SANDFACE AS

4050 SOLA

Finances

Return on Equity

7,33 %

Current Ratio

4,56

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 400 000	2 400 000	2 515 000	2 781 000
Net Income	879 000	7 239 000	2 357 000	460 000
Total Assets	13 442 000	14 319 000	7 203 000	5 022 000
Total Equity	12 000 000	12 721 000	5 482 000	3 126 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 400 000	2 400 000	2 515 000	2 781 000
Expenditure	1 267 000	1 370 000	1 867 000	2 102 000
Operating Profit	1 133 000	1 030 000	648 000	679 000
Financial Income	54 000	6 479 000	1 926 000	0
Financial Costs	59 000	53 000	71 000	90 000
Financial Balance	−5 000	6 426 000	1 855 000	−90 000
Earnings Before Tax	1 128 000	7 456 000	2 502 000	589 000
Tax	249 000	217 000	146 000	130 000
Net Income	879 000	7 239 000	2 357 000	460 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 040 000	9 722 000	3 222 000	4 401 000
Total Current Assets	2 401 000	4 596 000	3 980 000	622 000
Total Assets	13 442 000	14 319 000	7 203 000	5 022 000
Total Retained Equity	11 899 000	12 620 000	5 381 000	3 024 000
Total Equity	12 000 000	12 721 000	5 482 000	3 126 000
Total Long-Term Debt	915 000	1 055 000	1 195 000	1 335 000
Total Current Debt	526 000	542 000	525 000	562 000
Total Equity and Debt	13 442 000	14 319 000	7 203 000	5 022 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 400 000	2 400 000	2 515 000	2 781 000
Other Income	0	0	0	0
Revenue	2 400 000	2 400 000	2 515 000	2 781 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 145 000	1 276 000	1 665 000	1 666 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 267 000	1 370 000	1 867 000	2 102 000
Operating Profit	1 133 000	1 030 000	648 000	679 000
Financial Income	54 000	6 479 000	1 926 000	0
Financial Costs	59 000	53 000	71 000	90 000
Financial Balance	−5 000	6 426 000	1 855 000	−90 000
Dividends	1 600 000	0	0	0
Net Income	879 000	7 239 000	2 357 000	460 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	9 000
Real Eastate	3 170 000	3 170 000	3 191 000	3 170 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	220 000	21 000	0	21 000
Total Tangible Assets	3 390 000	3 191 000	3 191 000	3 191 000
Total Fiancial Fixed Assets	7 650 000	6 531 000	31 000	1 200 000
Total Fixed Assets	11 040 000	9 722 000	3 222 000	4 401 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 508 000	3 875 000	3 079 000	0
Total Current Assets	2 401 000	4 596 000	3 980 000	622 000
Total Assets	13 442 000	14 319 000	7 203 000	5 022 000
Total Equity	12 000 000	12 721 000	5 482 000	3 126 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	915 000	1 055 000	1 195 000	1 335 000
Creditors	14 000	8 000	10 000	−6 000
Unpaid Taxes	164 000	187 000	229 000	221 000
Dividends	1 600 000	0	0	0
Other Current Debt	99 000	131 000	150 000	154 000
Total Current Debt	526 000	542 000	525 000	562 000
Total Equity and Debt	13 442 000	14 319 000	7 203 000	5 022 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,33 %	56,91 %	43 %	14,72 %
Debt-to-Equity Ratio	0,08	0,08	0,22	0,43
Operating Profit Margin	47,21 %	42,92 %	25,77 %	24,42 %
Current Ratio	4,56	8,48	7,58	1,11
Quick Ratio	4,56	8,48	7,58	1,11
Equity Ratio	0,89	0,89	0,76	0,62
Gross Profit Margin	100 %	100 %	100 %	100 %