ANDREAS HOLDING AS

8300 SVOLVÆR

Finances

Return on Equity

−15,8 %

Current Ratio

2,03

Debt-to-Equity Ratio

−1,68

Key figures (NOK)	2021	2020	2019	2018
Revenue	4 372 000	6 752 000	1 168 000	1 423 000
Net Income	2 243 000	4 044 000	−8 670 000	−6 442 000
Total Assets	18 941 000	501 000	5 160 000	9 537 000
Total Equity	−14 194 000	−16 437 000	−20 482 000	−11 812 000

Income (NOK)	2021	2020	2019	2018
Revenue	4 372 000	6 752 000	1 168 000	1 423 000
Expenditure	1 205 000	1 835 000	8 969 000	7 115 000
Operating Profit	3 167 000	4 917 000	−7 801 000	−5 692 000
Financial Income	114 000	20 000	128 000	22 000
Financial Costs	1 038 000	893 000	997 000	771 000
Financial Balance	−924 000	−873 000	−869 000	−749 000
Earnings Before Tax	2 243 000	4 044 000	−8 670 000	−6 442 000
Tax	0	0	0	0
Net Income	2 243 000	4 044 000	−8 670 000	−6 442 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	4 027 000	3 312 000
Total Current Assets	18 941 000	501 000	1 134 000	6 225 000
Total Assets	18 941 000	501 000	5 160 000	9 537 000
Total Retained Equity	−15 680 000	−17 923 000	−21 968 000	−13 298 000
Total Equity	−14 194 000	−16 437 000	−20 482 000	−11 812 000
Total Long-Term Debt	23 787 000	1 396 000	25 558 000	21 317 000
Total Current Debt	9 348 000	15 542 000	84 000	32 000
Total Equity and Debt	18 941 000	501 000	5 160 000	9 537 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	4 372 000	6 752 000	1 168 000	1 423 000
Revenue	4 372 000	6 752 000	1 168 000	1 423 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 205 000	1 835 000	8 969 000	7 115 000
Operating Profit	3 167 000	4 917 000	−7 801 000	−5 692 000
Financial Income	114 000	20 000	128 000	22 000
Financial Costs	1 038 000	893 000	997 000	771 000
Financial Balance	−924 000	−873 000	−869 000	−749 000
Dividends	0	0	0	0
Net Income	2 243 000	4 044 000	−8 670 000	−6 442 000

Balance details (NOK)	2021	2020	2019	2018
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	4 027 000	3 312 000
Total Fixed Assets	0	0	4 027 000	3 312 000
Stock	0	0	0	0
Total Investments	17 764 000	500 000	1 133 000	6 068 000
Cash, Bank	1 177 000	1 000	0	157 000
Total Current Assets	18 941 000	501 000	1 134 000	6 225 000
Total Assets	18 941 000	501 000	5 160 000	9 537 000
Total Equity	−14 194 000	−16 437 000	−20 482 000	−11 812 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 787 000	1 396 000	25 558 000	21 317 000
Creditors	33 000	23 000	81 000	30 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 316 000	15 519 000	2 000	2 000
Total Current Debt	9 348 000	15 542 000	84 000	32 000
Total Equity and Debt	18 941 000	501 000	5 160 000	9 537 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−15,8 %	−24,6 %	42,33 %	54,54 %
Debt-to-Equity Ratio	−1,68	−0,08	−1,25	−1,8
Operating Profit Margin	72,44 %	72,82 %	−667,89 %	−400 %
Current Ratio	2,03	0,03	13,5	194,53
Quick Ratio	2,03	0,03	13,5	194,53
Equity Ratio	−0,75	−32,81	−3,97	−1,24
Gross Profit Margin	100 %	100 %	100 %	100 %