STORMO AS

4706 VENNESLA

Finances

Return on Equity

10,12 %

Current Ratio

4,01

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	941 000	625 000	550 000	545 000
Net Income	192 000	173 000	191 000	−25 000
Total Assets	3 086 000	2 981 000	1 743 000	1 548 000
Total Equity	1 898 000	1 705 000	1 533 000	1 342 000

Income (NOK)	2022	2021	2020	2019
Revenue	941 000	625 000	550 000	545 000
Expenditure	704 000	340 000	400 000	587 000
Operating Profit	237 000	286 000	150 000	−42 000
Financial Income	71 000	44 000	20 000	0
Financial Costs	55 000	24 000	0	0
Financial Balance	16 000	20 000	20 000	0
Earnings Before Tax	254 000	305 000	169 000	−43 000
Tax	61 000	133 000	−22 000	−18 000
Net Income	192 000	173 000	191 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000 000	2 036 000	1 045 000	1 060 000
Total Current Assets	1 086 000	945 000	698 000	488 000
Total Assets	3 086 000	2 981 000	1 743 000	1 548 000
Total Retained Equity	1 798 000	1 605 000	1 433 000	1 242 000
Total Equity	1 898 000	1 705 000	1 533 000	1 342 000
Total Long-Term Debt	917 000	1 000 000	0	0
Total Current Debt	271 000	276 000	210 000	207 000
Total Equity and Debt	3 086 000	2 981 000	1 743 000	1 548 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	941 000	625 000	550 000	545 000
Other Income	0	0	0	0
Revenue	941 000	625 000	550 000	545 000
Cost of Goods Sold	23 000	15 000	0	22 000
Salary Costs	−7 000	0	0	4 000
Depreciation	36 000	9 000	15 000	26 000
Impairment	0	0	0	0
Expenditure	704 000	340 000	400 000	587 000
Operating Profit	237 000	286 000	150 000	−42 000
Financial Income	71 000	44 000	20 000	0
Financial Costs	55 000	24 000	0	0
Financial Balance	16 000	20 000	20 000	0
Dividends	0	0	0	0
Net Income	192 000	173 000	191 000	−25 000

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	36 000	45 000	60 000
Total Tangible Assets	0	36 000	45 000	60 000
Total Fiancial Fixed Assets	2 000 000	2 000 000	1 000 000	1 000 000
Total Fixed Assets	2 000 000	2 036 000	1 045 000	1 060 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	811 000	933 000	619 000	78 000
Total Current Assets	1 086 000	945 000	698 000	488 000
Total Assets	3 086 000	2 981 000	1 743 000	1 548 000
Total Equity	1 898 000	1 705 000	1 533 000	1 342 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	917 000	1 000 000	0	0
Creditors	−5 000	0	16 000	22 000
Unpaid Taxes	85 000	73 000	30 000	48 000
Dividends	0	0	0	0
Other Current Debt	130 000	137 000	137 000	137 000
Total Current Debt	271 000	276 000	210 000	207 000
Total Equity and Debt	3 086 000	2 981 000	1 743 000	1 548 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,12 %	10,15 %	12,46 %	−1,86 %
Debt-to-Equity Ratio	0,48	0,59	0	0
Operating Profit Margin	25,19 %	45,76 %	27,27 %	−7,71 %
Current Ratio	4,01	3,42	3,32	2,36
Quick Ratio	4,01	3,42	3,32	2,36
Equity Ratio	0,62	0,57	0,88	0,87
Gross Profit Margin	97,56 %	97,6 %	100 %	95,96 %