SANDEÅSEN UTVIKLING AS

3118 TØNSBERG

Finances

Return on Equity

2 491,84 %

Current Ratio

1,71

Debt-to-Equity Ratio

18,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 400 000	6 560 000	3 476 000	101 000
Net Income	7 027 000	14 721 000	3 774 000	10 020 000
Total Assets	12 726 000	15 529 000	13 522 000	11 150 000
Total Equity	282 000	255 000	13 234 000	10 460 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 400 000	6 560 000	3 476 000	101 000
Expenditure	7 085 000	1 213 000	2 465 000	131 000
Operating Profit	2 315 000	5 347 000	1 012 000	−30 000
Financial Income	5 000 000	10 770 000	3 000 000	10 112 000
Financial Costs	4 000	5 000	0	11 000
Financial Balance	4 996 000	10 765 000	3 000 000	10 101 000
Earnings Before Tax	7 311 000	16 113 000	4 011 000	10 072 000
Tax	284 000	1 392 000	237 000	52 000
Net Income	7 027 000	14 721 000	3 774 000	10 020 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	200 000	200 000	200 000	200 000
Total Current Assets	12 526 000	15 329 000	13 322 000	10 950 000
Total Assets	12 726 000	15 529 000	13 522 000	11 150 000
Total Retained Equity	179 000	152 000	13 131 000	10 356 000
Total Equity	282 000	255 000	13 234 000	10 460 000
Total Long-Term Debt	5 097 000	5 117 000	0	0
Total Current Debt	7 346 000	10 157 000	288 000	690 000
Total Equity and Debt	12 726 000	15 529 000	13 522 000	11 150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 400 000	1 160 000	2 240 000	0
Other Income	0	5 400 000	1 236 000	101 000
Revenue	9 400 000	6 560 000	3 476 000	101 000
Cost of Goods Sold	6 957 000	1 120 000	2 240 000	0
Salary Costs	0	0	46 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 085 000	1 213 000	2 465 000	131 000
Operating Profit	2 315 000	5 347 000	1 012 000	−30 000
Financial Income	5 000 000	10 770 000	3 000 000	10 112 000
Financial Costs	4 000	5 000	0	11 000
Financial Balance	4 996 000	10 765 000	3 000 000	10 101 000
Dividends	7 000 000	27 700 000	0	0
Net Income	7 027 000	14 721 000	3 774 000	10 020 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	200 000	200 000	200 000	200 000
Total Fixed Assets	200 000	200 000	200 000	200 000
Stock	0	7 961 000	8 077 000	10 317 000
Total Investments	0	0	0	0
Cash, Bank	11 000	1 598 000	303 000	340 000
Total Current Assets	12 526 000	15 329 000	13 322 000	10 950 000
Total Assets	12 726 000	15 529 000	13 522 000	11 150 000
Total Equity	282 000	255 000	13 234 000	10 460 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 097 000	5 117 000	0	0
Creditors	10 000	13 000	3 000	0
Unpaid Taxes	0	0	0	0
Dividends	7 000 000	27 700 000	0	0
Other Current Debt	53 000	1 053 000	48 000	638 000
Total Current Debt	7 346 000	10 157 000	288 000	690 000
Total Equity and Debt	12 726 000	15 529 000	13 522 000	11 150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2 491,84 %	5 772,94 %	28,52 %	95,79 %
Debt-to-Equity Ratio	18,07	20,07	0	0
Operating Profit Margin	24,63 %	81,51 %	29,11 %	−29,7 %
Current Ratio	1,71	1,51	46,26	15,87
Quick Ratio	1,71	6,98	−1,71	−1,14
Equity Ratio	0,02	0,02	0,98	0,94
Gross Profit Margin	25,99 %	82,93 %	35,56 %	100 %