SANDALSLOEN VELFORENING

4017 STAVANGER

Finances

Share Ownership

Return on Equity

−49,41 %

Current Ratio

23,08

Debt-to-Equity Ratio

−2,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	736 000	700 000	659 000	721 000
Net Income	376 000	414 000	195 000	367 000
Total Assets	1 262 000	1 233 000	1 140 000	1 274 000
Total Equity	−761 000	−1 136 000	−1 550 000	−1 745 000

Income (NOK)	2022	2021	2020	2019
Revenue	736 000	700 000	659 000	721 000
Expenditure	281 000	201 000	358 000	237 000
Operating Profit	456 000	500 000	302 000	484 000
Financial Income	12 000	1 000	3 000	14 000
Financial Costs	92 000	87 000	110 000	132 000
Financial Balance	−80 000	−86 000	−107 000	−118 000
Earnings Before Tax	376 000	414 000	302 000	484 000
Tax	0	0	0	0
Net Income	376 000	414 000	195 000	367 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 000	128 000	148 000	168 000
Total Current Assets	1 154 000	1 104 000	992 000	1 107 000
Total Assets	1 262 000	1 233 000	1 140 000	1 274 000
Total Retained Equity	−761 000	−1 136 000	−1 550 000	−1 745 000
Total Equity	−761 000	−1 136 000	−1 550 000	−1 745 000
Total Long-Term Debt	1 973 000	2 318 000	2 660 000	2 987 000
Total Current Debt	50 000	51 000	30 000	32 000
Total Equity and Debt	1 262 000	1 233 000	1 140 000	1 274 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	736 000	700 000	659 000	721 000
Revenue	736 000	700 000	659 000	721 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 000	5 000	5 000	8 000
Depreciation	20 000	20 000	20 000	20 000
Impairment	0	0	0	0
Expenditure	281 000	201 000	358 000	237 000
Operating Profit	456 000	500 000	302 000	484 000
Financial Income	12 000	1 000	3 000	14 000
Financial Costs	92 000	87 000	110 000	132 000
Financial Balance	−80 000	−86 000	−107 000	−118 000
Dividends	0	0	0	0
Net Income	376 000	414 000	195 000	367 000

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	109 000	128 000	148 000	168 000
Total Tangible Assets	109 000	128 000	148 000	168 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	109 000	128 000	148 000	168 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 122 000	1 059 000	966 000	1 060 000
Total Current Assets	1 154 000	1 104 000	992 000	1 107 000
Total Assets	1 262 000	1 233 000	1 140 000	1 274 000
Total Equity	−761 000	−1 136 000	−1 550 000	−1 745 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 973 000	2 318 000	2 660 000	2 987 000
Creditors	34 000	33 000	23 000	25 000
Unpaid Taxes	1 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	16 000	18 000	7 000	6 000
Total Current Debt	50 000	51 000	30 000	32 000
Total Equity and Debt	1 262 000	1 233 000	1 140 000	1 274 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−49,41 %	−36,44 %	−12,58 %	−21,03 %
Debt-to-Equity Ratio	−2,59	−2,04	−1,72	−1,71
Operating Profit Margin	61,96 %	71,43 %	45,83 %	67,13 %
Current Ratio	23,08	21,65	33,07	34,59
Quick Ratio	23,08	21,65	33,07	34,59
Equity Ratio	−0,6	−0,92	−1,36	−1,37
Gross Profit Margin	100 %	100 %	100 %	100 %