V. STRAND INVEST AS

6055 GODØYA

Finances

Share Ownership

Return on Equity

7,21 %

Current Ratio

80,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	748 000	337 000	551 000	99 000
Net Income	363 000	−978 000	−162 000	−647 000
Total Assets	5 048 000	6 814 000	7 793 000	8 243 000
Total Equity	5 034 000	4 871 000	5 849 000	6 011 000

Income (NOK)	2022	2021	2020	2019
Revenue	748 000	337 000	551 000	99 000
Expenditure	405 000	1 279 000	794 000	852 000
Operating Profit	342 000	−942 000	−244 000	−752 000
Financial Income	33 000	13 000	25 000	115 000
Financial Costs	12 000	50 000	69 000	9 000
Financial Balance	21 000	−37 000	−44 000	106 000
Earnings Before Tax	363 000	−978 000	−288 000	−647 000
Tax	0	0	−126 000	0
Net Income	363 000	−978 000	−162 000	−647 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 404 000	4 273 000	4 629 000	4 492 000
Total Current Assets	644 000	2 541 000	3 163 000	3 751 000
Total Assets	5 048 000	6 814 000	7 793 000	8 243 000
Total Retained Equity	4 984 000	4 821 000	5 799 000	5 961 000
Total Equity	5 034 000	4 871 000	5 849 000	6 011 000
Total Long-Term Debt	6 000	1 806 000	1 906 000	2 006 000
Total Current Debt	8 000	137 000	37 000	226 000
Total Equity and Debt	5 048 000	6 814 000	7 793 000	8 243 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 000	337 000	551 000	84 000
Other Income	693 000	0	0	15 000
Revenue	748 000	337 000	551 000	99 000
Cost of Goods Sold	0	0	0	0
Salary Costs	60 000	656 000	130 000	335 000
Depreciation	158 000	352 000	342 000	116 000
Impairment	0	0	0	0
Expenditure	405 000	1 279 000	794 000	852 000
Operating Profit	342 000	−942 000	−244 000	−752 000
Financial Income	33 000	13 000	25 000	115 000
Financial Costs	12 000	50 000	69 000	9 000
Financial Balance	21 000	−37 000	−44 000	106 000
Dividends	200 000	0	0	0
Net Income	363 000	−978 000	−162 000	−647 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	351 000	371 000	392 000	0
Machinery and Plant Facilities	19 000	469 000	586 000	620 000
Fixtures	34 000	59 000	83 000	107 000
Total Tangible Assets	404 000	4 269 000	4 621 000	4 479 000
Total Fiancial Fixed Assets	4 001 000	4 000	8 000	13 000
Total Fixed Assets	4 404 000	4 273 000	4 629 000	4 492 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	600 000	2 500 000	3 014 000	3 678 000
Total Current Assets	644 000	2 541 000	3 163 000	3 751 000
Total Assets	5 048 000	6 814 000	7 793 000	8 243 000
Total Equity	5 034 000	4 871 000	5 849 000	6 011 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	1 806 000	1 906 000	2 006 000
Creditors	8 000	22 000	20 000	59 000
Unpaid Taxes	0	106 000	8 000	127 000
Dividends	200 000	0	0	0
Other Current Debt	0	9 000	9 000	40 000
Total Current Debt	8 000	137 000	37 000	226 000
Total Equity and Debt	5 048 000	6 814 000	7 793 000	8 243 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,21 %	−20,08 %	−2,77 %	−10,76 %
Debt-to-Equity Ratio	0	0,37	0,33	0,33
Operating Profit Margin	45,72 %	−279,53 %	−44,28 %	−759,6 %
Current Ratio	80,5	18,55	85,49	16,6
Quick Ratio	80,5	18,55	85,49	16,6
Equity Ratio	1	0,71	0,75	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %