STRØMSTAD GLASS OG ALUMINIUM AS

1661 ROLVSØY

Finances

Share Ownership

Return on Equity

15,44 %

Current Ratio

2,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 522 000	3 646 000	2 010 000	1 648 000
Net Income	166 000	250 000	−6 000	112 000
Total Assets	1 931 000	2 066 000	2 178 000	1 263 000
Total Equity	1 075 000	909 000	659 000	665 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 522 000	3 646 000	2 010 000	1 648 000
Expenditure	2 298 000	3 305 000	1 971 000	1 493 000
Operating Profit	225 000	340 000	40 000	156 000
Financial Income	12 000	0	7 000	1 000
Financial Costs	13 000	26 000	49 000	14 000
Financial Balance	−1 000	−26 000	−42 000	−13 000
Earnings Before Tax	223 000	315 000	−1 000	143 000
Tax	57 000	65 000	5 000	32 000
Net Income	166 000	250 000	−6 000	112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	11 000	17 000	23 000
Total Current Assets	1 926 000	2 055 000	2 161 000	1 240 000
Total Assets	1 931 000	2 066 000	2 178 000	1 263 000
Total Retained Equity	975 000	809 000	559 000	565 000
Total Equity	1 075 000	909 000	659 000	665 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	857 000	1 157 000	1 520 000	598 000
Total Equity and Debt	1 931 000	2 066 000	2 178 000	1 263 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 527 000	3 634 000	2 007 000	1 609 000
Other Income	−5 000	12 000	3 000	39 000
Revenue	2 522 000	3 646 000	2 010 000	1 648 000
Cost of Goods Sold	2 143 000	3 214 000	1 895 000	1 367 000
Salary Costs	0	0	0	0
Depreciation	6 000	6 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	2 298 000	3 305 000	1 971 000	1 493 000
Operating Profit	225 000	340 000	40 000	156 000
Financial Income	12 000	0	7 000	1 000
Financial Costs	13 000	26 000	49 000	14 000
Financial Balance	−1 000	−26 000	−42 000	−13 000
Dividends	0	0	0	0
Net Income	166 000	250 000	−6 000	112 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	11 000	17 000	23 000
Total Tangible Assets	5 000	11 000	17 000	23 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	11 000	17 000	23 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 226 000	1 140 000	1 689 000	1 084 000
Total Current Assets	1 926 000	2 055 000	2 161 000	1 240 000
Total Assets	1 931 000	2 066 000	2 178 000	1 263 000
Total Equity	1 075 000	909 000	659 000	665 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	453 000	75 000	36 000	31 000
Unpaid Taxes	238 000	396 000	90 000	40 000
Dividends	0	0	0	0
Other Current Debt	108 000	621 000	1 388 000	495 000
Total Current Debt	857 000	1 157 000	1 520 000	598 000
Total Equity and Debt	1 931 000	2 066 000	2 178 000	1 263 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,44 %	27,5 %	−0,91 %	16,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,92 %	9,33 %	1,99 %	9,47 %
Current Ratio	2,25	1,78	1,42	2,07
Quick Ratio	2,25	1,78	1,42	2,07
Equity Ratio	0,56	0,44	0,3	0,53
Gross Profit Margin	15,03 %	11,85 %	5,72 %	17,05 %