STORFJORD BILSERVICE AS

6240 ØRSKOG

Finances

Share Ownership

Return on Equity

22,17 %

Current Ratio

2,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 562 000	5 955 000	5 352 000	4 942 000
Net Income	257 000	218 000	290 000	58 000
Total Assets	1 879 000	1 540 000	1 309 000	1 101 000
Total Equity	1 159 000	902 000	684 000	394 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 562 000	5 955 000	5 352 000	4 942 000
Expenditure	6 235 000	5 695 000	4 986 000	4 869 000
Operating Profit	328 000	259 000	366 000	73 000
Financial Income	2 000	4 000	6 000	3 000
Financial Costs	2 000	2 000	5 000	4 000
Financial Balance	0	2 000	1 000	−1 000
Earnings Before Tax	327 000	261 000	367 000	72 000
Tax	70 000	43 000	77 000	14 000
Net Income	257 000	218 000	290 000	58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	134 000	118 000	75 000	77 000
Total Current Assets	1 744 000	1 423 000	1 235 000	1 024 000
Total Assets	1 879 000	1 540 000	1 309 000	1 101 000
Total Retained Equity	1 009 000	752 000	534 000	244 000
Total Equity	1 159 000	902 000	684 000	394 000
Total Long-Term Debt	5 000	35 000	67 000	98 000
Total Current Debt	715 000	604 000	558 000	610 000
Total Equity and Debt	1 879 000	1 540 000	1 309 000	1 101 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 553 000	5 943 000	5 350 000	4 936 000
Other Income	9 000	12 000	2 000	6 000
Revenue	6 562 000	5 955 000	5 352 000	4 942 000
Cost of Goods Sold	2 415 000	2 047 000	1 808 000	1 798 000
Salary Costs	2 863 000	2 743 000	2 188 000	2 148 000
Depreciation	29 000	28 000	17 000	25 000
Impairment	0	0	0	0
Expenditure	6 235 000	5 695 000	4 986 000	4 869 000
Operating Profit	328 000	259 000	366 000	73 000
Financial Income	2 000	4 000	6 000	3 000
Financial Costs	2 000	2 000	5 000	4 000
Financial Balance	0	2 000	1 000	−1 000
Dividends	0	0	0	0
Net Income	257 000	218 000	290 000	58 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 000	16 000	22 000	28 000
Machinery and Plant Facilities	0	38 000	0	0
Fixtures	112 000	52 000	47 000	44 000
Total Tangible Assets	122 000	106 000	69 000	71 000
Total Fiancial Fixed Assets	12 000	12 000	5 000	5 000
Total Fixed Assets	134 000	118 000	75 000	77 000
Stock	199 000	257 000	140 000	147 000
Total Investments	0	0	0	0
Cash, Bank	1 282 000	887 000	850 000	677 000
Total Current Assets	1 744 000	1 423 000	1 235 000	1 024 000
Total Assets	1 879 000	1 540 000	1 309 000	1 101 000
Total Equity	1 159 000	902 000	684 000	394 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	35 000	67 000	98 000
Creditors	101 000	54 000	78 000	129 000
Unpaid Taxes	297 000	254 000	210 000	249 000
Dividends	0	0	0	0
Other Current Debt	247 000	253 000	193 000	218 000
Total Current Debt	715 000	604 000	558 000	610 000
Total Equity and Debt	1 879 000	1 540 000	1 309 000	1 101 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,17 %	24,17 %	42,4 %	14,72 %
Debt-to-Equity Ratio	0	0,04	0,1	0,25
Operating Profit Margin	5 %	4,35 %	6,84 %	1,48 %
Current Ratio	2,44	2,36	2,21	1,68
Quick Ratio	3,38	4,1	2,95	2,21
Equity Ratio	0,62	0,59	0,52	0,36
Gross Profit Margin	63,2 %	65,63 %	66,22 %	63,62 %