STRAND MARINE AS

4354 VOLL

Finances

Return on Equity

38,09 %

Current Ratio

2,02

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 284 000	8 478 000	2 082 000	485 000
Net Income	299 000	−86 000	581 000	−6 000
Total Assets	1 811 000	1 536 000	1 308 000	75 000
Total Equity	785 000	486 000	572 000	−9 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 284 000	8 478 000	2 082 000	485 000
Expenditure	6 891 000	8 559 000	1 347 000	493 000
Operating Profit	394 000	−82 000	734 000	−8 000
Financial Income	12 000	2 000	0	2 000
Financial Costs	38 000	15 000	0	0
Financial Balance	−26 000	−13 000	0	2 000
Earnings Before Tax	368 000	−95 000	734 000	−6 000
Tax	69 000	−8 000	153 000	0
Net Income	299 000	−86 000	581 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	523 000	733 000	134 000	0
Total Current Assets	1 287 000	803 000	1 174 000	75 000
Total Assets	1 811 000	1 536 000	1 308 000	75 000
Total Retained Equity	755 000	456 000	542 000	−39 000
Total Equity	785 000	486 000	572 000	−9 000
Total Long-Term Debt	390 000	490 000	8 000	0
Total Current Debt	636 000	561 000	728 000	84 000
Total Equity and Debt	1 811 000	1 536 000	1 308 000	75 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 277 000	8 478 000	2 082 000	485 000
Other Income	7 000	0	0	0
Revenue	7 284 000	8 478 000	2 082 000	485 000
Cost of Goods Sold	5 529 000	7 509 000	1 073 000	463 000
Salary Costs	733 000	589 000	159 000	0
Depreciation	89 000	55 000	3 000	0
Impairment	0	0	0	0
Expenditure	6 891 000	8 559 000	1 347 000	493 000
Operating Profit	394 000	−82 000	734 000	−8 000
Financial Income	12 000	2 000	0	2 000
Financial Costs	38 000	15 000	0	0
Financial Balance	−26 000	−13 000	0	2 000
Dividends	0	0	0	0
Net Income	299 000	−86 000	581 000	−6 000

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	0	0	134 000	0
Fixtures	96 000	283 000	0	0
Total Tangible Assets	96 000	283 000	134 000	0
Total Fiancial Fixed Assets	427 000	450 000	0	0
Total Fixed Assets	523 000	733 000	134 000	0
Stock	999 000	506 000	962 000	41 000
Total Investments	0	0	0	0
Cash, Bank	21 000	108 000	181 000	25 000
Total Current Assets	1 287 000	803 000	1 174 000	75 000
Total Assets	1 811 000	1 536 000	1 308 000	75 000
Total Equity	785 000	486 000	572 000	−9 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	390 000	490 000	8 000	0
Creditors	168 000	424 000	48 000	54 000
Unpaid Taxes	89 000	52 000	71 000	0
Dividends	0	0	0	0
Other Current Debt	185 000	85 000	465 000	29 000
Total Current Debt	636 000	561 000	728 000	84 000
Total Equity and Debt	1 811 000	1 536 000	1 308 000	75 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,09 %	−17,7 %	101,57 %	66,67 %
Debt-to-Equity Ratio	0,5	1,01	0,01	−0
Operating Profit Margin	5,41 %	−0,97 %	35,25 %	−1,65 %
Current Ratio	2,02	1,43	1,61	0,89
Quick Ratio	−3,55	14,6	−5,02	1,74
Equity Ratio	0,43	0,32	0,44	−0,12
Gross Profit Margin	24,09 %	11,43 %	48,46 %	4,54 %