STRANDCO AS

1543 VESTBY

Finances

Share Ownership

Return on Equity

−10,1 %

Current Ratio

2,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 104 000	8 732 000	11 145 000	7 281 000
Net Income	−563 000	33 000	346 000	−388 000
Total Assets	9 154 000	8 391 000	9 270 000	5 954 000
Total Equity	5 577 000	5 574 000	5 540 000	5 540 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 104 000	8 732 000	11 145 000	7 281 000
Expenditure	5 792 000	8 916 000	10 825 000	7 889 000
Operating Profit	−687 000	−183 000	321 000	−609 000
Financial Income	100 000	344 000	225 000	168 000
Financial Costs	134 000	118 000	102 000	56 000
Financial Balance	−34 000	226 000	123 000	112 000
Earnings Before Tax	−721 000	43 000	443 000	−497 000
Tax	−159 000	9 000	98 000	−109 000
Net Income	−563 000	33 000	346 000	−388 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	103 000	109 000	120 000	137 000
Total Current Assets	9 051 000	8 281 000	9 150 000	5 817 000
Total Assets	9 154 000	8 391 000	9 270 000	5 954 000
Total Retained Equity	4 217 000	4 780 000	4 747 000	4 747 000
Total Equity	5 577 000	5 574 000	5 540 000	5 540 000
Total Long-Term Debt	1 000	0	0	2 000
Total Current Debt	3 576 000	2 817 000	3 730 000	411 000
Total Equity and Debt	9 154 000	8 391 000	9 270 000	5 954 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 104 000	8 732 000	11 145 000	7 281 000
Other Income	0	0	0	0
Revenue	5 104 000	8 732 000	11 145 000	7 281 000
Cost of Goods Sold	2 662 000	4 738 000	6 377 000	3 827 000
Salary Costs	1 470 000	2 324 000	2 575 000	1 909 000
Depreciation	17 000	9 000	9 000	24 000
Impairment	0	0	0	0
Expenditure	5 792 000	8 916 000	10 825 000	7 889 000
Operating Profit	−687 000	−183 000	321 000	−609 000
Financial Income	100 000	344 000	225 000	168 000
Financial Costs	134 000	118 000	102 000	56 000
Financial Balance	−34 000	226 000	123 000	112 000
Dividends	0	0	346 000	0
Net Income	−563 000	33 000	346 000	−388 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	29 000	31 000	39 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	74 000	48 000	56 000	65 000
Total Tangible Assets	74 000	48 000	56 000	65 000
Total Fiancial Fixed Assets	0	33 000	33 000	33 000
Total Fixed Assets	103 000	109 000	120 000	137 000
Stock	4 499 000	3 489 000	2 578 000	3 461 000
Total Investments	0	0	0	0
Cash, Bank	3 066 000	4 018 000	4 829 000	1 313 000
Total Current Assets	9 051 000	8 281 000	9 150 000	5 817 000
Total Assets	9 154 000	8 391 000	9 270 000	5 954 000
Total Equity	5 577 000	5 574 000	5 540 000	5 540 000
Short-Term Group Debt	3 183 000	1 997 000	2 040 000	0
Total Long-Term Debt	1 000	0	0	2 000
Creditors	97 000	181 000	300 000	113 000
Unpaid Taxes	173 000	188 000	423 000	133 000
Dividends	0	0	346 000	0
Other Current Debt	123 000	444 000	529 000	165 000
Total Current Debt	3 576 000	2 817 000	3 730 000	411 000
Total Equity and Debt	9 154 000	8 391 000	9 270 000	5 954 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,1 %	0,59 %	6,25 %	−7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−13,46 %	−2,1 %	2,88 %	−8,36 %
Current Ratio	2,53	2,94	2,45	14,15
Quick Ratio	−9,81	−12,32	7,94	−1,91
Equity Ratio	0,61	0,66	0,6	0,93
Gross Profit Margin	47,84 %	45,74 %	42,78 %	47,44 %