MINDESTIFTELSEN-SANDNES

4325 SANDNES

Finances

Return on Equity

34 %

Current Ratio

44,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 646 000	10 000	0	0
Net Income	9 568 000	−1 089 000	1 043 000	539 000
Total Assets	28 695 000	19 211 000	20 203 000	19 187 000
Total Equity	28 144 000	18 576 000	19 665 000	18 622 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 646 000	10 000	0	0
Expenditure	630 000	712 000	604 000	606 000
Operating Profit	7 016 000	−701 000	−604 000	−605 000
Financial Income	2 715 000	1 384 000	1 846 000	1 739 000
Financial Costs	163 000	1 772 000	198 000	595 000
Financial Balance	2 552 000	−388 000	1 648 000	1 144 000
Earnings Before Tax	9 568 000	−1 089 000	1 043 000	539 000
Tax	0	0	0	0
Net Income	9 568 000	−1 089 000	1 043 000	539 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 017 000	4 271 000	254 000	254 000
Total Current Assets	24 678 000	14 940 000	19 949 000	18 933 000
Total Assets	28 695 000	19 211 000	20 203 000	19 187 000
Total Retained Equity	27 944 000	18 376 000	19 465 000	18 422 000
Total Equity	28 144 000	18 576 000	19 665 000	18 622 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	550 000	635 000	538 000	565 000
Total Equity and Debt	28 695 000	19 211 000	20 203 000	19 187 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	7 646 000	10 000	0	0
Revenue	7 646 000	10 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	37 000	35 000	37 000	36 000
Depreciation	0	0	0	0
Impairment	499 000	600 000	500 000	500 000
Expenditure	630 000	712 000	604 000	606 000
Operating Profit	7 016 000	−701 000	−604 000	−605 000
Financial Income	2 715 000	1 384 000	1 846 000	1 739 000
Financial Costs	163 000	1 772 000	198 000	595 000
Financial Balance	2 552 000	−388 000	1 648 000	1 144 000
Dividends	0	0	0	0
Net Income	9 568 000	−1 089 000	1 043 000	539 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	254 000	254 000	254 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	254 000	254 000	254 000
Total Fiancial Fixed Assets	4 017 000	4 017 000	0	0
Total Fixed Assets	4 017 000	4 271 000	254 000	254 000
Stock	0	0	0	0
Total Investments	15 668 000	14 929 000	19 724 000	17 952 000
Cash, Bank	9 009 000	11 000	225 000	981 000
Total Current Assets	24 678 000	14 940 000	19 949 000	18 933 000
Total Assets	28 695 000	19 211 000	20 203 000	19 187 000
Total Equity	28 144 000	18 576 000	19 665 000	18 622 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	15 000	1 000	1 000	30 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	536 000	635 000	537 000	535 000
Total Current Debt	550 000	635 000	538 000	565 000
Total Equity and Debt	28 695 000	19 211 000	20 203 000	19 187 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34 %	−5,86 %	5,3 %	2,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	91,76 %	−7 010 %	-	-
Current Ratio	44,87	23,53	37,08	33,51
Quick Ratio	44,87	23,53	37,08	33,51
Equity Ratio	0,98	0,97	0,97	0,97
Gross Profit Margin	100 %	100 %	-	-