SETTER INVEST AS

9900 KIRKENES

Finances

Share Ownership

Return on Equity

35,58 %

Current Ratio

0,16

Debt-to-Equity Ratio

14,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 918 000	3 973 000	3 819 000	3 714 000
Net Income	1 056 000	1 118 000	1 500 000	1 772 000
Total Assets	48 117 000	55 022 000	30 325 000	16 223 000
Total Equity	2 968 000	2 926 000	2 903 000	2 900 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 918 000	3 973 000	3 819 000	3 714 000
Expenditure	3 024 000	1 281 000	1 196 000	1 258 000
Operating Profit	1 895 000	2 691 000	2 623 000	2 456 000
Financial Income	1 465 000	916 000	587 000	310 000
Financial Costs	2 006 000	2 170 000	1 284 000	495 000
Financial Balance	−541 000	−1 254 000	−697 000	−185 000
Earnings Before Tax	1 353 000	1 437 000	1 925 000	2 272 000
Tax	298 000	319 000	425 000	500 000
Net Income	1 056 000	1 118 000	1 500 000	1 772 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 542 000	33 252 000	21 296 000	14 891 000
Total Current Assets	575 000	21 771 000	9 029 000	1 332 000
Total Assets	48 117 000	55 022 000	30 325 000	16 223 000
Total Retained Equity	−6 289 000	−6 331 000	−6 354 000	−6 357 000
Total Equity	2 968 000	2 926 000	2 903 000	2 900 000
Total Long-Term Debt	41 613 000	44 542 000	16 651 000	11 847 000
Total Current Debt	3 536 000	7 554 000	10 770 000	1 476 000
Total Equity and Debt	48 117 000	55 022 000	30 325 000	16 223 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 918 000	3 973 000	3 819 000	3 714 000
Revenue	4 918 000	3 973 000	3 819 000	3 714 000
Cost of Goods Sold	162 000	189 000	0	0
Salary Costs	0	0	0	0
Depreciation	1 466 000	365 000	481 000	524 000
Impairment	0	0	0	0
Expenditure	3 024 000	1 281 000	1 196 000	1 258 000
Operating Profit	1 895 000	2 691 000	2 623 000	2 456 000
Financial Income	1 465 000	916 000	587 000	310 000
Financial Costs	2 006 000	2 170 000	1 284 000	495 000
Financial Balance	−541 000	−1 254 000	−697 000	−185 000
Dividends	0	0	0	0
Net Income	1 056 000	1 118 000	1 500 000	1 772 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 273 000	13 656 000	7 118 000	7 496 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 592 000	1 868 000	1 947 000	2 050 000
Total Tangible Assets	21 865 000	15 524 000	9 064 000	9 545 000
Total Fiancial Fixed Assets	25 677 000	17 728 000	12 231 000	5 346 000
Total Fixed Assets	47 542 000	33 252 000	21 296 000	14 891 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	21 602 000	8 684 000	143 000
Total Current Assets	575 000	21 771 000	9 029 000	1 332 000
Total Assets	48 117 000	55 022 000	30 325 000	16 223 000
Total Equity	2 968 000	2 926 000	2 903 000	2 900 000
Short-Term Group Debt	6 000	1 454 000	3 000	138 000
Total Long-Term Debt	41 613 000	44 542 000	16 651 000	11 847 000
Creditors	250 000	2 732 000	58 000	185 000
Unpaid Taxes	58 000	59 000	188 000	1 000
Dividends	0	0	0	0
Other Current Debt	282 000	368 000	81 000	52 000
Total Current Debt	3 536 000	7 554 000	10 770 000	1 476 000
Total Equity and Debt	48 117 000	55 022 000	30 325 000	16 223 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,58 %	38,21 %	51,67 %	61,1 %
Debt-to-Equity Ratio	14,02	15,22	5,74	4,09
Operating Profit Margin	38,53 %	67,73 %	68,68 %	66,13 %
Current Ratio	0,16	2,88	0,84	0,9
Quick Ratio	0,16	2,88	0,84	0,9
Equity Ratio	0,06	0,05	0,1	0,18
Gross Profit Margin	96,71 %	95,24 %	100 %	100 %