SAASTAD AS

3910 PORSGRUNN

Finances

Return on Equity

37,69 %

Current Ratio

0,3

Debt-to-Equity Ratio

1,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 461 000	9 738 000	6 685 000	1 797 000
Net Income	1 339 000	924 000	1 946 000	−1 330 000
Total Assets	13 330 000	13 199 000	10 206 000	8 420 000
Total Equity	3 553 000	4 664 000	3 740 000	3 605 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 461 000	9 738 000	6 685 000	1 797 000
Expenditure	5 943 000	8 192 000	3 973 000	3 063 000
Operating Profit	2 517 000	1 546 000	2 712 000	−1 265 000
Financial Income	0	6 000	420 000	0
Financial Costs	691 000	362 000	608 000	65 000
Financial Balance	−691 000	−356 000	−188 000	−65 000
Earnings Before Tax	1 827 000	1 190 000	2 524 000	−1 330 000
Tax	488 000	267 000	579 000	0
Net Income	1 339 000	924 000	1 946 000	−1 330 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 800 000	6 536 000	2 982 000	2 664 000
Total Current Assets	1 530 000	6 663 000	7 224 000	5 756 000
Total Assets	13 330 000	13 199 000	10 206 000	8 420 000
Total Retained Equity	3 403 000	4 514 000	3 590 000	3 455 000
Total Equity	3 553 000	4 664 000	3 740 000	3 605 000
Total Long-Term Debt	4 600 000	3 448 000	3 643 000	3 980 000
Total Current Debt	5 177 000	5 088 000	2 822 000	836 000
Total Equity and Debt	13 330 000	13 199 000	10 206 000	8 420 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 064 000	9 586 000	3 921 000	1 797 000
Other Income	3 396 000	152 000	2 764 000	0
Revenue	8 461 000	9 738 000	6 685 000	1 797 000
Cost of Goods Sold	531 000	1 024 000	495 000	157 000
Salary Costs	927 000	2 095 000	0	0
Depreciation	590 000	1 054 000	517 000	777 000
Impairment	0	0	0	0
Expenditure	5 943 000	8 192 000	3 973 000	3 063 000
Operating Profit	2 517 000	1 546 000	2 712 000	−1 265 000
Financial Income	0	6 000	420 000	0
Financial Costs	691 000	362 000	608 000	65 000
Financial Balance	−691 000	−356 000	−188 000	−65 000
Dividends	2 450 000	0	1 810 000	100 000
Net Income	1 339 000	924 000	1 946 000	−1 330 000

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	48 000	36 000
Fixtures	2 080 000	2 323 000	2 303 000	280 000
Total Tangible Assets	5 086 000	5 988 000	2 922 000	2 349 000
Total Fiancial Fixed Assets	6 714 000	548 000	60 000	315 000
Total Fixed Assets	11 800 000	6 536 000	2 982 000	2 664 000
Stock	15 000	15 000	0	0
Total Investments	0	0	0	0
Cash, Bank	142 000	0	32 000	131 000
Total Current Assets	1 530 000	6 663 000	7 224 000	5 756 000
Total Assets	13 330 000	13 199 000	10 206 000	8 420 000
Total Equity	3 553 000	4 664 000	3 740 000	3 605 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 600 000	3 448 000	3 643 000	3 980 000
Creditors	2 237 000	3 141 000	437 000	394 000
Unpaid Taxes	495 000	541 000	486 000	154 000
Dividends	2 450 000	0	1 810 000	100 000
Other Current Debt	632 000	551 000	50 000	188 000
Total Current Debt	5 177 000	5 088 000	2 822 000	836 000
Total Equity and Debt	13 330 000	13 199 000	10 206 000	8 420 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,69 %	19,81 %	52,03 %	−36,89 %
Debt-to-Equity Ratio	1,29	0,74	0,97	1,1
Operating Profit Margin	29,75 %	15,88 %	40,57 %	−70,4 %
Current Ratio	0,3	1,31	2,56	6,89
Quick Ratio	0,3	1,31	2,56	6,89
Equity Ratio	0,27	0,35	0,37	0,43
Gross Profit Margin	93,72 %	89,48 %	92,6 %	91,26 %