STORØY RØR AS

9303 SILSAND

Finances

Return on Equity

−15,84 %

Current Ratio

1,34

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 212 000	3 988 000	3 942 000	4 579 000
Net Income	−48 000	1 294 000	−1 136 000	26 000
Total Assets	1 217 000	1 116 000	894 000	964 000
Total Equity	303 000	351 000	−943 000	193 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 212 000	3 988 000	3 942 000	4 579 000
Expenditure	4 260 000	2 644 000	5 067 000	4 518 000
Operating Profit	−49 000	1 344 000	−1 124 000	60 000
Financial Income	0	0	0	0
Financial Costs	9 000	24 000	12 000	34 000
Financial Balance	−9 000	−24 000	−12 000	−34 000
Earnings Before Tax	−57 000	1 320 000	−1 136 000	26 000
Tax	−9 000	26 000	0	0
Net Income	−48 000	1 294 000	−1 136 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	107 000	160 000	390 000	441 000
Total Current Assets	1 110 000	955 000	504 000	523 000
Total Assets	1 217 000	1 116 000	894 000	964 000
Total Retained Equity	133 000	181 000	−1 113 000	23 000
Total Equity	303 000	351 000	−943 000	193 000
Total Long-Term Debt	87 000	137 000	166 000	203 000
Total Current Debt	827 000	628 000	1 671 000	568 000
Total Equity and Debt	1 217 000	1 116 000	894 000	964 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 212 000	3 988 000	3 942 000	4 579 000
Other Income	0	0	0	0
Revenue	4 212 000	3 988 000	3 942 000	4 579 000
Cost of Goods Sold	1 814 000	1 196 000	1 700 000	1 876 000
Salary Costs	1 620 000	835 000	2 906 000	1 945 000
Depreciation	53 000	50 000	51 000	24 000
Impairment	0	0	0	0
Expenditure	4 260 000	2 644 000	5 067 000	4 518 000
Operating Profit	−49 000	1 344 000	−1 124 000	60 000
Financial Income	0	0	0	0
Financial Costs	9 000	24 000	12 000	34 000
Financial Balance	−9 000	−24 000	−12 000	−34 000
Dividends	0	0	0	0
Net Income	−48 000	1 294 000	−1 136 000	26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	87 000	140 000	169 000	220 000
Total Tangible Assets	87 000	140 000	169 000	220 000
Total Fiancial Fixed Assets	20 000	20 000	221 000	221 000
Total Fixed Assets	107 000	160 000	390 000	441 000
Stock	176 000	223 000	134 000	154 000
Total Investments	0	0	0	0
Cash, Bank	112 000	327 000	299 000	168 000
Total Current Assets	1 110 000	955 000	504 000	523 000
Total Assets	1 217 000	1 116 000	894 000	964 000
Total Equity	303 000	351 000	−943 000	193 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	87 000	137 000	166 000	203 000
Creditors	358 000	270 000	0	0
Unpaid Taxes	313 000	253 000	1 244 000	383 000
Dividends	0	0	0	0
Other Current Debt	156 000	90 000	427 000	186 000
Total Current Debt	827 000	628 000	1 671 000	568 000
Total Equity and Debt	1 217 000	1 116 000	894 000	964 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,84 %	368,66 %	120,47 %	13,47 %
Debt-to-Equity Ratio	0,29	0,39	−0,18	1,05
Operating Profit Margin	−1,16 %	33,7 %	−28,51 %	1,31 %
Current Ratio	1,34	1,52	0,3	0,92
Quick Ratio	1,71	2,36	0,33	1,26
Equity Ratio	0,25	0,31	−1,05	0,2
Gross Profit Margin	56,93 %	70,01 %	56,87 %	59,03 %