SANDVAD EIENDOM AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

16,18 %

Current Ratio

Debt-to-Equity Ratio

−1,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 000	46 000	0	150 000
Net Income	−170 000	−143 000	−193 000	−80 000
Total Assets	1 250 000	1 280 000	1 336 000	1 425 000
Total Equity	−1 051 000	−881 000	−738 000	−545 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 000	46 000	0	150 000
Expenditure	134 000	130 000	149 000	170 000
Operating Profit	−117 000	−85 000	−149 000	−20 000
Financial Income	0	0	0	0
Financial Costs	101 000	98 000	99 000	82 000
Financial Balance	−101 000	−98 000	−99 000	−82 000
Earnings Before Tax	−218 000	−183 000	−248 000	−102 000
Tax	−48 000	−40 000	−54 000	−22 000
Net Income	−170 000	−143 000	−193 000	−80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 249 000	1 279 000	1 316 000	1 339 000
Total Current Assets	1 000	2 000	20 000	86 000
Total Assets	1 250 000	1 280 000	1 336 000	1 425 000
Total Retained Equity	−1 186 000	−1 016 000	−873 000	−680 000
Total Equity	−1 051 000	−881 000	−738 000	−545 000
Total Long-Term Debt	1 860 000	1 851 000	1 868 000	1 820 000
Total Current Debt	441 000	310 000	205 000	150 000
Total Equity and Debt	1 250 000	1 280 000	1 336 000	1 425 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	18 000	46 000	0	150 000
Revenue	18 000	46 000	0	150 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	−16 000	0
Depreciation	77 000	77 000	77 000	77 000
Impairment	0	0	0	0
Expenditure	134 000	130 000	149 000	170 000
Operating Profit	−117 000	−85 000	−149 000	−20 000
Financial Income	0	0	0	0
Financial Costs	101 000	98 000	99 000	82 000
Financial Balance	−101 000	−98 000	−99 000	−82 000
Dividends	0	0	0	0
Net Income	−170 000	−143 000	−193 000	−80 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	402 000	354 000	313 000	259 000
Real Eastate	847 000	925 000	1 002 000	1 080 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	847 000	925 000	1 002 000	1 080 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 249 000	1 279 000	1 316 000	1 339 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	2 000	20 000	86 000
Total Current Assets	1 000	2 000	20 000	86 000
Total Assets	1 250 000	1 280 000	1 336 000	1 425 000
Total Equity	−1 051 000	−881 000	−738 000	−545 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 860 000	1 851 000	1 868 000	1 820 000
Creditors	0	0	1 000	0
Unpaid Taxes	0	0	0	2 000
Dividends	0	0	0	0
Other Current Debt	441 000	310 000	204 000	148 000
Total Current Debt	441 000	310 000	205 000	150 000
Total Equity and Debt	1 250 000	1 280 000	1 336 000	1 425 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,18 %	16,23 %	26,15 %	14,68 %
Debt-to-Equity Ratio	−1,77	−2,1	−2,53	−3,34
Operating Profit Margin	−650 %	−184,78 %	-	−13,33 %
Current Ratio	0	0,01	0,1	0,57
Quick Ratio	0	0,01	0,1	0,57
Equity Ratio	−0,84	−0,69	−0,55	−0,38
Gross Profit Margin	100 %	100 %	-	100 %