SANDVED UTVIKLING AS

4318 SANDNES

Finances

Share Ownership

Return on Equity

13,59 %

Current Ratio

0,34

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 012 000	7 026 000	7 217 000	6 756 000
Net Income	3 438 000	3 247 000	3 683 000	3 129 000
Total Assets	46 694 000	50 101 000	52 111 000	53 358 000
Total Equity	25 291 000	25 111 000	24 867 000	21 184 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 012 000	7 026 000	7 217 000	6 756 000
Expenditure	2 051 000	2 528 000	2 048 000	2 055 000
Operating Profit	4 961 000	4 498 000	5 170 000	4 701 000
Financial Income	25 000	31 000	53 000	5 000
Financial Costs	578 000	366 000	500 000	695 000
Financial Balance	−553 000	−335 000	−447 000	−690 000
Earnings Before Tax	4 407 000	4 163 000	4 722 000	4 012 000
Tax	969 000	916 000	1 039 000	883 000
Net Income	3 438 000	3 247 000	3 683 000	3 129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 332 000	44 265 000	45 198 000	46 131 000
Total Current Assets	3 362 000	5 836 000	6 913 000	7 227 000
Total Assets	46 694 000	50 101 000	52 111 000	53 358 000
Total Retained Equity	18 997 000	18 816 000	18 573 000	14 889 000
Total Equity	25 291 000	25 111 000	24 867 000	21 184 000
Total Long-Term Debt	11 369 000	18 818 000	24 352 000	28 615 000
Total Current Debt	10 034 000	6 171 000	2 891 000	3 559 000
Total Equity and Debt	46 694 000	50 101 000	52 111 000	53 358 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 012 000	7 026 000	7 217 000	6 756 000
Other Income	0	0	0	0
Revenue	7 012 000	7 026 000	7 217 000	6 756 000
Cost of Goods Sold	0	0	0	0
Salary Costs	926 000	926 000	919 000	928 000
Depreciation	933 000	933 000	933 000	933 000
Impairment	0	0	0	0
Expenditure	2 051 000	2 528 000	2 048 000	2 055 000
Operating Profit	4 961 000	4 498 000	5 170 000	4 701 000
Financial Income	25 000	31 000	53 000	5 000
Financial Costs	578 000	366 000	500 000	695 000
Financial Balance	−553 000	−335 000	−447 000	−690 000
Dividends	0	0	0	0
Net Income	3 438 000	3 247 000	3 683 000	3 129 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	43 332 000	44 265 000	45 198 000	46 131 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	43 332 000	44 265 000	45 198 000	46 131 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	43 332 000	44 265 000	45 198 000	46 131 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	370 000	2 588 000	3 378 000	4 236 000
Total Current Assets	3 362 000	5 836 000	6 913 000	7 227 000
Total Assets	46 694 000	50 101 000	52 111 000	53 358 000
Total Equity	25 291 000	25 111 000	24 867 000	21 184 000
Short-Term Group Debt	8 052 000	4 157 000	0	1 182 000
Total Long-Term Debt	11 369 000	18 818 000	24 352 000	28 615 000
Creditors	24 000	6 000	11 000	29 000
Unpaid Taxes	681 000	753 000	790 000	694 000
Dividends	0	0	0	0
Other Current Debt	1 277 000	1 255 000	1 140 000	1 142 000
Total Current Debt	10 034 000	6 171 000	2 891 000	3 559 000
Total Equity and Debt	46 694 000	50 101 000	52 111 000	53 358 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,59 %	12,93 %	14,81 %	14,77 %
Debt-to-Equity Ratio	0,45	0,75	0,98	1,35
Operating Profit Margin	70,75 %	64,02 %	71,64 %	69,58 %
Current Ratio	0,34	0,95	2,39	2,03
Quick Ratio	0,34	0,95	2,39	2,03
Equity Ratio	0,54	0,5	0,48	0,4
Gross Profit Margin	100 %	100 %	100 %	100 %