STRØMGATEN 40 AS

6964 KORSSUND

Finances

Share Ownership

Return on Equity

15,6 %

Current Ratio

1,76

Debt-to-Equity Ratio

4,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 126 000	866 000	712 000	987 000
Net Income	354 000	296 000	259 000	670 000
Total Assets	12 998 000	6 588 000	6 140 000	4 228 000
Total Equity	2 269 000	2 268 000	2 268 000	2 268 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 126 000	866 000	712 000	987 000
Expenditure	365 000	376 000	325 000	122 000
Operating Profit	761 000	490 000	388 000	865 000
Financial Income	124 000	4 000	1 000	0
Financial Costs	432 000	114 000	56 000	6 000
Financial Balance	−308 000	−110 000	−55 000	−6 000
Earnings Before Tax	453 000	380 000	332 000	859 000
Tax	100 000	84 000	73 000	189 000
Net Income	354 000	296 000	259 000	670 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 715 000	6 484 000	5 843 000	3 990 000
Total Current Assets	1 283 000	104 000	297 000	238 000
Total Assets	12 998 000	6 588 000	6 140 000	4 228 000
Total Retained Equity	1 000	1 000	0	0
Total Equity	2 269 000	2 268 000	2 268 000	2 268 000
Total Long-Term Debt	10 000 000	3 760 000	3 010 000	969 000
Total Current Debt	729 000	559 000	861 000	992 000
Total Equity and Debt	12 998 000	6 588 000	6 140 000	4 228 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 126 000	866 000	712 000	987 000
Revenue	1 126 000	866 000	712 000	987 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	365 000	376 000	325 000	122 000
Operating Profit	761 000	490 000	388 000	865 000
Financial Income	124 000	4 000	1 000	0
Financial Costs	432 000	114 000	56 000	6 000
Financial Balance	−308 000	−110 000	−55 000	−6 000
Dividends	0	0	0	0
Net Income	354 000	296 000	259 000	670 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 484 000	6 484 000	5 843 000	3 990 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 484 000	6 484 000	5 843 000	3 990 000
Total Fiancial Fixed Assets	5 231 000	0	0	0
Total Fixed Assets	11 715 000	6 484 000	5 843 000	3 990 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 245 000	71 000	268 000	221 000
Total Current Assets	1 283 000	104 000	297 000	238 000
Total Assets	12 998 000	6 588 000	6 140 000	4 228 000
Total Equity	2 269 000	2 268 000	2 268 000	2 268 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000 000	3 760 000	3 010 000	969 000
Creditors	6 000	12 000	379 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	724 000	548 000	483 000	991 000
Total Current Debt	729 000	559 000	861 000	992 000
Total Equity and Debt	12 998 000	6 588 000	6 140 000	4 228 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,6 %	13,05 %	11,42 %	29,54 %
Debt-to-Equity Ratio	4,41	1,66	1,33	0,43
Operating Profit Margin	67,58 %	56,58 %	54,49 %	87,64 %
Current Ratio	1,76	0,19	0,34	0,24
Quick Ratio	1,76	0,19	0,34	0,24
Equity Ratio	0,17	0,34	0,37	0,54
Gross Profit Margin	100 %	100 %	100 %	100 %