STOREVÅGEN BORETTSLAG

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

6,9 %

Current Ratio

12,51

Debt-to-Equity Ratio

1,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 188 000	1 746 000	1 668 000	1 065 000
Net Income	446 000	−81 000	1 105 000	387 000
Total Assets	19 012 000	18 953 000	19 399 000	19 331 000
Total Equity	6 467 000	6 020 000	6 102 000	4 996 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 188 000	1 746 000	1 668 000	1 065 000
Expenditure	579 000	1 721 000	430 000	498 000
Operating Profit	609 000	24 000	1 238 000	567 000
Financial Income	4 000	1 000	3 000	5 000
Financial Costs	166 000	107 000	136 000	185 000
Financial Balance	−162 000	−106 000	−133 000	−180 000
Earnings Before Tax	446 000	−81 000	1 105 000	387 000
Tax	0	0	0	0
Net Income	446 000	−81 000	1 105 000	387 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 324 000	18 324 000	18 324 000	18 324 000
Total Current Assets	688 000	629 000	1 075 000	1 007 000
Total Assets	19 012 000	18 953 000	19 399 000	19 331 000
Total Retained Equity	6 392 000	5 945 000	6 027 000	4 921 000
Total Equity	6 467 000	6 020 000	6 102 000	4 996 000
Total Long-Term Debt	12 490 000	12 889 000	13 258 000	14 198 000
Total Current Debt	55 000	43 000	39 000	137 000
Total Equity and Debt	19 012 000	18 953 000	19 399 000	19 331 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 188 000	1 746 000	1 668 000	1 065 000
Revenue	1 188 000	1 746 000	1 668 000	1 065 000
Cost of Goods Sold	0	0	0	0
Salary Costs	51 000	52 000	50 000	52 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	579 000	1 721 000	430 000	498 000
Operating Profit	609 000	24 000	1 238 000	567 000
Financial Income	4 000	1 000	3 000	5 000
Financial Costs	166 000	107 000	136 000	185 000
Financial Balance	−162 000	−106 000	−133 000	−180 000
Dividends	0	0	0	0
Net Income	446 000	−81 000	1 105 000	387 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 324 000	18 324 000	18 324 000	18 324 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	18 324 000	18 324 000	18 324 000	18 324 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 324 000	18 324 000	18 324 000	18 324 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	685 000	628 000	1 075 000	931 000
Total Current Assets	688 000	629 000	1 075 000	1 007 000
Total Assets	19 012 000	18 953 000	19 399 000	19 331 000
Total Equity	6 467 000	6 020 000	6 102 000	4 996 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 490 000	12 889 000	13 258 000	14 198 000
Creditors	13 000	7 000	0	79 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	1 000	0	12 000
Total Current Debt	55 000	43 000	39 000	137 000
Total Equity and Debt	19 012 000	18 953 000	19 399 000	19 331 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,9 %	−1,35 %	18,11 %	7,75 %
Debt-to-Equity Ratio	1,93	2,14	2,17	2,84
Operating Profit Margin	51,26 %	1,37 %	74,22 %	53,24 %
Current Ratio	12,51	14,63	27,56	7,35
Quick Ratio	12,51	14,63	27,56	7,35
Equity Ratio	0,34	0,32	0,31	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %