STRANDSERVICE AS

9722 SKOGANVARRE

Finances

Share Ownership

Return on Equity

62,39 %

Current Ratio

1,38

Debt-to-Equity Ratio

3,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	443 000	425 000	615 000	254 000
Net Income	73 000	102 000	303 000	−128 000
Total Assets	773 000	867 000	758 000	468 000
Total Equity	117 000	44 000	−58 000	−361 000

Income (NOK)	2022	2021	2020	2019
Revenue	443 000	425 000	615 000	254 000
Expenditure	349 000	318 000	313 000	382 000
Operating Profit	94 000	107 000	303 000	−128 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	94 000	107 000	303 000	−128 000
Tax	21 000	6 000	0	0
Net Income	73 000	102 000	303 000	−128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	397 000	513 000	614 000	150 000
Total Current Assets	377 000	354 000	145 000	318 000
Total Assets	773 000	867 000	758 000	468 000
Total Retained Equity	87 000	14 000	−88 000	−391 000
Total Equity	117 000	44 000	−58 000	−361 000
Total Long-Term Debt	384 000	406 000	400 000	400 000
Total Current Debt	273 000	417 000	416 000	429 000
Total Equity and Debt	773 000	867 000	758 000	468 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	443 000	425 000	388 000	254 000
Other Income	0	0	228 000	0
Revenue	443 000	425 000	615 000	254 000
Cost of Goods Sold	0	0	0	0
Salary Costs	75 000	0	0	73 000
Depreciation	116 000	139 000	157 000	153 000
Impairment	0	0	0	0
Expenditure	349 000	318 000	313 000	382 000
Operating Profit	94 000	107 000	303 000	−128 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	73 000	102 000	303 000	−128 000

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	379 000	482 000	614 000	150 000
Fixtures	18 000	31 000	0	0
Total Tangible Assets	397 000	513 000	614 000	150 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	397 000	513 000	614 000	150 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	266 000	259 000	54 000	241 000
Total Current Assets	377 000	354 000	145 000	318 000
Total Assets	773 000	867 000	758 000	468 000
Total Equity	117 000	44 000	−58 000	−361 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	384 000	406 000	400 000	400 000
Creditors	0	0	0	0
Unpaid Taxes	91 000	81 000	−28 000	55 000
Dividends	0	0	0	0
Other Current Debt	163 000	336 000	444 000	374 000
Total Current Debt	273 000	417 000	416 000	429 000
Total Equity and Debt	773 000	867 000	758 000	468 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,39 %	231,82 %	−522,41 %	35,46 %
Debt-to-Equity Ratio	3,28	9,23	−6,9	−1,11
Operating Profit Margin	21,22 %	25,18 %	49,27 %	−50,39 %
Current Ratio	1,38	0,85	0,35	0,74
Quick Ratio	1,38	0,85	0,35	0,74
Equity Ratio	0,15	0,05	−0,08	−0,77
Gross Profit Margin	100 %	100 %	100 %	100 %