BRØDRENE STORMO AS

9470 GRATANGEN

Finances

Share Ownership

Return on Equity

39,07 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 920 000	10 813 000	8 378 000	8 376 000
Net Income	1 124 000	−111 000	−26 000	321 000
Total Assets	6 736 000	4 567 000	3 563 000	3 457 000
Total Equity	2 877 000	1 753 000	1 864 000	1 889 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 920 000	10 813 000	8 378 000	8 376 000
Expenditure	19 439 000	10 930 000	8 405 000	7 956 000
Operating Profit	1 481 000	−116 000	−27 000	421 000
Financial Income	13 000	17 000	6 000	7 000
Financial Costs	53 000	42 000	12 000	17 000
Financial Balance	−40 000	−25 000	−6 000	−10 000
Earnings Before Tax	1 441 000	−142 000	−33 000	411 000
Tax	317 000	−31 000	−7 000	90 000
Net Income	1 124 000	−111 000	−26 000	321 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 427 000	1 789 000	1 538 000	1 491 000
Total Current Assets	4 309 000	2 778 000	2 026 000	1 966 000
Total Assets	6 736 000	4 567 000	3 563 000	3 457 000
Total Retained Equity	1 890 000	766 000	876 000	902 000
Total Equity	2 877 000	1 753 000	1 864 000	1 889 000
Total Long-Term Debt	526 000	430 000	138 000	187 000
Total Current Debt	3 333 000	2 384 000	1 561 000	1 381 000
Total Equity and Debt	6 736 000	4 567 000	3 563 000	3 457 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 394 000	10 795 000	8 376 000	8 275 000
Other Income	526 000	18 000	2 000	101 000
Revenue	20 920 000	10 813 000	8 378 000	8 376 000
Cost of Goods Sold	11 795 000	5 369 000	3 727 000	3 845 000
Salary Costs	3 155 000	2 136 000	1 572 000	1 488 000
Depreciation	232 000	251 000	228 000	112 000
Impairment	0	0	0	0
Expenditure	19 439 000	10 930 000	8 405 000	7 956 000
Operating Profit	1 481 000	−116 000	−27 000	421 000
Financial Income	13 000	17 000	6 000	7 000
Financial Costs	53 000	42 000	12 000	17 000
Financial Balance	−40 000	−25 000	−6 000	−10 000
Dividends	0	0	0	0
Net Income	1 124 000	−111 000	−26 000	321 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 000 000	1 000 000	1 000 000	1 000 000
Machinery and Plant Facilities	167 000	74 000	130 000	197 000
Fixtures	696 000	540 000	365 000	236 000
Total Tangible Assets	1 863 000	1 614 000	1 495 000	1 433 000
Total Fiancial Fixed Assets	563 000	176 000	42 000	57 000
Total Fixed Assets	2 427 000	1 789 000	1 538 000	1 491 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	320 000	1 061 000	159 000	896 000
Total Current Assets	4 309 000	2 778 000	2 026 000	1 966 000
Total Assets	6 736 000	4 567 000	3 563 000	3 457 000
Total Equity	2 877 000	1 753 000	1 864 000	1 889 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	526 000	430 000	138 000	187 000
Creditors	2 186 000	1 588 000	681 000	442 000
Unpaid Taxes	676 000	508 000	406 000	327 000
Dividends	0	0	0	0
Other Current Debt	302 000	288 000	433 000	501 000
Total Current Debt	3 333 000	2 384 000	1 561 000	1 381 000
Total Equity and Debt	6 736 000	4 567 000	3 563 000	3 457 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,07 %	−6,33 %	−1,39 %	16,99 %
Debt-to-Equity Ratio	0,18	0,25	0,07	0,1
Operating Profit Margin	7,08 %	−1,07 %	−0,32 %	5,03 %
Current Ratio	1,29	1,17	1,3	1,42
Quick Ratio	1,29	1,17	1,3	1,42
Equity Ratio	0,43	0,38	0,52	0,55
Gross Profit Margin	43,62 %	50,35 %	55,51 %	54,1 %