STORGATENS GLASSMAGASIN AS

9405 HARSTAD

Finances

Return on Equity

−38,54 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 114 000	7 273 000	7 496 000	6 355 000
Net Income	−397 000	124 000	821 000	−52 000
Total Assets	2 861 000	2 781 000	2 543 000	2 226 000
Total Equity	1 030 000	1 199 000	1 075 000	254 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 114 000	7 273 000	7 496 000	6 355 000
Expenditure	6 530 000	7 043 000	6 621 000	6 328 000
Operating Profit	−416 000	230 000	875 000	27 000
Financial Income	1 000	1 000	4 000	0
Financial Costs	94 000	72 000	76 000	138 000
Financial Balance	−93 000	−71 000	−72 000	−138 000
Earnings Before Tax	−509 000	159 000	803 000	−111 000
Tax	−112 000	35 000	−18 000	−59 000
Net Income	−397 000	124 000	821 000	−52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	122 000	50 000	56 000	47 000
Total Current Assets	2 739 000	2 731 000	2 487 000	2 179 000
Total Assets	2 861 000	2 781 000	2 543 000	2 226 000
Total Retained Equity	280 000	449 000	325 000	−496 000
Total Equity	1 030 000	1 199 000	1 075 000	254 000
Total Long-Term Debt	0	0	0	54 000
Total Current Debt	1 831 000	1 582 000	1 468 000	1 918 000
Total Equity and Debt	2 861 000	2 781 000	2 543 000	2 226 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 114 000	7 273 000	7 496 000	6 355 000
Other Income	0	0	0	0
Revenue	6 114 000	7 273 000	7 496 000	6 355 000
Cost of Goods Sold	3 009 000	3 384 000	3 664 000	3 107 000
Salary Costs	2 233 000	2 316 000	1 771 000	1 909 000
Depreciation	17 000	11 000	9 000	13 000
Impairment	0	0	0	0
Expenditure	6 530 000	7 043 000	6 621 000	6 328 000
Operating Profit	−416 000	230 000	875 000	27 000
Financial Income	1 000	1 000	4 000	0
Financial Costs	94 000	72 000	76 000	138 000
Financial Balance	−93 000	−71 000	−72 000	−138 000
Dividends	0	0	0	0
Net Income	−397 000	124 000	821 000	−52 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	48 000	0	18 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	69 000	44 000	32 000	41 000
Total Tangible Assets	69 000	44 000	32 000	41 000
Total Fiancial Fixed Assets	6 000	6 000	6 000	6 000
Total Fixed Assets	122 000	50 000	56 000	47 000
Stock	2 170 000	2 130 000	1 907 000	1 661 000
Total Investments	0	0	0	0
Cash, Bank	103 000	467 000	299 000	111 000
Total Current Assets	2 739 000	2 731 000	2 487 000	2 179 000
Total Assets	2 861 000	2 781 000	2 543 000	2 226 000
Total Equity	1 030 000	1 199 000	1 075 000	254 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	54 000
Creditors	459 000	448 000	200 000	351 000
Unpaid Taxes	434 000	618 000	587 000	543 000
Dividends	0	0	0	0
Other Current Debt	507 000	499 000	456 000	444 000
Total Current Debt	1 831 000	1 582 000	1 468 000	1 918 000
Total Equity and Debt	2 861 000	2 781 000	2 543 000	2 226 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−38,54 %	10,34 %	76,37 %	−20,47 %
Debt-to-Equity Ratio	0	0	0	0,21
Operating Profit Margin	−6,8 %	3,16 %	11,67 %	0,42 %
Current Ratio	1,5	1,73	1,69	1,14
Quick Ratio	−8,08	−4,98	−5,67	8,48
Equity Ratio	0,36	0,43	0,42	0,11
Gross Profit Margin	50,79 %	53,47 %	51,12 %	51,11 %