STORMGEO AS

5011 BERGEN

Finances

Return on Equity

17,12 %

Current Ratio

3,13

Debt-to-Equity Ratio

2,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	137 367 000	117 000 000	122 351 000	122 358 000
Net Income	36 507 000	9 433 000	61 748 000	12 757 000
Total Assets	731 827 000	653 723 000	887 187 000	915 023 000
Total Equity	213 260 000	372 635 000	540 643 000	182 831 000

Income (NOK)	2022	2021	2020	2019
Revenue	137 367 000	117 000 000	122 351 000	122 358 000
Expenditure	98 011 000	99 662 000	72 443 000	82 951 000
Operating Profit	39 355 000	17 338 000	49 909 000	39 407 000
Financial Income	109 735 000	38 413 000	64 950 000	54 949 000
Financial Costs	103 965 000	45 264 000	38 212 000	77 960 000
Financial Balance	5 770 000	−6 851 000	26 738 000	−23 011 000
Earnings Before Tax	45 125 000	10 487 000	76 647 000	16 396 000
Tax	8 618 000	1 054 000	14 898 000	3 639 000
Net Income	36 507 000	9 433 000	61 748 000	12 757 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	448 028 000	353 844 000	694 781 000	651 291 000
Total Current Assets	283 799 000	299 880 000	192 406 000	263 732 000
Total Assets	731 827 000	653 723 000	887 187 000	915 023 000
Total Retained Equity	200 664 000	−138 644 000	29 364 000	−28 448 000
Total Equity	213 260 000	372 635 000	540 643 000	182 831 000
Total Long-Term Debt	427 876 000	207 276 000	257 292 000	610 546 000
Total Current Debt	90 692 000	73 812 000	89 252 000	121 646 000
Total Equity and Debt	731 827 000	653 723 000	887 187 000	915 023 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	137 367 000	117 000 000	122 351 000	122 358 000
Other Income	0	0	0	0
Revenue	137 367 000	117 000 000	122 351 000	122 358 000
Cost of Goods Sold	9 961 000	11 418 000	21 217 000	21 659 000
Salary Costs	107 842 000	115 245 000	88 017 000	101 668 000
Depreciation	67 267 000	60 486 000	55 251 000	44 247 000
Impairment	1 307 000	0	0	0
Expenditure	98 011 000	99 662 000	72 443 000	82 951 000
Operating Profit	39 355 000	17 338 000	49 909 000	39 407 000
Financial Income	109 735 000	38 413 000	64 950 000	54 949 000
Financial Costs	103 965 000	45 264 000	38 212 000	77 960 000
Financial Balance	5 770 000	−6 851 000	26 738 000	−23 011 000
Dividends	0	0	0	0
Net Income	36 507 000	9 433 000	61 748 000	12 757 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	13 138 000	17 917 000	22 696 000	5 863 000
Total Intangible Assets	200 751 000	201 111 000	204 988 000	201 103 000
Real Eastate	0	5 000	9 000	0
Machinery and Plant Facilities	0	0	0	10 413 000
Fixtures	7 427 000	7 162 000	9 851 000	0
Total Tangible Assets	7 428 000	7 167 000	9 860 000	10 413 000
Total Fiancial Fixed Assets	239 850 000	145 566 000	479 933 000	439 775 000
Total Fixed Assets	448 028 000	353 844 000	694 781 000	651 291 000
Stock	438 000	0	92 000	1 744 000
Total Investments	0	0	0	0
Cash, Bank	102 451 000	7 512 000	23 231 000	64 018 000
Total Current Assets	283 799 000	299 880 000	192 406 000	263 732 000
Total Assets	731 827 000	653 723 000	887 187 000	915 023 000
Total Equity	213 260 000	372 635 000	540 643 000	182 831 000
Short-Term Group Debt	1 000 000	0	4 789 000	70 057 000
Total Long-Term Debt	427 876 000	207 276 000	257 292 000	610 546 000
Creditors	34 398 000	29 671 000	56 481 000	11 882 000
Unpaid Taxes	4 948 000	5 207 000	3 832 000	7 732 000
Dividends	0	0	0	0
Other Current Debt	33 482 000	34 091 000	24 150 000	31 975 000
Total Current Debt	90 692 000	73 812 000	89 252 000	121 646 000
Total Equity and Debt	731 827 000	653 723 000	887 187 000	915 023 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,12 %	2,53 %	11,42 %	6,98 %
Debt-to-Equity Ratio	2,01	0,56	0,48	3,34
Operating Profit Margin	28,65 %	14,82 %	40,79 %	32,21 %
Current Ratio	3,13	4,06	2,16	2,17
Quick Ratio	3,14	4,06	2,16	2,2
Equity Ratio	0,29	0,57	0,61	0,2
Gross Profit Margin	92,75 %	90,24 %	82,66 %	82,3 %