TORE STRØMØY AS

7033 TRONDHEIM

Finances

Share Ownership

Return on Equity

8,41 %

Current Ratio

2,2

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 672 000	1 125 000	1 201 000	1 305 000
Net Income	271 000	3 648 000	173 000	167 000
Total Assets	5 061 000	6 508 000	3 357 000	3 179 000
Total Equity	3 222 000	3 951 000	2 304 000	2 130 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 672 000	1 125 000	1 201 000	1 305 000
Expenditure	1 324 000	1 048 000	980 000	1 090 000
Operating Profit	349 000	78 000	221 000	215 000
Financial Income	0	3 587 000	1 000	1 000
Financial Costs	1 000	0	0	2 000
Financial Balance	−1 000	3 587 000	1 000	−1 000
Earnings Before Tax	348 000	3 665 000	222 000	215 000
Tax	77 000	17 000	49 000	47 000
Net Income	271 000	3 648 000	173 000	167 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 086 000	1 101 000	1 150 000	1 170 000
Total Current Assets	3 976 000	5 407 000	2 207 000	2 009 000
Total Assets	5 061 000	6 508 000	3 357 000	3 179 000
Total Retained Equity	2 922 000	3 651 000	2 004 000	1 830 000
Total Equity	3 222 000	3 951 000	2 304 000	2 130 000
Total Long-Term Debt	34 000	33 000	33 000	33 000
Total Current Debt	1 805 000	2 524 000	1 021 000	1 016 000
Total Equity and Debt	5 061 000	6 508 000	3 357 000	3 179 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 672 000	1 125 000	1 201 000	1 305 000
Other Income	0	0	0	0
Revenue	1 672 000	1 125 000	1 201 000	1 305 000
Cost of Goods Sold	63 000	0	0	0
Salary Costs	857 000	869 000	859 000	883 000
Depreciation	15 000	19 000	21 000	21 000
Impairment	0	0	0	0
Expenditure	1 324 000	1 048 000	980 000	1 090 000
Operating Profit	349 000	78 000	221 000	215 000
Financial Income	0	3 587 000	1 000	1 000
Financial Costs	1 000	0	0	2 000
Financial Balance	−1 000	3 587 000	1 000	−1 000
Dividends	1 000 000	0	0	0
Net Income	271 000	3 648 000	173 000	167 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 086 000	1 101 000	1 116 000	1 130 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	4 000	10 000
Total Tangible Assets	1 086 000	1 101 000	1 120 000	1 140 000
Total Fiancial Fixed Assets	0	0	30 000	30 000
Total Fixed Assets	1 086 000	1 101 000	1 150 000	1 170 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 961 000	5 040 000	1 929 000	1 733 000
Total Current Assets	3 976 000	5 407 000	2 207 000	2 009 000
Total Assets	5 061 000	6 508 000	3 357 000	3 179 000
Total Equity	3 222 000	3 951 000	2 304 000	2 130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	34 000	33 000	33 000	33 000
Creditors	15 000	12 000	14 000	16 000
Unpaid Taxes	143 000	59 000	201 000	194 000
Dividends	1 000 000	0	0	0
Other Current Debt	572 000	2 435 000	756 000	760 000
Total Current Debt	1 805 000	2 524 000	1 021 000	1 016 000
Total Equity and Debt	5 061 000	6 508 000	3 357 000	3 179 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,41 %	92,33 %	7,51 %	7,84 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,02
Operating Profit Margin	20,87 %	6,93 %	18,4 %	16,48 %
Current Ratio	2,2	2,14	2,16	1,98
Quick Ratio	2,2	2,14	2,16	1,98
Equity Ratio	0,64	0,61	0,69	0,67
Gross Profit Margin	96,23 %	100 %	100 %	100 %