plant Facilities	171 000	257 000	344 000	393 000
Fixtures	3 000	19 000	35 000	51 000
Total Tangible Assets	223 000	326 000	429 000	494 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	234 000	348 000	429 000	494 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 345 000	5 369 000	4 156 000	7 075 000
Total Current Assets	12 302 000	11 156 000	8 597 000	8 705 000
Total Assets	12 536 000	11 504 000	9 026 000	9 198 000
Total Equity	2 385 000	1 849 000	1 965 000	1 975 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	11 000	13 000
Creditors	7 164 000	7 225 000	4 918 000	5 015 000
Unpaid Taxes	2 724 000	2 071 000	2 080 000	1 967 000
Dividends	0	0	0	0
Other Current Debt	123 000	358 000	53 000	55 000
Total Current Debt	10 151 000	9 654 000	7 051 000	7 211 000
Total Equity and Debt	12 536 000	11 504 000	9 026 000	9 198 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,43 %	−6,22 %	−0,51 %	52,91 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	1,24 %	−0,38 %	−0,09 %	3,25 %
Current Ratio	1,21	1,16	1,22	1,21
Quick Ratio	1,21	1,16	1,22	1,21
Equity Ratio	0,19	0,16	0,22	0,21
Gross Profit Margin	99,37 %	99,07 %	99,2 %	99,73 %