BANDACO AS

2642 KVAM

Finances

Share Ownership

Return on Equity

27,71 %

Current Ratio

−0,71

Debt-to-Equity Ratio

−2,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	106 000	86 000	113 000	157 000
Net Income	−92 000	−82 000	−84 000	4 000
Total Assets	375 000	287 000	343 000	134 000
Total Equity	−332 000	−240 000	−158 000	−75 000

Income (NOK)	2022	2021	2020	2019
Revenue	106 000	86 000	113 000	157 000
Expenditure	200 000	168 000	197 000	152 000
Operating Profit	−93 000	−82 000	−84 000	5 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	1 000	0	0	−1 000
Earnings Before Tax	−92 000	−82 000	−84 000	4 000
Tax	0	0	0	0
Net Income	−92 000	−82 000	−84 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	344 000	239 000	307 000	85 000
Total Current Assets	30 000	48 000	36 000	49 000
Total Assets	375 000	287 000	343 000	134 000
Total Retained Equity	−362 000	−270 000	−188 000	−105 000
Total Equity	−332 000	−240 000	−158 000	−75 000
Total Long-Term Debt	749 000	530 000	578 000	205 000
Total Current Debt	−42 000	−3 000	−77 000	4 000
Total Equity and Debt	375 000	287 000	343 000	134 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	106 000	86 000	113 000	157 000
Other Income	0	0	0	0
Revenue	106 000	86 000	113 000	157 000
Cost of Goods Sold	74 000	44 000	56 000	0
Salary Costs	0	0	0	0
Depreciation	65 000	68 000	62 000	23 000
Impairment	0	0	0	0
Expenditure	200 000	168 000	197 000	152 000
Operating Profit	−93 000	−82 000	−84 000	5 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	1 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	−92 000	−82 000	−84 000	4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	95 000	80 000	90 000	45 000
Machinery and Plant Facilities	244 000	150 000	206 000	26 000
Fixtures	5 000	8 000	11 000	15 000
Total Tangible Assets	344 000	239 000	307 000	85 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	344 000	239 000	307 000	85 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	35 000	18 000	13 000
Total Current Assets	30 000	48 000	36 000	49 000
Total Assets	375 000	287 000	343 000	134 000
Total Equity	−332 000	−240 000	−158 000	−75 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	749 000	530 000	578 000	205 000
Creditors	3 000	−1 000	−2 000	0
Unpaid Taxes	−45 000	−2 000	−75 000	3 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	−42 000	−3 000	−77 000	4 000
Total Equity and Debt	375 000	287 000	343 000	134 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,71 %	34,17 %	53,16 %	−5,33 %
Debt-to-Equity Ratio	−2,26	−2,21	−3,66	−2,73
Operating Profit Margin	−87,74 %	−95,35 %	−74,34 %	3,18 %
Current Ratio	−0,71	−16	−0,47	12,25
Quick Ratio	−0,71	−16	−0,47	12,25
Equity Ratio	−0,89	−0,84	−0,46	−0,56
Gross Profit Margin	30,19 %	48,84 %	50,44 %	100 %