STRØMMEN BILSERVICE AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

−0,47 %

Current Ratio

3,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 414 000	5 928 000	5 837 000	5 998 000
Net Income	−9 000	194 000	98 000	597 000
Total Assets	2 650 000	2 510 000	2 270 000	2 468 000
Total Equity	1 908 000	1 932 000	1 738 000	1 639 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 414 000	5 928 000	5 837 000	5 998 000
Expenditure	5 427 000	5 664 000	5 702 000	5 225 000
Operating Profit	−13 000	264 000	136 000	773 000
Financial Income	9 000	1 000	4 000	6 000
Financial Costs	7 000	14 000	12 000	14 000
Financial Balance	2 000	−13 000	−8 000	−8 000
Earnings Before Tax	−11 000	252 000	127 000	765 000
Tax	−1 000	58 000	29 000	168 000
Net Income	−9 000	194 000	98 000	597 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	150 000	24 000	11 000	19 000
Total Current Assets	2 500 000	2 486 000	2 259 000	2 449 000
Total Assets	2 650 000	2 510 000	2 270 000	2 468 000
Total Retained Equity	1 808 000	1 832 000	1 638 000	1 539 000
Total Equity	1 908 000	1 932 000	1 738 000	1 639 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	742 000	578 000	532 000	828 000
Total Equity and Debt	2 650 000	2 510 000	2 270 000	2 468 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 401 000	5 928 000	5 831 000	5 989 000
Other Income	13 000	0	6 000	9 000
Revenue	5 414 000	5 928 000	5 837 000	5 998 000
Cost of Goods Sold	2 228 000	2 678 000	2 469 000	2 058 000
Salary Costs	1 890 000	1 802 000	1 957 000	2 018 000
Depreciation	15 000	2 000	6 000	42 000
Impairment	0	0	0	0
Expenditure	5 427 000	5 664 000	5 702 000	5 225 000
Operating Profit	−13 000	264 000	136 000	773 000
Financial Income	9 000	1 000	4 000	6 000
Financial Costs	7 000	14 000	12 000	14 000
Financial Balance	2 000	−13 000	−8 000	−8 000
Dividends	15 000	0	0	0
Net Income	−9 000	194 000	98 000	597 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	9 000	11 000	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	140 000	15 000	0	6 000
Total Tangible Assets	140 000	15 000	0	6 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	150 000	24 000	11 000	19 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 388 000	2 296 000	2 159 000	2 329 000
Total Current Assets	2 500 000	2 486 000	2 259 000	2 449 000
Total Assets	2 650 000	2 510 000	2 270 000	2 468 000
Total Equity	1 908 000	1 932 000	1 738 000	1 639 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	371 000	162 000	195 000	210 000
Unpaid Taxes	157 000	193 000	112 000	230 000
Dividends	15 000	0	0	0
Other Current Debt	200 000	167 000	198 000	214 000
Total Current Debt	742 000	578 000	532 000	828 000
Total Equity and Debt	2 650 000	2 510 000	2 270 000	2 468 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,47 %	10,04 %	5,64 %	36,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,24 %	4,45 %	2,33 %	12,89 %
Current Ratio	3,37	4,3	4,25	2,96
Quick Ratio	3,37	4,3	4,25	2,96
Equity Ratio	0,72	0,77	0,77	0,66
Gross Profit Margin	58,85 %	54,82 %	57,7 %	65,69 %