SANDE HOTEL AS

6973 SANDE I SUNNFJORD

Finances

Share Ownership

Return on Equity

132,55 %

Current Ratio

3,03

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 492 000	0	0	80 000
Net Income	786 000	0	−31 000	80 000
Total Assets	901 000	2 000	0	125 000
Total Equity	593 000	2 000	0	39 000

Income (NOK)	2021	2019	2018
Revenue	2 492 000	0	80 000
Expenditure	1 705 000	0	0
Operating Profit	786 000	0	80 000
Financial Income	0	0	0
Financial Costs	0	31 000	0
Financial Balance	0	−31 000	0
Earnings Before Tax	786 000	−31 000	80 000
Tax	0	0	0
Net Income	786 000	−31 000	80 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	901 000	2 000	0	125 000
Total Assets	901 000	2 000	0	125 000
Total Retained Equity	443 000	−148 000	−150 000	−111 000
Total Equity	593 000	2 000	0	39 000
Total Long-Term Debt	12 000	0	0	0
Total Current Debt	297 000	0	0	85 000
Total Equity and Debt	901 000	2 000	0	125 000

Cash flow (NOK)	2021	2019	2018
Sales Income	2 492 000	0	80 000
Other Income	0	0	0
Revenue	2 492 000	0	80 000
Cost of Goods Sold	359 000	0	0
Salary Costs	973 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 705 000	0	0
Operating Profit	786 000	0	80 000
Financial Income	0	0	0
Financial Costs	0	31 000	0
Financial Balance	0	−31 000	0
Dividends	0	0	0
Net Income	786 000	−31 000	80 000

Balance details (NOK)	2021	2020	2018
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	214 000	0	0
Total Investments	0	0	0
Cash, Bank	518 000	2 000	125 000
Total Current Assets	901 000	2 000	125 000
Total Assets	901 000	2 000	125 000
Total Equity	593 000	2 000	39 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	12 000	0	0
Creditors	78 000	0	0
Unpaid Taxes	186 000	0	0
Dividends	0	0	0
Other Current Debt	33 000	0	85 000
Total Current Debt	297 000	0	85 000
Total Equity and Debt	901 000	2 000	125 000

Financial indicators	2021	2020	2019	2018
Return on Equity	132,55 %	0 %	-	205,13 %
Debt-to-Equity Ratio	0,02	0	-	0
Operating Profit Margin	31,54 %	-	-	100 %
Current Ratio	3,03	-	-	1,47
Quick Ratio	10,86	-	-	1,47
Equity Ratio	0,66	1	-	0,31
Gross Profit Margin	85,59 %	-	-	100 %