STORMGARD HOLDING AS

9015 TROMSØ

Finances

Return on Equity

25,28 %

Current Ratio

3,7

Debt-to-Equity Ratio

−2,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 000	0	0	0
Net Income	−45 000	−87 000	−20 000	−60 000
Total Assets	274 000	188 000	31 000	32 000
Total Equity	−178 000	−219 000	−133 000	−113 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 000	0	0	0
Expenditure	143 000	86 000	20 000	57 000
Operating Profit	−44 000	−87 000	−20 000	−57 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	3 000
Financial Balance	−2 000	0	0	−3 000
Earnings Before Tax	−45 000	−87 000	−20 000	−60 000
Tax	0	0	0	0
Net Income	−45 000	−87 000	−20 000	−60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	30 000	30 000	30 000
Total Current Assets	244 000	158 000	1 000	2 000
Total Assets	274 000	188 000	31 000	32 000
Total Retained Equity	−208 000	−249 000	−163 000	−143 000
Total Equity	−178 000	−219 000	−133 000	−113 000
Total Long-Term Debt	386 000	386 000	146 000	138 000
Total Current Debt	66 000	22 000	17 000	6 000
Total Equity and Debt	274 000	188 000	31 000	32 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 000	0	0	0
Other Income	0	0	0	0
Revenue	100 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	84 000	51 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	143 000	86 000	20 000	57 000
Operating Profit	−44 000	−87 000	−20 000	−57 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	3 000
Financial Balance	−2 000	0	0	−3 000
Dividends	0	0	0	0
Net Income	−45 000	−87 000	−20 000	−60 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	30 000	30 000	30 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	107 000	1 000	2 000
Total Current Assets	244 000	158 000	1 000	2 000
Total Assets	274 000	188 000	31 000	32 000
Total Equity	−178 000	−219 000	−133 000	−113 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	386 000	386 000	146 000	138 000
Creditors	4 000	7 000	17 000	4 000
Unpaid Taxes	0	9 000	0	0
Dividends	0	0	0	0
Other Current Debt	62 000	6 000	0	2 000
Total Current Debt	66 000	22 000	17 000	6 000
Total Equity and Debt	274 000	188 000	31 000	32 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,28 %	39,73 %	15,04 %	53,1 %
Debt-to-Equity Ratio	−2,17	−1,76	−1,1	−1,22
Operating Profit Margin	−44 %	-	-	-
Current Ratio	3,7	7,18	0,06	0,33
Quick Ratio	3,7	7,18	0,06	0,33
Equity Ratio	−0,65	−1,16	−4,29	−3,53
Gross Profit Margin	100 %	-	-	-