STRANDS ELEKTRISKE AS

8517 NARVIK

Finances

Share Ownership

Return on Equity

662,12 %

Current Ratio

1,01

Debt-to-Equity Ratio

1,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 949 000	8 216 000	8 089 000	9 628 000
Net Income	437 000	112 000	−716 000	−1 303 000
Total Assets	2 422 000	2 658 000	3 007 000	3 734 000
Total Equity	66 000	−370 000	−482 000	234 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 949 000	8 216 000	8 089 000	9 628 000
Expenditure	8 443 000	8 035 000	8 721 000	10 246 000
Operating Profit	505 000	181 000	−632 000	−618 000
Financial Income	11 000	8 000	13 000	23 000
Financial Costs	79 000	78 000	97 000	106 000
Financial Balance	−68 000	−70 000	−84 000	−83 000
Earnings Before Tax	437 000	112 000	−716 000	−700 000
Tax	0	0	0	603 000
Net Income	437 000	112 000	−716 000	−1 303 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	140 000	54 000	82 000	108 000
Total Current Assets	2 282 000	2 605 000	2 925 000	3 626 000
Total Assets	2 422 000	2 658 000	3 007 000	3 734 000
Total Retained Equity	−2 110 000	−2 546 000	−2 658 000	−1 942 000
Total Equity	66 000	−370 000	−482 000	234 000
Total Long-Term Debt	94 000	0	0	109 000
Total Current Debt	2 262 000	3 029 000	3 489 000	3 392 000
Total Equity and Debt	2 422 000	2 658 000	3 007 000	3 734 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 949 000	8 205 000	8 089 000	9 504 000
Other Income	0	11 000	0	124 000
Revenue	8 949 000	8 216 000	8 089 000	9 628 000
Cost of Goods Sold	3 362 000	3 118 000	2 652 000	3 116 000
Salary Costs	3 250 000	3 596 000	4 641 000	5 546 000
Depreciation	17 000	4 000	4 000	6 000
Impairment	0	0	0	0
Expenditure	8 443 000	8 035 000	8 721 000	10 246 000
Operating Profit	505 000	181 000	−632 000	−618 000
Financial Income	11 000	8 000	13 000	23 000
Financial Costs	79 000	78 000	97 000	106 000
Financial Balance	−68 000	−70 000	−84 000	−83 000
Dividends	0	0	0	0
Net Income	437 000	112 000	−716 000	−1 303 000

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	128 000	23 000	29 000	33 000
Total Tangible Assets	128 000	23 000	29 000	33 000
Total Fiancial Fixed Assets	12 000	30 000	53 000	76 000
Total Fixed Assets	140 000	54 000	82 000	108 000
Stock	350 000	732 000	951 000	1 307 000
Total Investments	0	0	0	0
Cash, Bank	68 000	24 000	76 000	24 000
Total Current Assets	2 282 000	2 605 000	2 925 000	3 626 000
Total Assets	2 422 000	2 658 000	3 007 000	3 734 000
Total Equity	66 000	−370 000	−482 000	234 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	94 000	0	0	109 000
Creditors	697 000	860 000	704 000	1 103 000
Unpaid Taxes	154 000	141 000	335 000	324 000
Dividends	0	0	0	0
Other Current Debt	1 015 000	1 492 000	1 928 000	1 821 000
Total Current Debt	2 262 000	3 029 000	3 489 000	3 392 000
Total Equity and Debt	2 422 000	2 658 000	3 007 000	3 734 000

Financial indicators	2022	2021	2020	2019
Return on Equity	662,12 %	−30,27 %	148,55 %	−556,84 %
Debt-to-Equity Ratio	1,42	−0	−0	0,47
Operating Profit Margin	5,64 %	2,2 %	−7,81 %	−6,42 %
Current Ratio	1,01	0,86	0,84	1,07
Quick Ratio	1,19	1,13	1,15	1,74
Equity Ratio	0,03	−0,14	−0,16	0,06
Gross Profit Margin	62,43 %	62,05 %	67,21 %	67,64 %