SESSION STRØMMEN AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

−1,19 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 836 000	5 629 000	5 100 000	4 442 000
Net Income	−11 000	348 000	176 000	−68 000
Total Assets	2 434 000	2 452 000	2 183 000	2 592 000
Total Equity	924 000	924 000	576 000	399 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 836 000	5 629 000	5 100 000	4 442 000
Expenditure	4 836 000	5 165 000	4 847 000	4 498 000
Operating Profit	0	464 000	253 000	−58 000
Financial Income	0	2 000	0	0
Financial Costs	14 000	20 000	26 000	30 000
Financial Balance	−14 000	−18 000	−26 000	−30 000
Earnings Before Tax	−14 000	446 000	226 000	−87 000
Tax	−3 000	98 000	50 000	−19 000
Net Income	−11 000	348 000	176 000	−68 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	39 000	49 000	61 000
Total Current Assets	2 403 000	2 412 000	2 134 000	2 530 000
Total Assets	2 434 000	2 452 000	2 183 000	2 592 000
Total Retained Equity	513 000	524 000	176 000	−1 000
Total Equity	924 000	924 000	576 000	399 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 510 000	1 528 000	1 607 000	2 193 000
Total Equity and Debt	2 434 000	2 452 000	2 183 000	2 592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 836 000	5 629 000	5 094 000	4 442 000
Other Income	0	0	6 000	0
Revenue	4 836 000	5 629 000	5 100 000	4 442 000
Cost of Goods Sold	2 708 000	3 083 000	2 884 000	2 557 000
Salary Costs	1 062 000	1 089 000	944 000	1 002 000
Depreciation	8 000	10 000	12 000	15 000
Impairment	0	0	0	0
Expenditure	4 836 000	5 165 000	4 847 000	4 498 000
Operating Profit	0	464 000	253 000	−58 000
Financial Income	0	2 000	0	0
Financial Costs	14 000	20 000	26 000	30 000
Financial Balance	−14 000	−18 000	−26 000	−30 000
Dividends	0	0	0	0
Net Income	−11 000	348 000	176 000	−68 000

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	31 000	39 000	49 000	61 000
Total Tangible Assets	31 000	39 000	49 000	61 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 000	39 000	49 000	61 000
Stock	1 961 000	1 791 000	1 769 000	1 963 000
Total Investments	0	0	0	0
Cash, Bank	280 000	466 000	222 000	369 000
Total Current Assets	2 403 000	2 412 000	2 134 000	2 530 000
Total Assets	2 434 000	2 452 000	2 183 000	2 592 000
Total Equity	924 000	924 000	576 000	399 000
Short-Term Group Debt	278 000	169 000	450 000	0
Total Long-Term Debt	0	0	0	0
Creditors	915 000	673 000	805 000	996 000
Unpaid Taxes	197 000	320 000	98 000	194 000
Dividends	0	0	0	0
Other Current Debt	120 000	268 000	204 000	1 003 000
Total Current Debt	1 510 000	1 528 000	1 607 000	2 193 000
Total Equity and Debt	2 434 000	2 452 000	2 183 000	2 592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,19 %	37,66 %	30,56 %	−17,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0 %	8,24 %	4,96 %	−1,31 %
Current Ratio	1,59	1,58	1,33	1,15
Quick Ratio	−5,33	−9,17	−13,17	11
Equity Ratio	0,38	0,38	0,26	0,15
Gross Profit Margin	44 %	45,23 %	43,45 %	42,44 %