STRAND MASKINUTLEIE AS

4100 JØRPELAND

Finances

Return on Equity

2,75 %

Current Ratio

2,5

Debt-to-Equity Ratio

0,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 125 000	11 784 000	7 641 000	5 677 000
Net Income	71 000	557 000	411 000	659 000
Total Assets	8 015 000	5 561 000	3 444 000	2 947 000
Total Equity	2 583 000	2 512 000	1 955 000	1 701 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 125 000	11 784 000	7 641 000	5 677 000
Expenditure	11 860 000	11 021 000	7 101 000	4 837 000
Operating Profit	265 000	764 000	540 000	841 000
Financial Income	9 000	8 000	20 000	15 000
Financial Costs	183 000	58 000	33 000	10 000
Financial Balance	−174 000	−50 000	−13 000	5 000
Earnings Before Tax	90 000	714 000	526 000	845 000
Tax	19 000	157 000	116 000	186 000
Net Income	71 000	557 000	411 000	659 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	506 000	625 000	879 000	1 003 000
Total Current Assets	7 509 000	4 935 000	2 565 000	1 944 000
Total Assets	8 015 000	5 561 000	3 444 000	2 947 000
Total Retained Equity	2 483 000	2 412 000	1 855 000	1 601 000
Total Equity	2 583 000	2 512 000	1 955 000	1 701 000
Total Long-Term Debt	2 427 000	30 000	97 000	144 000
Total Current Debt	3 005 000	3 019 000	1 392 000	1 102 000
Total Equity and Debt	8 015 000	5 561 000	3 444 000	2 947 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 861 000	11 644 000	7 527 000	5 677 000
Other Income	264 000	140 000	114 000	1 000
Revenue	12 125 000	11 784 000	7 641 000	5 677 000
Cost of Goods Sold	6 502 000	6 588 000	3 854 000	2 772 000
Salary Costs	1 775 000	918 000	469 000	0
Depreciation	262 000	257 000	206 000	174 000
Impairment	0	0	0	0
Expenditure	11 860 000	11 021 000	7 101 000	4 837 000
Operating Profit	265 000	764 000	540 000	841 000
Financial Income	9 000	8 000	20 000	15 000
Financial Costs	183 000	58 000	33 000	10 000
Financial Balance	−174 000	−50 000	−13 000	5 000
Dividends	0	0	100 000	150 000
Net Income	71 000	557 000	411 000	659 000

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	466 000	552 000	592 000	632 000
Total Tangible Assets	466 000	552 000	592 000	632 000
Total Fiancial Fixed Assets	40 000	74 000	287 000	372 000
Total Fixed Assets	506 000	625 000	879 000	1 003 000
Stock	5 923 000	3 630 000	1 393 000	528 000
Total Investments	0	0	0	0
Cash, Bank	78 000	52 000	247 000	505 000
Total Current Assets	7 509 000	4 935 000	2 565 000	1 944 000
Total Assets	8 015 000	5 561 000	3 444 000	2 947 000
Total Equity	2 583 000	2 512 000	1 955 000	1 701 000
Short-Term Group Debt	50 000	73 000	73 000	0
Total Long-Term Debt	2 427 000	30 000	97 000	144 000
Creditors	1 291 000	1 605 000	1 054 000	715 000
Unpaid Taxes	115 000	72 000	62 000	20 000
Dividends	0	0	100 000	150 000
Other Current Debt	318 000	216 000	107 000	15 000
Total Current Debt	3 005 000	3 019 000	1 392 000	1 102 000
Total Equity and Debt	8 015 000	5 561 000	3 444 000	2 947 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,75 %	22,17 %	21,02 %	38,74 %
Debt-to-Equity Ratio	0,94	0,01	0,05	0,08
Operating Profit Margin	2,19 %	6,48 %	7,07 %	14,81 %
Current Ratio	2,5	1,63	1,84	1,76
Quick Ratio	−2,57	−8,08	−2 565	3,39
Equity Ratio	0,32	0,45	0,57	0,58
Gross Profit Margin	46,38 %	44,09 %	49,56 %	51,17 %