SANDE EIENDOMSUTVIKLING AS

3070 SANDE I VESTFOLD

Finances

Share Ownership

Return on Equity

60,41 %

Current Ratio

1,95

Debt-to-Equity Ratio

1,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	112 865 000	71 208 000	143 000	607 000
Net Income	13 391 000	5 181 000	38 000	−11 000
Total Assets	76 210 000	138 825 000	59 730 000	22 870 000
Total Equity	22 167 000	8 776 000	3 595 000	3 557 000

Income (NOK)	2022	2021	2020	2019
Revenue	112 865 000	71 208 000	143 000	607 000
Expenditure	95 698 000	64 810 000	104 000	469 000
Operating Profit	17 166 000	6 399 000	39 000	138 000
Financial Income	7 000	1 000	0	0
Financial Costs	5 000	4 000	1 000	150 000
Financial Balance	2 000	−3 000	−1 000	−150 000
Earnings Before Tax	17 167 000	6 395 000	38 000	−11 000
Tax	3 777 000	1 214 000	0	0
Net Income	13 391 000	5 181 000	38 000	−11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 104 000	20 092 000	13 851 000	13 851 000
Total Current Assets	56 105 000	118 732 000	45 879 000	9 018 000
Total Assets	76 210 000	138 825 000	59 730 000	22 870 000
Total Retained Equity	21 655 000	8 265 000	3 084 000	3 046 000
Total Equity	22 167 000	8 776 000	3 595 000	3 557 000
Total Long-Term Debt	25 311 000	25 361 000	7 500 000	12 532 000
Total Current Debt	28 732 000	104 688 000	48 635 000	6 781 000
Total Equity and Debt	76 210 000	138 825 000	59 730 000	22 870 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	112 865 000	71 208 000	11 000	59 000
Other Income	0	0	132 000	549 000
Revenue	112 865 000	71 208 000	143 000	607 000
Cost of Goods Sold	95 533 000	64 754 000	17 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	95 698 000	64 810 000	104 000	469 000
Operating Profit	17 166 000	6 399 000	39 000	138 000
Financial Income	7 000	1 000	0	0
Financial Costs	5 000	4 000	1 000	150 000
Financial Balance	2 000	−3 000	−1 000	−150 000
Dividends	0	0	0	0
Net Income	13 391 000	5 181 000	38 000	−11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 104 000	20 092 000	13 851 000	13 851 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	20 104 000	20 092 000	13 851 000	13 851 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 104 000	20 092 000	13 851 000	13 851 000
Stock	52 612 000	115 663 000	31 362 000	9 000 000
Total Investments	0	0	0	0
Cash, Bank	3 311 000	537 000	63 000	3 000
Total Current Assets	56 105 000	118 732 000	45 879 000	9 018 000
Total Assets	76 210 000	138 825 000	59 730 000	22 870 000
Total Equity	22 167 000	8 776 000	3 595 000	3 557 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 311 000	25 361 000	7 500 000	12 532 000
Creditors	1 128 000	7 493 000	553 000	2 747 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	220 000	11 202 000	7 345 000	3 524 000
Total Current Debt	28 732 000	104 688 000	48 635 000	6 781 000
Total Equity and Debt	76 210 000	138 825 000	59 730 000	22 870 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,41 %	59,04 %	1,06 %	−0,31 %
Debt-to-Equity Ratio	1,14	2,89	2,09	3,52
Operating Profit Margin	15,21 %	8,99 %	27,27 %	22,73 %
Current Ratio	1,95	1,13	0,94	1,33
Quick Ratio	−2,35	−10,82	2,66	−4,06
Equity Ratio	0,29	0,06	0,06	0,16
Gross Profit Margin	15,36 %	9,06 %	88,11 %	100 %