STRANDGATA 31 SORTLAND AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

−2,19 %

Current Ratio

0,82

Debt-to-Equity Ratio

1,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 947 000	1 924 000	1 772 000	946 000
Net Income	−195 000	224 000	−56 000	80 000
Total Assets	24 410 000	20 907 000	21 462 000	21 736 000
Total Equity	8 919 000	8 832 000	8 608 000	8 470 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 947 000	1 924 000	1 772 000	946 000
Expenditure	1 791 000	1 347 000	1 500 000	585 000
Operating Profit	156 000	577 000	273 000	360 000
Financial Income	15 000	7 000	8 000	7 000
Financial Costs	421 000	297 000	353 000	265 000
Financial Balance	−406 000	−290 000	−345 000	−258 000
Earnings Before Tax	−250 000	287 000	−72 000	102 000
Tax	−55 000	63 000	−16 000	22 000
Net Income	−195 000	224 000	−56 000	80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 252 000	19 669 000	20 499 000	20 261 000
Total Current Assets	1 158 000	1 238 000	963 000	1 475 000
Total Assets	24 410 000	20 907 000	21 462 000	21 736 000
Total Retained Equity	52 000	247 000	23 000	80 000
Total Equity	8 919 000	8 832 000	8 608 000	8 470 000
Total Long-Term Debt	14 074 000	11 924 000	12 784 000	13 170 000
Total Current Debt	1 417 000	151 000	70 000	97 000
Total Equity and Debt	24 410 000	20 907 000	21 462 000	21 736 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 947 000	1 924 000	1 772 000	946 000
Revenue	1 947 000	1 924 000	1 772 000	946 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	902 000	831 000	794 000	342 000
Impairment	0	0	0	0
Expenditure	1 791 000	1 347 000	1 500 000	585 000
Operating Profit	156 000	577 000	273 000	360 000
Financial Income	15 000	7 000	8 000	7 000
Financial Costs	421 000	297 000	353 000	265 000
Financial Balance	−406 000	−290 000	−345 000	−258 000
Dividends	0	0	0	0
Net Income	−195 000	224 000	−56 000	80 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	23 252 000	19 669 000	20 499 000	20 261 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	23 252 000	19 669 000	20 499 000	20 261 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 252 000	19 669 000	20 499 000	20 261 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	243 000	1 181 000	658 000	939 000
Total Current Assets	1 158 000	1 238 000	963 000	1 475 000
Total Assets	24 410 000	20 907 000	21 462 000	21 736 000
Total Equity	8 919 000	8 832 000	8 608 000	8 470 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 074 000	11 924 000	12 784 000	13 170 000
Creditors	512 000	19 000	10 000	34 000
Unpaid Taxes	0	64 000	49 000	48 000
Dividends	0	0	0	0
Other Current Debt	904 000	20 000	11 000	15 000
Total Current Debt	1 417 000	151 000	70 000	97 000
Total Equity and Debt	24 410 000	20 907 000	21 462 000	21 736 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,19 %	2,54 %	−0,65 %	0,94 %
Debt-to-Equity Ratio	1,58	1,35	1,49	1,55
Operating Profit Margin	8,01 %	29,99 %	15,41 %	38,05 %
Current Ratio	0,82	8,2	13,76	15,21
Quick Ratio	0,82	8,2	13,76	15,21
Equity Ratio	0,37	0,42	0,4	0,39
Gross Profit Margin	100 %	100 %	100 %	100 %