NEDSTRANDSVEKST AS

5560 NEDSTRAND

Finances

Share Ownership

Return on Equity

73,38 %

Current Ratio

0,13

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	805 000	827 000	622 000	0
Net Income	226 000	81 000	−8 000	−13 000
Total Assets	3 890 000	3 583 000	4 012 000	24 000
Total Equity	308 000	82 000	1 000	9 000

Income (NOK)	2022	2021	2020	2019
Revenue	805 000	827 000	622 000	0
Expenditure	498 000	731 000	630 000	13 000
Operating Profit	309 000	96 000	−8 000	−13 000
Financial Income	−1 000	0	0	0
Financial Costs	18 000	0	0	0
Financial Balance	−19 000	0	0	0
Earnings Before Tax	290 000	96 000	−8 000	−13 000
Tax	64 000	15 000	0	0
Net Income	226 000	81 000	−8 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 420 000	3 468 000	3 515 000	0
Total Current Assets	469 000	116 000	496 000	24 000
Total Assets	3 890 000	3 583 000	4 012 000	24 000
Total Retained Equity	278 000	52 000	−29 000	−13 000
Total Equity	308 000	82 000	1 000	9 000
Total Long-Term Debt	5 000	8 000	0	0
Total Current Debt	3 577 000	3 494 000	4 011 000	16 000
Total Equity and Debt	3 890 000	3 583 000	4 012 000	24 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	799 000	746 000	622 000	0
Other Income	6 000	80 000	0	0
Revenue	805 000	827 000	622 000	0
Cost of Goods Sold	4 000	0	0	0
Salary Costs	0	0	0	13 000
Depreciation	48 000	48 000	44 000	0
Impairment	0	0	0	0
Expenditure	498 000	731 000	630 000	13 000
Operating Profit	309 000	96 000	−8 000	−13 000
Financial Income	−1 000	0	0	0
Financial Costs	18 000	0	0	0
Financial Balance	−19 000	0	0	0
Dividends	0	0	0	0
Net Income	226 000	81 000	−8 000	−13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 420 000	3 468 000	3 515 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 420 000	3 468 000	3 515 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 420 000	3 468 000	3 515 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	429 000	109 000	396 000	24 000
Total Current Assets	469 000	116 000	496 000	24 000
Total Assets	3 890 000	3 583 000	4 012 000	24 000
Total Equity	308 000	82 000	1 000	9 000
Short-Term Group Debt	284 000	126 000	426 000	16 000
Total Long-Term Debt	5 000	8 000	0	0
Creditors	77 000	4 000	435 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 150 000	3 356 000	3 150 000	0
Total Current Debt	3 577 000	3 494 000	4 011 000	16 000
Total Equity and Debt	3 890 000	3 583 000	4 012 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,38 %	98,78 %	−800 %	−144,44 %
Debt-to-Equity Ratio	0,02	0,1	0	0
Operating Profit Margin	38,39 %	11,61 %	−1,29 %	-
Current Ratio	0,13	0,03	0,12	1,5
Quick Ratio	0,13	0,03	0,12	1,5
Equity Ratio	0,08	0,02	0	0,38
Gross Profit Margin	99,5 %	100 %	100 %	-