SOLBAKKEN STORD AS

5412 STORD

Finances

Return on Equity

12,78 %

Current Ratio

12,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 714 000	29 325 000	20 528 000	178 961 000
Net Income	3 127 000	−94 000	7 248 000	11 975 000
Total Assets	25 362 000	21 635 000	34 531 000	42 012 000
Total Equity	24 463 000	21 336 000	21 429 000	14 181 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 714 000	29 325 000	20 528 000	178 961 000
Expenditure	447 000	1 450 000	325 000	1 023 000
Operating Profit	3 543 000	−83 000	9 313 000	15 300 000
Financial Income	466 000	192 000	13 000	52 000
Financial Costs	0	229 000	26 000	0
Financial Balance	466 000	−37 000	−13 000	52 000
Earnings Before Tax	4 009 000	−120 000	9 299 000	15 353 000
Tax	882 000	−26 000	2 051 000	3 378 000
Net Income	3 127 000	−94 000	7 248 000	11 975 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 574 000	9 820 000	1 847 000	0
Total Current Assets	10 788 000	11 815 000	32 684 000	42 012 000
Total Assets	25 362 000	21 635 000	34 531 000	42 012 000
Total Retained Equity	24 259 000	21 132 000	21 226 000	13 978 000
Total Equity	24 463 000	21 336 000	21 429 000	14 181 000
Total Long-Term Debt	6 000	6 000	7 826 000	18 675 000
Total Current Debt	894 000	294 000	5 276 000	9 156 000
Total Equity and Debt	25 362 000	21 635 000	34 531 000	42 012 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 714 000	29 325 000	20 528 000	178 961 000
Other Income	0	0	0	0
Revenue	8 714 000	29 325 000	20 528 000	178 961 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	15 000	19 000	7 000	0
Impairment	0	0	0	0
Expenditure	447 000	1 450 000	325 000	1 023 000
Operating Profit	3 543 000	−83 000	9 313 000	15 300 000
Financial Income	466 000	192 000	13 000	52 000
Financial Costs	0	229 000	26 000	0
Financial Balance	466 000	−37 000	−13 000	52 000
Dividends	0	0	0	0
Net Income	3 127 000	−94 000	7 248 000	11 975 000

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	60 000	75 000	93 000	0
Total Tangible Assets	60 000	75 000	93 000	0
Total Fiancial Fixed Assets	14 514 000	9 745 000	1 754 000	0
Total Fixed Assets	14 574 000	9 820 000	1 847 000	0
Stock	659 000	5 383 000	28 963 000	40 005 000
Total Investments	0	0	0	0
Cash, Bank	9 936 000	6 432 000	2 866 000	1 963 000
Total Current Assets	10 788 000	11 815 000	32 684 000	42 012 000
Total Assets	25 362 000	21 635 000	34 531 000	42 012 000
Total Equity	24 463 000	21 336 000	21 429 000	14 181 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	6 000	7 826 000	18 675 000
Creditors	12 000	45 000	41 000	81 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	3 464 000	5 740 000
Total Current Debt	894 000	294 000	5 276 000	9 156 000
Total Equity and Debt	25 362 000	21 635 000	34 531 000	42 012 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,78 %	−0,44 %	33,82 %	84,44 %
Debt-to-Equity Ratio	0	0	0,37	1,32
Operating Profit Margin	40,66 %	−0,28 %	45,37 %	8,55 %
Current Ratio	12,07	40,19	6,19	4,59
Quick Ratio	45,91	−2,32	−1,38	−1,36
Equity Ratio	0,96	0,99	0,62	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %