STORNESET AS

5915 HJELMÅS

Finances

Return on Equity

1,23 %

Current Ratio

60,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 000	0	0	0
Net Income	53 000	0	−107 000	−58 000
Total Assets	4 342 000	4 289 000	5 852 000	5 149 000
Total Equity	4 312 000	4 259 000	4 258 000	4 366 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 000	0	0	0
Expenditure	2 000	53 000	54 000	53 000
Operating Profit	4 000	−53 000	−54 000	−53 000
Financial Income	49 000	86 000	0	1 000
Financial Costs	0	32 000	53 000	6 000
Financial Balance	49 000	54 000	−53 000	−5 000
Earnings Before Tax	53 000	0	−107 000	−58 000
Tax	0	0	0	0
Net Income	53 000	0	−107 000	−58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 478 000	2 478 000	5 649 000	4 449 000
Total Current Assets	1 864 000	1 811 000	203 000	700 000
Total Assets	4 342 000	4 289 000	5 852 000	5 149 000
Total Retained Equity	4 262 000	4 209 000	4 208 000	4 316 000
Total Equity	4 312 000	4 259 000	4 258 000	4 366 000
Total Long-Term Debt	0	0	770 000	770 000
Total Current Debt	31 000	31 000	824 000	13 000
Total Equity and Debt	4 342 000	4 289 000	5 852 000	5 149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	5 000	0	0	0
Revenue	5 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 000	53 000	54 000	53 000
Operating Profit	4 000	−53 000	−54 000	−53 000
Financial Income	49 000	86 000	0	1 000
Financial Costs	0	32 000	53 000	6 000
Financial Balance	49 000	54 000	−53 000	−5 000
Dividends	0	0	0	0
Net Income	53 000	0	−107 000	−58 000

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	2 478 000	2 478 000	5 649 000	4 449 000
Total Fixed Assets	2 478 000	2 478 000	5 649 000	4 449 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	315 000	1 811 000	203 000	700 000
Total Current Assets	1 864 000	1 811 000	203 000	700 000
Total Assets	4 342 000	4 289 000	5 852 000	5 149 000
Total Equity	4 312 000	4 259 000	4 258 000	4 366 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	770 000	770 000
Creditors	0	0	800 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	31 000	31 000	24 000	13 000
Total Current Debt	31 000	31 000	824 000	13 000
Total Equity and Debt	4 342 000	4 289 000	5 852 000	5 149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,23 %	0 %	−2,51 %	−1,33 %
Debt-to-Equity Ratio	0	0	0,18	0,18
Operating Profit Margin	80 %	-	-	-
Current Ratio	60,13	58,42	0,25	53,85
Quick Ratio	60,13	58,42	0,25	53,85
Equity Ratio	0,99	0,99	0,73	0,85
Gross Profit Margin	100 %	-	-	-