STRAND MANAGEMENT AS

0277 OSLO

Finances

Share Ownership

Return on Equity

136,19 %

Current Ratio

4,72

Debt-to-Equity Ratio

−137,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 020 000	762 000	565 000	524 000
Net Income	−143 000	−130 000	112 000	−45 000
Total Assets	14 450 000	14 870 000	8 170 000	7 671 000
Total Equity	−105 000	37 000	167 000	56 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 020 000	762 000	565 000	524 000
Expenditure	586 000	450 000	166 000	283 000
Operating Profit	434 000	312 000	399 000	240 000
Financial Income	2 000	3 000	8 000	0
Financial Costs	581 000	481 000	263 000	298 000
Financial Balance	−579 000	−478 000	−255 000	−298 000
Earnings Before Tax	−145 000	−167 000	143 000	−58 000
Tax	−2 000	−37 000	32 000	−13 000
Net Income	−143 000	−130 000	112 000	−45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 832 000	14 038 000	7 379 000	7 151 000
Total Current Assets	618 000	833 000	791 000	520 000
Total Assets	14 450 000	14 870 000	8 170 000	7 671 000
Total Retained Equity	−135 000	7 000	137 000	26 000
Total Equity	−105 000	37 000	167 000	56 000
Total Long-Term Debt	14 424 000	14 770 000	4 293 000	4 452 000
Total Current Debt	131 000	63 000	3 710 000	3 163 000
Total Equity and Debt	14 450 000	14 870 000	8 170 000	7 671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	104 000	0	0
Other Income	1 020 000	658 000	565 000	524 000
Revenue	1 020 000	762 000	565 000	524 000
Cost of Goods Sold	1 000	25 000	0	0
Salary Costs	0	0	0	0
Depreciation	290 000	261 000	119 000	118 000
Impairment	0	0	0	0
Expenditure	586 000	450 000	166 000	283 000
Operating Profit	434 000	312 000	399 000	240 000
Financial Income	2 000	3 000	8 000	0
Financial Costs	581 000	481 000	263 000	298 000
Financial Balance	−579 000	−478 000	−255 000	−298 000
Dividends	0	0	0	0
Net Income	−143 000	−130 000	112 000	−45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 602 000	13 861 000	7 379 000	7 151 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	230 000	176 000	0	0
Total Tangible Assets	13 832 000	14 038 000	7 379 000	7 151 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 832 000	14 038 000	7 379 000	7 151 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	539 000	657 000	574 000	420 000
Total Current Assets	618 000	833 000	791 000	520 000
Total Assets	14 450 000	14 870 000	8 170 000	7 671 000
Total Equity	−105 000	37 000	167 000	56 000
Short-Term Group Debt	0	0	3 760 000	3 150 000
Total Long-Term Debt	14 424 000	14 770 000	4 293 000	4 452 000
Creditors	109 000	57 000	33 000	7 000
Unpaid Taxes	4 000	3 000	−88 000	0
Dividends	0	0	0	0
Other Current Debt	18 000	3 000	5 000	6 000
Total Current Debt	131 000	63 000	3 710 000	3 163 000
Total Equity and Debt	14 450 000	14 870 000	8 170 000	7 671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	136,19 %	−351,35 %	67,07 %	−80,36 %
Debt-to-Equity Ratio	−137,37	399,19	25,71	79,5
Operating Profit Margin	42,55 %	40,94 %	70,62 %	45,8 %
Current Ratio	4,72	13,22	0,21	0,16
Quick Ratio	4,72	13,22	0,21	0,16
Equity Ratio	−0,01	0	0,02	0,01
Gross Profit Margin	99,9 %	96,72 %	100 %	100 %