STRØMMEN BÅT & BIL AS

4839 ARENDAL

Finances

Share Ownership

Return on Equity

31,4 %

Current Ratio

0,64

Debt-to-Equity Ratio

0,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	964 000	700 000	451 000	642 000
Net Income	454 000	73 000	66 000	236 000
Total Assets	2 978 000	3 419 000	3 322 000	3 029 000
Total Equity	1 446 000	1 292 000	1 669 000	1 602 000

Income (NOK)	2022	2021	2020	2019
Revenue	964 000	700 000	451 000	642 000
Expenditure	346 000	584 000	344 000	317 000
Operating Profit	618 000	116 000	108 000	325 000
Financial Income	1 000	0	3 000	5 000
Financial Costs	32 000	22 000	25 000	28 000
Financial Balance	−31 000	−22 000	−22 000	−23 000
Earnings Before Tax	587 000	95 000	86 000	303 000
Tax	133 000	22 000	20 000	67 000
Net Income	454 000	73 000	66 000	236 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 759 000	2 855 000	3 012 000	2 647 000
Total Current Assets	219 000	564 000	310 000	383 000
Total Assets	2 978 000	3 419 000	3 322 000	3 029 000
Total Retained Equity	522 000	368 000	295 000	229 000
Total Equity	1 446 000	1 292 000	1 669 000	1 602 000
Total Long-Term Debt	1 192 000	1 202 000	1 223 000	1 249 000
Total Current Debt	340 000	926 000	430 000	178 000
Total Equity and Debt	2 978 000	3 419 000	3 322 000	3 029 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	964 000	700 000	451 000	642 000
Revenue	964 000	700 000	451 000	642 000
Cost of Goods Sold	0	12 000	0	0
Salary Costs	5 000	42 000	1 000	1 000
Depreciation	113 000	187 000	181 000	126 000
Impairment	0	0	0	0
Expenditure	346 000	584 000	344 000	317 000
Operating Profit	618 000	116 000	108 000	325 000
Financial Income	1 000	0	3 000	5 000
Financial Costs	32 000	22 000	25 000	28 000
Financial Balance	−31 000	−22 000	−22 000	−23 000
Dividends	300 000	0	0	100 000
Net Income	454 000	73 000	66 000	236 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 725 000	2 831 000	3 012 000	2 647 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	24 000	0	0
Total Tangible Assets	2 759 000	2 855 000	3 012 000	2 647 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 759 000	2 855 000	3 012 000	2 647 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	184 000	324 000	75 000	288 000
Total Current Assets	219 000	564 000	310 000	383 000
Total Assets	2 978 000	3 419 000	3 322 000	3 029 000
Total Equity	1 446 000	1 292 000	1 669 000	1 602 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 192 000	1 202 000	1 223 000	1 249 000
Creditors	2 000	7 000	96 000	3 000
Unpaid Taxes	84 000	85 000	11 000	3 000
Dividends	300 000	0	0	100 000
Other Current Debt	111 000	805 000	295 000	104 000
Total Current Debt	340 000	926 000	430 000	178 000
Total Equity and Debt	2 978 000	3 419 000	3 322 000	3 029 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,4 %	5,65 %	3,95 %	14,73 %
Debt-to-Equity Ratio	0,82	0,93	0,73	0,78
Operating Profit Margin	64,11 %	16,57 %	23,95 %	50,62 %
Current Ratio	0,64	0,61	0,72	2,15
Quick Ratio	0,64	0,61	0,72	2,15
Equity Ratio	0,49	0,38	0,5	0,53
Gross Profit Margin	100 %	98,29 %	100 %	100 %