ØVERIET SANDVIKA AS

1338 SANDVIKA

Finances

Share Ownership

Return on Equity

10,39 %

Current Ratio

1,63

Debt-to-Equity Ratio

9,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 313 000	1 205 000	341 000	0
Net Income	29 000	161 000	−24 000	−40 000
Total Assets	3 183 000	3 528 000	3 708 000	1 768 000
Total Equity	279 000	251 000	99 000	31 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 313 000	1 205 000	341 000	0
Expenditure	1 194 000	921 000	284 000	42 000
Operating Profit	119 000	284 000	57 000	−42 000
Financial Income	3 000	3 000	1 000	0
Financial Costs	85 000	80 000	89 000	10 000
Financial Balance	−82 000	−77 000	−88 000	−10 000
Earnings Before Tax	37 000	207 000	−31 000	−51 000
Tax	8 000	45 000	−7 000	−11 000
Net Income	29 000	161 000	−24 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 798 000	3 172 000	3 468 000	863 000
Total Current Assets	385 000	356 000	241 000	905 000
Total Assets	3 183 000	3 528 000	3 708 000	1 768 000
Total Retained Equity	157 000	128 000	−24 000	0
Total Equity	279 000	251 000	99 000	31 000
Total Long-Term Debt	2 667 000	3 018 000	3 304 000	1 688 000
Total Current Debt	236 000	260 000	305 000	50 000
Total Equity and Debt	3 183 000	3 528 000	3 708 000	1 768 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 112 000	1 005 000	258 000	0
Other Income	201 000	200 000	83 000	0
Revenue	1 313 000	1 205 000	341 000	0
Cost of Goods Sold	655 000	325 000	0	0
Salary Costs	0	128 000	0	0
Depreciation	374 000	367 000	151 000	0
Impairment	0	0	0	0
Expenditure	1 194 000	921 000	284 000	42 000
Operating Profit	119 000	284 000	57 000	−42 000
Financial Income	3 000	3 000	1 000	0
Financial Costs	85 000	80 000	89 000	10 000
Financial Balance	−82 000	−77 000	−88 000	−10 000
Dividends	0	0	0	0
Net Income	29 000	161 000	−24 000	−40 000

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	0	0
Fixtures	2 798 000	3 172 000	3 468 000	863 000
Total Tangible Assets	2 798 000	3 172 000	3 468 000	863 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 798 000	3 172 000	3 468 000	863 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	313 000	281 000	87 000	853 000
Total Current Assets	385 000	356 000	241 000	905 000
Total Assets	3 183 000	3 528 000	3 708 000	1 768 000
Total Equity	279 000	251 000	99 000	31 000
Short-Term Group Debt	12 000	12 000	0	0
Total Long-Term Debt	2 667 000	3 018 000	3 304 000	1 688 000
Creditors	24 000	25 000	187 000	50 000
Unpaid Taxes	2 000	2 000	0	0
Dividends	0	0	0	0
Other Current Debt	190 000	179 000	118 000	0
Total Current Debt	236 000	260 000	305 000	50 000
Total Equity and Debt	3 183 000	3 528 000	3 708 000	1 768 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,39 %	64,14 %	−24,24 %	−129,03 %
Debt-to-Equity Ratio	9,56	12,02	33,37	54,45
Operating Profit Margin	9,06 %	23,57 %	16,72 %	-
Current Ratio	1,63	1,37	0,79	18,1
Quick Ratio	1,63	1,37	0,79	18,1
Equity Ratio	0,09	0,07	0,03	0,02
Gross Profit Margin	50,11 %	73,03 %	100 %	-