STORHORNET AS

6055 GODØYA

Finances

Share Ownership

Return on Equity

193,91 %

Current Ratio

0,34

Debt-to-Equity Ratio

1,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 594 000	46 530 000	41 692 000	57 456 000
Net Income	46 561 000	10 127 000	1 266 000	2 543 000
Total Assets	119 166 000	273 238 000	256 519 000	129 421 000
Total Equity	24 012 000	17 450 000	10 063 000	9 559 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 594 000	46 530 000	41 692 000	57 456 000
Expenditure	64 186 000	37 492 000	35 273 000	50 145 000
Operating Profit	9 408 000	9 039 000	6 419 000	7 311 000
Financial Income	43 521 000	9 226 000	130 000	114 000
Financial Costs	5 429 000	7 070 000	4 893 000	4 085 000
Financial Balance	38 092 000	2 156 000	−4 763 000	−3 971 000
Earnings Before Tax	47 500 000	11 196 000	1 656 000	3 339 000
Tax	938 000	1 068 000	390 000	796 000
Net Income	46 561 000	10 127 000	1 266 000	2 543 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	102 254 000	256 212 000	243 296 000	114 232 000
Total Current Assets	16 913 000	17 026 000	13 223 000	15 189 000
Total Assets	119 166 000	273 238 000	256 519 000	129 421 000
Total Retained Equity	19 012 000	12 450 000	5 063 000	4 559 000
Total Equity	24 012 000	17 450 000	10 063 000	9 559 000
Total Long-Term Debt	45 005 000	245 929 000	236 501 000	109 226 000
Total Current Debt	50 149 000	9 860 000	9 955 000	10 637 000
Total Equity and Debt	119 166 000	273 238 000	256 519 000	129 421 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 352 000	36 061 000	40 261 000	53 217 000
Other Income	1 242 000	10 470 000	1 431 000	4 239 000
Revenue	73 594 000	46 530 000	41 692 000	57 456 000
Cost of Goods Sold	32 691 000	16 614 000	14 545 000	21 714 000
Salary Costs	20 796 000	11 384 000	12 064 000	17 689 000
Depreciation	5 513 000	5 054 000	4 559 000	4 742 000
Impairment	0	0	0	0
Expenditure	64 186 000	37 492 000	35 273 000	50 145 000
Operating Profit	9 408 000	9 039 000	6 419 000	7 311 000
Financial Income	43 521 000	9 226 000	130 000	114 000
Financial Costs	5 429 000	7 070 000	4 893 000	4 085 000
Financial Balance	38 092 000	2 156 000	−4 763 000	−3 971 000
Dividends	40 000 000	0	0	0
Net Income	46 561 000	10 127 000	1 266 000	2 543 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	83 185 000	87 046 000	90 907 000	97 115 000
Real Eastate	0	0	0	3 617 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	292 000	0	0	0
Total Tangible Assets	19 069 000	20 412 000	12 750 000	17 117 000
Total Fiancial Fixed Assets	0	148 754 000	139 639 000	0
Total Fixed Assets	102 254 000	256 212 000	243 296 000	114 232 000
Stock	3 942 000	10 648 000	5 715 000	2 224 000
Total Investments	0	0	0	0
Cash, Bank	7 664 000	4 385 000	686 000	1 591 000
Total Current Assets	16 913 000	17 026 000	13 223 000	15 189 000
Total Assets	119 166 000	273 238 000	256 519 000	129 421 000
Total Equity	24 012 000	17 450 000	10 063 000	9 559 000
Short-Term Group Debt	40 000 000	0	0	0
Total Long-Term Debt	45 005 000	245 929 000	236 501 000	109 226 000
Creditors	3 016 000	3 507 000	6 663 000	3 677 000
Unpaid Taxes	4 207 000	1 041 000	1 898 000	3 255 000
Dividends	40 000 000	0	0	0
Other Current Debt	2 118 000	5 311 000	1 394 000	3 705 000
Total Current Debt	50 149 000	9 860 000	9 955 000	10 637 000
Total Equity and Debt	119 166 000	273 238 000	256 519 000	129 421 000

Financial indicators	2022	2021	2020	2019
Return on Equity	193,91 %	58,03 %	12,58 %	26,6 %
Debt-to-Equity Ratio	1,87	14,09	23,5	11,43
Operating Profit Margin	12,78 %	19,43 %	15,4 %	12,72 %
Current Ratio	0,34	1,73	1,33	1,43
Quick Ratio	0,37	−21,61	3,12	1,81
Equity Ratio	0,2	0,06	0,04	0,07
Gross Profit Margin	55,58 %	64,29 %	65,11 %	62,21 %