STORNES FISKEINDUSTRI AS

6570 SMØLA

Finances

Share Ownership

Return on Equity

15,93 %

Current Ratio

2,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 787 000	3 944 000	2 963 000	1 444 000
Net Income	54 000	51 000	147 000	69 000
Total Assets	571 000	396 000	358 000	181 000
Total Equity	339 000	285 000	234 000	88 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 787 000	3 944 000	2 963 000	1 444 000
Expenditure	9 693 000	3 839 000	2 869 000	1 349 000
Operating Profit	94 000	106 000	94 000	95 000
Financial Income	42 000	60 000	134 000	4 000
Financial Costs	66 000	97 000	39 000	10 000
Financial Balance	−24 000	−37 000	95 000	−6 000
Earnings Before Tax	69 000	69 000	188 000	88 000
Tax	15 000	18 000	41 000	19 000
Net Income	54 000	51 000	147 000	69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	27 000	15 000	19 000
Total Current Assets	537 000	369 000	343 000	162 000
Total Assets	571 000	396 000	358 000	181 000
Total Retained Equity	309 000	255 000	204 000	58 000
Total Equity	339 000	285 000	234 000	88 000
Total Long-Term Debt	1 000	1 000	1 000	1 000
Total Current Debt	231 000	110 000	123 000	92 000
Total Equity and Debt	571 000	396 000	358 000	181 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 628 000	3 944 000	2 963 000	1 444 000
Other Income	159 000	0	0	0
Revenue	9 787 000	3 944 000	2 963 000	1 444 000
Cost of Goods Sold	8 001 000	2 703 000	1 689 000	864 000
Salary Costs	0	0	0	0
Depreciation	9 000	7 000	4 000	1 000
Impairment	0	0	0	0
Expenditure	9 693 000	3 839 000	2 869 000	1 349 000
Operating Profit	94 000	106 000	94 000	95 000
Financial Income	42 000	60 000	134 000	4 000
Financial Costs	66 000	97 000	39 000	10 000
Financial Balance	−24 000	−37 000	95 000	−6 000
Dividends	0	0	0	0
Net Income	54 000	51 000	147 000	69 000

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	34 000	27 000	15 000	19 000
Total Tangible Assets	34 000	27 000	15 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 000	27 000	15 000	19 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	88 000	32 000	203 000	90 000
Total Current Assets	537 000	369 000	343 000	162 000
Total Assets	571 000	396 000	358 000	181 000
Total Equity	339 000	285 000	234 000	88 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	1 000	1 000	1 000
Creditors	216 000	17 000	25 000	18 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	75 000	57 000	59 000
Total Current Debt	231 000	110 000	123 000	92 000
Total Equity and Debt	571 000	396 000	358 000	181 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,93 %	17,89 %	62,82 %	78,41 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	0,96 %	2,69 %	3,17 %	6,58 %
Current Ratio	2,32	3,35	2,79	1,76
Quick Ratio	2,32	3,35	2,79	1,76
Equity Ratio	0,59	0,72	0,65	0,49
Gross Profit Margin	18,25 %	31,47 %	43 %	40,17 %