STORM ELEKTRO VEST AS

6018 ÅLESUND

Finances

Share Ownership

Return on Equity

91,81 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 338 000	20 665 000	20 189 000	16 912 000
Net Income	2 074 000	1 239 000	1 430 000	685 000
Total Assets	6 992 000	5 637 000	6 206 000	5 343 000
Total Equity	2 259 000	2 184 000	2 945 000	2 416 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 338 000	20 665 000	20 189 000	16 912 000
Expenditure	23 699 000	19 091 000	18 373 000	16 154 000
Operating Profit	2 639 000	1 575 000	1 815 000	757 000
Financial Income	20 000	13 000	34 000	107 000
Financial Costs	0	0	1 000	0
Financial Balance	20 000	13 000	33 000	107 000
Earnings Before Tax	2 659 000	1 588 000	1 848 000	864 000
Tax	585 000	349 000	418 000	179 000
Net Income	2 074 000	1 239 000	1 430 000	685 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	771 000	804 000	594 000	402 000
Total Current Assets	6 221 000	4 833 000	5 612 000	4 941 000
Total Assets	6 992 000	5 637 000	6 206 000	5 343 000
Total Retained Equity	2 158 000	2 083 000	2 845 000	2 315 000
Total Equity	2 259 000	2 184 000	2 945 000	2 416 000
Total Long-Term Debt	0	7 000	10 000	1 000
Total Current Debt	4 733 000	3 447 000	3 251 000	2 927 000
Total Equity and Debt	6 992 000	5 637 000	6 206 000	5 343 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 328 000	20 655 000	20 189 000	16 882 000
Other Income	10 000	10 000	0	30 000
Revenue	26 338 000	20 665 000	20 189 000	16 912 000
Cost of Goods Sold	9 828 000	7 005 000	7 563 000	5 571 000
Salary Costs	10 716 000	9 237 000	8 128 000	8 256 000
Depreciation	259 000	180 000	114 000	93 000
Impairment	0	0	0	0
Expenditure	23 699 000	19 091 000	18 373 000	16 154 000
Operating Profit	2 639 000	1 575 000	1 815 000	757 000
Financial Income	20 000	13 000	34 000	107 000
Financial Costs	0	0	1 000	0
Financial Balance	20 000	13 000	33 000	107 000
Dividends	0	0	0	0
Net Income	2 074 000	1 239 000	1 430 000	685 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	182 000	253 000	324 000	69 000
Fixtures	584 000	551 000	270 000	334 000
Total Tangible Assets	767 000	804 000	594 000	402 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	771 000	804 000	594 000	402 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 133 000	3 385 000	3 707 000	3 650 000
Total Current Assets	6 221 000	4 833 000	5 612 000	4 941 000
Total Assets	6 992 000	5 637 000	6 206 000	5 343 000
Total Equity	2 259 000	2 184 000	2 945 000	2 416 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	7 000	10 000	1 000
Creditors	1 291 000	886 000	930 000	558 000
Unpaid Taxes	1 822 000	1 270 000	1 126 000	1 106 000
Dividends	0	0	0	0
Other Current Debt	1 023 000	937 000	784 000	1 128 000
Total Current Debt	4 733 000	3 447 000	3 251 000	2 927 000
Total Equity and Debt	6 992 000	5 637 000	6 206 000	5 343 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,81 %	56,73 %	48,56 %	28,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,02 %	7,62 %	8,99 %	4,48 %
Current Ratio	1,31	1,4	1,73	1,69
Quick Ratio	1,31	1,4	1,73	1,69
Equity Ratio	0,32	0,39	0,47	0,45
Gross Profit Margin	62,69 %	66,1 %	62,54 %	67,06 %