SANDTANGEN HOLDING AS

3086 HOLMESTRAND

Finances

Return on Equity

−22,38 %

Current Ratio

0,94

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020
Revenue	164 000	82 000	140 000
Net Income	−47 000	−68 000	25 000
Total Assets	634 000	594 000	824 000
Total Equity	210 000	256 000	325 000

Income (NOK)	2022	2021	2020
Revenue	164 000	82 000	140 000
Expenditure	187 000	139 000	92 000
Operating Profit	−23 000	−57 000	47 000
Financial Income	0	0	0
Financial Costs	24 000	18 000	16 000
Financial Balance	−24 000	−18 000	−16 000
Earnings Before Tax	−47 000	−75 000	31 000
Tax	0	−7 000	7 000
Net Income	−47 000	−68 000	25 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	392 000	514 000	431 000
Total Current Assets	241 000	80 000	393 000
Total Assets	634 000	594 000	824 000
Total Retained Equity	−90 000	−44 000	25 000
Total Equity	210 000	256 000	325 000
Total Long-Term Debt	167 000	258 000	357 000
Total Current Debt	257 000	79 000	143 000
Total Equity and Debt	634 000	594 000	824 000

Cash flow (NOK)	2022	2021	2020
Sales Income	164 000	82 000	140 000
Other Income	0	0	0
Revenue	164 000	82 000	140 000
Cost of Goods Sold	0	0	40 000
Salary Costs	0	0	0
Depreciation	122 000	122 000	36 000
Impairment	0	0	0
Expenditure	187 000	139 000	92 000
Operating Profit	−23 000	−57 000	47 000
Financial Income	0	0	0
Financial Costs	24 000	18 000	16 000
Financial Balance	−24 000	−18 000	−16 000
Dividends	0	0	0
Net Income	−47 000	−68 000	25 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	362 000	484 000	401 000
Total Tangible Assets	362 000	484 000	401 000
Total Fiancial Fixed Assets	30 000	30 000	30 000
Total Fixed Assets	392 000	514 000	431 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	−103 000	−76 000	18 000
Total Current Assets	241 000	80 000	393 000
Total Assets	634 000	594 000	824 000
Total Equity	210 000	256 000	325 000
Short-Term Group Debt	0	0	142 000
Total Long-Term Debt	167 000	258 000	357 000
Creditors	27 000	−7 000	1 000
Unpaid Taxes	12 000	0	0
Dividends	0	0	0
Other Current Debt	219 000	86 000	0
Total Current Debt	257 000	79 000	143 000
Total Equity and Debt	634 000	594 000	824 000

Financial indicators	2022	2021	2020
Return on Equity	−22,38 %	−26,56 %	7,69 %
Debt-to-Equity Ratio	0,8	1,01	1,1
Operating Profit Margin	−14,02 %	−69,51 %	33,57 %
Current Ratio	0,94	1,01	2,75
Quick Ratio	0,94	1,01	2,75
Equity Ratio	0,33	0,43	0,39
Gross Profit Margin	100 %	100 %	71,43 %