STORSVINGEN VEST AS

9600 HAMMERFEST

Finances

Share Ownership

Return on Equity

−23,97 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	46 000
Net Income	−674 000	−117 000	40 000	−248 000
Total Assets	12 031 000	12 380 000	12 279 000	11 989 000
Total Equity	2 812 000	3 486 000	3 603 000	3 563 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	46 000
Expenditure	863 000	149 000	−52 000	370 000
Operating Profit	−864 000	−150 000	52 000	−324 000
Financial Income	0	0	0	7 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	6 000
Earnings Before Tax	−864 000	−150 000	51 000	−318 000
Tax	−190 000	−33 000	11 000	−70 000
Net Income	−674 000	−117 000	40 000	−248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	360 000	170 000	137 000	149 000
Total Current Assets	11 671 000	12 210 000	12 141 000	11 840 000
Total Assets	12 031 000	12 380 000	12 279 000	11 989 000
Total Retained Equity	2 782 000	3 456 000	3 573 000	3 533 000
Total Equity	2 812 000	3 486 000	3 603 000	3 563 000
Total Long-Term Debt	0	0	0	2 500 000
Total Current Debt	9 219 000	8 894 000	8 676 000	5 926 000
Total Equity and Debt	12 031 000	12 380 000	12 279 000	11 989 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	46 000
Revenue	0	0	0	46 000
Cost of Goods Sold	851 000	125 000	−89 000	207 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	863 000	149 000	−52 000	370 000
Operating Profit	−864 000	−150 000	52 000	−324 000
Financial Income	0	0	0	7 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	6 000
Dividends	0	0	0	0
Net Income	−674 000	−117 000	40 000	−248 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	360 000	170 000	137 000	149 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	360 000	170 000	137 000	149 000
Stock	11 108 000	11 688 000	11 418 000	10 589 000
Total Investments	0	0	0	0
Cash, Bank	122 000	81 000	283 000	811 000
Total Current Assets	11 671 000	12 210 000	12 141 000	11 840 000
Total Assets	12 031 000	12 380 000	12 279 000	11 989 000
Total Equity	2 812 000	3 486 000	3 603 000	3 563 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 500 000
Creditors	0	25 000	0	222 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 219 000	8 869 000	8 676 000	5 703 000
Total Current Debt	9 219 000	8 894 000	8 676 000	5 926 000
Total Equity and Debt	12 031 000	12 380 000	12 279 000	11 989 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,97 %	−3,36 %	1,11 %	−6,96 %
Debt-to-Equity Ratio	0	0	0	0,7
Operating Profit Margin	-	-	-	−704,35 %
Current Ratio	1,27	1,37	1,4	2
Quick Ratio	−6,18	−4,37	−4,43	−2,54
Equity Ratio	0,23	0,28	0,29	0,3
Gross Profit Margin	-	-	-	−350 %