SARS INVEST AS

1940 BJØRKELANGEN

Finances

Share Ownership

Return on Equity

−10,32 %

Current Ratio

1,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	678 000	1 112 000	130 000
Net Income	−356 000	380 000	423 000	−49 000
Total Assets	5 299 000	5 674 000	5 516 000	5 021 000
Total Equity	3 449 000	3 805 000	3 424 000	2 595 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	678 000	1 112 000	130 000
Expenditure	27 000	647 000	1 028 000	34 000
Operating Profit	−27 000	32 000	84 000	96 000
Financial Income	109 000	396 000	363 000	355 000
Financial Costs	437 000	28 000	0	477 000
Financial Balance	−328 000	368 000	363 000	−122 000
Earnings Before Tax	−356 000	400 000	446 000	−26 000
Tax	0	19 000	23 000	24 000
Net Income	−356 000	380 000	423 000	−49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 935 000	1 935 000	1 935 000	1 855 000
Total Current Assets	3 364 000	3 739 000	3 580 000	3 165 000
Total Assets	5 299 000	5 674 000	5 516 000	5 021 000
Total Retained Equity	3 419 000	3 775 000	3 394 000	2 565 000
Total Equity	3 449 000	3 805 000	3 424 000	2 595 000
Total Long-Term Debt	0	0	0	250 000
Total Current Debt	1 850 000	1 869 000	2 091 000	2 176 000
Total Equity and Debt	5 299 000	5 674 000	5 516 000	5 021 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	678 000	1 112 000	130 000
Other Income	0	0	0	0
Revenue	0	678 000	1 112 000	130 000
Cost of Goods Sold	0	611 000	948 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	27 000	647 000	1 028 000	34 000
Operating Profit	−27 000	32 000	84 000	96 000
Financial Income	109 000	396 000	363 000	355 000
Financial Costs	437 000	28 000	0	477 000
Financial Balance	−328 000	368 000	363 000	−122 000
Dividends	0	0	0	0
Net Income	−356 000	380 000	423 000	−49 000

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	1 935 000	1 935 000	1 935 000	1 855 000
Total Fixed Assets	1 935 000	1 935 000	1 935 000	1 855 000
Stock	0	0	0	0
Total Investments	2 383 000	3 006 000	3 139 000	2 783 000
Cash, Bank	443 000	195 000	391 000	382 000
Total Current Assets	3 364 000	3 739 000	3 580 000	3 165 000
Total Assets	5 299 000	5 674 000	5 516 000	5 021 000
Total Equity	3 449 000	3 805 000	3 424 000	2 595 000
Short-Term Group Debt	0	0	163 000	163 000
Total Long-Term Debt	0	0	0	250 000
Creditors	0	0	11 000	0
Unpaid Taxes	0	0	5 000	24 000
Dividends	0	0	0	0
Other Current Debt	1 850 000	1 850 000	1 890 000	1 964 000
Total Current Debt	1 850 000	1 869 000	2 091 000	2 176 000
Total Equity and Debt	5 299 000	5 674 000	5 516 000	5 021 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,32 %	9,99 %	12,35 %	−1,89 %
Debt-to-Equity Ratio	0	0	0	0,1
Operating Profit Margin	-	4,72 %	7,55 %	73,85 %
Current Ratio	1,82	2	1,71	1,45
Quick Ratio	1,82	2	1,71	1,45
Equity Ratio	0,65	0,67	0,62	0,52
Gross Profit Margin	-	9,88 %	14,75 %	100 %