STRANDFJORDEN EIENDOM AS

4878 GRIMSTAD

Finances

Share Ownership

Return on Equity

−29 %

Current Ratio

3,23

Debt-to-Equity Ratio

13,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	168 000	4 343 000	60 575 000	41 062 000
Net Income	−125 000	382 000	11 694 000	3 662 000
Total Assets	9 148 000	8 879 000	12 912 000	31 944 000
Total Equity	431 000	334 000	307 000	308 000

Income (NOK)	2022	2021	2020	2019
Revenue	168 000	4 343 000	60 575 000	41 062 000
Expenditure	26 000	3 604 000	44 664 000	35 538 000
Operating Profit	142 000	739 000	15 912 000	5 524 000
Financial Income	0	0	0	0
Financial Costs	302 000	248 000	918 000	1 386 000
Financial Balance	−302 000	−248 000	−918 000	−1 386 000
Earnings Before Tax	−160 000	490 000	14 994 000	4 138 000
Tax	−35 000	108 000	3 299 000	476 000
Net Income	−125 000	382 000	11 694 000	3 662 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	81 000	4 000	4 000
Total Current Assets	9 094 000	8 798 000	12 908 000	31 940 000
Total Assets	9 148 000	8 879 000	12 912 000	31 944 000
Total Retained Equity	0	28 000	1 000	2 000
Total Equity	431 000	334 000	307 000	308 000
Total Long-Term Debt	5 900 000	5 900 000	7 900 000	4 490 000
Total Current Debt	2 817 000	2 645 000	4 705 000	27 146 000
Total Equity and Debt	9 148 000	8 879 000	12 912 000	31 944 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 000	4 238 000	60 575 000	41 062 000
Other Income	126 000	105 000	0	0
Revenue	168 000	4 343 000	60 575 000	41 062 000
Cost of Goods Sold	−78 000	3 101 000	43 654 000	34 726 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	26 000	3 604 000	44 664 000	35 538 000
Operating Profit	142 000	739 000	15 912 000	5 524 000
Financial Income	0	0	0	0
Financial Costs	302 000	248 000	918 000	1 386 000
Financial Balance	−302 000	−248 000	−918 000	−1 386 000
Dividends	0	0	0	2 850 000
Net Income	−125 000	382 000	11 694 000	3 662 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	77 000	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	4 000	4 000	4 000	4 000
Total Fixed Assets	54 000	81 000	4 000	4 000
Stock	8 569 000	8 415 000	11 417 000	28 149 000
Total Investments	0	0	0	0
Cash, Bank	2 000	21 000	205 000	0
Total Current Assets	9 094 000	8 798 000	12 908 000	31 940 000
Total Assets	9 148 000	8 879 000	12 912 000	31 944 000
Total Equity	431 000	334 000	307 000	308 000
Short-Term Group Debt	2 520 000	2 268 000	4 627 000	0
Total Long-Term Debt	5 900 000	5 900 000	7 900 000	4 490 000
Creditors	30 000	1 000	22 000	2 075 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	2 850 000
Other Current Debt	267 000	376 000	56 000	508 000
Total Current Debt	2 817 000	2 645 000	4 705 000	27 146 000
Total Equity and Debt	9 148 000	8 879 000	12 912 000	31 944 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29 %	114,37 %	3 809,12 %	1 188,96 %
Debt-to-Equity Ratio	13,69	17,66	25,73	14,58
Operating Profit Margin	84,52 %	17,02 %	26,27 %	13,45 %
Current Ratio	3,23	3,33	2,74	1,18
Quick Ratio	−1,58	−1,52	−1,92	−31,84
Equity Ratio	0,05	0,04	0,02	0,01
Gross Profit Margin	146,43 %	28,6 %	27,93 %	15,43 %