STORØYA 1 BORETTSLAG

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

−11,37 %

Current Ratio

3,83

Debt-to-Equity Ratio

−2,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	902 000	886 000	886 000	842 000
Net Income	154 000	177 000	215 000	215 000
Total Assets	1 703 000	1 704 000	1 719 000	1 708 000
Total Equity	−1 355 000	−1 510 000	−1 687 000	−1 902 000

Income (NOK)	2022	2021	2020	2019
Revenue	902 000	886 000	886 000	842 000
Expenditure	691 000	646 000	608 000	581 000
Operating Profit	211 000	236 000	277 000	262 000
Financial Income	4 000	1 000	1 000	3 000
Financial Costs	61 000	60 000	63 000	49 000
Financial Balance	−57 000	−59 000	−62 000	−46 000
Earnings Before Tax	154 000	180 000	215 000	215 000
Tax	0	0	0	0
Net Income	154 000	177 000	215 000	215 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 266 000	1 266 000	1 266 000	1 266 000
Total Current Assets	437 000	438 000	453 000	443 000
Total Assets	1 703 000	1 704 000	1 719 000	1 708 000
Total Retained Equity	−1 357 000	−1 511 000	−1 689 000	−1 904 000
Total Equity	−1 355 000	−1 510 000	−1 687 000	−1 902 000
Total Long-Term Debt	2 944 000	3 142 000	3 343 000	3 539 000
Total Current Debt	114 000	71 000	63 000	71 000
Total Equity and Debt	1 703 000	1 704 000	1 719 000	1 708 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	902 000	886 000	886 000	842 000
Revenue	902 000	886 000	886 000	842 000
Cost of Goods Sold	0	0	0	0
Salary Costs	27 000	26 000	26 000	26 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	691 000	646 000	608 000	581 000
Operating Profit	211 000	236 000	277 000	262 000
Financial Income	4 000	1 000	1 000	3 000
Financial Costs	61 000	60 000	63 000	49 000
Financial Balance	−57 000	−59 000	−62 000	−46 000
Dividends	0	0	0	0
Net Income	154 000	177 000	215 000	215 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 266 000	1 266 000	1 266 000	1 266 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 266 000	1 266 000	1 266 000	1 266 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 266 000	1 266 000	1 266 000	1 266 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	367 000	373 000	392 000	385 000
Total Current Assets	437 000	438 000	453 000	443 000
Total Assets	1 703 000	1 704 000	1 719 000	1 708 000
Total Equity	−1 355 000	−1 510 000	−1 687 000	−1 902 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 944 000	3 142 000	3 343 000	3 539 000
Creditors	114 000	68 000	63 000	70 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	3 000	0	1 000
Total Current Debt	114 000	71 000	63 000	71 000
Total Equity and Debt	1 703 000	1 704 000	1 719 000	1 708 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,37 %	−11,72 %	−12,74 %	−11,3 %
Debt-to-Equity Ratio	−2,17	−2,08	−1,98	−1,86
Operating Profit Margin	23,39 %	26,64 %	31,26 %	31,12 %
Current Ratio	3,83	6,17	7,19	6,24
Quick Ratio	3,83	6,17	7,19	6,24
Equity Ratio	−0,8	−0,89	−0,98	−1,11
Gross Profit Margin	100 %	100 %	100 %	100 %