STORGATA 2 AS

7900 RØRVIK

Finances

Share Ownership

Return on Equity

16,4 %

Current Ratio

1,74

Debt-to-Equity Ratio

2,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	420 000	420 000	420 000	247 000
Net Income	82 000	216 000	92 000	88 000
Total Assets	1 840 000	2 244 000	2 158 000	2 027 000
Total Equity	500 000	417 000	502 000	409 000

Income (NOK)	2022	2021	2020	2019
Revenue	420 000	420 000	420 000	247 000
Expenditure	260 000	93 000	233 000	79 000
Operating Profit	160 000	328 000	188 000	168 000
Financial Income	0	0	0	4 000
Financial Costs	55 000	51 000	70 000	60 000
Financial Balance	−55 000	−51 000	−70 000	−56 000
Earnings Before Tax	105 000	276 000	119 000	113 000
Tax	23 000	61 000	26 000	25 000
Net Income	82 000	216 000	92 000	88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 586 000	1 622 000	1 659 000	1 737 000
Total Current Assets	254 000	622 000	499 000	290 000
Total Assets	1 840 000	2 244 000	2 158 000	2 027 000
Total Retained Equity	450 000	367 000	452 000	359 000
Total Equity	500 000	417 000	502 000	409 000
Total Long-Term Debt	1 194 000	1 336 000	1 461 000	1 555 000
Total Current Debt	146 000	491 000	195 000	62 000
Total Equity and Debt	1 840 000	2 244 000	2 158 000	2 027 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	420 000	420 000	420 000	247 000
Revenue	420 000	420 000	420 000	247 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	158 000	0
Depreciation	35 000	38 000	38 000	38 000
Impairment	0	0	0	0
Expenditure	260 000	93 000	233 000	79 000
Operating Profit	160 000	328 000	188 000	168 000
Financial Income	0	0	0	4 000
Financial Costs	55 000	51 000	70 000	60 000
Financial Balance	−55 000	−51 000	−70 000	−56 000
Dividends	0	300 000	0	0
Net Income	82 000	216 000	92 000	88 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 586 000	1 619 000	1 652 000	1 685 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	2 000	7 000	12 000
Total Tangible Assets	1 586 000	1 622 000	1 659 000	1 697 000
Total Fiancial Fixed Assets	0	0	0	40 000
Total Fixed Assets	1 586 000	1 622 000	1 659 000	1 737 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	205 000	573 000	449 000	213 000
Total Current Assets	254 000	622 000	499 000	290 000
Total Assets	1 840 000	2 244 000	2 158 000	2 027 000
Total Equity	500 000	417 000	502 000	409 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 194 000	1 336 000	1 461 000	1 555 000
Creditors	0	1 000	−1 000	4 000
Unpaid Taxes	78 000	82 000	123 000	39 000
Dividends	0	300 000	0	0
Other Current Debt	48 000	50 000	54 000	0
Total Current Debt	146 000	491 000	195 000	62 000
Total Equity and Debt	1 840 000	2 244 000	2 158 000	2 027 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,4 %	51,8 %	18,33 %	21,52 %
Debt-to-Equity Ratio	2,39	3,2	2,91	3,8
Operating Profit Margin	38,1 %	78,1 %	44,76 %	68,02 %
Current Ratio	1,74	1,27	2,56	4,68
Quick Ratio	1,74	1,27	2,56	4,68
Equity Ratio	0,27	0,19	0,23	0,2
Gross Profit Margin	100 %	100 %	100 %	100 %