STRANDKANTEN AS

9007 TROMSØ

Finances

Share Ownership

Return on Equity

102,75 %

Current Ratio

0,49

Debt-to-Equity Ratio

−0

Key figures (NOK)	2017	2016	2015	2014
Revenue	662 000	162 000	787 000	688 000
Net Income	−449 000	−772 000	−3 288 000	−46 000
Total Assets	3 039 000	3 259 000	6 067 000	6 336 000
Total Equity	−437 000	12 000	709 000	3 997 000

Income (NOK)	2017	2016	2015	2014
Revenue	662 000	162 000	787 000	688 000
Expenditure	805 000	753 000	4 533 000	80 000
Operating Profit	−143 000	−591 000	−4 040 000	382 000
Financial Income	1 000	3 000	3 000	14 000
Financial Costs	371 000	371 000	344 000	459 000
Financial Balance	−370 000	−368 000	−341 000	−445 000
Earnings Before Tax	−513 000	−959 000	−4 381 000	−63 000
Tax	−65 000	−186 000	−1 094 000	−18 000
Net Income	−449 000	−772 000	−3 288 000	−46 000

Balance (NOK)	2017	2016	2015	2014
Total Fixed Assets	1 344 000	1 279 000	1 118 000	24 000
Total Current Assets	1 695 000	1 980 000	4 949 000	6 311 000
Total Assets	3 039 000	3 259 000	6 067 000	6 336 000
Total Retained Equity	−4 717 000	−4 268 000	−3 571 000	−283 000
Total Equity	−437 000	12 000	709 000	3 997 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 475 000	3 247 000	5 357 000	2 338 000
Total Equity and Debt	3 039 000	3 259 000	6 067 000	6 336 000

Cash flow (NOK)	2017	2016	2015	2014
Sales Income	0	0	625 000	400 000
Other Income	662 000	162 000	162 000	288 000
Revenue	662 000	162 000	787 000	688 000
Cost of Goods Sold	5 000	276 000	2 856 000	−21 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	805 000	753 000	4 533 000	80 000
Operating Profit	−143 000	−591 000	−4 040 000	382 000
Financial Income	1 000	3 000	3 000	14 000
Financial Costs	371 000	371 000	344 000	459 000
Financial Balance	−370 000	−368 000	−341 000	−445 000
Dividends	0	0	0	0
Net Income	−449 000	−772 000	−3 288 000	−46 000

Balance details (NOK)	2017	2016	2015	2014
Goodwill	0	0	0	0
Total Intangible Assets	1 344 000	1 279 000	1 118 000	24 000
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	1 344 000	1 279 000	1 118 000	24 000
Stock	520 000	520 000	520 000	814 000
Total Investments	0	0	0	0
Cash, Bank	14 000	116 000	4 000	18 000
Total Current Assets	1 695 000	1 980 000	4 949 000	6 311 000
Total Assets	3 039 000	3 259 000	6 067 000	6 336 000
Total Equity	−437 000	12 000	709 000	3 997 000
Short-Term Group Debt	0	0	699 000	0
Total Long-Term Debt	0	0	0	0
Creditors	229 000	0	656 000	83 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 246 000	3 246 000	4 002 000	2 255 000
Total Current Debt	3 475 000	3 247 000	5 357 000	2 338 000
Total Equity and Debt	3 039 000	3 259 000	6 067 000	6 336 000

Financial indicators	2017	2016	2015	2014
Return on Equity	102,75 %	−6 433,33 %	−463,75 %	−1,15 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−21,6 %	−364,81 %	−513,34 %	55,52 %
Current Ratio	0,49	0,61	0,92	2,7
Quick Ratio	0,57	0,73	1,02	4,14
Equity Ratio	−0,14	0	0,12	0,63
Gross Profit Margin	99,24 %	−70,37 %	−262,9 %	103,05 %