SAXETT AS

6092 FOSNAVÅG

Finances

Share Ownership

Return on Equity

−5,14 %

Current Ratio

3,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 329 000	2 381 000	2 329 000	2 131 000
Net Income	−62 000	242 000	293 000	63 000
Total Assets	1 664 000	1 745 000	1 479 000	993 000
Total Equity	1 206 000	1 269 000	1 026 000	447 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 329 000	2 381 000	2 329 000	2 131 000
Expenditure	2 392 000	2 068 000	1 950 000	2 045 000
Operating Profit	−63 000	313 000	379 000	86 000
Financial Income	0	0	1 000	3 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	3 000
Earnings Before Tax	−62 000	313 000	379 000	88 000
Tax	0	71 000	86 000	25 000
Net Income	−62 000	242 000	293 000	63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 664 000	1 745 000	1 479 000	993 000
Total Assets	1 664 000	1 745 000	1 479 000	993 000
Total Retained Equity	820 000	883 000	640 000	347 000
Total Equity	1 206 000	1 269 000	1 026 000	447 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	457 000	476 000	453 000	546 000
Total Equity and Debt	1 664 000	1 745 000	1 479 000	993 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 329 000	2 361 000	2 315 000	2 131 000
Other Income	0	20 000	13 000	0
Revenue	2 329 000	2 381 000	2 329 000	2 131 000
Cost of Goods Sold	257 000	271 000	246 000	320 000
Salary Costs	1 780 000	1 477 000	1 328 000	1 204 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 392 000	2 068 000	1 950 000	2 045 000
Operating Profit	−63 000	313 000	379 000	86 000
Financial Income	0	0	1 000	3 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	3 000
Dividends	0	0	0	260 000
Net Income	−62 000	242 000	293 000	63 000

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	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	82 000	78 000	99 000	127 000
Total Investments	0	0	0	0
Cash, Bank	1 500 000	1 659 000	1 376 000	841 000
Total Current Assets	1 664 000	1 745 000	1 479 000	993 000
Total Assets	1 664 000	1 745 000	1 479 000	993 000
Total Equity	1 206 000	1 269 000	1 026 000	447 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	28 000	31 000	15 000	19 000
Unpaid Taxes	215 000	193 000	188 000	185 000
Dividends	0	0	0	260 000
Other Current Debt	215 000	182 000	165 000	121 000
Total Current Debt	457 000	476 000	453 000	546 000
Total Equity and Debt	1 664 000	1 745 000	1 479 000	993 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,14 %	19,07 %	28,56 %	14,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,71 %	13,15 %	16,27 %	4,04 %
Current Ratio	3,64	3,67	3,26	1,82
Quick Ratio	4,44	4,38	4,18	2,37
Equity Ratio	0,72	0,73	0,69	0,45
Gross Profit Margin	88,97 %	88,62 %	89,44 %	84,98 %