STRAND GROUP AS

3217 SANDEFJORD

Finances

Return on Equity

51 %

Current Ratio

1,26

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	164 687 000	92 112 000	4 545 000	4 305 000
Net Income	18 230 000	14 305 000	7 864 000	3 650 000
Total Assets	105 803 000	74 678 000	23 075 000	10 928 000
Total Equity	35 745 000	24 751 000	16 999 000	9 135 000

Income (NOK)	2022	2021	2020	2019
Revenue	164 687 000	92 112 000	4 545 000	4 305 000
Expenditure	140 115 000	73 879 000	2 039 000	1 574 000
Operating Profit	24 572 000	18 233 000	2 506 000	2 730 000
Financial Income	2 206 000	320 000	7 615 000	988 000
Financial Costs	3 988 000	510 000	1 691 000	49 000
Financial Balance	−1 782 000	−190 000	5 924 000	939 000
Earnings Before Tax	22 790 000	18 044 000	8 430 000	3 669 000
Tax	4 560 000	3 738 000	566 000	19 000
Net Income	18 230 000	14 305 000	7 864 000	3 650 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 786 000	31 048 000	14 183 000	8 289 000
Total Current Assets	61 018 000	43 631 000	8 892 000	2 639 000
Total Assets	105 803 000	74 678 000	23 075 000	10 928 000
Total Retained Equity	32 403 000	23 224 000	16 899 000	9 035 000
Total Equity	35 745 000	24 751 000	16 999 000	9 135 000
Total Long-Term Debt	21 445 000	24 241 000	4 668 000	900 000
Total Current Debt	48 613 000	25 687 000	1 407 000	893 000
Total Equity and Debt	105 803 000	74 678 000	23 075 000	10 928 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	164 306 000	91 824 000	4 520 000	4 305 000
Other Income	381 000	288 000	25 000	0
Revenue	164 687 000	92 112 000	4 545 000	4 305 000
Cost of Goods Sold	87 502 000	41 064 000	66 000	25 000
Salary Costs	32 821 000	21 689 000	1 508 000	1 373 000
Depreciation	4 035 000	1 722 000	25 000	11 000
Impairment	0	0	0	16 000
Expenditure	140 115 000	73 879 000	2 039 000	1 574 000
Operating Profit	24 572 000	18 233 000	2 506 000	2 730 000
Financial Income	2 206 000	320 000	7 615 000	988 000
Financial Costs	3 988 000	510 000	1 691 000	49 000
Financial Balance	−1 782 000	−190 000	5 924 000	939 000
Dividends	4 500 000	0	0	0
Net Income	18 230 000	14 305 000	7 864 000	3 650 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	434 000	627 000	0	0
Total Intangible Assets	909 000	627 000	0	0
Real Eastate	35 018 000	23 921 000	5 140 000	1 244 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 015 000	5 454 000	336 000	18 000
Total Tangible Assets	43 033 000	29 375 000	5 476 000	1 262 000
Total Fiancial Fixed Assets	843 000	1 046 000	8 706 000	7 027 000
Total Fixed Assets	44 786 000	31 048 000	14 183 000	8 289 000
Stock	2 105 000	2 326 000	0	0
Total Investments	11 654 000	4 470 000	0	0
Cash, Bank	19 432 000	15 102 000	1 898 000	1 853 000
Total Current Assets	61 018 000	43 631 000	8 892 000	2 639 000
Total Assets	105 803 000	74 678 000	23 075 000	10 928 000
Total Equity	35 745 000	24 751 000	16 999 000	9 135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 445 000	24 241 000	4 668 000	900 000
Creditors	11 895 000	8 596 000	13 000	304 000
Unpaid Taxes	10 168 000	7 487 000	256 000	407 000
Dividends	4 500 000	0	0	0
Other Current Debt	12 138 000	6 136 000	590 000	163 000
Total Current Debt	48 613 000	25 687 000	1 407 000	893 000
Total Equity and Debt	105 803 000	74 678 000	23 075 000	10 928 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51 %	57,8 %	46,26 %	39,96 %
Debt-to-Equity Ratio	0,6	0,98	0,27	0,1
Operating Profit Margin	14,92 %	19,79 %	55,14 %	63,41 %
Current Ratio	1,26	1,7	6,32	2,96
Quick Ratio	1,31	1,87	6,32	2,96
Equity Ratio	0,34	0,33	0,74	0,84
Gross Profit Margin	46,87 %	55,42 %	98,55 %	99,42 %