STORØEN AS

3531 KROKKLEIVA

Finances

Return on Equity

−11,46 %

Current Ratio

2,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 751 000	1 478 000	1 294 000	1 169 000
Net Income	−176 000	666 000	158 000	195 000
Total Assets	2 628 000	2 743 000	2 020 000	1 917 000
Total Equity	1 536 000	1 711 000	1 446 000	1 287 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 751 000	1 478 000	1 294 000	1 169 000
Expenditure	2 045 000	1 281 000	1 239 000	1 193 000
Operating Profit	−294 000	198 000	55 000	−24 000
Financial Income	81 000	512 000	117 000	205 000
Financial Costs	28 000	0	1 000	1 000
Financial Balance	53 000	512 000	116 000	204 000
Earnings Before Tax	−240 000	709 000	171 000	180 000
Tax	−65 000	44 000	12 000	−15 000
Net Income	−176 000	666 000	158 000	195 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	126 000	67 000	74 000	15 000
Total Current Assets	2 502 000	2 676 000	1 946 000	1 902 000
Total Assets	2 628 000	2 743 000	2 020 000	1 917 000
Total Retained Equity	506 000	682 000	417 000	258 000
Total Equity	1 536 000	1 711 000	1 446 000	1 287 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	1 092 000	1 030 000	574 000	630 000
Total Equity and Debt	2 628 000	2 743 000	2 020 000	1 917 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 751 000	194 000	45 000	42 000
Other Income	0	1 285 000	1 249 000	1 126 000
Revenue	1 751 000	1 478 000	1 294 000	1 169 000
Cost of Goods Sold	25 000	0	2 000	4 000
Salary Costs	1 357 000	718 000	711 000	711 000
Depreciation	5 000	5 000	3 000	0
Impairment	0	0	0	0
Expenditure	2 045 000	1 281 000	1 239 000	1 193 000
Operating Profit	−294 000	198 000	55 000	−24 000
Financial Income	81 000	512 000	117 000	205 000
Financial Costs	28 000	0	1 000	1 000
Financial Balance	53 000	512 000	116 000	204 000
Dividends	0	400 000	0	0
Net Income	−176 000	666 000	158 000	195 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	63 000	0	3 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	62 000	67 000	72 000	0
Fixtures	0	0	0	0
Total Tangible Assets	62 000	67 000	72 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	126 000	67 000	74 000	15 000
Stock	0	0	0	0
Total Investments	1 620 000	1 645 000	1 190 000	1 140 000
Cash, Bank	863 000	1 004 000	708 000	654 000
Total Current Assets	2 502 000	2 676 000	1 946 000	1 902 000
Total Assets	2 628 000	2 743 000	2 020 000	1 917 000
Total Equity	1 536 000	1 711 000	1 446 000	1 287 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	407 000	174 000	284 000	339 000
Unpaid Taxes	81 000	76 000	109 000	99 000
Dividends	0	400 000	0	0
Other Current Debt	605 000	340 000	181 000	191 000
Total Current Debt	1 092 000	1 030 000	574 000	630 000
Total Equity and Debt	2 628 000	2 743 000	2 020 000	1 917 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,46 %	38,92 %	10,93 %	15,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−16,79 %	13,4 %	4,25 %	−2,05 %
Current Ratio	2,29	2,6	3,39	3,02
Quick Ratio	2,29	2,6	3,39	3,02
Equity Ratio	0,58	0,62	0,72	0,67
Gross Profit Margin	98,57 %	100 %	99,85 %	99,66 %