STORM OFFSHORE AS

4580 LYNGDAL

Finances

Return on Equity

74,2 %

Current Ratio

251,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	371 000	359 000	4 737 000	13 423 000
Net Income	22 389 000	−5 307 000	58 000	684 000
Total Assets	30 291 000	8 395 000	14 089 000	14 859 000
Total Equity	30 174 000	8 235 000	13 810 000	13 752 000

Income (NOK)	2022	2021	2020	2019
Revenue	371 000	359 000	4 737 000	13 423 000
Expenditure	1 221 000	5 657 000	4 668 000	12 798 000
Operating Profit	−850 000	−5 298 000	68 000	626 000
Financial Income	23 280 000	6 000	396 000	252 000
Financial Costs	41 000	15 000	406 000	194 000
Financial Balance	23 239 000	−9 000	−10 000	58 000
Earnings Before Tax	22 389 000	−5 307 000	58 000	684 000
Tax	0	0	0	0
Net Income	22 389 000	−5 307 000	58 000	684 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	835 000	1 445 000	5 367 000	5 180 000
Total Current Assets	29 456 000	6 950 000	8 722 000	9 679 000
Total Assets	30 291 000	8 395 000	14 089 000	14 859 000
Total Retained Equity	27 035 000	5 177 000	10 752 000	10 694 000
Total Equity	30 174 000	8 235 000	13 810 000	13 752 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	117 000	161 000	279 000	1 108 000
Total Equity and Debt	30 291 000	8 395 000	14 089 000	14 859 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	125 000	8 000	4 452 000	13 423 000
Other Income	246 000	351 000	284 000	0
Revenue	371 000	359 000	4 737 000	13 423 000
Cost of Goods Sold	2 000	352 000	2 901 000	7 039 000
Salary Costs	0	57 000	445 000	28 000
Depreciation	18 000	10 000	3 000	934 000
Impairment	0	3 911 000	0	0
Expenditure	1 221 000	5 657 000	4 668 000	12 798 000
Operating Profit	−850 000	−5 298 000	68 000	626 000
Financial Income	23 280 000	6 000	396 000	252 000
Financial Costs	41 000	15 000	406 000	194 000
Financial Balance	23 239 000	−9 000	−10 000	58 000
Dividends	0	0	0	0
Net Income	22 389 000	−5 307 000	58 000	684 000

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	94 000	45 000	56 000	36 000
Total Tangible Assets	94 000	1 445 000	5 367 000	5 180 000
Total Fiancial Fixed Assets	741 000	0	0	0
Total Fixed Assets	835 000	1 445 000	5 367 000	5 180 000
Stock	0	498 000	726 000	726 000
Total Investments	1 833 000	0	0	0
Cash, Bank	19 722 000	84 000	1 557 000	4 594 000
Total Current Assets	29 456 000	6 950 000	8 722 000	9 679 000
Total Assets	30 291 000	8 395 000	14 089 000	14 859 000
Total Equity	30 174 000	8 235 000	13 810 000	13 752 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	110 000	103 000	1 091 000
Unpaid Taxes	0	4 000	128 000	2 000
Dividends	0	0	0	0
Other Current Debt	117 000	47 000	48 000	15 000
Total Current Debt	117 000	161 000	279 000	1 108 000
Total Equity and Debt	30 291 000	8 395 000	14 089 000	14 859 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,2 %	−64,44 %	0,42 %	4,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−229,11 %	−1 475,77 %	1,44 %	4,66 %
Current Ratio	251,76	43,17	31,26	8,74
Quick Ratio	251,76	−20,62	−19,51	25,34
Equity Ratio	1	0,98	0,98	0,93
Gross Profit Margin	99,46 %	1,95 %	38,76 %	47,56 %