SANDTOOLS AS

4879 GRIMSTAD

Finances

Share Ownership

Return on Equity

33,69 %

Current Ratio

2,17

Debt-to-Equity Ratio

−12,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	929 000	111 000	57 000	122 000
Net Income	−63 000	−885 000	−624 000	−106 000
Total Assets	2 697 000	2 799 000	3 223 000	902 000
Total Equity	−187 000	−525 000	360 000	384 000

Income (NOK)	2022	2021	2020	2019
Revenue	929 000	111 000	57 000	122 000
Expenditure	976 000	997 000	679 000	229 000
Operating Profit	−47 000	−885 000	−623 000	−106 000
Financial Income	1 000	1 000	0	0
Financial Costs	16 000	1 000	1 000	0
Financial Balance	−15 000	0	−1 000	0
Earnings Before Tax	−63 000	−885 000	−624 000	−106 000
Tax	0	0	0	0
Net Income	−63 000	−885 000	−624 000	−106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 645 000	1 530 000	1 362 000	769 000
Total Current Assets	1 051 000	1 269 000	1 861 000	134 000
Total Assets	2 697 000	2 799 000	3 223 000	902 000
Total Retained Equity	−1 740 000	−1 677 000	−792 000	−168 000
Total Equity	−187 000	−525 000	360 000	384 000
Total Long-Term Debt	2 400 000	2 900 000	2 400 000	0
Total Current Debt	484 000	424 000	463 000	518 000
Total Equity and Debt	2 697 000	2 799 000	3 223 000	902 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	929 000	111 000	57 000	122 000
Other Income	0	0	0	0
Revenue	929 000	111 000	57 000	122 000
Cost of Goods Sold	261 000	34 000	0	0
Salary Costs	270 000	658 000	429 000	10 000
Depreciation	4 000	4 000	0	0
Impairment	0	0	0	0
Expenditure	976 000	997 000	679 000	229 000
Operating Profit	−47 000	−885 000	−623 000	−106 000
Financial Income	1 000	1 000	0	0
Financial Costs	16 000	1 000	1 000	0
Financial Balance	−15 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	−63 000	−885 000	−624 000	−106 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 641 000	1 521 000	1 362 000	769 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	9 000	0	0
Total Tangible Assets	5 000	9 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 645 000	1 530 000	1 362 000	769 000
Stock	486 000	710 000	0	0
Total Investments	0	0	0	0
Cash, Bank	48 000	209 000	1 659 000	134 000
Total Current Assets	1 051 000	1 269 000	1 861 000	134 000
Total Assets	2 697 000	2 799 000	3 223 000	902 000
Total Equity	−187 000	−525 000	360 000	384 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 400 000	2 900 000	2 400 000	0
Creditors	43 000	13 000	17 000	19 000
Unpaid Taxes	4 000	24 000	77 000	10 000
Dividends	0	0	0	0
Other Current Debt	370 000	386 000	369 000	489 000
Total Current Debt	484 000	424 000	463 000	518 000
Total Equity and Debt	2 697 000	2 799 000	3 223 000	902 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,69 %	168,57 %	−173,33 %	−27,6 %
Debt-to-Equity Ratio	−12,83	−5,52	6,67	0
Operating Profit Margin	−5,06 %	−797,3 %	−1 092,98 %	−86,89 %
Current Ratio	2,17	2,99	4,02	0,26
Quick Ratio	−525,5	−4,44	4,02	0,26
Equity Ratio	−0,07	−0,19	0,11	0,43
Gross Profit Margin	71,91 %	69,37 %	100 %	100 %