IVAR SÆTER AS

1771 HALDEN

Finances

Return on Equity

−2,66 %

Current Ratio

2,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 647 000	23 995 000	21 269 000	18 720 000
Net Income	−141 000	1 606 000	842 000	146 000
Total Assets	8 352 000	8 778 000	7 850 000	8 704 000
Total Equity	5 307 000	5 448 000	3 842 000	3 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 647 000	23 995 000	21 269 000	18 720 000
Expenditure	18 785 000	21 886 000	20 112 000	18 407 000
Operating Profit	−136 000	2 109 000	1 157 000	313 000
Financial Income	2 000	1 000	1 000	0
Financial Costs	47 000	51 000	78 000	122 000
Financial Balance	−45 000	−50 000	−77 000	−122 000
Earnings Before Tax	−181 000	2 060 000	1 079 000	191 000
Tax	−40 000	453 000	237 000	45 000
Net Income	−141 000	1 606 000	842 000	146 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	517 000	716 000	654 000	1 326 000
Total Current Assets	7 835 000	8 062 000	7 195 000	7 378 000
Total Assets	8 352 000	8 778 000	7 850 000	8 704 000
Total Retained Equity	3 336 000	3 477 000	1 870 000	1 029 000
Total Equity	5 307 000	5 448 000	3 842 000	3 000 000
Total Long-Term Debt	0	122 000	442 000	700 000
Total Current Debt	3 045 000	3 207 000	3 566 000	5 004 000
Total Equity and Debt	8 352 000	8 778 000	7 850 000	8 704 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 639 000	23 944 000	21 269 000	18 720 000
Other Income	9 000	51 000	0	0
Revenue	18 647 000	23 995 000	21 269 000	18 720 000
Cost of Goods Sold	10 660 000	13 616 000	12 704 000	11 346 000
Salary Costs	3 920 000	3 878 000	3 077 000	3 224 000
Depreciation	216 000	205 000	197 000	189 000
Impairment	0	0	0	0
Expenditure	18 785 000	21 886 000	20 112 000	18 407 000
Operating Profit	−136 000	2 109 000	1 157 000	313 000
Financial Income	2 000	1 000	1 000	0
Financial Costs	47 000	51 000	78 000	122 000
Financial Balance	−45 000	−50 000	−77 000	−122 000
Dividends	0	0	0	0
Net Income	−141 000	1 606 000	842 000	146 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	0	0	75 000
Real Eastate	183 000	399 000	529 000	726 000
Machinery and Plant Facilities	191 000	191 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	374 000	590 000	529 000	726 000
Total Fiancial Fixed Assets	126 000	126 000	126 000	526 000
Total Fixed Assets	517 000	716 000	654 000	1 326 000
Stock	6 809 000	6 387 000	6 006 000	5 943 000
Total Investments	0	0	0	0
Cash, Bank	139 000	778 000	389 000	116 000
Total Current Assets	7 835 000	8 062 000	7 195 000	7 378 000
Total Assets	8 352 000	8 778 000	7 850 000	8 704 000
Total Equity	5 307 000	5 448 000	3 842 000	3 000 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	122 000	442 000	700 000
Creditors	1 265 000	1 030 000	1 547 000	1 842 000
Unpaid Taxes	717 000	827 000	837 000	703 000
Dividends	0	0	0	0
Other Current Debt	676 000	876 000	1 061 000	1 548 000
Total Current Debt	3 045 000	3 207 000	3 566 000	5 004 000
Total Equity and Debt	8 352 000	8 778 000	7 850 000	8 704 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,66 %	29,48 %	21,92 %	4,87 %
Debt-to-Equity Ratio	0	0,02	0,12	0,23
Operating Profit Margin	−0,73 %	8,79 %	5,44 %	1,67 %
Current Ratio	2,57	2,51	2,02	1,47
Quick Ratio	−2,08	−2,54	−2,95	−7,86
Equity Ratio	0,64	0,62	0,49	0,34
Gross Profit Margin	42,83 %	43,25 %	40,27 %	39,39 %