STORM ELEKTRO SARPSBORG AS

1710 SARPSBORG

Finances

Share Ownership

Return on Equity

65,71 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 387 000	40 779 000	34 893 000	35 177 000
Net Income	2 782 000	1 733 000	3 768 000	3 779 000
Total Assets	13 980 000	12 493 000	14 365 000	16 306 000
Total Equity	4 234 000	3 952 000	3 719 000	3 251 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 387 000	40 779 000	34 893 000	35 177 000
Expenditure	26 819 000	38 558 000	30 045 000	30 303 000
Operating Profit	3 568 000	2 221 000	4 848 000	4 874 000
Financial Income	28 000	17 000	27 000	22 000
Financial Costs	22 000	4 000	23 000	41 000
Financial Balance	6 000	13 000	4 000	−19 000
Earnings Before Tax	3 574 000	2 234 000	4 851 000	4 855 000
Tax	793 000	501 000	1 084 000	1 076 000
Net Income	2 782 000	1 733 000	3 768 000	3 779 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	581 000	441 000	701 000	752 000
Total Current Assets	13 398 000	12 053 000	13 664 000	15 554 000
Total Assets	13 980 000	12 493 000	14 365 000	16 306 000
Total Retained Equity	3 734 000	3 452 000	3 219 000	2 751 000
Total Equity	4 234 000	3 952 000	3 719 000	3 251 000
Total Long-Term Debt	0	28 000	125 000	625 000
Total Current Debt	9 746 000	8 513 000	10 521 000	12 430 000
Total Equity and Debt	13 980 000	12 493 000	14 365 000	16 306 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 387 000	40 599 000	34 813 000	35 150 000
Other Income	0	180 000	80 000	27 000
Revenue	30 387 000	40 779 000	34 893 000	35 177 000
Cost of Goods Sold	9 201 000	22 464 000	13 544 000	15 179 000
Salary Costs	14 205 000	13 038 000	13 221 000	12 218 000
Depreciation	103 000	128 000	129 000	198 000
Impairment	0	0	0	0
Expenditure	26 819 000	38 558 000	30 045 000	30 303 000
Operating Profit	3 568 000	2 221 000	4 848 000	4 874 000
Financial Income	28 000	17 000	27 000	22 000
Financial Costs	22 000	4 000	23 000	41 000
Financial Balance	6 000	13 000	4 000	−19 000
Dividends	2 500 000	1 500 000	3 300 000	2 500 000
Net Income	2 782 000	1 733 000	3 768 000	3 779 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	58 000	0	154 000	73 000
Real Eastate	15 000	61 000	123 000	175 000
Machinery and Plant Facilities	18 000	24 000	30 000	0
Fixtures	188 000	129 000	92 000	135 000
Total Tangible Assets	221 000	214 000	246 000	309 000
Total Fiancial Fixed Assets	303 000	227 000	301 000	369 000
Total Fixed Assets	581 000	441 000	701 000	752 000
Stock	604 000	863 000	874 000	505 000
Total Investments	0	0	0	0
Cash, Bank	6 243 000	4 208 000	7 333 000	4 552 000
Total Current Assets	13 398 000	12 053 000	13 664 000	15 554 000
Total Assets	13 980 000	12 493 000	14 365 000	16 306 000
Total Equity	4 234 000	3 952 000	3 719 000	3 251 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	28 000	125 000	625 000
Creditors	1 851 000	2 943 000	2 603 000	5 486 000
Unpaid Taxes	2 302 000	1 956 000	1 565 000	1 608 000
Dividends	2 500 000	1 500 000	3 300 000	2 500 000
Other Current Debt	2 214 000	1 795 000	1 889 000	1 715 000
Total Current Debt	9 746 000	8 513 000	10 521 000	12 430 000
Total Equity and Debt	13 980 000	12 493 000	14 365 000	16 306 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,71 %	43,85 %	101,32 %	116,24 %
Debt-to-Equity Ratio	0	0,01	0,03	0,19
Operating Profit Margin	11,74 %	5,45 %	13,89 %	13,86 %
Current Ratio	1,37	1,42	1,3	1,25
Quick Ratio	1,47	1,58	1,42	1,3
Equity Ratio	0,3	0,32	0,26	0,2
Gross Profit Margin	69,72 %	44,91 %	61,18 %	56,85 %