STORESUND EIENDOM AS

5516 HAUGESUND

Finances

Share Ownership

Return on Equity

22,45 %

Current Ratio

6,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 209 000	1 178 000	1 205 000	1 147 000
Net Income	820 000	746 000	751 000	708 000
Total Assets	3 894 000	3 059 000	4 016 000	3 765 000
Total Equity	3 653 000	2 833 000	2 386 000	1 736 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 209 000	1 178 000	1 205 000	1 147 000
Expenditure	169 000	197 000	201 000	186 000
Operating Profit	1 040 000	980 000	1 005 000	961 000
Financial Income	12 000	9 000	11 000	9 000
Financial Costs	0	32 000	54 000	63 000
Financial Balance	12 000	−23 000	−43 000	−54 000
Earnings Before Tax	1 052 000	957 000	962 000	908 000
Tax	231 000	211 000	212 000	200 000
Net Income	820 000	746 000	751 000	708 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 307 000	2 425 000	2 543 000	2 661 000
Total Current Assets	1 587 000	634 000	1 473 000	1 104 000
Total Assets	3 894 000	3 059 000	4 016 000	3 765 000
Total Retained Equity	3 309 000	2 489 000	2 042 000	1 392 000
Total Equity	3 653 000	2 833 000	2 386 000	1 736 000
Total Long-Term Debt	0	6 000	1 329 000	1 620 000
Total Current Debt	240 000	220 000	300 000	409 000
Total Equity and Debt	3 894 000	3 059 000	4 016 000	3 765 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 209 000	1 178 000	1 205 000	1 147 000
Other Income	0	0	0	0
Revenue	1 209 000	1 178 000	1 205 000	1 147 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	1 000	1 000
Depreciation	118 000	118 000	118 000	118 000
Impairment	0	0	0	0
Expenditure	169 000	197 000	201 000	186 000
Operating Profit	1 040 000	980 000	1 005 000	961 000
Financial Income	12 000	9 000	11 000	9 000
Financial Costs	0	32 000	54 000	63 000
Financial Balance	12 000	−23 000	−43 000	−54 000
Dividends	0	0	0	0
Net Income	820 000	746 000	751 000	708 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	150 000	150 000	150 000	150 000
Machinery and Plant Facilities	2 157 000	2 275 000	2 393 000	2 511 000
Fixtures	0	0	0	0
Total Tangible Assets	2 307 000	2 425 000	2 543 000	2 661 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 307 000	2 425 000	2 543 000	2 661 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 576 000	624 000	1 421 000	1 094 000
Total Current Assets	1 587 000	634 000	1 473 000	1 104 000
Total Assets	3 894 000	3 059 000	4 016 000	3 765 000
Total Equity	3 653 000	2 833 000	2 386 000	1 736 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	6 000	1 329 000	1 620 000
Creditors	1 000	1 000	0	1 000
Unpaid Taxes	1 000	1 000	1 000	2 000
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	82 000	3 000
Total Current Debt	240 000	220 000	300 000	409 000
Total Equity and Debt	3 894 000	3 059 000	4 016 000	3 765 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,45 %	26,33 %	31,48 %	40,78 %
Debt-to-Equity Ratio	0	0	0,56	0,93
Operating Profit Margin	86,02 %	83,19 %	83,4 %	83,78 %
Current Ratio	6,61	2,88	4,91	2,7
Quick Ratio	6,61	2,88	4,91	2,7
Equity Ratio	0,94	0,93	0,59	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %