STORESUND SHIPPING AS

4260 TORVASTAD

Finances

Share Ownership

Return on Equity

14,98 %

Current Ratio

5,25

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	193 000	90 000	55 000	213 000
Net Income	105 000	−19 000	−139 000	28 000
Total Assets	766 000	664 000	674 000	883 000
Total Equity	701 000	609 000	663 000	814 000

Income (NOK)	2022	2021	2020	2019
Revenue	193 000	90 000	55 000	213 000
Expenditure	59 000	115 000	233 000	177 000
Operating Profit	134 000	−25 000	−178 000	35 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Earnings Before Tax	135 000	−24 000	−177 000	36 000
Tax	30 000	−5 000	−38 000	8 000
Net Income	105 000	−19 000	−139 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	555 000	580 000	643 000	683 000
Total Current Assets	210 000	84 000	31 000	200 000
Total Assets	766 000	664 000	674 000	883 000
Total Retained Equity	601 000	509 000	563 000	714 000
Total Equity	701 000	609 000	663 000	814 000
Total Long-Term Debt	25 000	6 000	11 000	49 000
Total Current Debt	40 000	50 000	0	20 000
Total Equity and Debt	766 000	664 000	674 000	883 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	193 000	90 000	55 000	213 000
Revenue	193 000	90 000	55 000	213 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	24 000	63 000	77 000	84 000
Impairment	0	0	0	0
Expenditure	59 000	115 000	233 000	177 000
Operating Profit	134 000	−25 000	−178 000	35 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Dividends	13 000	36 000	12 000	40 000
Net Income	105 000	−19 000	−139 000	28 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	532 000	554 000	614 000	683 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	26 000	29 000	0
Total Tangible Assets	555 000	580 000	643 000	683 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	555 000	580 000	643 000	683 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	30 000	84 000	146 000	200 000
Total Current Assets	210 000	84 000	31 000	200 000
Total Assets	766 000	664 000	674 000	883 000
Total Equity	701 000	609 000	663 000	814 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 000	6 000	11 000	49 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	13 000	36 000	12 000	40 000
Other Current Debt	30 000	50 000	0	0
Total Current Debt	40 000	50 000	0	20 000
Total Equity and Debt	766 000	664 000	674 000	883 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,98 %	−3,12 %	−20,97 %	3,44 %
Debt-to-Equity Ratio	0,04	0,01	0,02	0,06
Operating Profit Margin	69,43 %	−27,78 %	−323,64 %	16,43 %
Current Ratio	5,25	1,68	-	10
Quick Ratio	5,25	1,68	-	10
Equity Ratio	0,92	0,92	0,98	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %