STORFJORDSAMBANDET AS

6230 SYKKYLVEN

Finances

Share Ownership

Return on Equity

14,22 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 200 000	570 000	835 000	300 000
Net Income	30 000	75 000	22 000	−10 000
Total Assets	1 912 000	1 030 000	1 009 000	929 000
Total Equity	211 000	181 000	106 000	84 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 200 000	570 000	835 000	300 000
Expenditure	1 337 000	501 000	809 000	594 000
Operating Profit	29 000	69 000	26 000	−8 000
Financial Income	1 000	8 000	0	2 000
Financial Costs	0	2 000	4 000	4 000
Financial Balance	1 000	6 000	−4 000	−2 000
Earnings Before Tax	30 000	75 000	22 000	−10 000
Tax	0	0	0	0
Net Income	30 000	75 000	22 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 912 000	1 030 000	1 009 000	929 000
Total Assets	1 912 000	1 030 000	1 009 000	929 000
Total Retained Equity	29 000	−1 335 000	−1 410 000	−1 432 000
Total Equity	211 000	181 000	106 000	84 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 701 000	849 000	902 000	845 000
Total Equity and Debt	1 912 000	1 030 000	1 009 000	929 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	975 000	570 000	835 000	300 000
Other Income	225 000	0	0	0
Revenue	1 200 000	570 000	835 000	300 000
Cost of Goods Sold	1 119 000	313 000	490 000	286 000
Salary Costs	57 000	55 000	60 000	51 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 337 000	501 000	809 000	594 000
Operating Profit	29 000	69 000	26 000	−8 000
Financial Income	1 000	8 000	0	2 000
Financial Costs	0	2 000	4 000	4 000
Financial Balance	1 000	6 000	−4 000	−2 000
Dividends	0	0	0	0
Net Income	30 000	75 000	22 000	−10 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 683 000	1 006 000	529 000	386 000
Total Current Assets	1 912 000	1 030 000	1 009 000	929 000
Total Assets	1 912 000	1 030 000	1 009 000	929 000
Total Equity	211 000	181 000	106 000	84 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	321 000	53 000	7 000	11 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	60 000	59 000	159 000	98 000
Total Current Debt	1 701 000	849 000	902 000	845 000
Total Equity and Debt	1 912 000	1 030 000	1 009 000	929 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,22 %	41,44 %	20,75 %	−11,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,42 %	12,11 %	3,11 %	−2,67 %
Current Ratio	1,12	1,21	1,12	1,1
Quick Ratio	1,12	1,21	1,12	1,1
Equity Ratio	0,11	0,18	0,11	0,09
Gross Profit Margin	6,75 %	45,09 %	41,32 %	4,67 %