STORM & BULL SHIPPING AS

5525 HAUGESUND

Finances

Share Ownership

Return on Equity

−81,3 %

Current Ratio

1,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 112 000	5 856 000	5 778 000	9 211 000
Net Income	−813 000	292 000	844 000	2 211 000
Total Assets	3 745 000	4 812 000	3 812 000	6 773 000
Total Equity	1 000 000	1 000 000	1 000 000	1 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 112 000	5 856 000	5 778 000	9 211 000
Expenditure	5 148 000	5 486 000	5 314 000	6 435 000
Operating Profit	−1 036 000	370 000	464 000	2 775 000
Financial Income	102 000	120 000	803 000	125 000
Financial Costs	89 000	114 000	181 000	27 000
Financial Balance	13 000	6 000	622 000	98 000
Earnings Before Tax	−1 023 000	376 000	1 086 000	2 874 000
Tax	−210 000	84 000	242 000	663 000
Net Income	−813 000	292 000	844 000	2 211 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	6 000	7 000	9 000
Total Current Assets	3 740 000	4 807 000	3 805 000	6 764 000
Total Assets	3 745 000	4 812 000	3 812 000	6 773 000
Total Retained Equity	0	0	0	0
Total Equity	1 000 000	1 000 000	1 000 000	1 000 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 745 000	3 812 000	2 812 000	5 773 000
Total Equity and Debt	3 745 000	4 812 000	3 812 000	6 773 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 799 000	5 849 000	5 778 000	9 211 000
Other Income	313 000	7 000	0	0
Revenue	4 112 000	5 856 000	5 778 000	9 211 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 667 000	4 331 000	4 234 000	5 019 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 148 000	5 486 000	5 314 000	6 435 000
Operating Profit	−1 036 000	370 000	464 000	2 775 000
Financial Income	102 000	120 000	803 000	125 000
Financial Costs	89 000	114 000	181 000	27 000
Financial Balance	13 000	6 000	622 000	98 000
Dividends	0	0	0	0
Net Income	−813 000	292 000	844 000	2 211 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	6 000	7 000	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	6 000	7 000	9 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	677 000	2 536 000	1 173 000	313 000
Total Current Assets	3 740 000	4 807 000	3 805 000	6 764 000
Total Assets	3 745 000	4 812 000	3 812 000	6 773 000
Total Equity	1 000 000	1 000 000	1 000 000	1 000 000
Short-Term Group Debt	0	375 000	1 091 000	3 003 000
Total Long-Term Debt	0	0	0	0
Creditors	184 000	123 000	147 000	159 000
Unpaid Taxes	325 000	424 000	663 000	595 000
Dividends	0	0	0	0
Other Current Debt	2 235 000	2 890 000	912 000	2 016 000
Total Current Debt	2 745 000	3 812 000	2 812 000	5 773 000
Total Equity and Debt	3 745 000	4 812 000	3 812 000	6 773 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−81,3 %	29,2 %	84,4 %	221,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−25,19 %	6,32 %	8,03 %	30,13 %
Current Ratio	1,36	1,26	1,35	1,17
Quick Ratio	1,36	1,26	1,35	1,17
Equity Ratio	0,27	0,21	0,26	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %