STORMAST AS

3117 TØNSBERG

Finances

Return on Equity

7,05 %

Current Ratio

3,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 408 000	2 012 000	10 000	0
Net Income	136 000	136 000	−1 303 000	−40 000
Total Assets	2 492 000	2 190 000	1 849 000	3 008 000
Total Equity	1 929 000	1 793 000	1 656 000	2 960 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 408 000	2 012 000	10 000	0
Expenditure	2 272 000	1 895 000	1 075 000	41 000
Operating Profit	136 000	117 000	−1 066 000	−41 000
Financial Income	1 000	19 000	0	0
Financial Costs	0	0	238 000	0
Financial Balance	1 000	19 000	−238 000	0
Earnings Before Tax	136 000	136 000	−1 303 000	−40 000
Tax	0	0	0	0
Net Income	136 000	136 000	−1 303 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	697 000	902 000	63 000	40 000
Total Current Assets	1 795 000	1 289 000	1 786 000	2 968 000
Total Assets	2 492 000	2 190 000	1 849 000	3 008 000
Total Retained Equity	−1 071 000	−1 207 000	−1 344 000	−40 000
Total Equity	1 929 000	1 793 000	1 656 000	2 960 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	563 000	398 000	192 000	48 000
Total Equity and Debt	2 492 000	2 190 000	1 849 000	3 008 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 194 000	2 012 000	10 000	0
Other Income	215 000	0	0	0
Revenue	2 408 000	2 012 000	10 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	1 576 000	1 460 000	831 000	0
Depreciation	205 000	156 000	7 000	1 000
Impairment	0	0	0	0
Expenditure	2 272 000	1 895 000	1 075 000	41 000
Operating Profit	136 000	117 000	−1 066 000	−41 000
Financial Income	1 000	19 000	0	0
Financial Costs	0	0	238 000	0
Financial Balance	1 000	19 000	−238 000	0
Dividends	0	0	0	0
Net Income	136 000	136 000	−1 303 000	−40 000

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	647 000	852 000	13 000	19 000
Total Tangible Assets	647 000	852 000	13 000	19 000
Total Fiancial Fixed Assets	50 000	50 000	50 000	20 000
Total Fixed Assets	697 000	902 000	63 000	40 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 549 000	1 043 000	1 781 000	2 946 000
Total Current Assets	1 795 000	1 289 000	1 786 000	2 968 000
Total Assets	2 492 000	2 190 000	1 849 000	3 008 000
Total Equity	1 929 000	1 793 000	1 656 000	2 960 000
Short-Term Group Debt	0	0	30 000	30 000
Total Long-Term Debt	0	0	0	0
Creditors	12 000	8 000	6 000	18 000
Unpaid Taxes	216 000	258 000	76 000	0
Dividends	0	0	0	0
Other Current Debt	335 000	132 000	80 000	0
Total Current Debt	563 000	398 000	192 000	48 000
Total Equity and Debt	2 492 000	2 190 000	1 849 000	3 008 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,05 %	7,59 %	−78,68 %	−1,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,65 %	5,82 %	−10 660 %	-
Current Ratio	3,19	3,24	9,3	61,83
Quick Ratio	3,19	3,24	9,3	61,83
Equity Ratio	0,77	0,82	0,9	0,98
Gross Profit Margin	100 %	100 %	100 %	-