STØRSETH EIENDOM AS

7224 MELHUS

Finances

Share Ownership

Return on Equity

3,38 %

Current Ratio

1,05

Debt-to-Equity Ratio

−2,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	645 000	643 000	425 000	584 000
Net Income	−87 000	8 000	−815 000	9 000
Total Assets	3 618 000	3 528 000	3 668 000	4 404 000
Total Equity	−2 576 000	−2 489 000	−2 497 000	−1 682 000

Income (NOK)	2022	2021	2020	2019
Revenue	645 000	643 000	425 000	584 000
Expenditure	574 000	498 000	460 000	375 000
Operating Profit	71 000	145 000	−35 000	209 000
Financial Income	0	0	0	0
Financial Costs	157 000	137 000	166 000	198 000
Financial Balance	−157 000	−137 000	−166 000	−198 000
Earnings Before Tax	−87 000	8 000	−201 000	11 000
Tax	0	0	614 000	2 000
Net Income	−87 000	8 000	−815 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 549 000	3 450 000	3 552 000	4 287 000
Total Current Assets	69 000	77 000	116 000	116 000
Total Assets	3 618 000	3 528 000	3 668 000	4 404 000
Total Retained Equity	−3 076 000	−2 989 000	−2 997 000	−2 182 000
Total Equity	−2 576 000	−2 489 000	−2 497 000	−1 682 000
Total Long-Term Debt	6 128 000	2 873 000	3 148 000	3 409 000
Total Current Debt	66 000	3 144 000	3 017 000	2 677 000
Total Equity and Debt	3 618 000	3 528 000	3 668 000	4 404 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	5 000
Other Income	645 000	643 000	425 000	579 000
Revenue	645 000	643 000	425 000	584 000
Cost of Goods Sold	1 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	101 000	102 000	120 000	87 000
Impairment	0	0	0	0
Expenditure	574 000	498 000	460 000	375 000
Operating Profit	71 000	145 000	−35 000	209 000
Financial Income	0	0	0	0
Financial Costs	157 000	137 000	166 000	198 000
Financial Balance	−157 000	−137 000	−166 000	−198 000
Dividends	0	0	0	0
Net Income	−87 000	8 000	−815 000	9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	614 000
Real Eastate	3 366 000	3 450 000	3 535 000	3 619 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	183 000	0	18 000	53 000
Total Tangible Assets	3 549 000	3 450 000	3 552 000	3 673 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 549 000	3 450 000	3 552 000	4 287 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	4 000	17 000	5 000
Total Current Assets	69 000	77 000	116 000	116 000
Total Assets	3 618 000	3 528 000	3 668 000	4 404 000
Total Equity	−2 576 000	−2 489 000	−2 497 000	−1 682 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 128 000	2 873 000	3 148 000	3 409 000
Creditors	26 000	4 000	0	9 000
Unpaid Taxes	0	1 000	16 000	5 000
Dividends	0	0	0	0
Other Current Debt	40 000	3 139 000	3 001 000	2 663 000
Total Current Debt	66 000	3 144 000	3 017 000	2 677 000
Total Equity and Debt	3 618 000	3 528 000	3 668 000	4 404 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,38 %	−0,32 %	32,64 %	−0,54 %
Debt-to-Equity Ratio	−2,38	−1,15	−1,26	−2,03
Operating Profit Margin	11,01 %	22,55 %	−8,24 %	35,79 %
Current Ratio	1,05	0,02	0,04	0,04
Quick Ratio	1,05	0,02	0,04	0,04
Equity Ratio	−0,71	−0,71	−0,68	−0,38
Gross Profit Margin	99,84 %	100 %	100 %	100 %