STRAND AS

5257 KOKSTAD

Finances

Return on Equity

−79,64 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	512 101 000	490 070 000	473 679 000	330 081 000
Net Income	−24 134 000	170 000	−31 418 000	−14 230 000
Total Assets	172 838 000	144 061 000	128 730 000	116 205 000
Total Equity	30 305 000	45 564 000	21 743 000	31 132 000

Income (NOK)	2022	2021	2020	2019
Revenue	512 101 000	490 070 000	473 679 000	330 081 000
Expenditure	542 040 000	489 582 000	513 852 000	348 388 000
Operating Profit	−29 939 000	488 000	−40 172 000	−18 307 000
Financial Income	265 000	79 000	151 000	136 000
Financial Costs	1 226 000	326 000	230 000	61 000
Financial Balance	−961 000	−247 000	−79 000	75 000
Earnings Before Tax	−30 899 000	241 000	−40 251 000	−18 232 000
Tax	−6 765 000	71 000	−8 833 000	−4 003 000
Net Income	−24 134 000	170 000	−31 418 000	−14 230 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 237 000	1 725 000	5 520 000	1 336 000
Total Current Assets	170 602 000	142 336 000	123 210 000	114 870 000
Total Assets	172 838 000	144 061 000	128 730 000	116 205 000
Total Retained Equity	−23 964 000	170 000	0	0
Total Equity	30 305 000	45 564 000	21 743 000	31 132 000
Total Long-Term Debt	0	2 664 000	0	1 674 000
Total Current Debt	142 533 000	95 833 000	106 987 000	83 399 000
Total Equity and Debt	172 838 000	144 061 000	128 730 000	116 205 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	511 834 000	487 501 000	473 478 000	329 772 000
Other Income	268 000	2 569 000	201 000	309 000
Revenue	512 101 000	490 070 000	473 679 000	330 081 000
Cost of Goods Sold	424 174 000	404 721 000	412 570 000	251 844 000
Salary Costs	68 190 000	68 539 000	65 077 000	70 415 000
Depreciation	222 000	161 000	128 000	70 000
Impairment	0	0	0	0
Expenditure	542 040 000	489 582 000	513 852 000	348 388 000
Operating Profit	−29 939 000	488 000	−40 172 000	−18 307 000
Financial Income	265 000	79 000	151 000	136 000
Financial Costs	1 226 000	326 000	230 000	61 000
Financial Balance	−961 000	−247 000	−79 000	75 000
Dividends	0	0	0	0
Net Income	−24 134 000	170 000	−31 418 000	−14 230 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 603 000	101 000	4 160 000	59 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	634 000	476 000	199 000	129 000
Total Tangible Assets	634 000	476 000	199 000	129 000
Total Fiancial Fixed Assets	0	1 149 000	1 161 000	1 149 000
Total Fixed Assets	2 237 000	1 725 000	5 520 000	1 336 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 761 000	2 674 000	2 497 000	2 663 000
Total Current Assets	170 602 000	142 336 000	123 210 000	114 870 000
Total Assets	172 838 000	144 061 000	128 730 000	116 205 000
Total Equity	30 305 000	45 564 000	21 743 000	31 132 000
Short-Term Group Debt	0	0	5 910 000	0
Total Long-Term Debt	0	2 664 000	0	1 674 000
Creditors	94 684 000	81 897 000	83 688 000	65 913 000
Unpaid Taxes	7 392 000	5 078 000	5 115 000	8 357 000
Dividends	0	0	0	0
Other Current Debt	40 457 000	8 858 000	12 275 000	9 130 000
Total Current Debt	142 533 000	95 833 000	106 987 000	83 399 000
Total Equity and Debt	172 838 000	144 061 000	128 730 000	116 205 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−79,64 %	0,37 %	−144,5 %	−45,71 %
Debt-to-Equity Ratio	0	0,06	0	0,05
Operating Profit Margin	−5,85 %	0,1 %	−8,48 %	−5,55 %
Current Ratio	1,2	1,49	1,15	1,38
Quick Ratio	1,2	1,49	1,15	1,38
Equity Ratio	0,18	0,32	0,17	0,27
Gross Profit Margin	17,17 %	17,42 %	12,9 %	23,7 %