NEDSTRAND ADVENTURE AS

5560 NEDSTRAND

Finances

Return on Equity

24,7 %

Current Ratio

0,56

Debt-to-Equity Ratio

−2,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 019 000	4 470 000	2 912 000	2 483 000
Net Income	−456 000	−132 000	−392 000	−872 000
Total Assets	4 446 000	5 057 000	5 187 000	5 064 000
Total Equity	−1 846 000	−1 390 000	−1 258 000	−866 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 019 000	4 470 000	2 912 000	2 483 000
Expenditure	3 358 000	4 309 000	2 981 000	3 134 000
Operating Profit	−339 000	161 000	−69 000	−651 000
Financial Income	60 000	2 000	19 000	1 000
Financial Costs	177 000	295 000	341 000	222 000
Financial Balance	−117 000	−293 000	−322 000	−221 000
Earnings Before Tax	−456 000	−132 000	−392 000	−872 000
Tax	0	0	0	0
Net Income	−456 000	−132 000	−392 000	−872 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 474 000	4 170 000	4 401 000	4 046 000
Total Current Assets	972 000	887 000	785 000	1 018 000
Total Assets	4 446 000	5 057 000	5 187 000	5 064 000
Total Retained Equity	−5 046 000	−4 590 000	−4 458 000	−4 066 000
Total Equity	−1 846 000	−1 390 000	−1 258 000	−866 000
Total Long-Term Debt	4 568 000	4 910 000	4 808 000	4 354 000
Total Current Debt	1 724 000	1 537 000	1 636 000	1 576 000
Total Equity and Debt	4 446 000	5 057 000	5 187 000	5 064 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 901 000	4 301 000	2 782 000	2 449 000
Other Income	118 000	169 000	130 000	34 000
Revenue	3 019 000	4 470 000	2 912 000	2 483 000
Cost of Goods Sold	205 000	546 000	120 000	170 000
Salary Costs	868 000	1 133 000	724 000	1 049 000
Depreciation	418 000	562 000	523 000	480 000
Impairment	0	0	0	0
Expenditure	3 358 000	4 309 000	2 981 000	3 134 000
Operating Profit	−339 000	161 000	−69 000	−651 000
Financial Income	60 000	2 000	19 000	1 000
Financial Costs	177 000	295 000	341 000	222 000
Financial Balance	−117 000	−293 000	−322 000	−221 000
Dividends	0	0	0	0
Net Income	−456 000	−132 000	−392 000	−872 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 793 000	3 088 000	3 422 000	3 872 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	210 000	304 000	201 000	165 000
Total Tangible Assets	3 003 000	3 391 000	3 622 000	4 036 000
Total Fiancial Fixed Assets	471 000	779 000	779 000	10 000
Total Fixed Assets	3 474 000	4 170 000	4 401 000	4 046 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	34 000	22 000	7 000	14 000
Total Current Assets	972 000	887 000	785 000	1 018 000
Total Assets	4 446 000	5 057 000	5 187 000	5 064 000
Total Equity	−1 846 000	−1 390 000	−1 258 000	−866 000
Short-Term Group Debt	392 000	0	0	1 000
Total Long-Term Debt	4 568 000	4 910 000	4 808 000	4 354 000
Creditors	253 000	324 000	−8 000	156 000
Unpaid Taxes	77 000	45 000	22 000	24 000
Dividends	0	0	0	0
Other Current Debt	240 000	627 000	657 000	724 000
Total Current Debt	1 724 000	1 537 000	1 636 000	1 576 000
Total Equity and Debt	4 446 000	5 057 000	5 187 000	5 064 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,7 %	9,5 %	31,16 %	100,69 %
Debt-to-Equity Ratio	−2,47	−3,53	−3,82	−5,03
Operating Profit Margin	−11,23 %	3,6 %	−2,37 %	−26,22 %
Current Ratio	0,56	0,58	0,48	0,65
Quick Ratio	0,56	0,58	0,48	0,65
Equity Ratio	−0,42	−0,27	−0,24	−0,17
Gross Profit Margin	93,21 %	87,79 %	95,88 %	93,15 %