G. SANDE AS

4130 HJELMELAND

Finances

Share Ownership

Return on Equity

−171,43 %

Current Ratio

0,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	786 000	1 124 000	716 000	813 000
Net Income	−60 000	−65 000	48 000	139 000
Total Assets	173 000	538 000	272 000	344 000
Total Equity	35 000	95 000	160 000	111 000

Income (NOK)	2022	2021	2020	2019
Revenue	786 000	1 124 000	716 000	813 000
Expenditure	865 000	1 210 000	654 000	634 000
Operating Profit	−80 000	−85 000	62 000	179 000
Financial Income	3 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	3 000	0	0	0
Earnings Before Tax	−77 000	−85 000	62 000	179 000
Tax	−17 000	−21 000	14 000	39 000
Net Income	−60 000	−65 000	48 000	139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 000	26 000	8 000	21 000
Total Current Assets	130 000	511 000	265 000	322 000
Total Assets	173 000	538 000	272 000	344 000
Total Retained Equity	4 000	65 000	129 000	81 000
Total Equity	35 000	95 000	160 000	111 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	139 000	443 000	113 000	233 000
Total Equity and Debt	173 000	538 000	272 000	344 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	786 000	1 124 000	716 000	813 000
Other Income	0	0	0	0
Revenue	786 000	1 124 000	716 000	813 000
Cost of Goods Sold	308 000	544 000	224 000	213 000
Salary Costs	439 000	577 000	344 000	287 000
Depreciation	0	0	2 000	26 000
Impairment	0	0	0	0
Expenditure	865 000	1 210 000	654 000	634 000
Operating Profit	−80 000	−85 000	62 000	179 000
Financial Income	3 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	3 000	0	0	0
Dividends	0	0	0	0
Net Income	−60 000	−65 000	48 000	139 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	43 000	26 000	8 000	19 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	2 000
Total Tangible Assets	0	0	0	2 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	43 000	26 000	8 000	21 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	95 000	230 000	97 000	207 000
Total Current Assets	130 000	511 000	265 000	322 000
Total Assets	173 000	538 000	272 000	344 000
Total Equity	35 000	95 000	160 000	111 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	30 000	283 000	19 000	135 000
Unpaid Taxes	62 000	97 000	53 000	68 000
Dividends	0	0	0	0
Other Current Debt	48 000	63 000	38 000	30 000
Total Current Debt	139 000	443 000	113 000	233 000
Total Equity and Debt	173 000	538 000	272 000	344 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−171,43 %	−68,42 %	30 %	125,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,18 %	−7,56 %	8,66 %	22,02 %
Current Ratio	0,94	1,15	2,35	1,38
Quick Ratio	0,94	1,15	2,35	1,38
Equity Ratio	0,2	0,18	0,59	0,32
Gross Profit Margin	60,81 %	51,6 %	68,72 %	73,8 %