STRAND SHIPPING INVEST AS

8624 MO I RANA

Finances

Return on Equity

−0,04 %

Current Ratio

N/A

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	253 000	125 000	0	105 180 000
Net Income	−2 000	−41 000	−62 000	5 277 000
Total Assets	4 548 000	5 090 000	4 131 000	63 281 000
Total Equity	4 457 000	4 459 000	4 038 000	34 820 000

Income (NOK)	2022	2021	2020	2019
Revenue	253 000	125 000	0	105 180 000
Expenditure	254 000	176 000	73 000	98 681 000
Operating Profit	−1 000	−51 000	−74 000	6 500 000
Financial Income	1 000	0	0	429 000
Financial Costs	0	1 000	0	126 000
Financial Balance	1 000	−1 000	0	303 000
Earnings Before Tax	0	−53 000	−74 000	6 803 000
Tax	2 000	−12 000	−12 000	1 526 000
Net Income	−2 000	−41 000	−62 000	5 277 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 058 000	4 121 000	4 131 000	10 038 000
Total Current Assets	490 000	969 000	0	53 242 000
Total Assets	4 548 000	5 090 000	4 131 000	63 281 000
Total Retained Equity	3 909 000	3 911 000	3 952 000	33 820 000
Total Equity	4 457 000	4 459 000	4 038 000	34 820 000
Total Long-Term Debt	91 000	89 000	93 000	91 000
Total Current Debt	0	542 000	0	28 370 000
Total Equity and Debt	4 548 000	5 090 000	4 131 000	63 281 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	105 180 000
Other Income	253 000	125 000	0	0
Revenue	253 000	125 000	0	105 180 000
Cost of Goods Sold	0	0	0	4 801 000
Salary Costs	41 000	0	0	15 519 000
Depreciation	63 000	73 000	69 000	119 000
Impairment	0	0	0	0
Expenditure	254 000	176 000	73 000	98 681 000
Operating Profit	−1 000	−51 000	−74 000	6 500 000
Financial Income	1 000	0	0	429 000
Financial Costs	0	1 000	0	126 000
Financial Balance	1 000	−1 000	0	303 000
Dividends	0	0	0	3 000 000
Net Income	−2 000	−41 000	−62 000	5 277 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 996 000	3 996 000	3 996 000	3 996 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	62 000	124 000	135 000	374 000
Total Tangible Assets	4 058 000	4 121 000	4 131 000	4 370 000
Total Fiancial Fixed Assets	0	0	0	5 668 000
Total Fixed Assets	4 058 000	4 121 000	4 131 000	10 038 000
Stock	0	0	0	20 000
Total Investments	0	0	0	0
Cash, Bank	393 000	501 000	0	41 924 000
Total Current Assets	490 000	969 000	0	53 242 000
Total Assets	4 548 000	5 090 000	4 131 000	63 281 000
Total Equity	4 457 000	4 459 000	4 038 000	34 820 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	91 000	89 000	93 000	91 000
Creditors	0	74 000	0	6 831 000
Unpaid Taxes	0	0	0	1 981 000
Dividends	0	0	0	3 000 000
Other Current Debt	0	0	0	15 066 000
Total Current Debt	0	542 000	0	28 370 000
Total Equity and Debt	4 548 000	5 090 000	4 131 000	63 281 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,04 %	−0,92 %	−1,54 %	15,16 %
Debt-to-Equity Ratio	0,02	0,02	0,02	0
Operating Profit Margin	−0,4 %	−40,8 %	-	6,18 %
Current Ratio	-	1,79	-	1,88
Quick Ratio	-	1,79	-	1,88
Equity Ratio	0,98	0,88	0,98	0,55
Gross Profit Margin	100 %	100 %	-	95,44 %