STORMAX HOLDING AS

3739 SKIEN

Finances

Return on Equity

−1,36 %

Current Ratio

0,16

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 000	54 000	108 000	915 000
Net Income	−15 000	−1 000	37 000	680 000
Total Assets	2 276 000	2 243 000	2 145 000	2 032 000
Total Equity	1 099 000	1 315 000	1 316 000	1 278 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 000	54 000	108 000	915 000
Expenditure	70 000	53 000	52 000	70 000
Operating Profit	−19 000	1 000	57 000	845 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	8 000	12 000
Financial Balance	0	−2 000	−8 000	−12 000
Earnings Before Tax	−19 000	−1 000	48 000	833 000
Tax	−4 000	0	11 000	153 000
Net Income	−15 000	−1 000	37 000	680 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 101 000	2 059 000	1 955 000	1 825 000
Total Current Assets	176 000	183 000	189 000	207 000
Total Assets	2 276 000	2 243 000	2 145 000	2 032 000
Total Retained Equity	999 000	1 215 000	1 216 000	1 178 000
Total Equity	1 099 000	1 315 000	1 316 000	1 278 000
Total Long-Term Debt	51 000	67 000	251 000	350 000
Total Current Debt	1 126 000	861 000	578 000	404 000
Total Equity and Debt	2 276 000	2 243 000	2 145 000	2 032 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	51 000	54 000	108 000	915 000
Revenue	51 000	54 000	108 000	915 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	70 000	53 000	52 000	70 000
Operating Profit	−19 000	1 000	57 000	845 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	8 000	12 000
Financial Balance	0	−2 000	−8 000	−12 000
Dividends	200 000	0	0	0
Net Income	−15 000	−1 000	37 000	680 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 101 000	2 059 000	1 955 000	1 825 000
Total Fixed Assets	2 101 000	2 059 000	1 955 000	1 825 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	22 000	25 000	31 000	51 000
Total Current Assets	176 000	183 000	189 000	207 000
Total Assets	2 276 000	2 243 000	2 145 000	2 032 000
Total Equity	1 099 000	1 315 000	1 316 000	1 278 000
Short-Term Group Debt	1 108 000	855 000	568 000	150 000
Total Long-Term Debt	51 000	67 000	251 000	350 000
Creditors	19 000	6 000	6 000	4 000
Unpaid Taxes	−1 000	0	4 000	112 000
Dividends	200 000	0	0	0
Other Current Debt	0	0	0	91 000
Total Current Debt	1 126 000	861 000	578 000	404 000
Total Equity and Debt	2 276 000	2 243 000	2 145 000	2 032 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,36 %	−0,08 %	2,81 %	53,21 %
Debt-to-Equity Ratio	0,05	0,05	0,19	0,27
Operating Profit Margin	−37,25 %	1,85 %	52,78 %	92,35 %
Current Ratio	0,16	0,21	0,33	0,51
Quick Ratio	0,16	0,21	0,33	0,51
Equity Ratio	0,48	0,59	0,61	0,63
Gross Profit Margin	100 %	100 %	100 %	100 %