SANDTANGEN AS

4360 VARHAUG

Finances

Share Ownership

Return on Equity

−1,91 %

Current Ratio

0,15

Debt-to-Equity Ratio

1,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	940 000	842 000	818 000	805 000
Net Income	−71 000	15 000	145 000	395 000
Total Assets	12 853 000	12 900 000	13 195 000	13 365 000
Total Equity	3 714 000	3 786 000	3 770 000	3 625 000

Income (NOK)	2022	2021	2020	2019
Revenue	940 000	842 000	818 000	805 000
Expenditure	378 000	229 000	225 000	241 000
Operating Profit	562 000	614 000	593 000	564 000
Financial Income	5 000	5 000	3 000	4 000
Financial Costs	658 000	599 000	410 000	506 000
Financial Balance	−653 000	−594 000	−407 000	−502 000
Earnings Before Tax	−91 000	20 000	186 000	63 000
Tax	−20 000	4 000	41 000	−332 000
Net Income	−71 000	15 000	145 000	395 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 385 000	12 457 000	12 548 000	12 675 000
Total Current Assets	468 000	443 000	647 000	690 000
Total Assets	12 853 000	12 900 000	13 195 000	13 365 000
Total Retained Equity	3 570 000	3 641 000	3 626 000	3 480 000
Total Equity	3 714 000	3 786 000	3 770 000	3 625 000
Total Long-Term Debt	5 995 000	6 657 000	7 122 000	7 462 000
Total Current Debt	3 144 000	2 458 000	2 303 000	2 279 000
Total Equity and Debt	12 853 000	12 900 000	13 195 000	13 365 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	940 000	842 000	818 000	805 000
Revenue	940 000	842 000	818 000	805 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	92 000	87 000	86 000	86 000
Impairment	0	0	0	0
Expenditure	378 000	229 000	225 000	241 000
Operating Profit	562 000	614 000	593 000	564 000
Financial Income	5 000	5 000	3 000	4 000
Financial Costs	658 000	599 000	410 000	506 000
Financial Balance	−653 000	−594 000	−407 000	−502 000
Dividends	0	0	0	0
Net Income	−71 000	15 000	145 000	395 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	307 000	287 000	291 000	332 000
Real Eastate	12 078 000	12 170 000	12 257 000	12 343 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	12 078 000	12 170 000	12 257 000	12 343 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 385 000	12 457 000	12 548 000	12 675 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	383 000	433 000	647 000	690 000
Total Current Assets	468 000	443 000	647 000	690 000
Total Assets	12 853 000	12 900 000	13 195 000	13 365 000
Total Equity	3 714 000	3 786 000	3 770 000	3 625 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 995 000	6 657 000	7 122 000	7 462 000
Creditors	0	0	0	0
Unpaid Taxes	209 000	0	51 000	190 000
Dividends	0	0	0	0
Other Current Debt	2 935 000	2 458 000	2 253 000	2 088 000
Total Current Debt	3 144 000	2 458 000	2 303 000	2 279 000
Total Equity and Debt	12 853 000	12 900 000	13 195 000	13 365 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,91 %	0,4 %	3,85 %	10,9 %
Debt-to-Equity Ratio	1,61	1,76	1,89	2,06
Operating Profit Margin	59,79 %	72,92 %	72,49 %	70,06 %
Current Ratio	0,15	0,18	0,28	0,3
Quick Ratio	0,15	0,18	0,28	0,3
Equity Ratio	0,29	0,29	0,29	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %