STORGATEN 21 AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

2,1 %

Current Ratio

0,52

Debt-to-Equity Ratio

2,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	221 000	230 000	238 000	278 000
Net Income	6 000	63 000	78 000	112 000
Total Assets	987 000	1 015 000	1 076 000	1 097 000
Total Equity	286 000	280 000	218 000	140 000

Income (NOK)	2022	2021	2020	2019
Revenue	221 000	230 000	238 000	278 000
Expenditure	179 000	122 000	104 000	94 000
Operating Profit	42 000	109 000	134 000	184 000
Financial Income	0	0	0	0
Financial Costs	35 000	28 000	35 000	42 000
Financial Balance	−35 000	−28 000	−35 000	−42 000
Earnings Before Tax	8 000	80 000	100 000	143 000
Tax	2 000	18 000	22 000	31 000
Net Income	6 000	63 000	78 000	112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	959 000	983 000	1 006 000	1 030 000
Total Current Assets	28 000	32 000	70 000	67 000
Total Assets	987 000	1 015 000	1 076 000	1 097 000
Total Retained Equity	186 000	180 000	118 000	40 000
Total Equity	286 000	280 000	218 000	140 000
Total Long-Term Debt	647 000	646 000	774 000	896 000
Total Current Debt	54 000	89 000	84 000	61 000
Total Equity and Debt	987 000	1 015 000	1 076 000	1 097 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	221 000	230 000	238 000	278 000
Revenue	221 000	230 000	238 000	278 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	24 000	24 000	24 000	24 000
Impairment	0	0	0	0
Expenditure	179 000	122 000	104 000	94 000
Operating Profit	42 000	109 000	134 000	184 000
Financial Income	0	0	0	0
Financial Costs	35 000	28 000	35 000	42 000
Financial Balance	−35 000	−28 000	−35 000	−42 000
Dividends	0	0	0	0
Net Income	6 000	63 000	78 000	112 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	959 000	983 000	1 006 000	1 030 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	959 000	983 000	1 006 000	1 030 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	959 000	983 000	1 006 000	1 030 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	28 000	32 000	70 000	67 000
Total Current Assets	28 000	32 000	70 000	67 000
Total Assets	987 000	1 015 000	1 076 000	1 097 000
Total Equity	286 000	280 000	218 000	140 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	647 000	646 000	774 000	896 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	50 000	69 000	61 000	61 000
Total Current Debt	54 000	89 000	84 000	61 000
Total Equity and Debt	987 000	1 015 000	1 076 000	1 097 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,1 %	22,5 %	35,78 %	80 %
Debt-to-Equity Ratio	2,26	2,31	3,55	6,4
Operating Profit Margin	19 %	47,39 %	56,3 %	66,19 %
Current Ratio	0,52	0,36	0,83	1,1
Quick Ratio	0,52	0,36	0,83	1,1
Equity Ratio	0,29	0,28	0,2	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %