SANDEHYTTER VEST AS

5784 ØVRE EIDFJORD

Finances

Share Ownership

Return on Equity

−17,67 %

Current Ratio

28,88

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 007 000	6 808 000	17 732 000	12 889 000
Net Income	−1 422 000	1 300 000	−126 000	−1 572 000
Total Assets	13 902 000	16 872 000	17 472 000	23 148 000
Total Equity	8 047 000	9 470 000	8 170 000	8 296 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 007 000	6 808 000	17 732 000	12 889 000
Expenditure	10 182 000	5 301 000	17 671 000	14 213 000
Operating Profit	−1 174 000	1 507 000	61 000	−1 323 000
Financial Income	−8 000	0	1 000	7 000
Financial Costs	240 000	207 000	189 000	275 000
Financial Balance	−248 000	−207 000	−188 000	−268 000
Earnings Before Tax	−1 422 000	1 300 000	−126 000	−1 591 000
Tax	0	0	0	−19 000
Net Income	−1 422 000	1 300 000	−126 000	−1 572 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	158 000	217 000	323 000	433 000
Total Current Assets	13 745 000	16 656 000	17 149 000	22 715 000
Total Assets	13 902 000	16 872 000	17 472 000	23 148 000
Total Retained Equity	7 960 000	9 382 000	8 082 000	8 209 000
Total Equity	8 047 000	9 470 000	8 170 000	8 296 000
Total Long-Term Debt	5 378 000	6 414 000	6 113 000	7 728 000
Total Current Debt	476 000	989 000	3 189 000	7 124 000
Total Equity and Debt	13 902 000	16 872 000	17 472 000	23 148 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 007 000	4 498 000	11 262 000	12 889 000
Other Income	0	2 310 000	6 470 000	0
Revenue	9 007 000	6 808 000	17 732 000	12 889 000
Cost of Goods Sold	7 224 000	3 298 000	15 205 000	12 482 000
Salary Costs	2 028 000	1 285 000	1 523 000	1 142 000
Depreciation	88 000	106 000	110 000	133 000
Impairment	0	0	0	0
Expenditure	10 182 000	5 301 000	17 671 000	14 213 000
Operating Profit	−1 174 000	1 507 000	61 000	−1 323 000
Financial Income	−8 000	0	1 000	7 000
Financial Costs	240 000	207 000	189 000	275 000
Financial Balance	−248 000	−207 000	−188 000	−268 000
Dividends	0	0	0	0
Net Income	−1 422 000	1 300 000	−126 000	−1 572 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 000	15 000	16 000	17 000
Machinery and Plant Facilities	53 000	40 000	52 000	64 000
Fixtures	90 000	162 000	254 000	351 000
Total Tangible Assets	158 000	217 000	323 000	433 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	158 000	217 000	323 000	433 000
Stock	12 508 000	16 262 000	13 391 000	19 555 000
Total Investments	0	0	0	0
Cash, Bank	1 110 000	49 000	852 000	2 489 000
Total Current Assets	13 745 000	16 656 000	17 149 000	22 715 000
Total Assets	13 902 000	16 872 000	17 472 000	23 148 000
Total Equity	8 047 000	9 470 000	8 170 000	8 296 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 378 000	6 414 000	6 113 000	7 728 000
Creditors	6 000	721 000	0	511 000
Unpaid Taxes	138 000	85 000	118 000	51 000
Dividends	0	0	0	0
Other Current Debt	333 000	128 000	3 071 000	6 562 000
Total Current Debt	476 000	989 000	3 189 000	7 124 000
Total Equity and Debt	13 902 000	16 872 000	17 472 000	23 148 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,67 %	13,73 %	−1,54 %	−18,95 %
Debt-to-Equity Ratio	0,67	0,68	0,75	0,93
Operating Profit Margin	−13,03 %	22,14 %	0,34 %	−10,26 %
Current Ratio	28,88	16,84	5,38	3,19
Quick Ratio	−1,14	−1,09	−1,68	−1,83
Equity Ratio	0,58	0,56	0,47	0,36
Gross Profit Margin	19,8 %	51,56 %	14,25 %	3,16 %