STRØMMEN DREIEVERKSTED AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

32,14 %

Current Ratio

2,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 648 000	9 904 000	10 225 000	11 505 000
Net Income	1 273 000	1 378 000	1 409 000	1 780 000
Total Assets	6 289 000	6 607 000	5 833 000	6 742 000
Total Equity	3 961 000	3 688 000	3 310 000	3 101 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 648 000	9 904 000	10 225 000	11 505 000
Expenditure	9 071 000	8 152 000	8 390 000	9 169 000
Operating Profit	1 578 000	1 753 000	1 835 000	2 335 000
Financial Income	0	0	0	0
Financial Costs	0	0	3 000	2 000
Financial Balance	0	0	−3 000	−2 000
Earnings Before Tax	1 578 000	1 753 000	1 832 000	2 334 000
Tax	305 000	376 000	423 000	553 000
Net Income	1 273 000	1 378 000	1 409 000	1 780 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	506 000	409 000	481 000	704 000
Total Current Assets	5 782 000	6 198 000	5 353 000	6 037 000
Total Assets	6 289 000	6 607 000	5 833 000	6 742 000
Total Retained Equity	3 861 000	3 588 000	3 210 000	3 001 000
Total Equity	3 961 000	3 688 000	3 310 000	3 101 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 327 000	2 919 000	2 523 000	3 640 000
Total Equity and Debt	6 289 000	6 607 000	5 833 000	6 742 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 458 000	9 904 000	10 225 000	11 505 000
Other Income	190 000	0	0	0
Revenue	10 648 000	9 904 000	10 225 000	11 505 000
Cost of Goods Sold	2 223 000	1 537 000	1 393 000	1 870 000
Salary Costs	3 763 000	3 520 000	3 431 000	3 689 000
Depreciation	93 000	115 000	292 000	407 000
Impairment	0	0	0	0
Expenditure	9 071 000	8 152 000	8 390 000	9 169 000
Operating Profit	1 578 000	1 753 000	1 835 000	2 335 000
Financial Income	0	0	0	0
Financial Costs	0	0	3 000	2 000
Financial Balance	0	0	−3 000	−2 000
Dividends	1 000 000	1 000 000	1 200 000	1 600 000
Net Income	1 273 000	1 378 000	1 409 000	1 780 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	89 000	41 000	45 000	22 000
Machinery and Plant Facilities	109 000	127 000	145 000	163 000
Fixtures	309 000	241 000	291 000	519 000
Total Tangible Assets	506 000	409 000	481 000	704 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	506 000	409 000	481 000	704 000
Stock	1 154 000	799 000	541 000	499 000
Total Investments	0	0	0	0
Cash, Bank	3 147 000	3 764 000	3 402 000	3 902 000
Total Current Assets	5 782 000	6 198 000	5 353 000	6 037 000
Total Assets	6 289 000	6 607 000	5 833 000	6 742 000
Total Equity	3 961 000	3 688 000	3 310 000	3 101 000
Short-Term Group Debt	0	0	0	86 000
Total Long-Term Debt	0	0	0	0
Creditors	400 000	568 000	186 000	641 000
Unpaid Taxes	296 000	672 000	429 000	466 000
Dividends	1 000 000	1 000 000	1 200 000	1 600 000
Other Current Debt	311 000	297 000	271 000	294 000
Total Current Debt	2 327 000	2 919 000	2 523 000	3 640 000
Total Equity and Debt	6 289 000	6 607 000	5 833 000	6 742 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,14 %	37,36 %	42,57 %	57,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,82 %	17,7 %	17,95 %	20,3 %
Current Ratio	2,48	2,12	2,12	1,66
Quick Ratio	4,93	2,92	2,7	1,92
Equity Ratio	0,63	0,56	0,57	0,46
Gross Profit Margin	79,12 %	84,48 %	86,38 %	83,75 %