STORVATN VASSVERK SA

9050 STORSTEINNES

Finances

Share Ownership

Return on Equity

14,4 %

Current Ratio

6,29

Debt-to-Equity Ratio

0,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 324 000	6 120 000	5 947 000	4 917 000
Net Income	2 805 000	2 119 000	1 937 000	943 000
Total Assets	35 781 000	33 228 000	29 740 000	26 010 000
Total Equity	19 475 000	16 670 000	14 551 000	12 614 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 324 000	6 120 000	5 947 000	4 917 000
Expenditure	4 078 000	3 588 000	3 640 000	3 534 000
Operating Profit	3 246 000	2 532 000	2 307 000	1 382 000
Financial Income	103 000	8 000	14 000	13 000
Financial Costs	544 000	421 000	384 000	452 000
Financial Balance	−441 000	−413 000	−370 000	−439 000
Earnings Before Tax	2 805 000	2 119 000	1 937 000	943 000
Tax	0	0	0	0
Net Income	2 805 000	2 119 000	1 937 000	943 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 833 000	26 182 000	25 576 000	21 345 000
Total Current Assets	10 947 000	7 046 000	4 163 000	4 665 000
Total Assets	35 781 000	33 228 000	29 740 000	26 010 000
Total Retained Equity	19 475 000	16 670 000	14 551 000	12 614 000
Total Equity	19 475 000	16 670 000	14 551 000	12 614 000
Total Long-Term Debt	14 565 000	15 725 000	12 025 000	12 675 000
Total Current Debt	1 741 000	833 000	3 164 000	721 000
Total Equity and Debt	35 781 000	33 228 000	29 740 000	26 010 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 324 000	6 120 000	5 947 000	4 917 000
Other Income	0	0	0	0
Revenue	7 324 000	6 120 000	5 947 000	4 917 000
Cost of Goods Sold	0	0	0	0
Salary Costs	422 000	228 000	212 000	348 000
Depreciation	1 496 000	1 606 000	952 000	1 042 000
Impairment	0	0	0	0
Expenditure	4 078 000	3 588 000	3 640 000	3 534 000
Operating Profit	3 246 000	2 532 000	2 307 000	1 382 000
Financial Income	103 000	8 000	14 000	13 000
Financial Costs	544 000	421 000	384 000	452 000
Financial Balance	−441 000	−413 000	−370 000	−439 000
Dividends	0	0	0	0
Net Income	2 805 000	2 119 000	1 937 000	943 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	24 679 000	25 989 000	25 335 000	21 044 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	154 000	193 000	241 000	301 000
Total Tangible Assets	24 833 000	26 182 000	25 576 000	21 345 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 833 000	26 182 000	25 576 000	21 345 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 827 000	4 085 000	1 708 000	2 748 000
Total Current Assets	10 947 000	7 046 000	4 163 000	4 665 000
Total Assets	35 781 000	33 228 000	29 740 000	26 010 000
Total Equity	19 475 000	16 670 000	14 551 000	12 614 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 565 000	15 725 000	12 025 000	12 675 000
Creditors	576 000	98 000	1 569 000	42 000
Unpaid Taxes	773 000	481 000	−25 000	393 000
Dividends	0	0	0	0
Other Current Debt	392 000	254 000	197 000	286 000
Total Current Debt	1 741 000	833 000	3 164 000	721 000
Total Equity and Debt	35 781 000	33 228 000	29 740 000	26 010 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,4 %	12,71 %	13,31 %	7,48 %
Debt-to-Equity Ratio	0,75	0,94	0,83	1
Operating Profit Margin	44,32 %	41,37 %	38,79 %	28,11 %
Current Ratio	6,29	8,46	1,32	6,47
Quick Ratio	6,29	8,46	1,32	6,47
Equity Ratio	0,54	0,5	0,49	0,48
Gross Profit Margin	100 %	100 %	100 %	100 %