SJØSAND AS

8056 SALTSTRAUMEN

Finances

Share Ownership

Return on Equity

5,6 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 797 000	5 465 000	3 641 000	348 000
Net Income	20 000	43 000	389 000	312 000
Total Assets	1 403 000	1 405 000	1 074 000	224 000
Total Equity	357 000	337 000	294 000	−95 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 797 000	5 465 000	3 641 000	348 000
Expenditure	4 728 000	5 391 000	3 254 000	36 000
Operating Profit	69 000	74 000	388 000	312 000
Financial Income	1 000	2 000	2 000	0
Financial Costs	47 000	33 000	2 000	0
Financial Balance	−46 000	−31 000	0	0
Earnings Before Tax	23 000	43 000	389 000	312 000
Tax	3 000	0	0	0
Net Income	20 000	43 000	389 000	312 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	195 000	222 000	318 000	112 000
Total Current Assets	1 208 000	1 183 000	756 000	113 000
Total Assets	1 403 000	1 405 000	1 074 000	224 000
Total Retained Equity	327 000	307 000	264 000	−111 000
Total Equity	357 000	337 000	294 000	−95 000
Total Long-Term Debt	3 000	0	0	0
Total Current Debt	1 044 000	1 067 000	780 000	319 000
Total Equity and Debt	1 403 000	1 405 000	1 074 000	224 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 691 000	5 442 000	3 641 000	0
Other Income	106 000	23 000	0	348 000
Revenue	4 797 000	5 465 000	3 641 000	348 000
Cost of Goods Sold	797 000	1 746 000	950 000	0
Salary Costs	2 730 000	2 795 000	1 839 000	0
Depreciation	66 000	87 000	62 000	0
Impairment	0	0	0	0
Expenditure	4 728 000	5 391 000	3 254 000	36 000
Operating Profit	69 000	74 000	388 000	312 000
Financial Income	1 000	2 000	2 000	0
Financial Costs	47 000	33 000	2 000	0
Financial Balance	−46 000	−31 000	0	0
Dividends	0	0	0	0
Net Income	20 000	43 000	389 000	312 000

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	39 000	61 000	75 000	0
Fixtures	100 000	87 000	243 000	0
Total Tangible Assets	139 000	148 000	318 000	0
Total Fiancial Fixed Assets	56 000	73 000	0	112 000
Total Fixed Assets	195 000	222 000	318 000	112 000
Stock	29 000	25 000	0	0
Total Investments	0	0	0	0
Cash, Bank	90 000	20 000	170 000	0
Total Current Assets	1 208 000	1 183 000	756 000	113 000
Total Assets	1 403 000	1 405 000	1 074 000	224 000
Total Equity	357 000	337 000	294 000	−95 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	0	0	0
Creditors	264 000	213 000	42 000	47 000
Unpaid Taxes	380 000	350 000	366 000	0
Dividends	0	0	0	0
Other Current Debt	400 000	429 000	372 000	272 000
Total Current Debt	1 044 000	1 067 000	780 000	319 000
Total Equity and Debt	1 403 000	1 405 000	1 074 000	224 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,6 %	12,76 %	132,31 %	−328,42 %
Debt-to-Equity Ratio	0,01	0	0	−0
Operating Profit Margin	1,44 %	1,35 %	10,66 %	89,66 %
Current Ratio	1,16	1,11	0,97	0,35
Quick Ratio	1,19	1,14	0,97	0,35
Equity Ratio	0,25	0,24	0,27	−0,42
Gross Profit Margin	83,39 %	68,05 %	73,91 %	100 %