SÆTH EIENDOM AS

6300 ÅNDALSNES

Finances

Return on Equity

9,44 %

Current Ratio

11,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	240 000	240 000	240 000	240 000
Net Income	114 000	111 000	114 000	111 000
Total Assets	1 262 000	1 247 000	1 270 000	1 220 000
Total Equity	1 208 000	1 094 000	1 084 000	1 070 000

Income (NOK)	2022	2021	2020	2019
Revenue	240 000	240 000	240 000	240 000
Expenditure	92 000	96 000	89 000	90 000
Operating Profit	148 000	144 000	151 000	150 000
Financial Income	0	0	0	0
Financial Costs	0	0	3 000	6 000
Financial Balance	0	0	−3 000	−6 000
Earnings Before Tax	148 000	144 000	148 000	144 000
Tax	34 000	33 000	34 000	33 000
Net Income	114 000	111 000	114 000	111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	653 000	665 000	678 000	691 000
Total Current Assets	610 000	581 000	591 000	529 000
Total Assets	1 262 000	1 247 000	1 270 000	1 220 000
Total Retained Equity	958 000	844 000	834 000	820 000
Total Equity	1 208 000	1 094 000	1 084 000	1 070 000
Total Long-Term Debt	0	0	33 000	100 000
Total Current Debt	54 000	152 000	153 000	50 000
Total Equity and Debt	1 262 000	1 247 000	1 270 000	1 220 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	240 000	240 000	240 000	240 000
Revenue	240 000	240 000	240 000	240 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	13 000	13 000	13 000	13 000
Impairment	0	0	0	0
Expenditure	92 000	96 000	89 000	90 000
Operating Profit	148 000	144 000	151 000	150 000
Financial Income	0	0	0	0
Financial Costs	0	0	3 000	6 000
Financial Balance	0	0	−3 000	−6 000
Dividends	0	100 000	100 000	0
Net Income	114 000	111 000	114 000	111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	75 000	88 000	101 000	114 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	75 000	88 000	101 000	114 000
Total Fiancial Fixed Assets	577 000	577 000	577 000	577 000
Total Fixed Assets	653 000	665 000	678 000	691 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	190 000	136 000	120 000	58 000
Total Current Assets	610 000	581 000	591 000	529 000
Total Assets	1 262 000	1 247 000	1 270 000	1 220 000
Total Equity	1 208 000	1 094 000	1 084 000	1 070 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	33 000	100 000
Creditors	20 000	19 000	19 000	17 000
Unpaid Taxes	0	0	0	0
Dividends	0	100 000	100 000	0
Other Current Debt	0	0	0	0
Total Current Debt	54 000	152 000	153 000	50 000
Total Equity and Debt	1 262 000	1 247 000	1 270 000	1 220 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,44 %	10,15 %	10,52 %	10,37 %
Debt-to-Equity Ratio	0	0	0,03	0,09
Operating Profit Margin	61,67 %	60 %	62,92 %	62,5 %
Current Ratio	11,3	3,82	3,86	10,58
Quick Ratio	11,3	3,82	3,86	10,58
Equity Ratio	0,96	0,88	0,85	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %