SÆTERBAKKEN AS

7105 STADSBYGD

Finances

Return on Equity

459,18 %

Current Ratio

60,05

Debt-to-Equity Ratio

23,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 000 000	1 156 000	11 419 000	18 270 000
Net Income	3 453 000	−236 000	−3 795 000	1 281 000
Total Assets	18 644 000	29 902 000	29 785 000	41 521 000
Total Equity	752 000	−2 700 000	−2 464 000	1 330 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 000 000	1 156 000	11 419 000	18 270 000
Expenditure	123 000	137 000	14 393 000	14 588 000
Operating Profit	4 877 000	1 018 000	−2 973 000	3 682 000
Financial Income	1 000	0	1 000	0
Financial Costs	451 000	1 321 000	1 892 000	2 039 000
Financial Balance	−450 000	−1 321 000	−1 891 000	−2 039 000
Earnings Before Tax	4 427 000	−302 000	−4 865 000	1 642 000
Tax	974 000	−67 000	−1 070 000	361 000
Net Income	3 453 000	−236 000	−3 795 000	1 281 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	268 000	1 242 000	1 176 000	0
Total Current Assets	18 375 000	28 660 000	28 609 000	41 521 000
Total Assets	18 644 000	29 902 000	29 785 000	41 521 000
Total Retained Equity	740 000	−2 713 000	−2 477 000	1 318 000
Total Equity	752 000	−2 700 000	−2 464 000	1 330 000
Total Long-Term Debt	17 585 000	32 120 000	31 491 000	38 579 000
Total Current Debt	306 000	483 000	758 000	1 612 000
Total Equity and Debt	18 644 000	29 902 000	29 785 000	41 521 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 990 000	1 156 000	11 419 000	18 270 000
Other Income	10 000	0	0	0
Revenue	5 000 000	1 156 000	11 419 000	18 270 000
Cost of Goods Sold	0	0	13 070 000	13 954 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	123 000	137 000	14 393 000	14 588 000
Operating Profit	4 877 000	1 018 000	−2 973 000	3 682 000
Financial Income	1 000	0	1 000	0
Financial Costs	451 000	1 321 000	1 892 000	2 039 000
Financial Balance	−450 000	−1 321 000	−1 891 000	−2 039 000
Dividends	0	0	0	0
Net Income	3 453 000	−236 000	−3 795 000	1 281 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	58 000	1 032 000	966 000	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	210 000	210 000	210 000	0
Total Fixed Assets	268 000	1 242 000	1 176 000	0
Stock	3 585 000	1 472 000	27 460 000	37 201 000
Total Investments	0	0	0	0
Cash, Bank	473 000	0	0	0
Total Current Assets	18 375 000	28 660 000	28 609 000	41 521 000
Total Assets	18 644 000	29 902 000	29 785 000	41 521 000
Total Equity	752 000	−2 700 000	−2 464 000	1 330 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 585 000	32 120 000	31 491 000	38 579 000
Creditors	53 000	268 000	496 000	1 506 000
Unpaid Taxes	0	0	49 000	0
Dividends	0	0	0	0
Other Current Debt	253 000	211 000	211 000	1 000
Total Current Debt	306 000	483 000	758 000	1 612 000
Total Equity and Debt	18 644 000	29 902 000	29 785 000	41 521 000

Financial indicators	2022	2021	2020	2019
Return on Equity	459,18 %	8,74 %	154,02 %	96,32 %
Debt-to-Equity Ratio	23,38	−11,9	−12,78	29,01
Operating Profit Margin	97,54 %	88,06 %	−26,04 %	20,15 %
Current Ratio	60,05	59,34	37,74	25,76
Quick Ratio	−5,6	−28,98	−1,07	−1,17
Equity Ratio	0,04	−0,09	−0,08	0,03
Gross Profit Margin	100 %	100 %	−14,46 %	23,62 %