STREMCO AS

6013 ÅLESUND

Finances

Share Ownership

Return on Equity

−10,72 %

Current Ratio

1,14

Debt-to-Equity Ratio

1,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 382 000	1 331 000	1 221 000	1 251 000
Net Income	−347 000	−90 000	−166 000	188 000
Total Assets	7 847 000	8 183 000	7 559 000	7 797 000
Total Equity	3 237 000	3 584 000	3 674 000	3 840 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 382 000	1 331 000	1 221 000	1 251 000
Expenditure	1 665 000	1 375 000	1 330 000	989 000
Operating Profit	−283 000	−44 000	−108 000	262 000
Financial Income	3 000	1 000	1 000	2 000
Financial Costs	66 000	47 000	58 000	76 000
Financial Balance	−63 000	−46 000	−57 000	−74 000
Earnings Before Tax	−347 000	−90 000	−166 000	188 000
Tax	0	0	0	0
Net Income	−347 000	−90 000	−166 000	188 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 432 000	7 646 000	7 346 000	7 550 000
Total Current Assets	415 000	537 000	213 000	247 000
Total Assets	7 847 000	8 183 000	7 559 000	7 797 000
Total Retained Equity	−415 000	−68 000	22 000	188 000
Total Equity	3 237 000	3 584 000	3 674 000	3 840 000
Total Long-Term Debt	4 247 000	4 184 000	3 388 000	3 701 000
Total Current Debt	364 000	415 000	497 000	256 000
Total Equity and Debt	7 847 000	8 183 000	7 559 000	7 797 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 115 000	1 084 000	903 000	816 000
Other Income	268 000	247 000	319 000	435 000
Revenue	1 382 000	1 331 000	1 221 000	1 251 000
Cost of Goods Sold	113 000	113 000	59 000	85 000
Salary Costs	135 000	155 000	133 000	90 000
Depreciation	215 000	206 000	205 000	185 000
Impairment	0	0	0	0
Expenditure	1 665 000	1 375 000	1 330 000	989 000
Operating Profit	−283 000	−44 000	−108 000	262 000
Financial Income	3 000	1 000	1 000	2 000
Financial Costs	66 000	47 000	58 000	76 000
Financial Balance	−63 000	−46 000	−57 000	−74 000
Dividends	0	0	0	0
Net Income	−347 000	−90 000	−166 000	188 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 037 000	7 206 000	7 210 000	7 395 000
Machinery and Plant Facilities	72 000	0	0	0
Fixtures	277 000	368 000	41 000	33 000
Total Tangible Assets	7 386 000	7 574 000	7 250 000	7 429 000
Total Fiancial Fixed Assets	46 000	72 000	95 000	121 000
Total Fixed Assets	7 432 000	7 646 000	7 346 000	7 550 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	88 000	369 000	133 000	113 000
Total Current Assets	415 000	537 000	213 000	247 000
Total Assets	7 847 000	8 183 000	7 559 000	7 797 000
Total Equity	3 237 000	3 584 000	3 674 000	3 840 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 247 000	4 184 000	3 388 000	3 701 000
Creditors	97 000	50 000	216 000	207 000
Unpaid Taxes	56 000	46 000	27 000	28 000
Dividends	0	0	0	0
Other Current Debt	210 000	320 000	254 000	21 000
Total Current Debt	364 000	415 000	497 000	256 000
Total Equity and Debt	7 847 000	8 183 000	7 559 000	7 797 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,72 %	−2,51 %	−4,52 %	4,9 %
Debt-to-Equity Ratio	1,31	1,17	0,92	0,96
Operating Profit Margin	−20,48 %	−3,31 %	−8,85 %	20,94 %
Current Ratio	1,14	1,29	0,43	0,96
Quick Ratio	1,14	1,29	0,43	0,96
Equity Ratio	0,41	0,44	0,49	0,49
Gross Profit Margin	91,82 %	91,51 %	95,17 %	93,21 %