STRAND ELEKTRO AS

3089 HOLMESTRAND

Finances

Share Ownership

Return on Equity

30,34 %

Current Ratio

1,31

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 979 000	7 504 000	6 469 000	6 351 000
Net Income	135 000	188 000	−175 000	−65 000
Total Assets	2 514 000	2 607 000	3 093 000	2 334 000
Total Equity	445 000	310 000	122 000	297 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 979 000	7 504 000	6 469 000	6 351 000
Expenditure	6 809 000	7 320 000	6 655 000	6 425 000
Operating Profit	171 000	183 000	−185 000	−74 000
Financial Income	29 000	45 000	43 000	41 000
Financial Costs	65 000	40 000	33 000	33 000
Financial Balance	−36 000	5 000	10 000	8 000
Earnings Before Tax	135 000	188 000	−175 000	−65 000
Tax	0	0	0	0
Net Income	135 000	188 000	−175 000	−65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	0	17 000	122 000
Total Current Assets	2 496 000	2 607 000	3 075 000	2 212 000
Total Assets	2 514 000	2 607 000	3 093 000	2 334 000
Total Retained Equity	345 000	210 000	22 000	−183 000
Total Equity	445 000	310 000	122 000	297 000
Total Long-Term Debt	169 000	445 000	799 000	413 000
Total Current Debt	1 900 000	1 851 000	2 172 000	1 624 000
Total Equity and Debt	2 514 000	2 607 000	3 093 000	2 334 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 979 000	7 502 000	6 429 000	6 351 000
Other Income	0	2 000	40 000	0
Revenue	6 979 000	7 504 000	6 469 000	6 351 000
Cost of Goods Sold	2 641 000	2 314 000	2 001 000	1 739 000
Salary Costs	3 217 000	4 063 000	3 336 000	3 687 000
Depreciation	1 000	17 000	105 000	105 000
Impairment	0	0	0	0
Expenditure	6 809 000	7 320 000	6 655 000	6 425 000
Operating Profit	171 000	183 000	−185 000	−74 000
Financial Income	29 000	45 000	43 000	41 000
Financial Costs	65 000	40 000	33 000	33 000
Financial Balance	−36 000	5 000	10 000	8 000
Dividends	0	0	0	0
Net Income	135 000	188 000	−175 000	−65 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	0	17 000	122 000
Total Tangible Assets	18 000	0	17 000	122 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	0	17 000	122 000
Stock	827 000	853 000	846 000	816 000
Total Investments	0	0	0	0
Cash, Bank	766 000	1 154 000	1 146 000	296 000
Total Current Assets	2 496 000	2 607 000	3 075 000	2 212 000
Total Assets	2 514 000	2 607 000	3 093 000	2 334 000
Total Equity	445 000	310 000	122 000	297 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	169 000	445 000	799 000	413 000
Creditors	422 000	353 000	578 000	404 000
Unpaid Taxes	449 000	724 000	680 000	411 000
Dividends	0	0	0	0
Other Current Debt	441 000	382 000	439 000	484 000
Total Current Debt	1 900 000	1 851 000	2 172 000	1 624 000
Total Equity and Debt	2 514 000	2 607 000	3 093 000	2 334 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,34 %	60,65 %	−143,44 %	−21,89 %
Debt-to-Equity Ratio	0,38	1,44	6,55	1,39
Operating Profit Margin	2,45 %	2,44 %	−2,86 %	−1,17 %
Current Ratio	1,31	1,41	1,42	1,36
Quick Ratio	2,33	2,61	2,32	2,74
Equity Ratio	0,18	0,12	0,04	0,13
Gross Profit Margin	62,16 %	69,16 %	69,07 %	72,62 %