KARL STRØMME AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

15,47 %

Current Ratio

9,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	235 000	224 000	222 000	219 000
Net Income	116 000	107 000	108 000	109 000
Total Assets	826 000	707 000	603 000	497 000
Total Equity	750 000	634 000	527 000	419 000

Income (NOK)	2022	2021	2020	2019
Revenue	235 000	224 000	222 000	219 000
Expenditure	94 000	87 000	85 000	83 000
Operating Profit	141 000	137 000	137 000	136 000
Financial Income	8 000	0	1 000	3 000
Financial Costs	0	0	0	0
Financial Balance	8 000	0	1 000	3 000
Earnings Before Tax	149 000	137 000	139 000	139 000
Tax	33 000	30 000	30 000	31 000
Net Income	116 000	107 000	108 000	109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 000	68 000	63 000	56 000
Total Current Assets	755 000	639 000	540 000	441 000
Total Assets	826 000	707 000	603 000	497 000
Total Retained Equity	550 000	434 000	327 000	219 000
Total Equity	750 000	634 000	527 000	419 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	76 000	73 000	76 000	78 000
Total Equity and Debt	826 000	707 000	603 000	497 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	235 000	224 000	222 000	219 000
Revenue	235 000	224 000	222 000	219 000
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	94 000	87 000	85 000	83 000
Operating Profit	141 000	137 000	137 000	136 000
Financial Income	8 000	0	1 000	3 000
Financial Costs	0	0	0	0
Financial Balance	8 000	0	1 000	3 000
Dividends	0	0	0	0
Net Income	116 000	107 000	108 000	109 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	72 000	68 000	63 000	56 000
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	72 000	68 000	63 000	56 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	755 000	639 000	540 000	441 000
Total Current Assets	755 000	639 000	540 000	441 000
Total Assets	826 000	707 000	603 000	497 000
Total Equity	750 000	634 000	527 000	419 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	40 000	38 000	38 000	37 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	76 000	73 000	76 000	78 000
Total Equity and Debt	826 000	707 000	603 000	497 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,47 %	16,88 %	20,49 %	26,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	60 %	61,16 %	61,71 %	62,1 %
Current Ratio	9,93	8,75	7,11	5,65
Quick Ratio	9,93	8,75	7,11	5,65
Equity Ratio	0,91	0,9	0,87	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %