STORVOLLEN LOVUND BORETTSLAG

8622 MO I RANA

Finances

Share Ownership

Return on Equity

−136,73 %

Current Ratio

Debt-to-Equity Ratio

−496,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	889 000	702 000	798 000	820 000
Net Income	67 000	−3 000	85 000	3 000
Total Assets	24 365 000	24 359 000	24 454 000	24 510 000
Total Equity	−49 000	−115 000	−113 000	−198 000

Income (NOK)	2022	2021	2020	2019
Revenue	889 000	702 000	798 000	820 000
Expenditure	377 000	420 000	365 000	402 000
Operating Profit	512 000	282 000	433 000	418 000
Financial Income	3 000	0	1 000	4 000
Financial Costs	448 000	285 000	349 000	419 000
Financial Balance	−445 000	−285 000	−348 000	−415 000
Earnings Before Tax	67 000	−3 000	85 000	3 000
Tax	0	0	0	0
Net Income	67 000	−3 000	85 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 231 000	24 231 000	24 231 000	24 231 000
Total Current Assets	134 000	128 000	223 000	279 000
Total Assets	24 365 000	24 359 000	24 454 000	24 510 000
Total Retained Equity	109 000	175 000	173 000	258 000
Total Equity	−49 000	−115 000	−113 000	−198 000
Total Long-Term Debt	24 347 000	24 424 000	24 508 000	24 617 000
Total Current Debt	67 000	50 000	59 000	90 000
Total Equity and Debt	24 365 000	24 359 000	24 454 000	24 510 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	889 000	702 000	798 000	820 000
Revenue	889 000	702 000	798 000	820 000
Cost of Goods Sold	0	0	0	0
Salary Costs	10 000	14 000	4 000	4 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	377 000	420 000	365 000	402 000
Operating Profit	512 000	282 000	433 000	418 000
Financial Income	3 000	0	1 000	4 000
Financial Costs	448 000	285 000	349 000	419 000
Financial Balance	−445 000	−285 000	−348 000	−415 000
Dividends	0	0	0	0
Net Income	67 000	−3 000	85 000	3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	23 096 000	23 096 000	23 096 000	23 096 000
Machinery and Plant Facilities	1 134 000	1 134 000	1 134 000	1 134 000
Fixtures	0	0	0	0
Total Tangible Assets	24 231 000	24 231 000	24 231 000	24 231 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 231 000	24 231 000	24 231 000	24 231 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	67 000	79 000	180 000	231 000
Total Current Assets	134 000	128 000	223 000	279 000
Total Assets	24 365 000	24 359 000	24 454 000	24 510 000
Total Equity	−49 000	−115 000	−113 000	−198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 347 000	24 424 000	24 508 000	24 617 000
Creditors	62 000	48 000	44 000	42 000
Unpaid Taxes	1 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	2 000	15 000	48 000
Total Current Debt	67 000	50 000	59 000	90 000
Total Equity and Debt	24 365 000	24 359 000	24 454 000	24 510 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−136,73 %	2,61 %	−75,22 %	−1,52 %
Debt-to-Equity Ratio	−496,88	−212,38	−216,88	−124,33
Operating Profit Margin	57,59 %	40,17 %	54,26 %	50,98 %
Current Ratio	2	2,56	3,78	3,1
Quick Ratio	2	2,56	3,78	3,1
Equity Ratio	−0	−0	−0	−0,01
Gross Profit Margin	100 %	100 %	100 %	100 %