STRØMSTAD ELEKTRO AS

3850 KVITESEID

Finances

Share Ownership

Return on Equity

37,38 %

Current Ratio

1,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 693 000	9 701 000	8 983 000	9 098 000
Net Income	1 420 000	1 562 000	1 434 000	960 000
Total Assets	10 197 000	8 993 000	7 308 000	6 348 000
Total Equity	3 799 000	3 779 000	3 717 000	3 583 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 693 000	9 701 000	8 983 000	9 098 000
Expenditure	10 957 000	7 759 000	7 199 000	7 974 000
Operating Profit	1 736 000	1 943 000	1 784 000	1 123 000
Financial Income	97 000	36 000	44 000	72 000
Financial Costs	0	0	0	0
Financial Balance	97 000	36 000	44 000	72 000
Earnings Before Tax	1 833 000	1 978 000	1 827 000	1 195 000
Tax	413 000	416 000	393 000	235 000
Net Income	1 420 000	1 562 000	1 434 000	960 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 245 000	950 000	618 000	759 000
Total Current Assets	8 952 000	8 043 000	6 691 000	5 589 000
Total Assets	10 197 000	8 993 000	7 308 000	6 348 000
Total Retained Equity	3 291 000	3 271 000	3 209 000	3 075 000
Total Equity	3 799 000	3 779 000	3 717 000	3 583 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 398 000	5 214 000	3 591 000	2 765 000
Total Equity and Debt	10 197 000	8 993 000	7 308 000	6 348 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 704 000	9 516 000	8 894 000	9 059 000
Other Income	−11 000	185 000	88 000	39 000
Revenue	12 693 000	9 701 000	8 983 000	9 098 000
Cost of Goods Sold	5 682 000	3 811 000	3 312 000	3 957 000
Salary Costs	4 057 000	3 216 000	3 114 000	3 360 000
Depreciation	308 000	236 000	141 000	137 000
Impairment	0	0	0	0
Expenditure	10 957 000	7 759 000	7 199 000	7 974 000
Operating Profit	1 736 000	1 943 000	1 784 000	1 123 000
Financial Income	97 000	36 000	44 000	72 000
Financial Costs	0	0	0	0
Financial Balance	97 000	36 000	44 000	72 000
Dividends	1 400 000	1 500 000	1 300 000	950 000
Net Income	1 420 000	1 562 000	1 434 000	960 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	165 000	188 000	210 000	232 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 079 000	762 000	408 000	527 000
Total Tangible Assets	1 245 000	950 000	618 000	759 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 245 000	950 000	618 000	759 000
Stock	401 000	356 000	337 000	336 000
Total Investments	0	0	0	0
Cash, Bank	5 610 000	5 117 000	3 849 000	2 613 000
Total Current Assets	8 952 000	8 043 000	6 691 000	5 589 000
Total Assets	10 197 000	8 993 000	7 308 000	6 348 000
Total Equity	3 799 000	3 779 000	3 717 000	3 583 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 456 000	652 000	597 000	320 000
Unpaid Taxes	906 000	787 000	809 000	707 000
Dividends	1 400 000	1 500 000	1 300 000	950 000
Other Current Debt	2 223 000	1 859 000	493 000	552 000
Total Current Debt	6 398 000	5 214 000	3 591 000	2 765 000
Total Equity and Debt	10 197 000	8 993 000	7 308 000	6 348 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,38 %	41,33 %	38,58 %	26,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,68 %	20,03 %	19,86 %	12,34 %
Current Ratio	1,4	1,54	1,86	2,02
Quick Ratio	1,49	1,66	2,06	2,3
Equity Ratio	0,37	0,42	0,51	0,56
Gross Profit Margin	55,24 %	60,72 %	63,13 %	56,51 %