STORM ØSTERS AS

1680 SKJÆRHALDEN

Finances

Return on Equity

161,61 %

Current Ratio

0,81

Debt-to-Equity Ratio

−1,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 338 000	591 000	64 000	1 133 000
Net Income	−661 000	−138 000	−2 000	47 000
Total Assets	349 000	529 000	116 000	113 000
Total Equity	−409 000	252 000	89 000	91 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 338 000	591 000	64 000	1 133 000
Expenditure	1 994 000	724 000	67 000	1 068 000
Operating Profit	−655 000	−132 000	−2 000	64 000
Financial Income	1 000	0	0	0
Financial Costs	7 000	6 000	−1 000	0
Financial Balance	−6 000	−6 000	1 000	0
Earnings Before Tax	−661 000	−139 000	−2 000	64 000
Tax	0	−1 000	0	17 000
Net Income	−661 000	−138 000	−2 000	47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	130 000	156 000	31 000	0
Total Current Assets	219 000	374 000	85 000	113 000
Total Assets	349 000	529 000	116 000	113 000
Total Retained Equity	−739 000	−78 000	59 000	61 000
Total Equity	−409 000	252 000	89 000	91 000
Total Long-Term Debt	487 000	282 000	6 000	0
Total Current Debt	271 000	−4 000	21 000	22 000
Total Equity and Debt	349 000	529 000	116 000	113 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 338 000	531 000	64 000	1 133 000
Other Income	0	60 000	0	0
Revenue	1 338 000	591 000	64 000	1 133 000
Cost of Goods Sold	603 000	419 000	43 000	897 000
Salary Costs	853 000	0	−7 000	54 000
Depreciation	45 000	37 000	4 000	0
Impairment	0	0	0	0
Expenditure	1 994 000	724 000	67 000	1 068 000
Operating Profit	−655 000	−132 000	−2 000	64 000
Financial Income	1 000	0	0	0
Financial Costs	7 000	6 000	−1 000	0
Financial Balance	−6 000	−6 000	1 000	0
Dividends	0	0	0	0
Net Income	−661 000	−138 000	−2 000	47 000

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	130 000	156 000	31 000	0
Total Tangible Assets	130 000	156 000	31 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	130 000	156 000	31 000	0
Stock	0	0	0	0
Total Investments	30 000	30 000	0	0
Cash, Bank	137 000	224 000	64 000	109 000
Total Current Assets	219 000	374 000	85 000	113 000
Total Assets	349 000	529 000	116 000	113 000
Total Equity	−409 000	252 000	89 000	91 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	487 000	282 000	6 000	0
Creditors	120 000	18 000	19 000	0
Unpaid Taxes	83 000	0	2 000	1 000
Dividends	0	0	0	0
Other Current Debt	67 000	−23 000	0	7 000
Total Current Debt	271 000	−4 000	21 000	22 000
Total Equity and Debt	349 000	529 000	116 000	113 000

Financial indicators	2022	2021	2020	2019
Return on Equity	161,61 %	−54,76 %	−2,25 %	51,65 %
Debt-to-Equity Ratio	−1,19	1,12	0,07	0
Operating Profit Margin	−48,95 %	−22,34 %	−3,13 %	5,65 %
Current Ratio	0,81	−93,5	4,05	5,14
Quick Ratio	0,81	−93,5	4,05	5,14
Equity Ratio	−1,17	0,48	0,77	0,81
Gross Profit Margin	54,93 %	29,1 %	32,81 %	20,83 %