STRØMSNES RØE AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

21,23 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 225 000	4 576 000	4 337 000	4 227 000
Net Income	241 000	617 000	56 000	102 000
Total Assets	2 953 000	2 300 000	1 083 000	892 000
Total Equity	1 135 000	894 000	277 000	221 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 225 000	4 576 000	4 337 000	4 227 000
Expenditure	4 905 000	3 774 000	4 251 000	4 077 000
Operating Profit	320 000	802 000	86 000	150 000
Financial Income	0	0	1 000	0
Financial Costs	7 000	10 000	15 000	18 000
Financial Balance	−7 000	−10 000	−14 000	−18 000
Earnings Before Tax	313 000	792 000	73 000	131 000
Tax	72 000	174 000	17 000	29 000
Net Income	241 000	617 000	56 000	102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	29 000	211 000	236 000
Total Current Assets	2 946 000	2 271 000	871 000	657 000
Total Assets	2 953 000	2 300 000	1 083 000	892 000
Total Retained Equity	914 000	673 000	56 000	−579 000
Total Equity	1 135 000	894 000	277 000	221 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	1 816 000	1 405 000	806 000	672 000
Total Equity and Debt	2 953 000	2 300 000	1 083 000	892 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 225 000	4 546 000	4 450 000	3 849 000
Other Income	0	30 000	−113 000	378 000
Revenue	5 225 000	4 576 000	4 337 000	4 227 000
Cost of Goods Sold	722 000	349 000	917 000	775 000
Salary Costs	3 524 000	2 889 000	2 709 000	2 492 000
Depreciation	8 000	8 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	4 905 000	3 774 000	4 251 000	4 077 000
Operating Profit	320 000	802 000	86 000	150 000
Financial Income	0	0	1 000	0
Financial Costs	7 000	10 000	15 000	18 000
Financial Balance	−7 000	−10 000	−14 000	−18 000
Dividends	0	0	0	0
Net Income	241 000	617 000	56 000	102 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	14 000	188 000	205 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 000	15 000	23 000	31 000
Total Tangible Assets	7 000	15 000	23 000	31 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 000	29 000	211 000	236 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 961 000	1 134 000	117 000	196 000
Total Current Assets	2 946 000	2 271 000	871 000	657 000
Total Assets	2 953 000	2 300 000	1 083 000	892 000
Total Equity	1 135 000	894 000	277 000	221 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	84 000	31 000	68 000	120 000
Unpaid Taxes	579 000	597 000	321 000	268 000
Dividends	0	0	0	0
Other Current Debt	1 096 000	778 000	417 000	284 000
Total Current Debt	1 816 000	1 405 000	806 000	672 000
Total Equity and Debt	2 953 000	2 300 000	1 083 000	892 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,23 %	69,02 %	20,22 %	46,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,12 %	17,53 %	1,98 %	3,55 %
Current Ratio	1,62	1,62	1,08	0,98
Quick Ratio	1,62	1,62	1,08	0,98
Equity Ratio	0,38	0,39	0,26	0,25
Gross Profit Margin	86,18 %	92,37 %	78,86 %	81,67 %