STRAND SERVICE AS

2977 ØYE

Finances

Share Ownership

Return on Equity

13,96 %

Current Ratio

2,06

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 915 000	7 003 000	5 161 000	4 598 000
Net Income	409 000	908 000	1 047 000	79 000
Total Assets	4 434 000	4 628 000	3 542 000	2 424 000
Total Equity	2 929 000	2 519 000	1 612 000	565 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 915 000	7 003 000	5 161 000	4 598 000
Expenditure	4 335 000	5 805 000	3 767 000	4 736 000
Operating Profit	580 000	1 197 000	1 393 000	161 000
Financial Income	1 000	1 000	0	0
Financial Costs	57 000	34 000	51 000	60 000
Financial Balance	−56 000	−33 000	−51 000	−60 000
Earnings Before Tax	524 000	1 164 000	1 342 000	102 000
Tax	115 000	256 000	295 000	23 000
Net Income	409 000	908 000	1 047 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 229 000	3 366 000	1 804 000	1 404 000
Total Current Assets	1 205 000	1 262 000	1 738 000	1 020 000
Total Assets	4 434 000	4 628 000	3 542 000	2 424 000
Total Retained Equity	2 899 000	2 489 000	1 582 000	535 000
Total Equity	2 929 000	2 519 000	1 612 000	565 000
Total Long-Term Debt	921 000	962 000	881 000	910 000
Total Current Debt	584 000	1 146 000	1 048 000	949 000
Total Equity and Debt	4 434 000	4 628 000	3 542 000	2 424 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 849 000	6 868 000	4 690 000	4 242 000
Other Income	66 000	136 000	471 000	356 000
Revenue	4 915 000	7 003 000	5 161 000	4 598 000
Cost of Goods Sold	794 000	1 198 000	751 000	725 000
Salary Costs	907 000	1 672 000	1 088 000	2 578 000
Depreciation	778 000	668 000	450 000	422 000
Impairment	0	0	0	0
Expenditure	4 335 000	5 805 000	3 767 000	4 736 000
Operating Profit	580 000	1 197 000	1 393 000	161 000
Financial Income	1 000	1 000	0	0
Financial Costs	57 000	34 000	51 000	60 000
Financial Balance	−56 000	−33 000	−51 000	−60 000
Dividends	0	0	0	0
Net Income	409 000	908 000	1 047 000	79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	889 000	982 000	328 000	0
Machinery and Plant Facilities	1 765 000	1 689 000	916 000	1 283 000
Fixtures	525 000	563 000	404 000	66 000
Total Tangible Assets	3 179 000	3 234 000	1 648 000	1 349 000
Total Fiancial Fixed Assets	50 000	132 000	156 000	55 000
Total Fixed Assets	3 229 000	3 366 000	1 804 000	1 404 000
Stock	158 000	165 000	287 000	300 000
Total Investments	0	0	0	0
Cash, Bank	502 000	162 000	733 000	55 000
Total Current Assets	1 205 000	1 262 000	1 738 000	1 020 000
Total Assets	4 434 000	4 628 000	3 542 000	2 424 000
Total Equity	2 929 000	2 519 000	1 612 000	565 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	921 000	962 000	881 000	910 000
Creditors	257 000	417 000	6 000	101 000
Unpaid Taxes	51 000	71 000	271 000	380 000
Dividends	0	0	0	0
Other Current Debt	144 000	435 000	471 000	426 000
Total Current Debt	584 000	1 146 000	1 048 000	949 000
Total Equity and Debt	4 434 000	4 628 000	3 542 000	2 424 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,96 %	36,05 %	64,95 %	13,98 %
Debt-to-Equity Ratio	0,31	0,38	0,55	1,61
Operating Profit Margin	11,8 %	17,09 %	26,99 %	3,5 %
Current Ratio	2,06	1,1	1,66	1,07
Quick Ratio	2,83	1,29	2,28	1,57
Equity Ratio	0,66	0,54	0,46	0,23
Gross Profit Margin	83,85 %	82,89 %	85,45 %	84,23 %