STRØM ELEKTRO AS

1738 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

31,5 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 201 000	4 624 000	3 970 000	4 769 000
Net Income	275 000	141 000	86 000	265 000
Total Assets	2 445 000	1 551 000	1 404 000	1 616 000
Total Equity	873 000	597 000	456 000	495 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 201 000	4 624 000	3 970 000	4 769 000
Expenditure	3 790 000	4 425 000	3 846 000	4 419 000
Operating Profit	411 000	199 000	124 000	351 000
Financial Income	1 000	1 000	4 000	5 000
Financial Costs	16 000	18 000	17 000	14 000
Financial Balance	−15 000	−17 000	−13 000	−9 000
Earnings Before Tax	395 000	181 000	111 000	341 000
Tax	120 000	40 000	24 000	75 000
Net Income	275 000	141 000	86 000	265 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	59 000	41 000	46 000	60 000
Total Current Assets	2 386 000	1 509 000	1 358 000	1 557 000
Total Assets	2 445 000	1 551 000	1 404 000	1 616 000
Total Retained Equity	773 000	497 000	356 000	395 000
Total Equity	873 000	597 000	456 000	495 000
Total Long-Term Debt	0	−1 000	8 000	48 000
Total Current Debt	1 572 000	954 000	940 000	1 074 000
Total Equity and Debt	2 445 000	1 551 000	1 404 000	1 616 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 201 000	4 624 000	3 970 000	4 769 000
Other Income	0	0	0	0
Revenue	4 201 000	4 624 000	3 970 000	4 769 000
Cost of Goods Sold	1 261 000	1 765 000	1 014 000	1 297 000
Salary Costs	1 724 000	1 818 000	1 939 000	2 256 000
Depreciation	7 000	7 000	7 000	7 000
Impairment	0	0	0	0
Expenditure	3 790 000	4 425 000	3 846 000	4 419 000
Operating Profit	411 000	199 000	124 000	351 000
Financial Income	1 000	1 000	4 000	5 000
Financial Costs	16 000	18 000	17 000	14 000
Financial Balance	−15 000	−17 000	−13 000	−9 000
Dividends	0	0	125 000	0
Net Income	275 000	141 000	86 000	265 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	2 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	32 000	39 000	46 000	53 000
Total Tangible Assets	32 000	39 000	46 000	53 000
Total Fiancial Fixed Assets	10 000	0	0	7 000
Total Fixed Assets	59 000	41 000	46 000	60 000
Stock	297 000	207 000	282 000	282 000
Total Investments	0	0	0	0
Cash, Bank	77 000	136 000	116 000	173 000
Total Current Assets	2 386 000	1 509 000	1 358 000	1 557 000
Total Assets	2 445 000	1 551 000	1 404 000	1 616 000
Total Equity	873 000	597 000	456 000	495 000
Short-Term Group Debt	0	3 000	1 000	1 000
Total Long-Term Debt	0	−1 000	8 000	48 000
Creditors	297 000	200 000	108 000	243 000
Unpaid Taxes	220 000	436 000	494 000	456 000
Dividends	0	0	125 000	0
Other Current Debt	938 000	265 000	177 000	328 000
Total Current Debt	1 572 000	954 000	940 000	1 074 000
Total Equity and Debt	2 445 000	1 551 000	1 404 000	1 616 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,5 %	23,62 %	18,86 %	53,54 %
Debt-to-Equity Ratio	0	−0	0,02	0,1
Operating Profit Margin	9,78 %	4,3 %	3,12 %	7,36 %
Current Ratio	1,52	1,58	1,44	1,45
Quick Ratio	1,87	2,02	2,06	1,97
Equity Ratio	0,36	0,38	0,32	0,31
Gross Profit Margin	69,98 %	61,83 %	74,46 %	72,8 %