STRANDGATA 40 AS

8470 BØ I VESTERÅLEN

Finances

Share Ownership

Return on Equity

−42,52 %

Current Ratio

0,36

Debt-to-Equity Ratio

46,97

Key figures (NOK)	2022	2021	2020
Revenue	3 983 000	3 204 000	2 021 000
Net Income	−347 000	157 000	390 000
Total Assets	39 825 000	42 345 000	37 628 000
Total Equity	816 000	1 164 000	1 371 000

Income (NOK)	2022	2021	2020
Revenue	3 983 000	3 204 000	2 021 000
Expenditure	2 575 000	2 047 000	1 028 000
Operating Profit	1 409 000	1 158 000	993 000
Financial Income	1 000	0	10 000
Financial Costs	1 795 000	957 000	505 000
Financial Balance	−1 794 000	−957 000	−495 000
Earnings Before Tax	−386 000	201 000	499 000
Tax	−39 000	44 000	108 000
Net Income	−347 000	157 000	390 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	39 582 000	40 936 000	36 596 000
Total Current Assets	243 000	1 409 000	1 032 000
Total Assets	39 825 000	42 345 000	37 628 000
Total Retained Equity	−345 000	2 000	161 000
Total Equity	816 000	1 164 000	1 371 000
Total Long-Term Debt	38 327 000	40 203 000	35 616 000
Total Current Debt	682 000	979 000	641 000
Total Equity and Debt	39 825 000	42 345 000	37 628 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 000	0	0
Other Income	3 979 000	3 204 000	2 021 000
Revenue	3 983 000	3 204 000	2 021 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	1 536 000	1 332 000	770 000
Impairment	0	0	0
Expenditure	2 575 000	2 047 000	1 028 000
Operating Profit	1 409 000	1 158 000	993 000
Financial Income	1 000	0	10 000
Financial Costs	1 795 000	957 000	505 000
Financial Balance	−1 794 000	−957 000	−495 000
Dividends	0	0	0
Net Income	−347 000	157 000	390 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	39 366 000	40 694 000	36 596 000
Machinery and Plant Facilities	216 000	242 000	0
Fixtures	0	0	0
Total Tangible Assets	39 582 000	40 936 000	36 596 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	39 582 000	40 936 000	36 596 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	198 000	3 000	936 000
Total Current Assets	243 000	1 409 000	1 032 000
Total Assets	39 825 000	42 345 000	37 628 000
Total Equity	816 000	1 164 000	1 371 000
Short-Term Group Debt	0	314 000	314 000
Total Long-Term Debt	38 327 000	40 203 000	35 616 000
Creditors	101 000	455 000	117 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	499 000	210 000	210 000
Total Current Debt	682 000	979 000	641 000
Total Equity and Debt	39 825 000	42 345 000	37 628 000

Financial indicators	2022	2021	2020
Return on Equity	−42,52 %	13,49 %	28,45 %
Debt-to-Equity Ratio	46,97	34,54	25,98
Operating Profit Margin	35,38 %	36,14 %	49,13 %
Current Ratio	0,36	1,44	1,61
Quick Ratio	0,36	1,44	1,61
Equity Ratio	0,02	0,03	0,04
Gross Profit Margin	100 %	100 %	100 %