M. STORESUND REDERI AS

4260 TORVASTAD

Finances

Return on Equity

−0,55 %

Current Ratio

1,91

Debt-to-Equity Ratio

0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	297 000	467 000	338 000	623 000
Net Income	−15 000	537 000	−79 000	−67 000
Total Assets	4 623 000	4 456 000	3 846 000	3 823 000
Total Equity	2 718 000	3 733 000	3 196 000	3 275 000

Income (NOK)	2022	2021	2020	2019
Revenue	297 000	467 000	338 000	623 000
Expenditure	311 000	287 000	435 000	706 000
Operating Profit	−13 000	179 000	−98 000	−83 000
Financial Income	0	400 000	0	0
Financial Costs	6 000	3 000	4 000	3 000
Financial Balance	−6 000	397 000	−4 000	−3 000
Earnings Before Tax	−19 000	576 000	−102 000	−86 000
Tax	−4 000	39 000	−22 000	−19 000
Net Income	−15 000	537 000	−79 000	−67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 128 000	2 722 000	2 696 000	2 388 000
Total Current Assets	494 000	1 734 000	1 150 000	1 435 000
Total Assets	4 623 000	4 456 000	3 846 000	3 823 000
Total Retained Equity	1 968 000	1 983 000	1 446 000	1 525 000
Total Equity	2 718 000	3 733 000	3 196 000	3 275 000
Total Long-Term Debt	1 647 000	358 000	430 000	476 000
Total Current Debt	258 000	365 000	220 000	72 000
Total Equity and Debt	4 623 000	4 456 000	3 846 000	3 823 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	174 000	467 000	248 000	112 000
Other Income	123 000	0	90 000	511 000
Revenue	297 000	467 000	338 000	623 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	104 000	142 000	167 000	154 000
Impairment	0	0	0	0
Expenditure	311 000	287 000	435 000	706 000
Operating Profit	−13 000	179 000	−98 000	−83 000
Financial Income	0	400 000	0	0
Financial Costs	6 000	3 000	4 000	3 000
Financial Balance	−6 000	397 000	−4 000	−3 000
Dividends	0	0	0	0
Net Income	−15 000	537 000	−79 000	−67 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 050 000	1 619 000	1 511 000	1 436 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	469 000	163 000	222 000	337 000
Total Tangible Assets	4 292 000	2 641 000	2 615 000	2 307 000
Total Fiancial Fixed Assets	−163 000	81 000	81 000	81 000
Total Fixed Assets	4 128 000	2 722 000	2 696 000	2 388 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	264 000	1 187 000	932 000	1 430 000
Total Current Assets	494 000	1 734 000	1 150 000	1 435 000
Total Assets	4 623 000	4 456 000	3 846 000	3 823 000
Total Equity	2 718 000	3 733 000	3 196 000	3 275 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 647 000	358 000	430 000	476 000
Creditors	41 000	74 000	59 000	0
Unpaid Taxes	57 000	23 000	0	0
Dividends	0	0	0	0
Other Current Debt	158 000	158 000	138 000	72 000
Total Current Debt	258 000	365 000	220 000	72 000
Total Equity and Debt	4 623 000	4 456 000	3 846 000	3 823 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,55 %	14,39 %	−2,47 %	−2,05 %
Debt-to-Equity Ratio	0,61	0,1	0,13	0,15
Operating Profit Margin	−4,38 %	38,33 %	−28,99 %	−13,32 %
Current Ratio	1,91	4,75	5,23	19,93
Quick Ratio	1,91	4,75	5,23	19,93
Equity Ratio	0,59	0,84	0,83	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %