STORMEK AS

3181 HORTEN

Finances

Share Ownership

Return on Equity

25,98 %

Current Ratio

2,27

Debt-to-Equity Ratio

4,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 509 000	2 288 000	1 607 000	2 566 000
Net Income	205 000	128 000	−227 000	147 000
Total Assets	4 787 000	952 000	787 000	1 159 000
Total Equity	789 000	584 000	455 000	683 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 509 000	2 288 000	1 607 000	2 566 000
Expenditure	2 225 000	2 128 000	1 900 000	2 373 000
Operating Profit	284 000	161 000	−293 000	192 000
Financial Income	2 000	5 000	3 000	2 000
Financial Costs	23 000	1 000	2 000	4 000
Financial Balance	−21 000	4 000	1 000	−2 000
Earnings Before Tax	263 000	165 000	−292 000	189 000
Tax	58 000	36 000	−64 000	42 000
Net Income	205 000	128 000	−227 000	147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 678 000	45 000	41 000	50 000
Total Current Assets	1 109 000	907 000	745 000	1 109 000
Total Assets	4 787 000	952 000	787 000	1 159 000
Total Retained Equity	759 000	554 000	425 000	653 000
Total Equity	789 000	584 000	455 000	683 000
Total Long-Term Debt	3 510 000	0	1 000	2 000
Total Current Debt	489 000	368 000	330 000	475 000
Total Equity and Debt	4 787 000	952 000	787 000	1 159 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 509 000	2 288 000	1 579 000	2 566 000
Other Income	0	0	28 000	0
Revenue	2 509 000	2 288 000	1 607 000	2 566 000
Cost of Goods Sold	2 000	90 000	33 000	58 000
Salary Costs	1 597 000	1 523 000	1 431 000	1 870 000
Depreciation	23 000	3 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	2 225 000	2 128 000	1 900 000	2 373 000
Operating Profit	284 000	161 000	−293 000	192 000
Financial Income	2 000	5 000	3 000	2 000
Financial Costs	23 000	1 000	2 000	4 000
Financial Balance	−21 000	4 000	1 000	−2 000
Dividends	0	0	0	20 000
Net Income	205 000	128 000	−227 000	147 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	2 000	0	0
Real Eastate	3 583 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	80 000	28 000	26 000	35 000
Total Tangible Assets	3 663 000	28 000	26 000	35 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	3 678 000	45 000	41 000	50 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	654 000	454 000	501 000	714 000
Total Current Assets	1 109 000	907 000	745 000	1 109 000
Total Assets	4 787 000	952 000	787 000	1 159 000
Total Equity	789 000	584 000	455 000	683 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 510 000	0	1 000	2 000
Creditors	48 000	0	29 000	1 000
Unpaid Taxes	180 000	162 000	155 000	262 000
Dividends	0	0	0	20 000
Other Current Debt	183 000	167 000	146 000	169 000
Total Current Debt	489 000	368 000	330 000	475 000
Total Equity and Debt	4 787 000	952 000	787 000	1 159 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,98 %	21,92 %	−49,89 %	21,52 %
Debt-to-Equity Ratio	4,45	0	0	0
Operating Profit Margin	11,32 %	7,04 %	−18,23 %	7,48 %
Current Ratio	2,27	2,46	2,26	2,33
Quick Ratio	2,27	2,46	2,26	2,33
Equity Ratio	0,16	0,61	0,58	0,59
Gross Profit Margin	99,92 %	96,07 %	97,95 %	97,74 %