SANDÅKERGÅRDEN AS

3800 BØ I TELEMARK

Finances

Return on Equity

46,13 %

Current Ratio

1,11

Debt-to-Equity Ratio

2,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	804 000	874 000	888 000	753 000
Net Income	352 000	193 000	−161 000	119 000
Total Assets	2 922 000	2 696 000	3 311 000	3 192 000
Total Equity	763 000	633 000	1 190 000	1 561 000

Income (NOK)	2022	2021	2020	2019
Revenue	804 000	874 000	888 000	753 000
Expenditure	310 000	584 000	1 066 000	560 000
Operating Profit	495 000	290 000	−178 000	194 000
Financial Income	4 000	4 000	4 000	4 000
Financial Costs	48 000	47 000	33 000	45 000
Financial Balance	−44 000	−43 000	−29 000	−41 000
Earnings Before Tax	451 000	247 000	−206 000	153 000
Tax	99 000	54 000	−45 000	34 000
Net Income	352 000	193 000	−161 000	119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 476 000	2 520 000	2 915 000	2 962 000
Total Current Assets	445 000	176 000	396 000	229 000
Total Assets	2 922 000	2 696 000	3 311 000	3 192 000
Total Retained Equity	605 000	475 000	980 000	1 351 000
Total Equity	763 000	633 000	1 190 000	1 561 000
Total Long-Term Debt	1 759 000	1 836 000	1 869 000	1 472 000
Total Current Debt	400 000	227 000	252 000	159 000
Total Equity and Debt	2 922 000	2 696 000	3 311 000	3 192 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 000	144 000	159 000	18 000
Other Income	727 000	731 000	729 000	734 000
Revenue	804 000	874 000	888 000	753 000
Cost of Goods Sold	0	0	0	0
Salary Costs	−1 000	118 000	101 000	85 000
Depreciation	44 000	45 000	48 000	50 000
Impairment	0	0	0	0
Expenditure	310 000	584 000	1 066 000	560 000
Operating Profit	495 000	290 000	−178 000	194 000
Financial Income	4 000	4 000	4 000	4 000
Financial Costs	48 000	47 000	33 000	45 000
Financial Balance	−44 000	−43 000	−29 000	−41 000
Dividends	0	400 000	210 000	0
Net Income	352 000	193 000	−161 000	119 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 032 000	2 076 000	2 915 000	2 962 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 032 000	2 076 000	2 915 000	2 962 000
Total Fiancial Fixed Assets	444 000	444 000	0	0
Total Fixed Assets	2 476 000	2 520 000	2 915 000	2 962 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	330 000	115 000	287 000	196 000
Total Current Assets	445 000	176 000	396 000	229 000
Total Assets	2 922 000	2 696 000	3 311 000	3 192 000
Total Equity	763 000	633 000	1 190 000	1 561 000
Short-Term Group Debt	284 000	0	0	0
Total Long-Term Debt	1 759 000	1 836 000	1 869 000	1 472 000
Creditors	55 000	136 000	4 000	62 000
Unpaid Taxes	20 000	−1 000	19 000	41 000
Dividends	0	400 000	210 000	0
Other Current Debt	5 000	41 000	19 000	24 000
Total Current Debt	400 000	227 000	252 000	159 000
Total Equity and Debt	2 922 000	2 696 000	3 311 000	3 192 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,13 %	30,49 %	−13,53 %	7,62 %
Debt-to-Equity Ratio	2,31	2,9	1,57	0,94
Operating Profit Margin	61,57 %	33,18 %	−20,05 %	25,76 %
Current Ratio	1,11	0,78	1,57	1,44
Quick Ratio	1,11	0,78	1,57	1,44
Equity Ratio	0,26	0,23	0,36	0,49
Gross Profit Margin	100 %	100 %	100 %	100 %