STORM FØRDE AS

6800 FØRDE

Finances

Return on Equity

14,03 %

Current Ratio

2,23

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 263 000	24 392 000	17 208 000	8 886 000
Net Income	1 036 000	2 118 000	2 348 000	500 000
Total Assets	13 456 000	12 117 000	9 717 000	3 399 000
Total Equity	7 384 000	6 347 000	4 229 000	1 881 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 263 000	24 392 000	17 208 000	8 886 000
Expenditure	28 831 000	21 608 000	14 108 000	8 220 000
Operating Profit	1 432 000	2 784 000	3 099 000	665 000
Financial Income	32 000	14 000	9 000	0
Financial Costs	135 000	83 000	98 000	25 000
Financial Balance	−103 000	−69 000	−89 000	−25 000
Earnings Before Tax	1 329 000	2 716 000	3 010 000	641 000
Tax	292 000	598 000	662 000	141 000
Net Income	1 036 000	2 118 000	2 348 000	500 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	908 000	1 039 000	534 000	127 000
Total Current Assets	12 549 000	11 078 000	9 182 000	3 272 000
Total Assets	13 456 000	12 117 000	9 717 000	3 399 000
Total Retained Equity	7 084 000	6 047 000	3 929 000	1 581 000
Total Equity	7 384 000	6 347 000	4 229 000	1 881 000
Total Long-Term Debt	457 000	1 321 000	2 183 000	37 000
Total Current Debt	5 616 000	4 448 000	3 305 000	1 481 000
Total Equity and Debt	13 456 000	12 117 000	9 717 000	3 399 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 140 000	24 392 000	17 177 000	8 886 000
Other Income	123 000	0	31 000	0
Revenue	30 263 000	24 392 000	17 208 000	8 886 000
Cost of Goods Sold	18 379 000	13 888 000	9 109 000	4 958 000
Salary Costs	6 085 000	4 558 000	2 823 000	1 604 000
Depreciation	291 000	280 000	165 000	88 000
Impairment	0	0	0	0
Expenditure	28 831 000	21 608 000	14 108 000	8 220 000
Operating Profit	1 432 000	2 784 000	3 099 000	665 000
Financial Income	32 000	14 000	9 000	0
Financial Costs	135 000	83 000	98 000	25 000
Financial Balance	−103 000	−69 000	−89 000	−25 000
Dividends	0	0	0	0
Net Income	1 036 000	2 118 000	2 348 000	500 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	148 000	132 000	107 000	51 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	689 000	858 000	378 000	27 000
Total Tangible Assets	689 000	858 000	378 000	27 000
Total Fiancial Fixed Assets	70 000	50 000	50 000	50 000
Total Fixed Assets	908 000	1 039 000	534 000	127 000
Stock	9 170 000	7 496 000	4 173 000	1 658 000
Total Investments	0	0	0	0
Cash, Bank	3 248 000	3 467 000	4 843 000	1 445 000
Total Current Assets	12 549 000	11 078 000	9 182 000	3 272 000
Total Assets	13 456 000	12 117 000	9 717 000	3 399 000
Total Equity	7 384 000	6 347 000	4 229 000	1 881 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	457 000	1 321 000	2 183 000	37 000
Creditors	1 264 000	871 000	538 000	386 000
Unpaid Taxes	1 181 000	1 231 000	940 000	551 000
Dividends	0	0	0	0
Other Current Debt	2 862 000	1 723 000	1 109 000	394 000
Total Current Debt	5 616 000	4 448 000	3 305 000	1 481 000
Total Equity and Debt	13 456 000	12 117 000	9 717 000	3 399 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,03 %	33,37 %	55,52 %	26,58 %
Debt-to-Equity Ratio	0,06	0,21	0,52	0,02
Operating Profit Margin	4,73 %	11,41 %	18,01 %	7,48 %
Current Ratio	2,23	2,49	2,78	2,21
Quick Ratio	−3,53	−3,63	−10,58	−18,49
Equity Ratio	0,55	0,52	0,44	0,55
Gross Profit Margin	39,27 %	43,06 %	47,07 %	44,2 %