SANDVIKVEIEN 18 AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

−29,87 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 153 000	858 000	1 575 000	2 200 000
Net Income	−669 000	−310 000	304 000	657 000
Total Assets	4 211 000	3 265 000	3 586 000	5 049 000
Total Equity	2 240 000	2 173 000	2 099 000	1 795 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 153 000	858 000	1 575 000	2 200 000
Expenditure	2 019 000	1 264 000	1 140 000	1 288 000
Operating Profit	−866 000	−406 000	435 000	912 000
Financial Income	8 000	8 000	0	2 000
Financial Costs	0	0	45 000	72 000
Financial Balance	8 000	8 000	−45 000	−70 000
Earnings Before Tax	−858 000	−398 000	390 000	841 000
Tax	−189 000	−88 000	86 000	185 000
Net Income	−669 000	−310 000	304 000	657 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 997 000	2 029 000	2 079 000	2 139 000
Total Current Assets	2 214 000	1 236 000	1 507 000	2 910 000
Total Assets	4 211 000	3 265 000	3 586 000	5 049 000
Total Retained Equity	1 020 000	1 689 000	1 999 000	1 695 000
Total Equity	2 240 000	2 173 000	2 099 000	1 795 000
Total Long-Term Debt	0	0	0	1 684 000
Total Current Debt	1 971 000	1 092 000	1 487 000	1 570 000
Total Equity and Debt	4 211 000	3 265 000	3 586 000	5 049 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 153 000	0	0	0
Other Income	0	858 000	1 575 000	2 200 000
Revenue	1 153 000	858 000	1 575 000	2 200 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	37 000	29 000	39 000	39 000
Impairment	0	0	0	0
Expenditure	2 019 000	1 264 000	1 140 000	1 288 000
Operating Profit	−866 000	−406 000	435 000	912 000
Financial Income	8 000	8 000	0	2 000
Financial Costs	0	0	45 000	72 000
Financial Balance	8 000	8 000	−45 000	−70 000
Dividends	0	0	0	0
Net Income	−669 000	−310 000	304 000	657 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	446 000	465 000	486 000	507 000
Real Eastate	1 535 000	1 561 000	1 577 000	1 593 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	3 000	16 000	39 000
Total Tangible Assets	1 551 000	1 564 000	1 593 000	1 632 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 997 000	2 029 000	2 079 000	2 139 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	257 000	103 000	1 200 000	2 068 000
Total Current Assets	2 214 000	1 236 000	1 507 000	2 910 000
Total Assets	4 211 000	3 265 000	3 586 000	5 049 000
Total Equity	2 240 000	2 173 000	2 099 000	1 795 000
Short-Term Group Debt	1 140 000	791 000	1 155 000	791 000
Total Long-Term Debt	0	0	0	1 684 000
Creditors	468 000	104 000	64 000	22 000
Unpaid Taxes	0	0	0	60 000
Dividends	0	0	0	0
Other Current Debt	364 000	196 000	204 000	538 000
Total Current Debt	1 971 000	1 092 000	1 487 000	1 570 000
Total Equity and Debt	4 211 000	3 265 000	3 586 000	5 049 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,87 %	−14,27 %	14,48 %	36,6 %
Debt-to-Equity Ratio	0	0	0	0,94
Operating Profit Margin	−75,11 %	−47,32 %	27,62 %	41,45 %
Current Ratio	1,12	1,13	1,01	1,85
Quick Ratio	1,12	1,13	1,01	1,85
Equity Ratio	0,53	0,67	0,59	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %