REIDAR STORMOENS TRANSPORT AS

2450 RENA

Finances

Share Ownership

Return on Equity

−3,28 %

Current Ratio

2,08

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 837 000	10 373 000	11 366 000	9 701 000
Net Income	−122 000	−1 055 000	649 000	7 000
Total Assets	6 897 000	8 327 000	9 651 000	9 641 000
Total Equity	3 720 000	3 841 000	4 896 000	4 247 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 837 000	10 373 000	11 366 000	9 701 000
Expenditure	10 112 000	11 102 000	10 435 000	9 292 000
Operating Profit	−3 000	−1 180 000	981 000	191 000
Financial Income	5 000	5 000	5 000	9 000
Financial Costs	123 000	147 000	154 000	190 000
Financial Balance	−118 000	−142 000	−149 000	−181 000
Earnings Before Tax	−122 000	−1 322 000	832 000	9 000
Tax	0	−268 000	183 000	2 000
Net Income	−122 000	−1 055 000	649 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 896 000	3 451 000	4 760 000	5 086 000
Total Current Assets	4 001 000	4 876 000	4 892 000	4 555 000
Total Assets	6 897 000	8 327 000	9 651 000	9 641 000
Total Retained Equity	3 620 000	3 741 000	4 796 000	4 147 000
Total Equity	3 720 000	3 841 000	4 896 000	4 247 000
Total Long-Term Debt	1 258 000	1 651 000	2 780 000	3 538 000
Total Current Debt	1 920 000	2 835 000	1 975 000	1 856 000
Total Equity and Debt	6 897 000	8 327 000	9 651 000	9 641 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 837 000	11 367 000	9 306 000	10 014 000
Other Income	0	−994 000	2 060 000	−313 000
Revenue	9 837 000	10 373 000	11 366 000	9 701 000
Cost of Goods Sold	600 000	1 828 000	1 069 000	671 000
Salary Costs	2 679 000	2 929 000	3 100 000	2 746 000
Depreciation	800 000	966 000	1 043 000	1 077 000
Impairment	0	0	0	0
Expenditure	10 112 000	11 102 000	10 435 000	9 292 000
Operating Profit	−3 000	−1 180 000	981 000	191 000
Financial Income	5 000	5 000	5 000	9 000
Financial Costs	123 000	147 000	154 000	190 000
Financial Balance	−118 000	−142 000	−149 000	−181 000
Dividends	0	0	0	0
Net Income	−122 000	−1 055 000	649 000	7 000

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	1 492 000	1 311 000	2 993 000	3 542 000
Fixtures	1 402 000	2 137 000	1 765 000	1 542 000
Total Tangible Assets	2 894 000	3 449 000	4 758 000	5 084 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	2 896 000	3 451 000	4 760 000	5 086 000
Stock	1 024 000	765 000	355 000	306 000
Total Investments	0	0	0	0
Cash, Bank	636 000	217 000	259 000	1 623 000
Total Current Assets	4 001 000	4 876 000	4 892 000	4 555 000
Total Assets	6 897 000	8 327 000	9 651 000	9 641 000
Total Equity	3 720 000	3 841 000	4 896 000	4 247 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 258 000	1 651 000	2 780 000	3 538 000
Creditors	928 000	696 000	1 193 000	845 000
Unpaid Taxes	551 000	429 000	241 000	536 000
Dividends	0	0	0	0
Other Current Debt	441 000	860 000	419 000	474 000
Total Current Debt	1 920 000	2 835 000	1 975 000	1 856 000
Total Equity and Debt	6 897 000	8 327 000	9 651 000	9 641 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,28 %	−27,47 %	13,26 %	0,16 %
Debt-to-Equity Ratio	0,34	0,43	0,57	0,83
Operating Profit Margin	−0,03 %	−11,38 %	8,63 %	1,97 %
Current Ratio	2,08	1,72	2,48	2,45
Quick Ratio	4,47	2,36	3,02	2,94
Equity Ratio	0,54	0,46	0,51	0,44
Gross Profit Margin	93,9 %	82,38 %	90,59 %	93,08 %