STORESPEED AS

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

13,42 %

Current Ratio

1,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 994 000	4 048 000	3 516 000	4 309 000
Net Income	106 000	191 000	−809 000	−25 000
Total Assets	1 336 000	1 899 000	1 464 000	1 679 000
Total Equity	790 000	434 000	243 000	1 052 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 994 000	4 048 000	3 516 000	4 309 000
Expenditure	6 866 000	3 881 000	4 326 000	4 208 000
Operating Profit	128 000	167 000	−810 000	102 000
Financial Income	3 000	1 000	0	0
Financial Costs	25 000	2 000	1 000	120 000
Financial Balance	−22 000	−1 000	−1 000	−120 000
Earnings Before Tax	106 000	166 000	−811 000	−19 000
Tax	0	−26 000	−1 000	6 000
Net Income	106 000	191 000	−809 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	344 000	469 000	654 000	1 009 000
Total Current Assets	992 000	1 430 000	810 000	670 000
Total Assets	1 336 000	1 899 000	1 464 000	1 679 000
Total Retained Equity	−499 000	−605 000	−796 000	13 000
Total Equity	790 000	434 000	243 000	1 052 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	546 000	1 465 000	1 221 000	625 000
Total Equity and Debt	1 336 000	1 899 000	1 464 000	1 679 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 813 000	4 048 000	2 510 000	4 145 000
Other Income	181 000	0	1 006 000	164 000
Revenue	6 994 000	4 048 000	3 516 000	4 309 000
Cost of Goods Sold	5 912 000	3 215 000	3 143 000	3 012 000
Salary Costs	22 000	32 000	149 000	75 000
Depreciation	125 000	125 000	192 000	273 000
Impairment	0	0	0	0
Expenditure	6 866 000	3 881 000	4 326 000	4 208 000
Operating Profit	128 000	167 000	−810 000	102 000
Financial Income	3 000	1 000	0	0
Financial Costs	25 000	2 000	1 000	120 000
Financial Balance	−22 000	−1 000	−1 000	−120 000
Dividends	0	0	0	0
Net Income	106 000	191 000	−809 000	−25 000

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	344 000	469 000	594 000	1 009 000
Fixtures	0	0	60 000	0
Total Tangible Assets	344 000	469 000	654 000	1 009 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	344 000	469 000	654 000	1 009 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	566 000	592 000	39 000	274 000
Total Current Assets	992 000	1 430 000	810 000	670 000
Total Assets	1 336 000	1 899 000	1 464 000	1 679 000
Total Equity	790 000	434 000	243 000	1 052 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	374 000	884 000	671 000	489 000
Unpaid Taxes	11 000	102 000	1 000	110 000
Dividends	0	0	0	0
Other Current Debt	161 000	480 000	549 000	3 000
Total Current Debt	546 000	1 465 000	1 221 000	625 000
Total Equity and Debt	1 336 000	1 899 000	1 464 000	1 679 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,42 %	44,01 %	−332,92 %	−2,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,83 %	4,13 %	−23,04 %	2,37 %
Current Ratio	1,82	0,98	0,66	1,07
Quick Ratio	1,82	0,98	0,66	1,07
Equity Ratio	0,59	0,23	0,17	0,63
Gross Profit Margin	15,47 %	20,58 %	10,61 %	30,1 %