SANDBAKKVEIEN AS

4372 EGERSUND

Finances

Share Ownership

Return on Equity

−10,83 %

Current Ratio

194,43

Debt-to-Equity Ratio

5,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 747 000	10 757 000	1 136 000	4 712 000
Net Income	−332 000	27 000	−225 000	−328 000
Total Assets	21 412 000	21 567 000	31 315 000	31 318 000
Total Equity	3 066 000	3 399 000	3 372 000	3 597 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 747 000	10 757 000	1 136 000	4 712 000
Expenditure	11 497 000	10 165 000	685 000	4 187 000
Operating Profit	249 000	591 000	450 000	524 000
Financial Income	0	0	0	1 000
Financial Costs	595 000	557 000	739 000	946 000
Financial Balance	−595 000	−557 000	−739 000	−945 000
Earnings Before Tax	−346 000	35 000	−289 000	−421 000
Tax	−13 000	8 000	−64 000	−93 000
Net Income	−332 000	27 000	−225 000	−328 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 691 000	87 000	172 000	572 000
Total Current Assets	16 721 000	21 480 000	31 143 000	30 746 000
Total Assets	21 412 000	21 567 000	31 315 000	31 318 000
Total Retained Equity	66 000	399 000	372 000	597 000
Total Equity	3 066 000	3 399 000	3 372 000	3 597 000
Total Long-Term Debt	18 260 000	18 096 000	27 762 000	27 401 000
Total Current Debt	86 000	73 000	182 000	320 000
Total Equity and Debt	21 412 000	21 567 000	31 315 000	31 318 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 255 000	9 974 000	0	3 750 000
Other Income	492 000	783 000	1 136 000	962 000
Revenue	11 747 000	10 757 000	1 136 000	4 712 000
Cost of Goods Sold	11 055 000	9 682 000	6 000	3 694 000
Salary Costs	0	0	0	0
Depreciation	87 000	85 000	85 000	85 000
Impairment	0	0	0	0
Expenditure	11 497 000	10 165 000	685 000	4 187 000
Operating Profit	249 000	591 000	450 000	524 000
Financial Income	0	0	0	1 000
Financial Costs	595 000	557 000	739 000	946 000
Financial Balance	−595 000	−557 000	−739 000	−945 000
Dividends	0	0	0	0
Net Income	−332 000	27 000	−225 000	−328 000

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	0	87 000	172 000	258 000
Total Tangible Assets	0	87 000	172 000	258 000
Total Fiancial Fixed Assets	4 691 000	0	0	314 000
Total Fixed Assets	4 691 000	87 000	172 000	572 000
Stock	13 539 000	21 109 000	30 559 000	30 559 000
Total Investments	0	0	0	0
Cash, Bank	177 000	357 000	570 000	113 000
Total Current Assets	16 721 000	21 480 000	31 143 000	30 746 000
Total Assets	21 412 000	21 567 000	31 315 000	31 318 000
Total Equity	3 066 000	3 399 000	3 372 000	3 597 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 260 000	18 096 000	27 762 000	27 401 000
Creditors	11 000	4 000	10 000	8 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	75 000	68 000	172 000	312 000
Total Current Debt	86 000	73 000	182 000	320 000
Total Equity and Debt	21 412 000	21 567 000	31 315 000	31 318 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,83 %	0,79 %	−6,67 %	−9,12 %
Debt-to-Equity Ratio	5,96	5,32	8,23	7,62
Operating Profit Margin	2,12 %	5,49 %	39,61 %	11,12 %
Current Ratio	194,43	294,25	171,12	96,08
Quick Ratio	−1,24	−1,02	−1,03	−1,02
Equity Ratio	0,14	0,16	0,11	0,11
Gross Profit Margin	5,89 %	9,99 %	99,47 %	21,6 %