STORD ENGINEERING AS

5412 STORD

Finances

Share Ownership

Return on Equity

20,05 %

Current Ratio

2,66

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 811 000	8 934 000	7 751 000	5 960 000
Net Income	656 000	917 000	733 000	628 000
Total Assets	4 996 000	4 315 000	3 415 000	2 358 000
Total Equity	3 272 000	2 616 000	1 699 000	966 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 811 000	8 934 000	7 751 000	5 960 000
Expenditure	8 145 000	8 006 000	6 996 000	5 323 000
Operating Profit	665 000	928 000	754 000	637 000
Financial Income	3 000	4 000	1 000	1 000
Financial Costs	12 000	15 000	23 000	9 000
Financial Balance	−9 000	−11 000	−22 000	−8 000
Earnings Before Tax	656 000	917 000	733 000	628 000
Tax	0	0	0	0
Net Income	656 000	917 000	733 000	628 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	685 000	533 000	605 000	133 000
Total Current Assets	4 311 000	3 782 000	2 810 000	2 225 000
Total Assets	4 996 000	4 315 000	3 415 000	2 358 000
Total Retained Equity	3 048 000	2 391 000	1 475 000	742 000
Total Equity	3 272 000	2 616 000	1 699 000	966 000
Total Long-Term Debt	104 000	203 000	298 000	0
Total Current Debt	1 620 000	1 497 000	1 417 000	1 392 000
Total Equity and Debt	4 996 000	4 315 000	3 415 000	2 358 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 811 000	8 934 000	7 751 000	5 960 000
Other Income	0	0	0	0
Revenue	8 811 000	8 934 000	7 751 000	5 960 000
Cost of Goods Sold	1 351 000	1 993 000	845 000	243 000
Salary Costs	5 291 000	4 676 000	4 990 000	4 492 000
Depreciation	157 000	105 000	31 000	0
Impairment	0	0	0	0
Expenditure	8 145 000	8 006 000	6 996 000	5 323 000
Operating Profit	665 000	928 000	754 000	637 000
Financial Income	3 000	4 000	1 000	1 000
Financial Costs	12 000	15 000	23 000	9 000
Financial Balance	−9 000	−11 000	−22 000	−8 000
Dividends	0	0	0	0
Net Income	656 000	917 000	733 000	628 000

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	0	0	0	0
Fixtures	542 000	390 000	462 000	0
Total Tangible Assets	542 000	390 000	462 000	0
Total Fiancial Fixed Assets	143 000	143 000	143 000	133 000
Total Fixed Assets	685 000	533 000	605 000	133 000
Stock	912 000	835 000	733 000	107 000
Total Investments	0	0	0	0
Cash, Bank	2 028 000	1 833 000	1 314 000	1 193 000
Total Current Assets	4 311 000	3 782 000	2 810 000	2 225 000
Total Assets	4 996 000	4 315 000	3 415 000	2 358 000
Total Equity	3 272 000	2 616 000	1 699 000	966 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	104 000	203 000	298 000	0
Creditors	150 000	182 000	153 000	154 000
Unpaid Taxes	935 000	752 000	767 000	728 000
Dividends	0	0	0	0
Other Current Debt	535 000	563 000	498 000	509 000
Total Current Debt	1 620 000	1 497 000	1 417 000	1 392 000
Total Equity and Debt	4 996 000	4 315 000	3 415 000	2 358 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,05 %	35,05 %	43,14 %	65,01 %
Debt-to-Equity Ratio	0,03	0,08	0,18	0
Operating Profit Margin	7,55 %	10,39 %	9,73 %	10,69 %
Current Ratio	2,66	2,53	1,98	1,6
Quick Ratio	6,09	5,71	4,11	1,73
Equity Ratio	0,65	0,61	0,5	0,41
Gross Profit Margin	84,67 %	77,69 %	89,1 %	95,92 %