SANDNES SHIPPING AS

4306 SANDNES

Finances

Return on Equity

−10,63 %

Current Ratio

3,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	677 000	675 000	643 000	488 000
Net Income	−1 089 000	1 770 000	2 662 000	1 439 000
Total Assets	15 302 000	12 205 000	10 718 000	8 202 000
Total Equity	10 240 000	11 730 000	10 160 000	7 793 000

Income (NOK)	2022	2021	2020	2019
Revenue	677 000	675 000	643 000	488 000
Expenditure	99 000	245 000	401 000	55 000
Operating Profit	577 000	429 000	241 000	434 000
Financial Income	4 347 000	2 237 000	2 472 000	1 130 000
Financial Costs	5 876 000	798 000	1 000	27 000
Financial Balance	−1 529 000	1 439 000	2 471 000	1 103 000
Earnings Before Tax	−952 000	1 869 000	2 712 000	1 537 000
Tax	137 000	99 000	50 000	97 000
Net Income	−1 089 000	1 770 000	2 662 000	1 439 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 000	3 000	0
Total Current Assets	15 302 000	12 204 000	10 715 000	8 202 000
Total Assets	15 302 000	12 205 000	10 718 000	8 202 000
Total Retained Equity	10 140 000	11 630 000	10 060 000	7 693 000
Total Equity	10 240 000	11 730 000	10 160 000	7 793 000
Total Long-Term Debt	9 000	0	0	1 000
Total Current Debt	5 053 000	476 000	558 000	408 000
Total Equity and Debt	15 302 000	12 205 000	10 718 000	8 202 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	677 000	675 000	643 000	488 000
Other Income	0	0	0	0
Revenue	677 000	675 000	643 000	488 000
Cost of Goods Sold	0	0	0	0
Salary Costs	46 000	197 000	344 000	4 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	99 000	245 000	401 000	55 000
Operating Profit	577 000	429 000	241 000	434 000
Financial Income	4 347 000	2 237 000	2 472 000	1 130 000
Financial Costs	5 876 000	798 000	1 000	27 000
Financial Balance	−1 529 000	1 439 000	2 471 000	1 103 000
Dividends	400 000	200 000	250 000	200 000
Net Income	−1 089 000	1 770 000	2 662 000	1 439 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	3 000	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	0	0	0	0
Total Fixed Assets	0	1 000	3 000	0
Stock	0	0	0	0
Total Investments	9 674 000	11 995 000	10 381 000	7 979 000
Cash, Bank	5 506 000	102 000	173 000	147 000
Total Current Assets	15 302 000	12 204 000	10 715 000	8 202 000
Total Assets	15 302 000	12 205 000	10 718 000	8 202 000
Total Equity	10 240 000	11 730 000	10 160 000	7 793 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 000	0	0	1 000
Creditors	0	43 000	43 000	0
Unpaid Taxes	159 000	162 000	169 000	113 000
Dividends	400 000	200 000	250 000	200 000
Other Current Debt	4 566 000	173 000	41 000	0
Total Current Debt	5 053 000	476 000	558 000	408 000
Total Equity and Debt	15 302 000	12 205 000	10 718 000	8 202 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,63 %	15,09 %	26,2 %	18,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	85,23 %	63,56 %	37,48 %	88,93 %
Current Ratio	3,03	25,64	19,2	20,1
Quick Ratio	3,03	25,64	19,2	20,1
Equity Ratio	0,67	0,96	0,95	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %