SANDVIKSVEIEN 73/75 AS

1405 LANGHUS

Finances

Share Ownership

Return on Equity

−8,22 %

Current Ratio

3,33

Debt-to-Equity Ratio

−18,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 047 000	445 000	0	729 000
Net Income	238 000	−320 000	−6 446 000	41 000
Total Assets	53 617 000	48 295 000	16 391 000	11 234 000
Total Equity	−2 896 000	−3 134 000	−2 814 000	3 632 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 047 000	445 000	0	729 000
Expenditure	914 000	528 000	8 136 000	547 000
Operating Profit	2 133 000	−83 000	−8 136 000	183 000
Financial Income	177 000	30 000	8 000	14 000
Financial Costs	2 005 000	357 000	136 000	145 000
Financial Balance	−1 828 000	−327 000	−128 000	−131 000
Earnings Before Tax	305 000	−410 000	−8 264 000	52 000
Tax	67 000	−90 000	−1 818 000	11 000
Net Income	238 000	−320 000	−6 446 000	41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 252 000	38 357 000	15 037 000	10 913 000
Total Current Assets	6 365 000	9 938 000	1 354 000	322 000
Total Assets	53 617 000	48 295 000	16 391 000	11 234 000
Total Retained Equity	−3 146 000	−3 384 000	−3 064 000	3 382 000
Total Equity	−2 896 000	−3 134 000	−2 814 000	3 632 000
Total Long-Term Debt	54 600 000	13 252 000	13 062 000	6 339 000
Total Current Debt	1 914 000	38 177 000	6 143 000	1 263 000
Total Equity and Debt	53 617 000	48 295 000	16 391 000	11 234 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 012 000	445 000	0	732 000
Other Income	36 000	0	0	−2 000
Revenue	3 047 000	445 000	0	729 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	593 000	93 000	6 239 000	168 000
Impairment	0	0	0	0
Expenditure	914 000	528 000	8 136 000	547 000
Operating Profit	2 133 000	−83 000	−8 136 000	183 000
Financial Income	177 000	30 000	8 000	14 000
Financial Costs	2 005 000	357 000	136 000	145 000
Financial Balance	−1 828 000	−327 000	−128 000	−131 000
Dividends	0	0	0	0
Net Income	238 000	−320 000	−6 446 000	41 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 361 000	1 428 000	1 337 000	0
Real Eastate	45 892 000	36 929 000	13 700 000	10 913 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	45 892 000	36 929 000	13 700 000	10 913 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	47 252 000	38 357 000	15 037 000	10 913 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 479 000	9 072 000	360 000	315 000
Total Current Assets	6 365 000	9 938 000	1 354 000	322 000
Total Assets	53 617 000	48 295 000	16 391 000	11 234 000
Total Equity	−2 896 000	−3 134 000	−2 814 000	3 632 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	54 600 000	13 252 000	13 062 000	6 339 000
Creditors	85 000	1 685 000	4 643 000	1 254 000
Unpaid Taxes	98 000	131 000	0	0
Dividends	0	0	0	0
Other Current Debt	1 731 000	691 000	1 500 000	0
Total Current Debt	1 914 000	38 177 000	6 143 000	1 263 000
Total Equity and Debt	53 617 000	48 295 000	16 391 000	11 234 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,22 %	10,21 %	229,07 %	1,13 %
Debt-to-Equity Ratio	−18,85	−4,23	−4,64	1,75
Operating Profit Margin	70 %	−18,65 %	-	25,1 %
Current Ratio	3,33	0,26	0,22	0,25
Quick Ratio	3,33	0,26	0,22	0,25
Equity Ratio	−0,05	−0,06	−0,17	0,32
Gross Profit Margin	100 %	100 %	-	100 %