STORTAREN AS

4276 VEAVÅGEN

Finances

Return on Equity

41,45 %

Current Ratio

1,36

Debt-to-Equity Ratio

0,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 192 000	5 084 000	4 498 000	4 358 000
Net Income	584 000	569 000	468 000	403 000
Total Assets	4 583 000	4 519 000	4 288 000	3 887 000
Total Equity	1 409 000	825 000	756 000	821 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 192 000	5 084 000	4 498 000	4 358 000
Expenditure	4 382 000	4 300 000	3 842 000	3 776 000
Operating Profit	811 000	785 000	656 000	581 000
Financial Income	0	0	0	1 000
Financial Costs	62 000	56 000	56 000	64 000
Financial Balance	−62 000	−56 000	−56 000	−63 000
Earnings Before Tax	748 000	730 000	600 000	517 000
Tax	165 000	161 000	132 000	114 000
Net Income	584 000	569 000	468 000	403 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 917 000	2 018 000	2 144 000	2 028 000
Total Current Assets	2 666 000	2 500 000	2 144 000	1 859 000
Total Assets	4 583 000	4 519 000	4 288 000	3 887 000
Total Retained Equity	1 379 000	795 000	726 000	791 000
Total Equity	1 409 000	825 000	756 000	821 000
Total Long-Term Debt	1 217 000	1 292 000	1 370 000	1 136 000
Total Current Debt	1 957 000	2 402 000	2 161 000	1 930 000
Total Equity and Debt	4 583 000	4 519 000	4 288 000	3 887 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 192 000	5 084 000	4 498 000	4 358 000
Other Income	0	0	0	0
Revenue	5 192 000	5 084 000	4 498 000	4 358 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 040 000	3 911 000	3 437 000	3 402 000
Depreciation	102 000	126 000	123 000	116 000
Impairment	0	0	0	0
Expenditure	4 382 000	4 300 000	3 842 000	3 776 000
Operating Profit	811 000	785 000	656 000	581 000
Financial Income	0	0	0	1 000
Financial Costs	62 000	56 000	56 000	64 000
Financial Balance	−62 000	−56 000	−56 000	−63 000
Dividends	0	500 000	500 000	400 000
Net Income	584 000	569 000	468 000	403 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 681 000	1 742 000	1 804 000	1 865 000
Machinery and Plant Facilities	206 000	246 000	291 000	87 000
Fixtures	0	0	20 000	46 000
Total Tangible Assets	1 887 000	1 988 000	2 114 000	1 998 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	1 917 000	2 018 000	2 144 000	2 028 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 977 000	2 067 000	1 743 000	1 209 000
Total Current Assets	2 666 000	2 500 000	2 144 000	1 859 000
Total Assets	4 583 000	4 519 000	4 288 000	3 887 000
Total Equity	1 409 000	825 000	756 000	821 000
Short-Term Group Debt	0	0	41 000	31 000
Total Long-Term Debt	1 217 000	1 292 000	1 370 000	1 136 000
Creditors	13 000	50 000	104 000	57 000
Unpaid Taxes	1 715 000	1 505 000	1 381 000	1 328 000
Dividends	0	500 000	500 000	400 000
Other Current Debt	65 000	185 000	20 000	2 000
Total Current Debt	1 957 000	2 402 000	2 161 000	1 930 000
Total Equity and Debt	4 583 000	4 519 000	4 288 000	3 887 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,45 %	68,97 %	61,9 %	49,09 %
Debt-to-Equity Ratio	0,86	1,57	1,81	1,38
Operating Profit Margin	15,62 %	15,44 %	14,58 %	13,33 %
Current Ratio	1,36	1,04	0,99	0,96
Quick Ratio	1,36	1,04	0,99	0,96
Equity Ratio	0,31	0,18	0,18	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %