STORVASK AS

7316 LENSVIK

Finances

Share Ownership

Return on Equity

13,06 %

Current Ratio

0,96

Debt-to-Equity Ratio

1,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 999 000	52 695 000	42 022 000	51 834 000
Net Income	2 565 000	723 000	−1 231 000	159 000
Total Assets	64 891 000	63 443 000	45 670 000	38 432 000
Total Equity	19 647 000	17 083 000	16 360 000	17 591 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 999 000	52 695 000	42 022 000	51 834 000
Expenditure	71 085 000	50 613 000	43 120 000	51 072 000
Operating Profit	4 914 000	2 083 000	−1 097 000	763 000
Financial Income	41 000	34 000	151 000	147 000
Financial Costs	1 666 000	1 190 000	645 000	589 000
Financial Balance	−1 625 000	−1 156 000	−494 000	−442 000
Earnings Before Tax	3 288 000	927 000	−1 591 000	321 000
Tax	723 000	204 000	−359 000	162 000
Net Income	2 565 000	723 000	−1 231 000	159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 175 000	53 250 000	38 263 000	25 552 000
Total Current Assets	13 716 000	10 193 000	7 407 000	12 880 000
Total Assets	64 891 000	63 443 000	45 670 000	38 432 000
Total Retained Equity	6 053 000	3 488 000	2 765 000	3 997 000
Total Equity	19 647 000	17 083 000	16 360 000	17 591 000
Total Long-Term Debt	30 883 000	32 791 000	19 862 000	9 429 000
Total Current Debt	14 360 000	13 569 000	9 448 000	11 412 000
Total Equity and Debt	64 891 000	63 443 000	45 670 000	38 432 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 931 000	52 635 000	41 422 000	44 303 000
Other Income	2 068 000	60 000	600 000	7 531 000
Revenue	75 999 000	52 695 000	42 022 000	51 834 000
Cost of Goods Sold	4 603 000	3 755 000	2 323 000	1 640 000
Salary Costs	34 277 000	23 765 000	22 438 000	23 078 000
Depreciation	11 923 000	9 251 000	7 981 000	6 406 000
Impairment	0	0	0	0
Expenditure	71 085 000	50 613 000	43 120 000	51 072 000
Operating Profit	4 914 000	2 083 000	−1 097 000	763 000
Financial Income	41 000	34 000	151 000	147 000
Financial Costs	1 666 000	1 190 000	645 000	589 000
Financial Balance	−1 625 000	−1 156 000	−494 000	−442 000
Dividends	0	0	0	4 300 000
Net Income	2 565 000	723 000	−1 231 000	159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	882 000	1 086 000	726 000
Real Eastate	17 745 000	17 538 000	10 527 000	10 862 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	33 430 000	34 830 000	26 650 000	13 509 000
Total Tangible Assets	51 175 000	52 368 000	37 177 000	24 371 000
Total Fiancial Fixed Assets	0	0	0	455 000
Total Fixed Assets	51 175 000	53 250 000	38 263 000	25 552 000
Stock	0	0	37 000	0
Total Investments	0	0	0	0
Cash, Bank	3 350 000	272 000	420 000	3 194 000
Total Current Assets	13 716 000	10 193 000	7 407 000	12 880 000
Total Assets	64 891 000	63 443 000	45 670 000	38 432 000
Total Equity	19 647 000	17 083 000	16 360 000	17 591 000
Short-Term Group Debt	651 000	0	0	0
Total Long-Term Debt	30 883 000	32 791 000	19 862 000	9 429 000
Creditors	3 448 000	4 985 000	1 810 000	1 931 000
Unpaid Taxes	3 624 000	1 730 000	2 210 000	1 780 000
Dividends	0	0	0	4 300 000
Other Current Debt	6 637 000	5 414 000	5 429 000	3 401 000
Total Current Debt	14 360 000	13 569 000	9 448 000	11 412 000
Total Equity and Debt	64 891 000	63 443 000	45 670 000	38 432 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,06 %	4,23 %	−7,52 %	0,9 %
Debt-to-Equity Ratio	1,57	1,92	1,21	0,54
Operating Profit Margin	6,47 %	3,95 %	−2,61 %	1,47 %
Current Ratio	0,96	0,75	0,78	1,13
Quick Ratio	0,96	0,75	0,79	1,13
Equity Ratio	0,3	0,27	0,36	0,46
Gross Profit Margin	93,94 %	92,87 %	94,47 %	96,84 %