SANDVENVEGEN 48 AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

37,65 %

Current Ratio

2,2

Debt-to-Equity Ratio

9,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	973 000	1 037 000	903 000	916 000
Net Income	128 000	299 000	186 000	135 000
Total Assets	3 924 000	4 328 000	4 439 000	4 707 000
Total Equity	340 000	211 000	212 000	212 000

Income (NOK)	2022	2021	2020	2019
Revenue	973 000	1 037 000	903 000	916 000
Expenditure	651 000	526 000	520 000	586 000
Operating Profit	323 000	512 000	383 000	330 000
Financial Income	0	0	0	4 000
Financial Costs	158 000	128 000	144 000	160 000
Financial Balance	−158 000	−128 000	−144 000	−156 000
Earnings Before Tax	165 000	384 000	239 000	174 000
Tax	36 000	84 000	53 000	38 000
Net Income	128 000	299 000	186 000	135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 465 000	3 626 000	3 800 000	3 881 000
Total Current Assets	459 000	702 000	639 000	826 000
Total Assets	3 924 000	4 328 000	4 439 000	4 707 000
Total Retained Equity	130 000	1 000	2 000	2 000
Total Equity	340 000	211 000	212 000	212 000
Total Long-Term Debt	3 375 000	3 600 000	3 825 000	4 050 000
Total Current Debt	209 000	517 000	402 000	444 000
Total Equity and Debt	3 924 000	4 328 000	4 439 000	4 707 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	973 000	1 037 000	903 000	916 000
Revenue	973 000	1 037 000	903 000	916 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	199 000	199 000	196 000	192 000
Impairment	0	0	0	0
Expenditure	651 000	526 000	520 000	586 000
Operating Profit	323 000	512 000	383 000	330 000
Financial Income	0	0	0	4 000
Financial Costs	158 000	128 000	144 000	160 000
Financial Balance	−158 000	−128 000	−144 000	−156 000
Dividends	0	300 000	186 000	231 000
Net Income	128 000	299 000	186 000	135 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	121 000	111 000	104 000	97 000
Real Eastate	3 276 000	3 470 000	3 645 000	3 729 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	68 000	46 000	50 000	55 000
Total Tangible Assets	3 344 000	3 515 000	3 696 000	3 784 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 465 000	3 626 000	3 800 000	3 881 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	199 000	458 000	419 000	476 000
Total Current Assets	459 000	702 000	639 000	826 000
Total Assets	3 924 000	4 328 000	4 439 000	4 707 000
Total Equity	340 000	211 000	212 000	212 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 375 000	3 600 000	3 825 000	4 050 000
Creditors	96 000	65 000	22 000	19 000
Unpaid Taxes	17 000	20 000	6 000	18 000
Dividends	0	300 000	186 000	231 000
Other Current Debt	51 000	40 000	115 000	131 000
Total Current Debt	209 000	517 000	402 000	444 000
Total Equity and Debt	3 924 000	4 328 000	4 439 000	4 707 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,65 %	141,71 %	87,74 %	63,68 %
Debt-to-Equity Ratio	9,93	17,06	18,04	19,1
Operating Profit Margin	33,2 %	49,37 %	42,41 %	36,03 %
Current Ratio	2,2	1,36	1,59	1,86
Quick Ratio	2,2	1,36	1,59	1,86
Equity Ratio	0,09	0,05	0,05	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %