STOREVÅGEN 70 AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

33,94 %

Current Ratio

0,06

Debt-to-Equity Ratio

2,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	933 000	875 000	878 000	863 000
Net Income	539 000	477 000	456 000	483 000
Total Assets	7 132 000	7 221 000	7 695 000	7 617 000
Total Equity	1 588 000	1 602 000	1 632 000	1 657 000

Income (NOK)	2022	2021	2020	2019
Revenue	933 000	875 000	878 000	863 000
Expenditure	241 000	263 000	292 000	248 000
Operating Profit	691 000	612 000	585 000	615 000
Financial Income	0	0	0	4 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	4 000
Earnings Before Tax	691 000	612 000	585 000	619 000
Tax	152 000	135 000	129 000	136 000
Net Income	539 000	477 000	456 000	483 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 017 000	7 183 000	7 348 000	7 514 000
Total Current Assets	114 000	38 000	346 000	103 000
Total Assets	7 132 000	7 221 000	7 695 000	7 617 000
Total Retained Equity	1 400 000	1 415 000	1 445 000	1 469 000
Total Equity	1 588 000	1 602 000	1 632 000	1 657 000
Total Long-Term Debt	3 559 000	4 318 000	5 064 000	5 819 000
Total Current Debt	1 985 000	1 300 000	998 000	141 000
Total Equity and Debt	7 132 000	7 221 000	7 695 000	7 617 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	1 000	863 000
Other Income	933 000	875 000	876 000	0
Revenue	933 000	875 000	878 000	863 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	165 000	165 000	165 000	165 000
Impairment	0	0	0	0
Expenditure	241 000	263 000	292 000	248 000
Operating Profit	691 000	612 000	585 000	615 000
Financial Income	0	0	0	4 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	4 000
Dividends	0	0	0	0
Net Income	539 000	477 000	456 000	483 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 017 000	7 183 000	7 348 000	7 514 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 017 000	7 183 000	7 348 000	7 514 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 017 000	7 183 000	7 348 000	7 514 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	102 000	38 000	326 000	98 000
Total Current Assets	114 000	38 000	346 000	103 000
Total Assets	7 132 000	7 221 000	7 695 000	7 617 000
Total Equity	1 588 000	1 602 000	1 632 000	1 657 000
Short-Term Group Debt	1 976 000	1 267 000	616 000	0
Total Long-Term Debt	3 559 000	4 318 000	5 064 000	5 819 000
Creditors	2 000	2 000	73 000	0
Unpaid Taxes	0	0	54 000	0
Dividends	0	0	0	0
Other Current Debt	0	32 000	255 000	0
Total Current Debt	1 985 000	1 300 000	998 000	141 000
Total Equity and Debt	7 132 000	7 221 000	7 695 000	7 617 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,94 %	29,78 %	27,94 %	29,15 %
Debt-to-Equity Ratio	2,24	2,7	3,1	3,51
Operating Profit Margin	74,06 %	69,94 %	66,63 %	71,26 %
Current Ratio	0,06	0,03	0,35	0,73
Quick Ratio	0,06	0,03	0,35	0,73
Equity Ratio	0,22	0,22	0,21	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %