STORANESET 12 AS

5004 BERGEN

Finances

Share Ownership

Return on Equity

30,16 %

Current Ratio

0,51

Debt-to-Equity Ratio

1,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 469 000	9 510 000	9 507 000	9 287 000
Net Income	2 442 000	2 734 000	5 162 000	543 000
Total Assets	24 440 000	26 919 000	29 650 000	30 829 000
Total Equity	8 097 000	9 098 000	10 014 000	8 307 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 469 000	9 510 000	9 507 000	9 287 000
Expenditure	5 816 000	5 761 000	2 415 000	7 905 000
Operating Profit	3 653 000	3 748 000	7 093 000	1 382 000
Financial Income	2 000	0	0	0
Financial Costs	525 000	243 000	475 000	685 000
Financial Balance	−523 000	−243 000	−475 000	−685 000
Earnings Before Tax	3 130 000	3 505 000	6 618 000	697 000
Tax	688 000	771 000	1 456 000	153 000
Net Income	2 442 000	2 734 000	5 162 000	543 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 904 000	24 495 000	27 137 000	27 107 000
Total Current Assets	2 535 000	2 424 000	2 513 000	3 722 000
Total Assets	24 440 000	26 919 000	29 650 000	30 829 000
Total Retained Equity	7 137 000	8 138 000	9 054 000	7 347 000
Total Equity	8 097 000	9 098 000	10 014 000	8 307 000
Total Long-Term Debt	11 337 000	12 634 000	14 756 000	20 514 000
Total Current Debt	5 005 000	5 188 000	4 880 000	2 009 000
Total Equity and Debt	24 440 000	26 919 000	29 650 000	30 829 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 850 000	8 410 000	8 300 000	7 148 000
Other Income	620 000	1 100 000	1 207 000	2 140 000
Revenue	9 469 000	9 510 000	9 507 000	9 287 000
Cost of Goods Sold	12 000	11 000	30 000	0
Salary Costs	0	0	0	0
Depreciation	2 900 000	2 900 000	−286 000	3 230 000
Impairment	0	0	0	0
Expenditure	5 816 000	5 761 000	2 415 000	7 905 000
Operating Profit	3 653 000	3 748 000	7 093 000	1 382 000
Financial Income	2 000	0	0	0
Financial Costs	525 000	243 000	475 000	685 000
Financial Balance	−523 000	−243 000	−475 000	−685 000
Dividends	0	0	0	0
Net Income	2 442 000	2 734 000	5 162 000	543 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 878 000	1 595 000	1 337 000	1 973 000
Real Eastate	20 026 000	22 900 000	25 800 000	25 134 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	20 026 000	22 900 000	25 800 000	25 134 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 904 000	24 495 000	27 137 000	27 107 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 846 000	1 083 000	1 519 000	382 000
Total Current Assets	2 535 000	2 424 000	2 513 000	3 722 000
Total Assets	24 440 000	26 919 000	29 650 000	30 829 000
Total Equity	8 097 000	9 098 000	10 014 000	8 307 000
Short-Term Group Debt	4 414 000	4 680 000	4 275 000	352 000
Total Long-Term Debt	11 337 000	12 634 000	14 756 000	20 514 000
Creditors	186 000	185 000	369 000	1 325 000
Unpaid Taxes	305 000	274 000	143 000	224 000
Dividends	0	0	0	0
Other Current Debt	100 000	50 000	93 000	108 000
Total Current Debt	5 005 000	5 188 000	4 880 000	2 009 000
Total Equity and Debt	24 440 000	26 919 000	29 650 000	30 829 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,16 %	30,05 %	51,55 %	6,54 %
Debt-to-Equity Ratio	1,4	1,39	1,47	2,47
Operating Profit Margin	38,58 %	39,41 %	74,61 %	14,88 %
Current Ratio	0,51	0,47	0,51	1,85
Quick Ratio	0,51	0,47	0,51	1,85
Equity Ratio	0,33	0,34	0,34	0,27
Gross Profit Margin	99,87 %	99,88 %	99,68 %	100 %