ESPEN STORHAUG AS

4322 SANDNES

Finances

Share Ownership

Return on Equity

20,45 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 071 000	54 586 000	60 390 000	55 263 000
Net Income	156 000	120 000	309 000	−80 000
Total Assets	5 000 000	5 351 000	5 635 000	5 411 000
Total Equity	763 000	817 000	846 000	777 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 071 000	54 586 000	60 390 000	55 263 000
Expenditure	43 892 000	54 438 000	60 022 000	55 380 000
Operating Profit	179 000	146 000	368 000	−117 000
Financial Income	21 000	9 000	14 000	31 000
Financial Costs	0	0	0	1 000
Financial Balance	21 000	9 000	14 000	30 000
Earnings Before Tax	201 000	155 000	382 000	−87 000
Tax	44 000	34 000	73 000	−7 000
Net Income	156 000	120 000	309 000	−80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	269 000	406 000	30 000	47 000
Total Current Assets	4 731 000	4 945 000	5 605 000	5 363 000
Total Assets	5 000 000	5 351 000	5 635 000	5 411 000
Total Retained Equity	263 000	317 000	346 000	277 000
Total Equity	763 000	817 000	846 000	777 000
Total Long-Term Debt	13 000	14 000	2 000	0
Total Current Debt	4 225 000	4 520 000	4 787 000	4 633 000
Total Equity and Debt	5 000 000	5 351 000	5 635 000	5 411 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 214 000	53 815 000	59 535 000	54 137 000
Other Income	857 000	771 000	855 000	1 126 000
Revenue	44 071 000	54 586 000	60 390 000	55 263 000
Cost of Goods Sold	36 654 000	45 934 000	50 738 000	46 765 000
Salary Costs	2 661 000	3 389 000	3 792 000	3 424 000
Depreciation	61 000	29 000	16 000	16 000
Impairment	0	0	0	0
Expenditure	43 892 000	54 438 000	60 022 000	55 380 000
Operating Profit	179 000	146 000	368 000	−117 000
Financial Income	21 000	9 000	14 000	31 000
Financial Costs	0	0	0	1 000
Financial Balance	21 000	9 000	14 000	30 000
Dividends	210 000	150 000	240 000	0
Net Income	156 000	120 000	309 000	−80 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	269 000	406 000	30 000	47 000
Total Tangible Assets	269 000	406 000	30 000	47 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	269 000	406 000	30 000	47 000
Stock	3 007 000	2 673 000	2 923 000	2 842 000
Total Investments	0	0	0	0
Cash, Bank	1 447 000	1 899 000	2 487 000	2 288 000
Total Current Assets	4 731 000	4 945 000	5 605 000	5 363 000
Total Assets	5 000 000	5 351 000	5 635 000	5 411 000
Total Equity	763 000	817 000	846 000	777 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 000	14 000	2 000	0
Creditors	3 132 000	3 294 000	3 212 000	3 475 000
Unpaid Taxes	180 000	251 000	329 000	352 000
Dividends	210 000	150 000	240 000	0
Other Current Debt	657 000	803 000	935 000	806 000
Total Current Debt	4 225 000	4 520 000	4 787 000	4 633 000
Total Equity and Debt	5 000 000	5 351 000	5 635 000	5 411 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,45 %	14,69 %	36,52 %	−10,3 %
Debt-to-Equity Ratio	0,02	0,02	0	0
Operating Profit Margin	0,41 %	0,27 %	0,61 %	−0,21 %
Current Ratio	1,12	1,09	1,17	1,16
Quick Ratio	3,88	2,68	3,01	2,99
Equity Ratio	0,15	0,15	0,15	0,14
Gross Profit Margin	16,83 %	15,85 %	15,98 %	15,38 %