STORE NORSKE ENERGI AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

−7,32 %

Current Ratio

3,18

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 155 000	15 719 000	27 101 000	38 952 000
Net Income	−1 901 000	12 716 000	2 127 000	−7 686 000
Total Assets	35 733 000	27 420 000	38 253 000	45 019 000
Total Equity	25 966 000	24 997 000	13 045 000	11 636 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 155 000	15 719 000	27 101 000	38 952 000
Expenditure	21 562 000	2 858 000	24 693 000	42 451 000
Operating Profit	−2 406 000	12 861 000	2 409 000	−3 499 000
Financial Income	0	0	0	3 000
Financial Costs	42 000	0	145 000	274 000
Financial Balance	−42 000	0	−145 000	−271 000
Earnings Before Tax	−2 448 000	12 861 000	2 264 000	−3 770 000
Tax	−547 000	145 000	137 000	3 917 000
Net Income	−1 901 000	12 716 000	2 127 000	−7 686 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 831 000	71 000	0	0
Total Current Assets	26 902 000	27 349 000	38 253 000	45 019 000
Total Assets	35 733 000	27 420 000	38 253 000	45 019 000
Total Retained Equity	18 096 000	19 997 000	8 045 000	6 636 000
Total Equity	25 966 000	24 997 000	13 045 000	11 636 000
Total Long-Term Debt	1 300 000	1 300 000	11 967 000	11 967 000
Total Current Debt	8 467 000	1 123 000	13 241 000	21 416 000
Total Equity and Debt	35 733 000	27 420 000	38 253 000	45 019 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 376 000	15 719 000	27 101 000	38 952 000
Other Income	1 779 000	0	0	0
Revenue	19 155 000	15 719 000	27 101 000	38 952 000
Cost of Goods Sold	11 431 000	11 954 000	23 527 000	33 672 000
Salary Costs	5 199 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	21 562 000	2 858 000	24 693 000	42 451 000
Operating Profit	−2 406 000	12 861 000	2 409 000	−3 499 000
Financial Income	0	0	0	3 000
Financial Costs	42 000	0	145 000	274 000
Financial Balance	−42 000	0	−145 000	−271 000
Dividends	0	0	0	0
Net Income	−1 901 000	12 716 000	2 127 000	−7 686 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 831 000	71 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 831 000	71 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 831 000	71 000	0	0
Stock	0	8 861 000	20 815 000	35 192 000
Total Investments	0	0	0	0
Cash, Bank	22 781 000	15 079 000	17 438 000	5 563 000
Total Current Assets	26 902 000	27 349 000	38 253 000	45 019 000
Total Assets	35 733 000	27 420 000	38 253 000	45 019 000
Total Equity	25 966 000	24 997 000	13 045 000	11 636 000
Short-Term Group Debt	0	909 000	4 050 000	2 364 000
Total Long-Term Debt	1 300 000	1 300 000	11 967 000	11 967 000
Creditors	131 000	214 000	9 191 000	19 052 000
Unpaid Taxes	100 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 236 000	0	0	0
Total Current Debt	8 467 000	1 123 000	13 241 000	21 416 000
Total Equity and Debt	35 733 000	27 420 000	38 253 000	45 019 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,32 %	50,87 %	16,31 %	−66,05 %
Debt-to-Equity Ratio	0,05	0,05	0,92	1,03
Operating Profit Margin	−12,56 %	81,82 %	8,89 %	−8,98 %
Current Ratio	3,18	24,35	2,89	2,1
Quick Ratio	3,18	−3,53	−5,05	−3,27
Equity Ratio	0,73	0,91	0,34	0,26
Gross Profit Margin	40,32 %	23,95 %	13,19 %	13,56 %