STRØM SIVERTSEN AS

3915 PORSGRUNN

Finances

Return on Equity

97,34 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 965 000	52 843 000	54 477 000	56 745 000
Net Income	5 006 000	4 989 000	924 000	5 703 000
Total Assets	22 483 000	15 831 000	11 849 000	21 279 000
Total Equity	5 143 000	6 137 000	1 148 000	11 223 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 965 000	52 843 000	54 477 000	56 745 000
Expenditure	59 534 000	46 428 000	53 322 000	49 460 000
Operating Profit	6 432 000	6 414 000	1 155 000	7 285 000
Financial Income	30 000	6 000	53 000	67 000
Financial Costs	103 000	1 000	10 000	15 000
Financial Balance	−73 000	5 000	43 000	52 000
Earnings Before Tax	6 358 000	6 420 000	1 198 000	7 337 000
Tax	1 352 000	1 430 000	274 000	1 634 000
Net Income	5 006 000	4 989 000	924 000	5 703 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 839 000	994 000	302 000	439 000
Total Current Assets	20 644 000	14 837 000	11 547 000	20 840 000
Total Assets	22 483 000	15 831 000	11 849 000	21 279 000
Total Retained Equity	5 043 000	6 037 000	1 048 000	11 123 000
Total Equity	5 143 000	6 137 000	1 148 000	11 223 000
Total Long-Term Debt	8 000	0	0	0
Total Current Debt	17 332 000	9 694 000	10 701 000	10 056 000
Total Equity and Debt	22 483 000	15 831 000	11 849 000	21 279 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	65 965 000	52 843 000	54 347 000	55 644 000
Other Income	0	0	130 000	1 102 000
Revenue	65 965 000	52 843 000	54 477 000	56 745 000
Cost of Goods Sold	38 857 000	26 723 000	33 566 000	27 770 000
Salary Costs	16 963 000	16 069 000	16 019 000	17 960 000
Depreciation	151 000	86 000	137 000	160 000
Impairment	0	0	0	0
Expenditure	59 534 000	46 428 000	53 322 000	49 460 000
Operating Profit	6 432 000	6 414 000	1 155 000	7 285 000
Financial Income	30 000	6 000	53 000	67 000
Financial Costs	103 000	1 000	10 000	15 000
Financial Balance	−73 000	5 000	43 000	52 000
Dividends	6 000 000	0	11 000 000	0
Net Income	5 006 000	4 989 000	924 000	5 703 000

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	1 081 000	230 000	261 000	398 000
Total Tangible Assets	1 081 000	230 000	261 000	398 000
Total Fiancial Fixed Assets	758 000	764 000	41 000	41 000
Total Fixed Assets	1 839 000	994 000	302 000	439 000
Stock	396 000	320 000	483 000	392 000
Total Investments	0	0	0	0
Cash, Bank	5 956 000	7 515 000	3 058 000	12 462 000
Total Current Assets	20 644 000	14 837 000	11 547 000	20 840 000
Total Assets	22 483 000	15 831 000	11 849 000	21 279 000
Total Equity	5 143 000	6 137 000	1 148 000	11 223 000
Short-Term Group Debt	0	0	3 000 000	0
Total Long-Term Debt	8 000	0	0	0
Creditors	10 045 000	2 941 000	2 460 000	2 305 000
Unpaid Taxes	3 486 000	3 479 000	3 106 000	4 072 000
Dividends	6 000 000	0	11 000 000	0
Other Current Debt	2 457 000	1 844 000	1 861 000	2 066 000
Total Current Debt	17 332 000	9 694 000	10 701 000	10 056 000
Total Equity and Debt	22 483 000	15 831 000	11 849 000	21 279 000

Financial indicators	2022	2021	2020	2019
Return on Equity	97,34 %	81,29 %	80,49 %	50,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,75 %	12,14 %	2,12 %	12,84 %
Current Ratio	1,19	1,53	1,08	2,07
Quick Ratio	1,22	1,58	1,13	2,16
Equity Ratio	0,23	0,39	0,1	0,53
Gross Profit Margin	41,09 %	49,43 %	38,39 %	51,06 %