SANDSETER VVS AS

3612 KONGSBERG

Finances

Share Ownership

Return on Equity

−123,53 %

Current Ratio

1,7

Debt-to-Equity Ratio

5,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 740 000	1 866 000	1 642 000	1 172 000
Net Income	−210 000	−27 000	−30 000	320 000
Total Assets	1 525 000	1 483 000	1 314 000	1 295 000
Total Equity	170 000	379 000	407 000	437 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 740 000	1 866 000	1 642 000	1 172 000
Expenditure	1 927 000	1 843 000	1 649 000	749 000
Operating Profit	−187 000	23 000	−5 000	423 000
Financial Income	0	0	0	0
Financial Costs	50 000	59 000	33 000	14 000
Financial Balance	−50 000	−59 000	−33 000	−14 000
Earnings Before Tax	−238 000	−35 000	−39 000	410 000
Tax	−28 000	−8 000	−8 000	90 000
Net Income	−210 000	−27 000	−30 000	320 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	929 000	833 000	563 000	560 000
Total Current Assets	595 000	650 000	751 000	735 000
Total Assets	1 525 000	1 483 000	1 314 000	1 295 000
Total Retained Equity	151 000	361 000	389 000	419 000
Total Equity	170 000	379 000	407 000	437 000
Total Long-Term Debt	1 005 000	914 000	628 000	656 000
Total Current Debt	350 000	190 000	279 000	202 000
Total Equity and Debt	1 525 000	1 483 000	1 314 000	1 295 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 650 000	1 812 000	1 619 000	1 172 000
Other Income	90 000	54 000	23 000	0
Revenue	1 740 000	1 866 000	1 642 000	1 172 000
Cost of Goods Sold	462 000	681 000	578 000	275 000
Salary Costs	801 000	719 000	725 000	98 000
Depreciation	172 000	100 000	47 000	51 000
Impairment	0	0	0	0
Expenditure	1 927 000	1 843 000	1 649 000	749 000
Operating Profit	−187 000	23 000	−5 000	423 000
Financial Income	0	0	0	0
Financial Costs	50 000	59 000	33 000	14 000
Financial Balance	−50 000	−59 000	−33 000	−14 000
Dividends	0	0	0	0
Net Income	−210 000	−27 000	−30 000	320 000

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	929 000	833 000	513 000	560 000
Total Tangible Assets	929 000	833 000	513 000	560 000
Total Fiancial Fixed Assets	0	0	50 000	0
Total Fixed Assets	929 000	833 000	563 000	560 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	190 000	347 000	503 000	544 000
Total Current Assets	595 000	650 000	751 000	735 000
Total Assets	1 525 000	1 483 000	1 314 000	1 295 000
Total Equity	170 000	379 000	407 000	437 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 005 000	914 000	628 000	656 000
Creditors	150 000	49 000	118 000	61 000
Unpaid Taxes	103 000	65 000	90 000	83 000
Dividends	0	0	0	0
Other Current Debt	97 000	76 000	72 000	−11 000
Total Current Debt	350 000	190 000	279 000	202 000
Total Equity and Debt	1 525 000	1 483 000	1 314 000	1 295 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−123,53 %	−7,12 %	−7,37 %	73,23 %
Debt-to-Equity Ratio	5,91	2,41	1,54	1,5
Operating Profit Margin	−10,75 %	1,23 %	−0,3 %	36,09 %
Current Ratio	1,7	3,42	2,69	3,64
Quick Ratio	1,7	3,42	2,69	3,64
Equity Ratio	0,11	0,26	0,31	0,34
Gross Profit Margin	73,45 %	63,5 %	64,8 %	76,54 %