SETHAUGEN AS

5430 BREMNES

Finances

Share Ownership

Return on Equity

5,71 %

Current Ratio

1 638,33

Debt-to-Equity Ratio

−47,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 000	4 000	4 000	4 000
Net Income	−6 000	−7 000	−15 000	−28 000
Total Assets	4 915 000	4 748 000	4 569 000	4 428 000
Total Equity	−105 000	−99 000	−92 000	−77 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 000	4 000	4 000	4 000
Expenditure	15 000	15 000	23 000	32 000
Operating Profit	−10 000	−11 000	−19 000	−28 000
Financial Income	4 000	4 000	4 000	0
Financial Costs	0	0	0	0
Financial Balance	4 000	4 000	4 000	0
Earnings Before Tax	−6 000	−7 000	−15 000	−28 000
Tax	0	0	0	0
Net Income	−6 000	−7 000	−15 000	−28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 915 000	4 748 000	4 569 000	4 428 000
Total Assets	4 915 000	4 748 000	4 569 000	4 428 000
Total Retained Equity	−124 000	−118 000	−111 000	−96 000
Total Equity	−105 000	−99 000	−92 000	−77 000
Total Long-Term Debt	5 018 000	2 539 000	4 654 000	4 489 000
Total Current Debt	3 000	2 308 000	7 000	16 000
Total Equity and Debt	4 915 000	4 748 000	4 569 000	4 428 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 000	4 000	4 000	4 000
Revenue	4 000	4 000	4 000	4 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	15 000	15 000	23 000	32 000
Operating Profit	−10 000	−11 000	−19 000	−28 000
Financial Income	4 000	4 000	4 000	0
Financial Costs	0	0	0	0
Financial Balance	4 000	4 000	4 000	0
Dividends	0	0	0	0
Net Income	−6 000	−7 000	−15 000	−28 000

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	4 883 000	4 710 000	4 537 000	4 379 000
Total Investments	0	0	0	0
Cash, Bank	33 000	38 000	32 000	49 000
Total Current Assets	4 915 000	4 748 000	4 569 000	4 428 000
Total Assets	4 915 000	4 748 000	4 569 000	4 428 000
Total Equity	−105 000	−99 000	−92 000	−77 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 018 000	2 539 000	4 654 000	4 489 000
Creditors	0	0	0	7 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 000	2 308 000	7 000	9 000
Total Current Debt	3 000	2 308 000	7 000	16 000
Total Equity and Debt	4 915 000	4 748 000	4 569 000	4 428 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,71 %	7,07 %	16,3 %	36,36 %
Debt-to-Equity Ratio	−47,79	−25,65	−50,59	−58,3
Operating Profit Margin	−250 %	−275 %	−475 %	−700 %
Current Ratio	1 638,33	2,06	652,71	276,75
Quick Ratio	−1,01	−1,98	−1,01	−1,01
Equity Ratio	−0,02	−0,02	−0,02	−0,02
Gross Profit Margin	100 %	100 %	100 %	100 %