STORSTAD AS

1170 OSLO

Finances

Return on Equity

48,94 %

Current Ratio

6,78

Debt-to-Equity Ratio

0,71

Key figures (NOK)	2021	2020	2019	2018
Revenue	328 000	1 625 000	346 000	330 000
Net Income	7 758 000	2 341 000	2 198 000	−644 000
Total Assets	27 671 000	12 611 000	8 360 000	8 730 000
Total Equity	15 851 000	8 092 000	4 340 000	2 129 000

Income (NOK)	2021	2020	2019	2018
Revenue	328 000	1 625 000	346 000	330 000
Expenditure	1 426 000	1 079 000	653 000	967 000
Operating Profit	−1 097 000	546 000	−307 000	−638 000
Financial Income	9 405 000	2 302 000	2 456 000	4 000
Financial Costs	355 000	476 000	0	185 000
Financial Balance	9 050 000	1 826 000	2 456 000	−181 000
Earnings Before Tax	7 953 000	2 373 000	2 148 000	−819 000
Tax	195 000	31 000	−50 000	−174 000
Net Income	7 758 000	2 341 000	2 198 000	−644 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	24 141 000	11 531 000	6 561 000	7 061 000
Total Current Assets	3 530 000	1 080 000	1 799 000	1 670 000
Total Assets	27 671 000	12 611 000	8 360 000	8 730 000
Total Retained Equity	15 821 000	8 062 000	4 310 000	2 099 000
Total Equity	15 851 000	8 092 000	4 340 000	2 129 000
Total Long-Term Debt	11 300 000	4 409 000	4 302 000	4 559 000
Total Current Debt	521 000	109 000	−282 000	2 043 000
Total Equity and Debt	27 671 000	12 611 000	8 360 000	8 730 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	503 000	347 000	210 000	0
Other Income	−175 000	1 278 000	136 000	330 000
Revenue	328 000	1 625 000	346 000	330 000
Cost of Goods Sold	95 000	0	14 000	50 000
Salary Costs	198 000	479 000	0	33 000
Depreciation	60 000	56 000	73 000	65 000
Impairment	0	0	0	0
Expenditure	1 426 000	1 079 000	653 000	967 000
Operating Profit	−1 097 000	546 000	−307 000	−638 000
Financial Income	9 405 000	2 302 000	2 456 000	4 000
Financial Costs	355 000	476 000	0	185 000
Financial Balance	9 050 000	1 826 000	2 456 000	−181 000
Dividends	0	0	0	2 500 000
Net Income	7 758 000	2 341 000	2 198 000	−644 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	154 000	348 000	369 000	305 000
Real Eastate	20 249 000	7 562 000	6 106 000	6 050 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	610 000	572 000	481 000	426 000
Total Tangible Assets	20 858 000	8 134 000	6 588 000	6 476 000
Total Fiancial Fixed Assets	3 129 000	3 048 000	−395 000	280 000
Total Fixed Assets	24 141 000	11 531 000	6 561 000	7 061 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 510 000	78 000	1 649 000	1 670 000
Total Current Assets	3 530 000	1 080 000	1 799 000	1 670 000
Total Assets	27 671 000	12 611 000	8 360 000	8 730 000
Total Equity	15 851 000	8 092 000	4 340 000	2 129 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 300 000	4 409 000	4 302 000	4 559 000
Creditors	−2 000	34 000	28 000	55 000
Unpaid Taxes	84 000	11 000	0	0
Dividends	0	0	0	2 500 000
Other Current Debt	446 000	71 000	−304 000	−506 000
Total Current Debt	521 000	109 000	−282 000	2 043 000
Total Equity and Debt	27 671 000	12 611 000	8 360 000	8 730 000

Financial indicators	2021	2020	2019	2018
Return on Equity	48,94 %	28,93 %	50,65 %	−30,25 %
Debt-to-Equity Ratio	0,71	0,54	0,99	2,14
Operating Profit Margin	−334,45 %	33,6 %	−88,73 %	−193,33 %
Current Ratio	6,78	9,91	−6,38	0,82
Quick Ratio	6,78	9,91	−6,38	0,82
Equity Ratio	0,57	0,64	0,52	0,24
Gross Profit Margin	71,04 %	100 %	95,95 %	84,85 %