STOREFOSS SAG AS

2940 HEGGENES

Finances

Share Ownership

Return on Equity

32,93 %

Current Ratio

2,18

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 018 000	57 235 000	41 635 000	38 010 000
Net Income	9 127 000	8 842 000	2 885 000	2 017 000
Total Assets	47 276 000	38 895 000	29 762 000	25 065 000
Total Equity	27 717 000	21 590 000	12 748 000	9 863 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 018 000	57 235 000	41 635 000	38 010 000
Expenditure	63 149 000	45 824 000	37 729 000	35 075 000
Operating Profit	11 869 000	11 412 000	3 906 000	2 934 000
Financial Income	27 000	20 000	7 000	16 000
Financial Costs	185 000	184 000	225 000	248 000
Financial Balance	−158 000	−164 000	−218 000	−232 000
Earnings Before Tax	11 711 000	11 248 000	3 688 000	2 702 000
Tax	2 584 000	2 406 000	803 000	685 000
Net Income	9 127 000	8 842 000	2 885 000	2 017 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 793 000	6 915 000	7 279 000	7 028 000
Total Current Assets	32 482 000	31 980 000	22 482 000	18 037 000
Total Assets	47 276 000	38 895 000	29 762 000	25 065 000
Total Retained Equity	27 687 000	21 560 000	12 718 000	9 833 000
Total Equity	27 717 000	21 590 000	12 748 000	9 863 000
Total Long-Term Debt	4 672 000	4 798 000	7 892 000	8 956 000
Total Current Debt	14 886 000	12 507 000	9 121 000	6 246 000
Total Equity and Debt	47 276 000	38 895 000	29 762 000	25 065 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	74 948 000	57 235 000	41 573 000	38 010 000
Other Income	70 000	0	62 000	0
Revenue	75 018 000	57 235 000	41 635 000	38 010 000
Cost of Goods Sold	53 223 000	38 482 000	30 983 000	29 180 000
Salary Costs	6 314 000	5 138 000	4 104 000	3 804 000
Depreciation	1 269 000	636 000	556 000	532 000
Impairment	0	0	0	0
Expenditure	63 149 000	45 824 000	37 729 000	35 075 000
Operating Profit	11 869 000	11 412 000	3 906 000	2 934 000
Financial Income	27 000	20 000	7 000	16 000
Financial Costs	185 000	184 000	225 000	248 000
Financial Balance	−158 000	−164 000	−218 000	−232 000
Dividends	0	0	0	0
Net Income	9 127 000	8 842 000	2 885 000	2 017 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 797 000	0	0	0
Total Intangible Assets	1 797 000	0	0	0
Real Eastate	12 158 000	6 404 000	6 784 000	6 327 000
Machinery and Plant Facilities	230 000	303 000	181 000	263 000
Fixtures	262 000	186 000	294 000	418 000
Total Tangible Assets	12 651 000	6 893 000	7 259 000	7 008 000
Total Fiancial Fixed Assets	346 000	22 000	20 000	20 000
Total Fixed Assets	14 793 000	6 915 000	7 279 000	7 028 000
Stock	9 781 000	9 382 000	8 982 000	7 297 000
Total Investments	0	0	0	0
Cash, Bank	10 753 000	11 440 000	8 319 000	4 713 000
Total Current Assets	32 482 000	31 980 000	22 482 000	18 037 000
Total Assets	47 276 000	38 895 000	29 762 000	25 065 000
Total Equity	27 717 000	21 590 000	12 748 000	9 863 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 672 000	4 798 000	7 892 000	8 956 000
Creditors	8 618 000	6 296 000	6 343 000	3 816 000
Unpaid Taxes	2 720 000	2 805 000	1 174 000	1 174 000
Dividends	0	0	0	0
Other Current Debt	965 000	1 001 000	801 000	572 000
Total Current Debt	14 886 000	12 507 000	9 121 000	6 246 000
Total Equity and Debt	47 276 000	38 895 000	29 762 000	25 065 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,93 %	40,95 %	22,63 %	20,45 %
Debt-to-Equity Ratio	0,17	0,22	0,62	0,91
Operating Profit Margin	15,82 %	19,94 %	9,38 %	7,72 %
Current Ratio	2,18	2,56	2,46	2,89
Quick Ratio	6,36	10,23	161,74	−17,16
Equity Ratio	0,59	0,56	0,43	0,39
Gross Profit Margin	29,05 %	32,76 %	25,58 %	23,23 %