STRØM ERIKSEN AS

8480 ANDENES

Finances

Share Ownership

Return on Equity

25,78 %

Current Ratio

0,26

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	596 000	504 000	708 000	488 000
Net Income	116 000	125 000	122 000	54 000
Total Assets	1 012 000	1 161 000	1 292 000	1 251 000
Total Equity	450 000	529 000	660 000	487 000

Income (NOK)	2021	2020	2019	2018
Revenue	596 000	504 000	708 000	488 000
Expenditure	437 000	369 000	564 000	413 000
Operating Profit	147 000	125 000	122 000	75 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	22 000
Financial Balance	0	0	0	−22 000
Earnings Before Tax	147 000	125 000	122 000	54 000
Tax	31 000	0	0	0
Net Income	116 000	125 000	122 000	54 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	867 000	1 019 000	1 047 000	931 000
Total Current Assets	145 000	142 000	245 000	320 000
Total Assets	1 012 000	1 161 000	1 292 000	1 251 000
Total Retained Equity	0	0	0	0
Total Equity	450 000	529 000	660 000	487 000
Total Long-Term Debt	0	0	0	857 000
Total Current Debt	562 000	632 000	632 000	−92 000
Total Equity and Debt	1 012 000	1 161 000	1 292 000	1 251 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	596 000	504 000	708 000	488 000
Other Income	0	0	0	0
Revenue	596 000	504 000	708 000	488 000
Cost of Goods Sold	191 000	193 000	218 000	7 000
Salary Costs	0	0	5 000	18 000
Depreciation	25 000	22 000	31 000	71 000
Impairment	0	0	0	0
Expenditure	437 000	369 000	564 000	413 000
Operating Profit	147 000	125 000	122 000	75 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	22 000
Financial Balance	0	0	0	−22 000
Dividends	0	0	0	0
Net Income	116 000	125 000	122 000	54 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	18 000	125 000	122 000	0
Real Eastate	709 000	708 000	701 000	693 000
Machinery and Plant Facilities	40 000	61 000	81 000	81 000
Fixtures	100 000	125 000	142 000	157 000
Total Tangible Assets	849 000	894 000	924 000	931 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	867 000	1 019 000	1 047 000	931 000
Stock	98 000	129 000	218 000	224 000
Total Investments	0	0	0	1 000
Cash, Bank	47 000	8 000	27 000	0
Total Current Assets	145 000	142 000	245 000	320 000
Total Assets	1 012 000	1 161 000	1 292 000	1 251 000
Total Equity	450 000	529 000	660 000	487 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	857 000
Creditors	0	0	0	13 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	562 000	632 000	632 000	−92 000
Total Equity and Debt	1 012 000	1 161 000	1 292 000	1 251 000

Financial indicators	2021	2020	2019	2018
Return on Equity	25,78 %	23,63 %	18,48 %	11,09 %
Debt-to-Equity Ratio	0	0	0	1,76
Operating Profit Margin	24,66 %	24,8 %	17,23 %	15,37 %
Current Ratio	0,26	0,22	0,39	−3,48
Quick Ratio	0,31	0,28	0,59	−1,01
Equity Ratio	0,44	0,46	0,51	0,39
Gross Profit Margin	67,95 %	61,71 %	69,21 %	98,57 %