STRANDGATEN 10 AS

4550 FARSUND

Finances

Return on Equity

15,04 %

Current Ratio

0,38

Debt-to-Equity Ratio

1,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	480 000	480 000	480 000	490 000
Net Income	205 000	211 000	200 000	190 000
Total Assets	4 298 000	4 375 000	4 154 000	4 246 000
Total Equity	1 363 000	1 157 000	946 000	747 000

Income (NOK)	2022	2021	2020	2019
Revenue	480 000	480 000	480 000	490 000
Expenditure	123 000	124 000	116 000	114 000
Operating Profit	358 000	356 000	365 000	376 000
Financial Income	0	0	0	0
Financial Costs	93 000	85 000	109 000	133 000
Financial Balance	−93 000	−85 000	−109 000	−133 000
Earnings Before Tax	265 000	271 000	256 000	243 000
Tax	60 000	60 000	56 000	54 000
Net Income	205 000	211 000	200 000	190 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 005 000	4 078 000	4 152 000	4 225 000
Total Current Assets	294 000	297 000	3 000	21 000
Total Assets	4 298 000	4 375 000	4 154 000	4 246 000
Total Retained Equity	1 153 000	947 000	736 000	537 000
Total Equity	1 363 000	1 157 000	946 000	747 000
Total Long-Term Debt	2 158 000	2 392 000	2 626 000	2 860 000
Total Current Debt	777 000	826 000	582 000	639 000
Total Equity and Debt	4 298 000	4 375 000	4 154 000	4 246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	480 000	480 000	480 000	490 000
Revenue	480 000	480 000	480 000	490 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	74 000	74 000	74 000	74 000
Impairment	0	0	0	0
Expenditure	123 000	124 000	116 000	114 000
Operating Profit	358 000	356 000	365 000	376 000
Financial Income	0	0	0	0
Financial Costs	93 000	85 000	109 000	133 000
Financial Balance	−93 000	−85 000	−109 000	−133 000
Dividends	0	0	0	0
Net Income	205 000	211 000	200 000	190 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 985 000	4 058 000	4 132 000	4 205 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 985 000	4 058 000	4 132 000	4 205 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	4 005 000	4 078 000	4 152 000	4 225 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	53 000	7 000	3 000	21 000
Total Current Assets	294 000	297 000	3 000	21 000
Total Assets	4 298 000	4 375 000	4 154 000	4 246 000
Total Equity	1 363 000	1 157 000	946 000	747 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 158 000	2 392 000	2 626 000	2 860 000
Creditors	0	1 000	0	2 000
Unpaid Taxes	62 000	102 000	110 000	65 000
Dividends	0	0	0	0
Other Current Debt	655 000	662 000	415 000	518 000
Total Current Debt	777 000	826 000	582 000	639 000
Total Equity and Debt	4 298 000	4 375 000	4 154 000	4 246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,04 %	18,24 %	21,14 %	25,44 %
Debt-to-Equity Ratio	1,58	2,07	2,78	3,83
Operating Profit Margin	74,58 %	74,17 %	76,04 %	76,73 %
Current Ratio	0,38	0,36	0,01	0,03
Quick Ratio	0,38	0,36	0,01	0,03
Equity Ratio	0,32	0,26	0,23	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %