RICHARD SÆLE AS

6899 BALESTRAND

Finances

Return on Equity

86,12 %

Current Ratio

0,48

Debt-to-Equity Ratio

−1,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 274 000	2 002 000	1 948 000	2 093 000
Net Income	−304 000	−99 000	−353 000	−52 000
Total Assets	1 118 000	1 530 000	1 590 000	2 069 000
Total Equity	−353 000	−48 000	51 000	403 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 274 000	2 002 000	1 948 000	2 093 000
Expenditure	2 526 000	2 045 000	2 230 000	2 051 000
Operating Profit	−252 000	−43 000	−281 000	42 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	53 000	57 000	72 000	95 000
Financial Balance	−53 000	−56 000	−71 000	−94 000
Earnings Before Tax	−304 000	−99 000	−353 000	−52 000
Tax	0	0	0	0
Net Income	−304 000	−99 000	−353 000	−52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	726 000	1 053 000	1 151 000	1 395 000
Total Current Assets	392 000	477 000	439 000	674 000
Total Assets	1 118 000	1 530 000	1 590 000	2 069 000
Total Retained Equity	−403 000	−98 000	1 000	353 000
Total Equity	−353 000	−48 000	51 000	403 000
Total Long-Term Debt	650 000	909 000	997 000	1 418 000
Total Current Debt	821 000	669 000	542 000	248 000
Total Equity and Debt	1 118 000	1 530 000	1 590 000	2 069 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 207 000	2 000 000	1 948 000	2 093 000
Other Income	67 000	2 000	0	0
Revenue	2 274 000	2 002 000	1 948 000	2 093 000
Cost of Goods Sold	22 000	94 000	211 000	132 000
Salary Costs	707 000	521 000	512 000	398 000
Depreciation	242 000	251 000	264 000	292 000
Impairment	0	0	0	0
Expenditure	2 526 000	2 045 000	2 230 000	2 051 000
Operating Profit	−252 000	−43 000	−281 000	42 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	53 000	57 000	72 000	95 000
Financial Balance	−53 000	−56 000	−71 000	−94 000
Dividends	0	0	0	0
Net Income	−304 000	−99 000	−353 000	−52 000

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	326 000	653 000	751 000	995 000
Total Tangible Assets	326 000	653 000	751 000	995 000
Total Fiancial Fixed Assets	400 000	400 000	400 000	400 000
Total Fixed Assets	726 000	1 053 000	1 151 000	1 395 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	213 000	105 000	146 000	264 000
Total Current Assets	392 000	477 000	439 000	674 000
Total Assets	1 118 000	1 530 000	1 590 000	2 069 000
Total Equity	−353 000	−48 000	51 000	403 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	650 000	909 000	997 000	1 418 000
Creditors	136 000	195 000	220 000	69 000
Unpaid Taxes	48 000	34 000	64 000	108 000
Dividends	0	0	0	0
Other Current Debt	637 000	440 000	258 000	71 000
Total Current Debt	821 000	669 000	542 000	248 000
Total Equity and Debt	1 118 000	1 530 000	1 590 000	2 069 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,12 %	206,25 %	−692,16 %	−12,9 %
Debt-to-Equity Ratio	−1,84	−18,94	19,55	3,52
Operating Profit Margin	−11,08 %	−2,15 %	−14,43 %	2,01 %
Current Ratio	0,48	0,71	0,81	2,72
Quick Ratio	0,48	0,71	0,81	2,72
Equity Ratio	−0,32	−0,03	0,03	0,19
Gross Profit Margin	99,03 %	95,3 %	89,17 %	93,69 %