STORM ELEKTRO AS

1624 GRESSVIK

Finances

Return on Equity

73,74 %

Current Ratio

1,34

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	160 568 000	139 986 000	108 701 000	108 811 000
Net Income	9 223 000	7 370 000	3 832 000	4 447 000
Total Assets	53 905 000	49 792 000	37 397 000	38 417 000
Total Equity	12 507 000	9 864 000	10 845 000	10 213 000

Income (NOK)	2022	2021	2020	2019
Revenue	160 568 000	139 986 000	108 701 000	108 811 000
Expenditure	149 623 000	131 327 000	104 717 000	103 977 000
Operating Profit	10 945 000	8 658 000	3 983 000	4 834 000
Financial Income	848 000	710 000	877 000	832 000
Financial Costs	158 000	97 000	141 000	148 000
Financial Balance	690 000	613 000	736 000	684 000
Earnings Before Tax	11 634 000	9 271 000	4 718 000	5 519 000
Tax	2 411 000	1 901 000	886 000	1 072 000
Net Income	9 223 000	7 370 000	3 832 000	4 447 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 611 000	2 305 000	2 285 000	349 000
Total Current Assets	48 294 000	47 487 000	35 112 000	38 069 000
Total Assets	53 905 000	49 792 000	37 397 000	38 417 000
Total Retained Equity	6 741 000	4 258 000	5 079 000	4 447 000
Total Equity	12 507 000	9 864 000	10 845 000	10 213 000
Total Long-Term Debt	5 352 000	2 844 000	2 304 000	12 757 000
Total Current Debt	36 046 000	37 084 000	24 247 000	15 448 000
Total Equity and Debt	53 905 000	49 792 000	37 397 000	38 417 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	160 568 000	139 986 000	109 639 000	108 004 000
Other Income	0	0	−938 000	807 000
Revenue	160 568 000	139 986 000	108 701 000	108 811 000
Cost of Goods Sold	70 036 000	60 839 000	43 248 000	47 147 000
Salary Costs	63 305 000	57 078 000	48 840 000	45 712 000
Depreciation	186 000	126 000	51 000	170 000
Impairment	0	0	0	73 000
Expenditure	149 623 000	131 327 000	104 717 000	103 977 000
Operating Profit	10 945 000	8 658 000	3 983 000	4 834 000
Financial Income	848 000	710 000	877 000	832 000
Financial Costs	158 000	97 000	141 000	148 000
Financial Balance	690 000	613 000	736 000	684 000
Dividends	8 500 000	7 000 000	3 200 000	0
Net Income	9 223 000	7 370 000	3 832 000	4 447 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 789 000	0	0	0
Machinery and Plant Facilities	108 000	121 000	0	0
Fixtures	175 000	402 000	263 000	183 000
Total Tangible Assets	3 073 000	523 000	263 000	183 000
Total Fiancial Fixed Assets	2 538 000	1 782 000	2 022 000	166 000
Total Fixed Assets	5 611 000	2 305 000	2 285 000	349 000
Stock	855 000	725 000	493 000	492 000
Total Investments	0	0	0	0
Cash, Bank	14 683 000	17 130 000	9 271 000	9 464 000
Total Current Assets	48 294 000	47 487 000	35 112 000	38 069 000
Total Assets	53 905 000	49 792 000	37 397 000	38 417 000
Total Equity	12 507 000	9 864 000	10 845 000	10 213 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 352 000	2 844 000	2 304 000	12 757 000
Creditors	9 622 000	13 957 000	6 749 000	3 954 000
Unpaid Taxes	8 856 000	7 834 000	6 820 000	6 081 000
Dividends	8 500 000	7 000 000	3 200 000	0
Other Current Debt	7 577 000	7 163 000	6 370 000	5 298 000
Total Current Debt	36 046 000	37 084 000	24 247 000	15 448 000
Total Equity and Debt	53 905 000	49 792 000	37 397 000	38 417 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,74 %	74,72 %	35,33 %	43,54 %
Debt-to-Equity Ratio	0,43	0,29	0,21	1,25
Operating Profit Margin	6,82 %	6,18 %	3,66 %	4,44 %
Current Ratio	1,34	1,28	1,45	2,46
Quick Ratio	1,37	1,31	1,48	2,55
Equity Ratio	0,23	0,2	0,29	0,27
Gross Profit Margin	56,38 %	56,54 %	60,21 %	56,67 %