STRATUM RESERVOIR (NORWAY) AS

4033 STAVANGER

Finances

Return on Equity

18,82 %

Current Ratio

3,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	254 240 000	228 421 000	225 175 000	182 272 000
Net Income	28 555 000	11 265 000	24 959 000	45 297 000
Total Assets	207 075 000	193 307 000	140 655 000	105 830 000
Total Equity	151 753 000	123 198 000	98 173 000	74 040 000

Income (NOK)	2022	2021	2020	2019
Revenue	254 240 000	228 421 000	225 175 000	182 272 000
Expenditure	207 529 000	189 384 000	189 011 000	140 427 000
Operating Profit	46 711 000	39 037 000	36 165 000	41 845 000
Financial Income	9 532 000	456 000	5 586 000	22 091 000
Financial Costs	14 699 000	17 903 000	7 980 000	7 977 000
Financial Balance	−5 167 000	−17 447 000	−2 394 000	14 114 000
Earnings Before Tax	41 544 000	21 589 000	33 770 000	55 959 000
Tax	12 989 000	10 324 000	8 811 000	10 662 000
Net Income	28 555 000	11 265 000	24 959 000	45 297 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 024 000	42 104 000	48 680 000	46 266 000
Total Current Assets	178 051 000	151 203 000	91 976 000	59 564 000
Total Assets	207 075 000	193 307 000	140 655 000	105 830 000
Total Retained Equity	135 977 000	0	96 564 000	72 431 000
Total Equity	151 753 000	123 198 000	98 173 000	74 040 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	55 322 000	70 109 000	42 482 000	31 790 000
Total Equity and Debt	207 075 000	193 307 000	140 655 000	105 830 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	254 240 000	228 421 000	225 175 000	182 272 000
Other Income	0	0	0	0
Revenue	254 240 000	228 421 000	225 175 000	182 272 000
Cost of Goods Sold	34 244 000	36 246 000	41 468 000	32 341 000
Salary Costs	99 395 000	94 306 000	82 573 000	65 031 000
Depreciation	9 740 000	7 193 000	6 630 000	6 451 000
Impairment	0	0	0	0
Expenditure	207 529 000	189 384 000	189 011 000	140 427 000
Operating Profit	46 711 000	39 037 000	36 165 000	41 845 000
Financial Income	9 532 000	456 000	5 586 000	22 091 000
Financial Costs	14 699 000	17 903 000	7 980 000	7 977 000
Financial Balance	−5 167 000	−17 447 000	−2 394 000	14 114 000
Dividends	0	0	0	0
Net Income	28 555 000	11 265 000	24 959 000	45 297 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 338 000	2 307 000	1 955 000	1 819 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	19 607 000	23 820 000	23 836 000	18 913 000
Fixtures	0	0	0	0
Total Tangible Assets	19 607 000	23 820 000	23 836 000	18 913 000
Total Fiancial Fixed Assets	7 080 000	15 978 000	22 889 000	25 533 000
Total Fixed Assets	29 024 000	42 104 000	48 680 000	46 266 000
Stock	112 000	1 392 000	634 000	350 000
Total Investments	0	0	0	0
Cash, Bank	8 395 000	27 334 000	32 318 000	13 955 000
Total Current Assets	178 051 000	151 203 000	91 976 000	59 564 000
Total Assets	207 075 000	193 307 000	140 655 000	105 830 000
Total Equity	151 753 000	123 198 000	98 173 000	74 040 000
Short-Term Group Debt	0	14 925 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 834 000	25 289 000	7 515 000	2 548 000
Unpaid Taxes	7 618 000	5 530 000	6 738 000	5 215 000
Dividends	0	0	0	0
Other Current Debt	33 372 000	16 095 000	19 148 000	13 985 000
Total Current Debt	55 322 000	70 109 000	42 482 000	31 790 000
Total Equity and Debt	207 075 000	193 307 000	140 655 000	105 830 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,82 %	9,14 %	25,42 %	61,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,37 %	17,09 %	16,06 %	22,96 %
Current Ratio	3,22	2,16	2,17	1,87
Quick Ratio	3,22	2,2	2,2	1,89
Equity Ratio	0,73	0,64	0,7	0,7
Gross Profit Margin	86,53 %	84,13 %	81,58 %	82,26 %