S. SANDNES AS

1430 ÅS

Finances

Share Ownership

Return on Equity

−40,31 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 816 000	2 000 000	1 321 000	958 000
Net Income	−52 000	228 000	37 000	17 000
Total Assets	463 000	659 000	226 000	72 000
Total Equity	129 000	182 000	−46 000	−83 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 816 000	2 000 000	1 321 000	958 000
Expenditure	1 869 000	1 727 000	1 284 000	941 000
Operating Profit	−54 000	274 000	36 000	17 000
Financial Income	1 000	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	0
Earnings Before Tax	−52 000	274 000	37 000	17 000
Tax	0	46 000	0	0
Net Income	−52 000	228 000	37 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	0	0	0
Total Current Assets	431 000	659 000	226 000	72 000
Total Assets	463 000	659 000	226 000	72 000
Total Retained Equity	99 000	152 000	−67 000	−103 000
Total Equity	129 000	182 000	−46 000	−83 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	334 000	477 000	272 000	155 000
Total Equity and Debt	463 000	659 000	226 000	72 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 816 000	2 000 000	1 321 000	958 000
Other Income	0	0	0	0
Revenue	1 816 000	2 000 000	1 321 000	958 000
Cost of Goods Sold	13 000	19 000	1 000	2 000
Salary Costs	1 504 000	1 458 000	1 038 000	678 000
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 869 000	1 727 000	1 284 000	941 000
Operating Profit	−54 000	274 000	36 000	17 000
Financial Income	1 000	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	0
Dividends	0	0	0	0
Net Income	−52 000	228 000	37 000	17 000

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	18 000	0	0	0
Fixtures	15 000	0	0	0
Total Tangible Assets	33 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	33 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	270 000	505 000	168 000	22 000
Total Current Assets	431 000	659 000	226 000	72 000
Total Assets	463 000	659 000	226 000	72 000
Total Equity	129 000	182 000	−46 000	−83 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	22 000	6 000	11 000	11 000
Unpaid Taxes	183 000	265 000	153 000	57 000
Dividends	0	0	0	0
Other Current Debt	130 000	160 000	108 000	87 000
Total Current Debt	334 000	477 000	272 000	155 000
Total Equity and Debt	463 000	659 000	226 000	72 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,31 %	125,27 %	−80,43 %	−20,48 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	−2,97 %	13,7 %	2,73 %	1,77 %
Current Ratio	1,29	1,38	0,83	0,46
Quick Ratio	1,29	1,38	0,83	0,46
Equity Ratio	0,28	0,28	−0,2	−1,15
Gross Profit Margin	99,28 %	99,05 %	99,92 %	99,79 %