SANDE SEAFARM PRODUCTION AS

6083 GJERDSVIKA

Finances

Share Ownership

Return on Equity

22,17 %

Current Ratio

3,56

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 151 000	6 337 000	4 418 000	5 286 000
Net Income	3 887 000	2 849 000	353 000	102 000
Total Assets	41 718 000	30 871 000	10 958 000	11 024 000
Total Equity	17 534 000	13 647 000	8 738 000	8 385 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 151 000	6 337 000	4 418 000	5 286 000
Expenditure	9 864 000	5 413 000	4 198 000	4 639 000
Operating Profit	6 007 000	3 754 000	345 000	58 000
Financial Income	12 000	12 000	16 000	15 000
Financial Costs	1 035 000	205 000	72 000	104 000
Financial Balance	−1 023 000	−193 000	−56 000	−89 000
Earnings Before Tax	4 984 000	3 560 000	289 000	−30 000
Tax	1 096 000	711 000	−64 000	−132 000
Net Income	3 887 000	2 849 000	353 000	102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 290 000	16 521 000	6 309 000	6 534 000
Total Current Assets	17 428 000	14 351 000	4 649 000	4 490 000
Total Assets	41 718 000	30 871 000	10 958 000	11 024 000
Total Retained Equity	15 364 000	11 476 000	8 628 000	8 275 000
Total Equity	17 534 000	13 647 000	8 738 000	8 385 000
Total Long-Term Debt	19 288 000	12 636 000	1 816 000	2 191 000
Total Current Debt	4 896 000	4 589 000	405 000	448 000
Total Equity and Debt	41 718 000	30 871 000	10 958 000	11 024 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 151 000	6 337 000	4 418 000	5 286 000
Other Income	0	0	0	0
Revenue	10 151 000	6 337 000	4 418 000	5 286 000
Cost of Goods Sold	3 573 000	1 448 000	1 061 000	1 038 000
Salary Costs	2 287 000	2 059 000	1 731 000	1 777 000
Depreciation	1 599 000	699 000	565 000	593 000
Impairment	0	0	0	0
Expenditure	9 864 000	5 413 000	4 198 000	4 639 000
Operating Profit	6 007 000	3 754 000	345 000	58 000
Financial Income	12 000	12 000	16 000	15 000
Financial Costs	1 035 000	205 000	72 000	104 000
Financial Balance	−1 023 000	−193 000	−56 000	−89 000
Dividends	0	0	0	0
Net Income	3 887 000	2 849 000	353 000	102 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 603 000	15 518 000	5 508 000	5 636 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 687 000	1 003 000	801 000	898 000
Total Tangible Assets	24 290 000	16 521 000	6 309 000	6 534 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 290 000	16 521 000	6 309 000	6 534 000
Stock	11 167 000	6 450 000	2 737 000	2 535 000
Total Investments	0	0	0	0
Cash, Bank	2 634 000	5 880 000	1 195 000	1 183 000
Total Current Assets	17 428 000	14 351 000	4 649 000	4 490 000
Total Assets	41 718 000	30 871 000	10 958 000	11 024 000
Total Equity	17 534 000	13 647 000	8 738 000	8 385 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 288 000	12 636 000	1 816 000	2 191 000
Creditors	923 000	3 177 000	54 000	115 000
Unpaid Taxes	1 962 000	127 000	120 000	97 000
Dividends	0	0	0	0
Other Current Debt	2 011 000	1 285 000	231 000	236 000
Total Current Debt	4 896 000	4 589 000	405 000	448 000
Total Equity and Debt	41 718 000	30 871 000	10 958 000	11 024 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,17 %	20,88 %	4,04 %	1,22 %
Debt-to-Equity Ratio	1,1	0,93	0,21	0,26
Operating Profit Margin	59,18 %	59,24 %	7,81 %	1,1 %
Current Ratio	3,56	3,13	11,48	10,02
Quick Ratio	−2,78	−7,71	−1,99	−2,15
Equity Ratio	0,42	0,44	0,8	0,76
Gross Profit Margin	64,8 %	77,15 %	75,98 %	80,36 %