SÆTHEREN PROSJEKT AS

3516 HØNEFOSS

Finances

Share Ownership

Return on Equity

65,45 %

Current Ratio

0,68

Debt-to-Equity Ratio

30,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 156 000	292 000	220 000	394 000
Net Income	161 000	−184 000	−278 000	−220 000
Total Assets	14 852 000	15 062 000	14 989 000	11 813 000
Total Equity	246 000	85 000	85 000	85 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 156 000	292 000	220 000	394 000
Expenditure	166 000	195 000	209 000	265 000
Operating Profit	630 000	97 000	11 000	129 000
Financial Income	0	0	0	0
Financial Costs	424 000	333 000	368 000	412 000
Financial Balance	−424 000	−333 000	−368 000	−412 000
Earnings Before Tax	206 000	−236 000	−357 000	−282 000
Tax	45 000	−52 000	−79 000	−62 000
Net Income	161 000	−184 000	−278 000	−220 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 016 000	9 950 000	9 747 000	6 949 000
Total Current Assets	4 836 000	5 112 000	5 242 000	4 864 000
Total Assets	14 852 000	15 062 000	14 989 000	11 813 000
Total Retained Equity	−1 335 000	−1 496 000	−1 312 000	−1 034 000
Total Equity	246 000	85 000	85 000	85 000
Total Long-Term Debt	7 464 000	7 579 000	7 654 000	2 650 000
Total Current Debt	7 143 000	7 398 000	7 251 000	9 079 000
Total Equity and Debt	14 852 000	15 062 000	14 989 000	11 813 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 156 000	292 000	220 000	394 000
Revenue	1 156 000	292 000	220 000	394 000
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	166 000	195 000	209 000	265 000
Operating Profit	630 000	97 000	11 000	129 000
Financial Income	0	0	0	0
Financial Costs	424 000	333 000	368 000	412 000
Financial Balance	−424 000	−333 000	−368 000	−412 000
Dividends	0	0	0	0
Net Income	161 000	−184 000	−278 000	−220 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	44 000	44 000	44 000
Real Eastate	10 016 000	9 906 000	9 703 000	6 905 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 016 000	9 906 000	9 703 000	6 905 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 016 000	9 950 000	9 747 000	6 949 000
Stock	4 730 000	4 790 000	4 753 000	3 876 000
Total Investments	0	0	0	0
Cash, Bank	86 000	65 000	117 000	56 000
Total Current Assets	4 836 000	5 112 000	5 242 000	4 864 000
Total Assets	14 852 000	15 062 000	14 989 000	11 813 000
Total Equity	246 000	85 000	85 000	85 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 464 000	7 579 000	7 654 000	2 650 000
Creditors	100 000	17 000	21 000	1 294 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 041 000	7 381 000	7 230 000	4 947 000
Total Current Debt	7 143 000	7 398 000	7 251 000	9 079 000
Total Equity and Debt	14 852 000	15 062 000	14 989 000	11 813 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,45 %	−216,47 %	−327,06 %	−258,82 %
Debt-to-Equity Ratio	30,34	89,16	90,05	31,18
Operating Profit Margin	54,5 %	33,22 %	5 %	32,74 %
Current Ratio	0,68	0,69	0,72	0,54
Quick Ratio	2	1,96	2,1	0,93
Equity Ratio	0,02	0,01	0,01	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %