STORFJELL AS

1392 VETTRE

Finances

Return on Equity

−77,02 %

Current Ratio

2,48

Debt-to-Equity Ratio

0,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 533 000	2 134 000	1 160 000	995 000
Net Income	−23 995 000	−11 779 000	43 310 000	−1 005 000
Total Assets	92 384 000	111 577 000	126 231 000	100 782 000
Total Equity	31 156 000	78 650 000	90 429 000	47 119 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 533 000	2 134 000	1 160 000	995 000
Expenditure	852 000	1 240 000	750 000	1 390 000
Operating Profit	681 000	894 000	411 000	−395 000
Financial Income	17 179 000	30 362 000	69 295 000	40 704 000
Financial Costs	41 855 000	43 245 000	26 395 000	41 314 000
Financial Balance	−24 676 000	−12 883 000	42 900 000	−610 000
Earnings Before Tax	−23 995 000	−11 989 000	43 310 000	−1 005 000
Tax	0	−210 000	0	0
Net Income	−23 995 000	−11 779 000	43 310 000	−1 005 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 104 000	6 104 000	6 074 000	6 074 000
Total Current Assets	86 280 000	105 474 000	120 158 000	94 708 000
Total Assets	92 384 000	111 577 000	126 231 000	100 782 000
Total Retained Equity	28 714 000	52 709 000	64 488 000	21 177 000
Total Equity	31 156 000	78 650 000	90 429 000	47 119 000
Total Long-Term Debt	26 381 000	12 232 000	0	0
Total Current Debt	34 848 000	20 695 000	35 802 000	53 663 000
Total Equity and Debt	92 384 000	111 577 000	126 231 000	100 782 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 533 000	2 134 000	1 160 000	0
Other Income	0	0	0	995 000
Revenue	1 533 000	2 134 000	1 160 000	995 000
Cost of Goods Sold	0	0	0	0
Salary Costs	464 000	396 000	179 000	128 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	852 000	1 240 000	750 000	1 390 000
Operating Profit	681 000	894 000	411 000	−395 000
Financial Income	17 179 000	30 362 000	69 295 000	40 704 000
Financial Costs	41 855 000	43 245 000	26 395 000	41 314 000
Financial Balance	−24 676 000	−12 883 000	42 900 000	−610 000
Dividends	0	0	0	0
Net Income	−23 995 000	−11 779 000	43 310 000	−1 005 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	6 104 000	6 104 000	6 074 000	6 074 000
Total Fixed Assets	6 104 000	6 104 000	6 074 000	6 074 000
Stock	0	0	0	0
Total Investments	54 936 000	75 431 000	86 364 000	64 221 000
Cash, Bank	26 752 000	25 060 000	7 209 000	19 711 000
Total Current Assets	86 280 000	105 474 000	120 158 000	94 708 000
Total Assets	92 384 000	111 577 000	126 231 000	100 782 000
Total Equity	31 156 000	78 650 000	90 429 000	47 119 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 381 000	12 232 000	0	0
Creditors	119 000	194 000	5 000	112 000
Unpaid Taxes	35 000	138 000	82 000	17 000
Dividends	0	0	0	0
Other Current Debt	34 694 000	20 363 000	35 714 000	27 317 000
Total Current Debt	34 848 000	20 695 000	35 802 000	53 663 000
Total Equity and Debt	92 384 000	111 577 000	126 231 000	100 782 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−77,02 %	−14,98 %	47,89 %	−2,13 %
Debt-to-Equity Ratio	0,85	0,16	0	0
Operating Profit Margin	44,42 %	41,89 %	35,43 %	−39,7 %
Current Ratio	2,48	5,1	3,36	1,76
Quick Ratio	2,48	5,1	3,36	1,76
Equity Ratio	0,34	0,7	0,72	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %