STORMOEN AS

1519 MOSS

Finances

Share Ownership

Return on Equity

77,26 %

Current Ratio

2,26

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	450 000	316 000	178 000	655 000
Net Income	265 000	68 000	−102 000	40 000
Total Assets	525 000	84 000	3 000	128 000
Total Equity	343 000	3 000	−65 000	37 000

Income (NOK)	2021	2020	2019	2018
Revenue	450 000	316 000	178 000	655 000
Expenditure	110 000	244 000	279 000	609 000
Operating Profit	340 000	71 000	−101 000	45 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	340 000	71 000	−102 000	45 000
Tax	75 000	3 000	0	5 000
Net Income	265 000	68 000	−102 000	40 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	113 000	34 000	0	0
Total Current Assets	412 000	50 000	3 000	128 000
Total Assets	525 000	84 000	3 000	128 000
Total Retained Equity	313 000	−27 000	−95 000	7 000
Total Equity	343 000	3 000	−65 000	37 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	182 000	81 000	69 000	92 000
Total Equity and Debt	525 000	84 000	3 000	128 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	450 000	316 000	178 000	655 000
Other Income	0	0	0	0
Revenue	450 000	316 000	178 000	655 000
Cost of Goods Sold	16 000	124 000	4 000	74 000
Salary Costs	0	3 000	165 000	347 000
Depreciation	14 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	110 000	244 000	279 000	609 000
Operating Profit	340 000	71 000	−101 000	45 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	265 000	68 000	−102 000	40 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	38 000	0	0	0
Fixtures	38 000	34 000	0	0
Total Tangible Assets	76 000	34 000	0	0
Total Fiancial Fixed Assets	38 000	0	0	0
Total Fixed Assets	113 000	34 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	412 000	50 000	3 000	125 000
Total Current Assets	412 000	50 000	3 000	128 000
Total Assets	525 000	84 000	3 000	128 000
Total Equity	343 000	3 000	−65 000	37 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	55 000	14 000	3 000	7 000
Unpaid Taxes	86 000	26 000	9 000	31 000
Dividends	0	0	0	0
Other Current Debt	41 000	41 000	56 000	49 000
Total Current Debt	182 000	81 000	69 000	92 000
Total Equity and Debt	525 000	84 000	3 000	128 000

Financial indicators	2021	2020	2019	2018
Return on Equity	77,26 %	2 266,67 %	156,92 %	108,11 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	75,56 %	22,47 %	−56,74 %	6,87 %
Current Ratio	2,26	0,62	0,04	1,39
Quick Ratio	2,26	0,62	0,04	1,39
Equity Ratio	0,65	0,04	−21,67	0,29
Gross Profit Margin	96,44 %	60,76 %	97,75 %	88,7 %