STRØMMEHAVEN GLADMAT AS

4641 SØGNE

Finances

Share Ownership

Return on Equity

91,3 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020
Revenue	3 915 000	4 095 000	1 075 000
Net Income	147 000	76 000	−161 000
Total Assets	471 000	495 000	515 000
Total Equity	161 000	15 000	−61 000

Income (NOK)	2022	2021	2020
Revenue	3 915 000	4 095 000	1 075 000
Expenditure	3 749 000	4 007 000	1 236 000
Operating Profit	165 000	88 000	−161 000
Financial Income	3 000	1 000	0
Financial Costs	4 000	13 000	0
Financial Balance	−1 000	−12 000	0
Earnings Before Tax	164 000	76 000	−161 000
Tax	17 000	0	0
Net Income	147 000	76 000	−161 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	51 000	62 000	73 000
Total Current Assets	419 000	433 000	442 000
Total Assets	471 000	495 000	515 000
Total Retained Equity	61 000	−85 000	−161 000
Total Equity	161 000	15 000	−61 000
Total Long-Term Debt	3 000	0	0
Total Current Debt	306 000	480 000	576 000
Total Equity and Debt	471 000	495 000	515 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 860 000	4 036 000	1 070 000
Other Income	55 000	59 000	5 000
Revenue	3 915 000	4 095 000	1 075 000
Cost of Goods Sold	2 990 000	3 243 000	878 000
Salary Costs	473 000	507 000	245 000
Depreciation	11 000	11 000	3 000
Impairment	0	0	0
Expenditure	3 749 000	4 007 000	1 236 000
Operating Profit	165 000	88 000	−161 000
Financial Income	3 000	1 000	0
Financial Costs	4 000	13 000	0
Financial Balance	−1 000	−12 000	0
Dividends	0	0	0
Net Income	147 000	76 000	−161 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	51 000	62 000	73 000
Total Tangible Assets	51 000	62 000	73 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	51 000	62 000	73 000
Stock	268 000	252 000	292 000
Total Investments	0	0	0
Cash, Bank	87 000	138 000	139 000
Total Current Assets	419 000	433 000	442 000
Total Assets	471 000	495 000	515 000
Total Equity	161 000	15 000	−61 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 000	0	0
Creditors	207 000	191 000	146 000
Unpaid Taxes	26 000	52 000	47 000
Dividends	0	0	0
Other Current Debt	59 000	238 000	383 000
Total Current Debt	306 000	480 000	576 000
Total Equity and Debt	471 000	495 000	515 000

Financial indicators	2022	2021	2020
Return on Equity	91,3 %	506,67 %	263,93 %
Debt-to-Equity Ratio	0,02	0	−0
Operating Profit Margin	4,21 %	2,15 %	−14,98 %
Current Ratio	1,37	0,9	0,77
Quick Ratio	11,03	1,9	1,56
Equity Ratio	0,34	0,03	−0,12
Gross Profit Margin	23,63 %	20,81 %	18,33 %