STOREVATN HYTTEFELT AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

25,87 %

Current Ratio

7,15

Debt-to-Equity Ratio

1,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 134 000	20 111 000	1 548 000	186 000
Net Income	2 244 000	5 813 000	389 000	88 000
Total Assets	27 562 000	25 857 000	12 700 000	2 071 000
Total Equity	8 674 000	6 429 000	616 000	216 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 134 000	20 111 000	1 548 000	186 000
Expenditure	7 543 000	12 150 000	793 000	12 000
Operating Profit	3 591 000	7 961 000	755 000	174 000
Financial Income	22 000	0	0	0
Financial Costs	735 000	509 000	256 000	51 000
Financial Balance	−713 000	−509 000	−256 000	−51 000
Earnings Before Tax	2 879 000	7 453 000	499 000	124 000
Tax	634 000	1 640 000	110 000	36 000
Net Income	2 244 000	5 813 000	389 000	88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	27 562 000	25 857 000	12 700 000	2 071 000
Total Assets	27 562 000	25 857 000	12 700 000	2 071 000
Total Retained Equity	8 534 000	6 289 000	476 000	76 000
Total Equity	8 674 000	6 429 000	616 000	216 000
Total Long-Term Debt	15 033 000	0	0	0
Total Current Debt	3 855 000	19 428 000	12 084 000	1 855 000
Total Equity and Debt	27 562 000	25 857 000	12 700 000	2 071 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 134 000	20 111 000	1 548 000	186 000
Other Income	0	0	0	0
Revenue	11 134 000	20 111 000	1 548 000	186 000
Cost of Goods Sold	6 957 000	11 769 000	750 000	0
Salary Costs	174 000	7 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 543 000	12 150 000	793 000	12 000
Operating Profit	3 591 000	7 961 000	755 000	174 000
Financial Income	22 000	0	0	0
Financial Costs	735 000	509 000	256 000	51 000
Financial Balance	−713 000	−509 000	−256 000	−51 000
Dividends	0	0	0	0
Net Income	2 244 000	5 813 000	389 000	88 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	24 734 000	20 714 000	10 223 000	1 826 000
Total Investments	0	0	0	0
Cash, Bank	2 800 000	4 018 000	2 461 000	244 000
Total Current Assets	27 562 000	25 857 000	12 700 000	2 071 000
Total Assets	27 562 000	25 857 000	12 700 000	2 071 000
Total Equity	8 674 000	6 429 000	616 000	216 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 033 000	0	0	0
Creditors	3 221 000	2 052 000	4 769 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	15 736 000	7 206 000	1 817 000
Total Current Debt	3 855 000	19 428 000	12 084 000	1 855 000
Total Equity and Debt	27 562 000	25 857 000	12 700 000	2 071 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,87 %	90,42 %	63,15 %	40,74 %
Debt-to-Equity Ratio	1,73	0	0	0
Operating Profit Margin	32,25 %	39,59 %	48,77 %	93,55 %
Current Ratio	7,15	1,33	1,05	1,12
Quick Ratio	−1,32	−20,11	6,82	71,41
Equity Ratio	0,31	0,25	0,05	0,1
Gross Profit Margin	37,52 %	41,48 %	51,55 %	100 %