STORVIK AS

7340 OPPDAL

Finances

Return on Equity

−51,71 %

Current Ratio

2,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 000	361 000	851 000	892 000
Net Income	−1 148 000	−370 000	−4 707 000	−1 536 000
Total Assets	3 148 000	5 651 000	6 878 000	12 223 000
Total Equity	2 220 000	3 368 000	6 216 000	10 923 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 000	361 000	851 000	892 000
Expenditure	1 094 000	1 003 000	1 271 000	2 509 000
Operating Profit	−1 074 000	−642 000	−420 000	−1 617 000
Financial Income	0	740 000	0	102 000
Financial Costs	57 000	468 000	4 286 000	21 000
Financial Balance	−57 000	272 000	−4 286 000	81 000
Earnings Before Tax	−1 131 000	−370 000	−4 707 000	−1 536 000
Tax	17 000	0	0	0
Net Income	−1 148 000	−370 000	−4 707 000	−1 536 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	834 000	2 072 000	4 487 000	8 865 000
Total Current Assets	2 314 000	3 578 000	2 391 000	3 358 000
Total Assets	3 148 000	5 651 000	6 878 000	12 223 000
Total Retained Equity	94 000	1 242 000	2 812 000	7 518 000
Total Equity	2 220 000	3 368 000	6 216 000	10 923 000
Total Long-Term Debt	0	0	425 000	597 000
Total Current Debt	928 000	2 283 000	237 000	704 000
Total Equity and Debt	3 148 000	5 651 000	6 878 000	12 223 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	257 000	851 000	892 000
Other Income	20 000	104 000	0	0
Revenue	20 000	361 000	851 000	892 000
Cost of Goods Sold	0	0	0	6 000
Salary Costs	779 000	464 000	753 000	1 155 000
Depreciation	57 000	54 000	121 000	119 000
Impairment	0	0	0	0
Expenditure	1 094 000	1 003 000	1 271 000	2 509 000
Operating Profit	−1 074 000	−642 000	−420 000	−1 617 000
Financial Income	0	740 000	0	102 000
Financial Costs	57 000	468 000	4 286 000	21 000
Financial Balance	−57 000	272 000	−4 286 000	81 000
Dividends	0	0	0	0
Net Income	−1 148 000	−370 000	−4 707 000	−1 536 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	493 000	0	0	0
Machinery and Plant Facilities	0	6 000	555 000	670 000
Fixtures	125 000	122 000	63 000	69 000
Total Tangible Assets	619 000	128 000	618 000	739 000
Total Fiancial Fixed Assets	215 000	1 945 000	3 869 000	8 126 000
Total Fixed Assets	834 000	2 072 000	4 487 000	8 865 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 264 000	3 491 000	439 000	1 803 000
Total Current Assets	2 314 000	3 578 000	2 391 000	3 358 000
Total Assets	3 148 000	5 651 000	6 878 000	12 223 000
Total Equity	2 220 000	3 368 000	6 216 000	10 923 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	425 000	597 000
Creditors	66 000	10 000	22 000	424 000
Unpaid Taxes	54 000	96 000	113 000	144 000
Dividends	0	0	0	0
Other Current Debt	808 000	2 177 000	102 000	136 000
Total Current Debt	928 000	2 283 000	237 000	704 000
Total Equity and Debt	3 148 000	5 651 000	6 878 000	12 223 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−51,71 %	−10,99 %	−75,72 %	−14,06 %
Debt-to-Equity Ratio	0	0	0,07	0,05
Operating Profit Margin	−5 370 %	−177,84 %	−49,35 %	−181,28 %
Current Ratio	2,49	1,57	10,09	4,77
Quick Ratio	2,49	1,57	10,09	4,77
Equity Ratio	0,71	0,6	0,9	0,89
Gross Profit Margin	100 %	100 %	100 %	99,33 %