STRØMMEN BILFORMIDLING AS

3515 HØNEFOSS

Finances

Share Ownership

Return on Equity

−13,43 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	130 351 000	139 929 000	159 521 000	106 580 000
Net Income	−499 000	1 303 000	1 306 000	719 000
Total Assets	20 324 000	23 875 000	21 637 000	22 365 000
Total Equity	3 716 000	4 216 000	3 461 000	2 375 000

Income (NOK)	2022	2021	2020	2019
Revenue	130 351 000	139 929 000	159 521 000	106 580 000
Expenditure	130 471 000	137 926 000	157 359 000	105 255 000
Operating Profit	−120 000	2 003 000	2 162 000	1 324 000
Financial Income	0	0	0	6 000
Financial Costs	520 000	332 000	487 000	408 000
Financial Balance	−520 000	−332 000	−487 000	−402 000
Earnings Before Tax	−640 000	1 671 000	1 675 000	922 000
Tax	−141 000	368 000	369 000	203 000
Net Income	−499 000	1 303 000	1 306 000	719 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	503 000	325 000	267 000	335 000
Total Current Assets	19 821 000	23 549 000	21 370 000	22 030 000
Total Assets	20 324 000	23 875 000	21 637 000	22 365 000
Total Retained Equity	2 911 000	3 411 000	2 656 000	1 570 000
Total Equity	3 716 000	4 216 000	3 461 000	2 375 000
Total Long-Term Debt	568 000	0	45 000	208 000
Total Current Debt	16 040 000	19 659 000	18 132 000	19 782 000
Total Equity and Debt	20 324 000	23 875 000	21 637 000	22 365 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	128 746 000	138 112 000	157 031 000	104 400 000
Other Income	1 604 000	1 817 000	2 490 000	2 180 000
Revenue	130 351 000	139 929 000	159 521 000	106 580 000
Cost of Goods Sold	123 063 000	130 520 000	149 926 000	98 733 000
Salary Costs	4 897 000	5 059 000	5 121 000	4 620 000
Depreciation	63 000	52 000	31 000	13 000
Impairment	0	0	0	0
Expenditure	130 471 000	137 926 000	157 359 000	105 255 000
Operating Profit	−120 000	2 003 000	2 162 000	1 324 000
Financial Income	0	0	0	6 000
Financial Costs	520 000	332 000	487 000	408 000
Financial Balance	−520 000	−332 000	−487 000	−402 000
Dividends	0	500 000	0	0
Net Income	−499 000	1 303 000	1 306 000	719 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	212 000	72 000	96 000	153 000
Real Eastate	63 000	68 000	74 000	80 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	228 000	185 000	97 000	102 000
Total Tangible Assets	290 000	254 000	171 000	182 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	503 000	325 000	267 000	335 000
Stock	15 110 000	13 778 000	9 747 000	16 911 000
Total Investments	0	0	0	0
Cash, Bank	319 000	4 213 000	6 670 000	391 000
Total Current Assets	19 821 000	23 549 000	21 370 000	22 030 000
Total Assets	20 324 000	23 875 000	21 637 000	22 365 000
Total Equity	3 716 000	4 216 000	3 461 000	2 375 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	568 000	0	45 000	208 000
Creditors	2 117 000	3 700 000	4 618 000	4 321 000
Unpaid Taxes	100 000	2 282 000	5 223 000	2 437 000
Dividends	0	500 000	0	0
Other Current Debt	1 586 000	2 889 000	2 180 000	1 702 000
Total Current Debt	16 040 000	19 659 000	18 132 000	19 782 000
Total Equity and Debt	20 324 000	23 875 000	21 637 000	22 365 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,43 %	30,91 %	37,73 %	30,27 %
Debt-to-Equity Ratio	0,15	0	0,01	0,09
Operating Profit Margin	−0,09 %	1,43 %	1,36 %	1,24 %
Current Ratio	1,24	1,2	1,18	1,11
Quick Ratio	21,31	4	2,55	7,67
Equity Ratio	0,18	0,18	0,16	0,11
Gross Profit Margin	5,59 %	6,72 %	6,01 %	7,36 %