OK STORM AS

6773 NORDFJORDEID

Finances

Share Ownership

Return on Equity

−6,91 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	402 000	382 000	407 000	586 000
Net Income	−181 000	−1 480 000	−265 000	−269 000
Total Assets	2 898 000	3 074 000	4 649 000	5 164 000
Total Equity	2 620 000	2 801 000	4 281 000	4 695 000

Income (NOK)	2022	2021	2020	2019
Revenue	402 000	382 000	407 000	586 000
Expenditure	779 000	1 157 000	1 062 000	1 187 000
Operating Profit	−377 000	−775 000	−653 000	−601 000
Financial Income	201 000	342 000	254 000	209 000
Financial Costs	5 000	2 000	12 000	12 000
Financial Balance	196 000	340 000	242 000	197 000
Earnings Before Tax	−181 000	−435 000	−411 000	−404 000
Tax	0	1 045 000	−146 000	−135 000
Net Income	−181 000	−1 480 000	−265 000	−269 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 595 000	2 833 000	4 373 000	4 866 000
Total Current Assets	303 000	241 000	276 000	298 000
Total Assets	2 898 000	3 074 000	4 649 000	5 164 000
Total Retained Equity	588 000	770 000	2 249 000	2 664 000
Total Equity	2 620 000	2 801 000	4 281 000	4 695 000
Total Long-Term Debt	0	0	75 000	167 000
Total Current Debt	278 000	273 000	294 000	301 000
Total Equity and Debt	2 898 000	3 074 000	4 649 000	5 164 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	402 000	382 000	407 000	586 000
Other Income	0	0	0	0
Revenue	402 000	382 000	407 000	586 000
Cost of Goods Sold	61 000	63 000	123 000	91 000
Salary Costs	402 000	568 000	423 000	530 000
Depreciation	87 000	188 000	243 000	236 000
Impairment	0	0	0	0
Expenditure	779 000	1 157 000	1 062 000	1 187 000
Operating Profit	−377 000	−775 000	−653 000	−601 000
Financial Income	201 000	342 000	254 000	209 000
Financial Costs	5 000	2 000	12 000	12 000
Financial Balance	196 000	340 000	242 000	197 000
Dividends	0	0	150 000	0
Net Income	−181 000	−1 480 000	−265 000	−269 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 045 000	898 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	239 000	317 000	458 000	664 000
Fixtures	16 000	25 000	72 000	109 000
Total Tangible Assets	255 000	342 000	530 000	773 000
Total Fiancial Fixed Assets	2 340 000	2 491 000	2 799 000	3 195 000
Total Fixed Assets	2 595 000	2 833 000	4 373 000	4 866 000
Stock	26 000	31 000	24 000	24 000
Total Investments	0	0	0	0
Cash, Bank	121 000	128 000	57 000	141 000
Total Current Assets	303 000	241 000	276 000	298 000
Total Assets	2 898 000	3 074 000	4 649 000	5 164 000
Total Equity	2 620 000	2 801 000	4 281 000	4 695 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	75 000	167 000
Creditors	31 000	14 000	23 000	19 000
Unpaid Taxes	100 000	52 000	56 000	63 000
Dividends	0	0	150 000	0
Other Current Debt	147 000	208 000	215 000	220 000
Total Current Debt	278 000	273 000	294 000	301 000
Total Equity and Debt	2 898 000	3 074 000	4 649 000	5 164 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,91 %	−52,84 %	−6,19 %	−5,73 %
Debt-to-Equity Ratio	0	0	0,02	0,04
Operating Profit Margin	−93,78 %	−202,88 %	−160,44 %	−102,56 %
Current Ratio	1,09	0,88	0,94	0,99
Quick Ratio	1,2	1	1,02	1,08
Equity Ratio	0,9	0,91	0,92	0,91
Gross Profit Margin	84,83 %	83,51 %	69,78 %	84,47 %