STORBILVASKEN AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

−16,74 %

Current Ratio

0,58

Debt-to-Equity Ratio

5,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 161 000	1 389 000	1 402 000	1 746 000
Net Income	−155 000	−551 000	−561 000	−389 000
Total Assets	10 812 000	11 225 000	9 539 000	9 285 000
Total Equity	926 000	1 081 000	1 227 000	1 164 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 161 000	1 389 000	1 402 000	1 746 000
Expenditure	2 130 000	1 966 000	1 940 000	1 996 000
Operating Profit	32 000	−577 000	−538 000	−249 000
Financial Income	0	0	0	0
Financial Costs	187 000	129 000	181 000	249 000
Financial Balance	−187 000	−129 000	−181 000	−249 000
Earnings Before Tax	−155 000	−706 000	−719 000	−498 000
Tax	0	−155 000	−158 000	−109 000
Net Income	−155 000	−551 000	−561 000	−389 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000 000	8 716 000	7 908 000	8 443 000
Total Current Assets	2 812 000	2 509 000	1 631 000	842 000
Total Assets	10 812 000	11 225 000	9 539 000	9 285 000
Total Retained Equity	0	0	63 000	0
Total Equity	926 000	1 081 000	1 227 000	1 164 000
Total Long-Term Debt	5 019 000	5 576 000	6 201 000	7 098 000
Total Current Debt	4 867 000	4 568 000	2 111 000	1 023 000
Total Equity and Debt	10 812 000	11 225 000	9 539 000	9 285 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 360 000	989 000	1 004 000	1 233 000
Other Income	800 000	400 000	398 000	513 000
Revenue	2 161 000	1 389 000	1 402 000	1 746 000
Cost of Goods Sold	123 000	173 000	224 000	153 000
Salary Costs	32 000	47 000	47 000	64 000
Depreciation	792 000	750 000	680 000	701 000
Impairment	0	0	0	0
Expenditure	2 130 000	1 966 000	1 940 000	1 996 000
Operating Profit	32 000	−577 000	−538 000	−249 000
Financial Income	0	0	0	0
Financial Costs	187 000	129 000	181 000	249 000
Financial Balance	−187 000	−129 000	−181 000	−249 000
Dividends	0	0	0	0
Net Income	−155 000	−551 000	−561 000	−389 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 220 000	7 671 000	7 133 000	7 522 000
Machinery and Plant Facilities	215 000	400 000	563 000	836 000
Fixtures	550 000	630 000	198 000	70 000
Total Tangible Assets	7 985 000	8 701 000	7 893 000	8 428 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	8 000 000	8 716 000	7 908 000	8 443 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	64 000	77 000	80 000	56 000
Total Current Assets	2 812 000	2 509 000	1 631 000	842 000
Total Assets	10 812 000	11 225 000	9 539 000	9 285 000
Total Equity	926 000	1 081 000	1 227 000	1 164 000
Short-Term Group Debt	4 459 000	4 068 000	1 893 000	748 000
Total Long-Term Debt	5 019 000	5 576 000	6 201 000	7 098 000
Creditors	93 000	361 000	77 000	94 000
Unpaid Taxes	94 000	10 000	4 000	119 000
Dividends	0	0	0	0
Other Current Debt	221 000	129 000	88 000	62 000
Total Current Debt	4 867 000	4 568 000	2 111 000	1 023 000
Total Equity and Debt	10 812 000	11 225 000	9 539 000	9 285 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,74 %	−50,97 %	−45,72 %	−33,42 %
Debt-to-Equity Ratio	5,42	5,16	5,05	6,1
Operating Profit Margin	1,48 %	−41,54 %	−38,37 %	−14,26 %
Current Ratio	0,58	0,55	0,77	0,82
Quick Ratio	0,58	0,55	0,77	0,82
Equity Ratio	0,09	0,1	0,13	0,13
Gross Profit Margin	94,31 %	87,54 %	84,02 %	91,24 %