STORØY TANKSERVICE AS

4250 KOPERVIK

Finances

Share Ownership

Return on Equity

−4,58 %

Current Ratio

1,27

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 671 000	9 976 000	13 316 000	4 051 000
Net Income	−438 000	97 000	1 818 000	−3 373 000
Total Assets	13 370 000	19 043 000	28 454 000	20 672 000
Total Equity	9 559 000	15 097 000	15 000 000	13 182 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 671 000	9 976 000	13 316 000	4 051 000
Expenditure	8 232 000	9 663 000	10 493 000	8 141 000
Operating Profit	−560 000	314 000	2 822 000	−4 090 000
Financial Income	4 000	0	3 000	1 000
Financial Costs	4 000	189 000	485 000	233 000
Financial Balance	0	−189 000	−482 000	−232 000
Earnings Before Tax	−560 000	125 000	2 340 000	−4 322 000
Tax	−123 000	29 000	522 000	−949 000
Net Income	−438 000	97 000	1 818 000	−3 373 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 794 000	16 745 000	19 241 000	15 175 000
Total Current Assets	1 575 000	2 298 000	9 213 000	5 497 000
Total Assets	13 370 000	19 043 000	28 454 000	20 672 000
Total Retained Equity	362 000	800 000	703 000	−1 115 000
Total Equity	9 559 000	15 097 000	15 000 000	13 182 000
Total Long-Term Debt	2 574 000	2 823 000	3 066 000	5 791 000
Total Current Debt	1 236 000	1 123 000	10 388 000	1 698 000
Total Equity and Debt	13 370 000	19 043 000	28 454 000	20 672 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 671 000	9 976 000	2 838 000	354 000
Other Income	0	0	10 478 000	3 696 000
Revenue	7 671 000	9 976 000	13 316 000	4 051 000
Cost of Goods Sold	119 000	1 421 000	928 000	73 000
Salary Costs	3 578 000	3 534 000	2 260 000	1 742 000
Depreciation	895 000	898 000	1 262 000	1 299 000
Impairment	0	0	0	0
Expenditure	8 232 000	9 663 000	10 493 000	8 141 000
Operating Profit	−560 000	314 000	2 822 000	−4 090 000
Financial Income	4 000	0	3 000	1 000
Financial Costs	4 000	189 000	485 000	233 000
Financial Balance	0	−189 000	−482 000	−232 000
Dividends	0	0	0	0
Net Income	−438 000	97 000	1 818 000	−3 373 000

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	11 401 000	11 720 000	12 523 000	13 418 000
Total Tangible Assets	11 401 000	11 720 000	12 523 000	13 818 000
Total Fiancial Fixed Assets	393 000	5 025 000	6 718 000	1 357 000
Total Fixed Assets	11 794 000	16 745 000	19 241 000	15 175 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	512 000	931 000	482 000	336 000
Total Current Assets	1 575 000	2 298 000	9 213 000	5 497 000
Total Assets	13 370 000	19 043 000	28 454 000	20 672 000
Total Equity	9 559 000	15 097 000	15 000 000	13 182 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 574 000	2 823 000	3 066 000	5 791 000
Creditors	449 000	120 000	9 886 000	1 415 000
Unpaid Taxes	312 000	410 000	256 000	88 000
Dividends	0	0	0	0
Other Current Debt	350 000	321 000	245 000	191 000
Total Current Debt	1 236 000	1 123 000	10 388 000	1 698 000
Total Equity and Debt	13 370 000	19 043 000	28 454 000	20 672 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,58 %	0,64 %	12,12 %	−25,59 %
Debt-to-Equity Ratio	0,27	0,19	0,2	0,44
Operating Profit Margin	−7,3 %	3,15 %	21,19 %	−100,96 %
Current Ratio	1,27	2,05	0,89	3,24
Quick Ratio	1,27	2,05	0,89	3,24
Equity Ratio	0,71	0,79	0,53	0,64
Gross Profit Margin	98,45 %	85,76 %	93,03 %	98,2 %