SANDHUS INVEST AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

3,85 %

Current Ratio

2,02

Debt-to-Equity Ratio

16,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 166 000	1 111 000	1 024 000	958 000
Net Income	54 000	159 000	171 000	−229 000
Total Assets	25 290 000	25 306 000	26 215 000	25 211 000
Total Equity	1 404 000	1 351 000	1 192 000	199 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 166 000	1 111 000	1 024 000	958 000
Expenditure	524 000	494 000	324 000	439 000
Operating Profit	642 000	617 000	700 000	520 000
Financial Income	0	0	0	0
Financial Costs	573 000	414 000	529 000	748 000
Financial Balance	−573 000	−414 000	−529 000	−748 000
Earnings Before Tax	69 000	203 000	171 000	−229 000
Tax	15 000	45 000	0	0
Net Income	54 000	159 000	171 000	−229 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 197 000	25 197 000	25 197 000	25 197 000
Total Current Assets	93 000	109 000	1 018 000	15 000
Total Assets	25 290 000	25 306 000	26 215 000	25 211 000
Total Retained Equity	1 204 000	1 151 000	992 000	−1 000
Total Equity	1 404 000	1 351 000	1 192 000	199 000
Total Long-Term Debt	23 840 000	23 880 000	24 992 000	24 982 000
Total Current Debt	46 000	75 000	31 000	31 000
Total Equity and Debt	25 290 000	25 306 000	26 215 000	25 211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 166 000	1 111 000	1 024 000	958 000
Revenue	1 166 000	1 111 000	1 024 000	958 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	524 000	494 000	324 000	439 000
Operating Profit	642 000	617 000	700 000	520 000
Financial Income	0	0	0	0
Financial Costs	573 000	414 000	529 000	748 000
Financial Balance	−573 000	−414 000	−529 000	−748 000
Dividends	0	0	0	0
Net Income	54 000	159 000	171 000	−229 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	25 197 000	25 197 000	25 197 000	25 197 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	25 197 000	25 197 000	25 197 000	25 197 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 197 000	25 197 000	25 197 000	25 197 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	93 000	109 000	196 000	15 000
Total Current Assets	93 000	109 000	1 018 000	15 000
Total Assets	25 290 000	25 306 000	26 215 000	25 211 000
Total Equity	1 404 000	1 351 000	1 192 000	199 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 840 000	23 880 000	24 992 000	24 982 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	31 000	31 000	31 000	31 000
Total Current Debt	46 000	75 000	31 000	31 000
Total Equity and Debt	25 290 000	25 306 000	26 215 000	25 211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,85 %	11,77 %	14,35 %	−115,08 %
Debt-to-Equity Ratio	16,98	17,68	20,97	125,54
Operating Profit Margin	55,06 %	55,54 %	68,36 %	54,28 %
Current Ratio	2,02	1,45	32,84	0,48
Quick Ratio	2,02	1,45	32,84	0,48
Equity Ratio	0,06	0,05	0,05	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %