STRØMMEN SPAREBANK

2010 STRØMMEN

Finances

Return on Equity

9,36 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	94 871 000	98 395 000	85 405 000	118 366 000
Net Income	58 603 000	42 213 000	34 797 000	68 426 000
Total Assets	4 317 040 000	4 053 259 000	4 006 239 000	3 608 139 000
Total Equity	625 804 000	570 619 000	530 270 000	425 965 000

Income (NOK)	2022	2021	2020	2019
Revenue	94 871 000	98 395 000	85 405 000	118 366 000
Expenditure	56 487 000	56 916 000	49 920 000	46 885 000
Operating Profit	46 133 000	47 996 000	42 373 000	71 481 000
Financial Income	0	0	0	0
Financial Costs	3 032 000	−1 075 000	1 609 000	−7 476 000
Financial Balance	−3 032 000	1 075 000	−1 609 000	7 476 000
Earnings Before Tax	43 101 000	49 071 000	40 764 000	78 957 000
Tax	−8 916 000	−9 490 000	−8 176 000	10 531 000
Net Income	58 603 000	42 213 000	34 797 000	68 426 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	204 714 000	181 193 000	222 038 000	219 199 000
Total Current Assets	4 079 925 000	3 868 665 000	3 781 197 000	3 388 940 000
Total Assets	4 317 040 000	4 053 259 000	4 006 239 000	3 608 139 000
Total Retained Equity	585 804 000	530 619 000	490 270 000	425 965 000
Total Equity	625 804 000	570 619 000	530 270 000	425 965 000
Total Long-Term Debt	51 904 000	52 423 000	51 186 000	81 873 000
Total Current Debt	3 624 664 000	3 413 576 000	3 409 922 000	3 100 301 000
Total Equity and Debt	4 317 040 000	4 053 259 000	4 006 239 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	94 871 000	98 395 000	85 405 000	118 366 000
Cost of Goods Sold	0	0	0	0
Salary Costs	22 956 000	25 741 000	19 820 000	20 871 000
Depreciation	1 922 000	1 980 000	1 926 000	1 805 000
Impairment	0	0	0	0
Expenditure	56 487 000	56 916 000	49 920 000	46 885 000
Operating Profit	46 133 000	47 996 000	42 373 000	71 481 000
Financial Income	0	0	0	0
Financial Costs	3 032 000	−1 075 000	1 609 000	−7 476 000
Financial Balance	−3 032 000	1 075 000	−1 609 000	7 476 000
Dividends	0	0	0	0
Net Income	58 603 000	42 213 000	34 797 000	68 426 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	43 480 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	2 880 000
Total Tangible Assets	42 950 000	44 943 000	46 923 000	46 360 000
Total Fiancial Fixed Assets	161 764 000	136 250 000	175 115 000	172 839 000
Total Fixed Assets	204 714 000	181 193 000	222 038 000	219 199 000
Stock	0	0	0	0
Total Investments	515 504 000	620 012 000	580 668 000	262 644 000
Cash, Bank	0	0	0	0
Total Current Assets	4 079 925 000	3 868 665 000	3 781 197 000	3 388 940 000
Total Assets	4 317 040 000	4 053 259 000	4 006 239 000	3 608 139 000
Total Equity	625 804 000	570 619 000	530 270 000	425 965 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	51 904 000	52 423 000	51 186 000	81 873 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 636 424 000	3 428 464 000	3 337 863 000	3 099 134 000
Total Current Debt	3 624 664 000	3 413 576 000	3 409 922 000	3 100 301 000
Total Equity and Debt	4 317 040 000	4 053 259 000	4 006 239 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	9,36 %	7,4 %	6,56 %	16,06 %
Debt-to-Equity Ratio	0,08	0,09	0,1	0,19
Operating Profit Margin	48,63 %	48,78 %	49,61 %	60,39 %
Current Ratio	1,13	1,13	1,11	1,09
Quick Ratio	1,13	1,13	1,11	1,09
Equity Ratio	0,14	0,14	0,13	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %