STORSAND STRAND AS

1162 OSLO

Finances

Share Ownership

Return on Equity

−52,17 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 000	45 000	30 131 000	19 841 000
Net Income	−48 000	−859 000	3 803 000	377 000
Total Assets	633 000	790 000	11 273 000	16 773 000
Total Equity	92 000	140 000	4 399 000	4 724 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 000	45 000	30 131 000	19 841 000
Expenditure	79 000	1 020 000	24 741 000	18 784 000
Operating Profit	−48 000	−976 000	5 391 000	1 056 000
Financial Income	0	119 000	115 000	19 000
Financial Costs	0	2 000	462 000	518 000
Financial Balance	0	117 000	−347 000	−499 000
Earnings Before Tax	−48 000	−859 000	5 044 000	557 000
Tax	0	0	1 240 000	180 000
Net Income	−48 000	−859 000	3 803 000	377 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	55 000	134 000	230 000
Total Current Assets	633 000	735 000	11 139 000	16 543 000
Total Assets	633 000	790 000	11 273 000	16 773 000
Total Retained Equity	−13 000	35 000	4 295 000	4 619 000
Total Equity	92 000	140 000	4 399 000	4 724 000
Total Long-Term Debt	0	0	0	8 742 000
Total Current Debt	541 000	650 000	6 874 000	3 307 000
Total Equity and Debt	633 000	790 000	11 273 000	16 773 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	45 000	30 131 000	19 841 000
Other Income	30 000	0	0	0
Revenue	30 000	45 000	30 131 000	19 841 000
Cost of Goods Sold	−20 000	801 000	23 631 000	17 801 000
Salary Costs	0	7 000	721 000	537 000
Depreciation	55 000	79 000	95 000	95 000
Impairment	0	0	0	0
Expenditure	79 000	1 020 000	24 741 000	18 784 000
Operating Profit	−48 000	−976 000	5 391 000	1 056 000
Financial Income	0	119 000	115 000	19 000
Financial Costs	0	2 000	462 000	518 000
Financial Balance	0	117 000	−347 000	−499 000
Dividends	0	0	4 128 000	0
Net Income	−48 000	−859 000	3 803 000	377 000

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	55 000	110 000	165 000
Fixtures	0	0	24 000	65 000
Total Tangible Assets	0	55 000	134 000	230 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	55 000	134 000	230 000
Stock	0	0	467 000	11 752 000
Total Investments	0	0	0	0
Cash, Bank	274 000	676 000	6 163 000	74 000
Total Current Assets	633 000	735 000	11 139 000	16 543 000
Total Assets	633 000	790 000	11 273 000	16 773 000
Total Equity	92 000	140 000	4 399 000	4 724 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	8 742 000
Creditors	131 000	140 000	636 000	2 410 000
Unpaid Taxes	0	0	42 000	32 000
Dividends	0	0	4 128 000	0
Other Current Debt	410 000	510 000	827 000	553 000
Total Current Debt	541 000	650 000	6 874 000	3 307 000
Total Equity and Debt	633 000	790 000	11 273 000	16 773 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−52,17 %	−613,57 %	86,45 %	7,98 %
Debt-to-Equity Ratio	0	0	0	1,85
Operating Profit Margin	−160 %	−2 168,89 %	17,89 %	5,32 %
Current Ratio	1,17	1,13	1,62	5
Quick Ratio	1,17	1,13	1,74	−1,96
Equity Ratio	0,15	0,18	0,39	0,28
Gross Profit Margin	166,67 %	−1 680 %	21,57 %	10,28 %