SANDSEB AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

−454,05 %

Current Ratio

1,95

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	420 000	1 126 000	631 000	105 000
Net Income	−336 000	233 000	85 000	16 000
Total Assets	149 000	577 000	298 000	69 000
Total Equity	74 000	410 000	177 000	62 000

Income (NOK)	2022	2021	2020	2019
Revenue	420 000	1 126 000	631 000	105 000
Expenditure	279 000	852 000	521 000	83 000
Operating Profit	141 000	273 000	110 000	22 000
Financial Income	0	0	0	0
Financial Costs	440 000	2 000	0	0
Financial Balance	−440 000	−2 000	0	0
Earnings Before Tax	−299 000	271 000	111 000	22 000
Tax	36 000	38 000	25 000	6 000
Net Income	−336 000	233 000	85 000	16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	10 000	16 000	0
Total Current Assets	144 000	567 000	283 000	69 000
Total Assets	149 000	577 000	298 000	69 000
Total Retained Equity	50 000	386 000	153 000	68 000
Total Equity	74 000	410 000	177 000	62 000
Total Long-Term Debt	1 000	2 000	1 000	0
Total Current Debt	74 000	165 000	120 000	7 000
Total Equity and Debt	149 000	577 000	298 000	69 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	388 000	1 126 000	631 000	105 000
Other Income	31 000	0	0	0
Revenue	420 000	1 126 000	631 000	105 000
Cost of Goods Sold	0	0	6 000	1 000
Salary Costs	24 000	296 000	7 000	27 000
Depreciation	5 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	279 000	852 000	521 000	83 000
Operating Profit	141 000	273 000	110 000	22 000
Financial Income	0	0	0	0
Financial Costs	440 000	2 000	0	0
Financial Balance	−440 000	−2 000	0	0
Dividends	0	0	0	0
Net Income	−336 000	233 000	85 000	16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	10 000	16 000	0
Total Tangible Assets	5 000	10 000	16 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	10 000	16 000	0
Stock	0	0	0	0
Total Investments	90 000	530 000	0	0
Cash, Bank	16 000	47 000	228 000	55 000
Total Current Assets	144 000	567 000	283 000	69 000
Total Assets	149 000	577 000	298 000	69 000
Total Equity	74 000	410 000	177 000	62 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	2 000	1 000	0
Creditors	0	6 000	7 000	3 000
Unpaid Taxes	4 000	52 000	47 000	0
Dividends	0	0	0	0
Other Current Debt	32 000	48 000	43 000	−2 000
Total Current Debt	74 000	165 000	120 000	7 000
Total Equity and Debt	149 000	577 000	298 000	69 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−454,05 %	56,83 %	48,02 %	25,81 %
Debt-to-Equity Ratio	0,01	0	0,01	0
Operating Profit Margin	33,57 %	24,25 %	17,43 %	20,95 %
Current Ratio	1,95	3,44	2,36	9,86
Quick Ratio	1,95	3,44	2,36	9,86
Equity Ratio	0,5	0,71	0,59	0,9
Gross Profit Margin	100 %	100 %	99,05 %	99,05 %