SAGEN EIENDOMSUTVIKLING AS

1395 HVALSTAD

Finances

Return on Equity

−57,71 %

Current Ratio

11,14

Debt-to-Equity Ratio

11,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 829 000	558 000	25 280 000	99 919 000
Net Income	−1 156 000	−946 000	−2 406 000	7 785 000
Total Assets	27 586 000	31 304 000	36 222 000	61 598 000
Total Equity	2 003 000	3 160 000	8 323 000	8 306 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 829 000	558 000	25 280 000	99 919 000
Expenditure	1 458 000	585 000	24 050 000	90 111 000
Operating Profit	372 000	−26 000	1 229 000	9 808 000
Financial Income	64 000	0	124 000	2 000
Financial Costs	1 592 000	1 145 000	1 277 000	2 025 000
Financial Balance	−1 528 000	−1 145 000	−1 153 000	−2 023 000
Earnings Before Tax	−1 156 000	−1 171 000	77 000	7 785 000
Tax	0	−226 000	2 483 000	0
Net Income	−1 156 000	−946 000	−2 406 000	7 785 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 481 000	2 420 000	2 400 000	53 343 000
Total Current Assets	25 105 000	28 884 000	33 822 000	8 256 000
Total Assets	27 586 000	31 304 000	36 222 000	61 598 000
Total Retained Equity	1 971 000	3 128 000	4 073 000	6 256 000
Total Equity	2 003 000	3 160 000	8 323 000	8 306 000
Total Long-Term Debt	23 329 000	23 104 000	19 410 000	21 324 000
Total Current Debt	2 253 000	5 039 000	8 488 000	31 968 000
Total Equity and Debt	27 586 000	31 304 000	36 222 000	61 598 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	25 280 000	99 919 000
Other Income	1 829 000	558 000	0	0
Revenue	1 829 000	558 000	25 280 000	99 919 000
Cost of Goods Sold	814 000	19 000	23 375 000	89 890 000
Salary Costs	0	0	0	0
Depreciation	5 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 458 000	585 000	24 050 000	90 111 000
Operating Profit	372 000	−26 000	1 229 000	9 808 000
Financial Income	64 000	0	124 000	2 000
Financial Costs	1 592 000	1 145 000	1 277 000	2 025 000
Financial Balance	−1 528 000	−1 145 000	−1 153 000	−2 023 000
Dividends	0	0	3 200 000	0
Net Income	−1 156 000	−946 000	−2 406 000	7 785 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	43 697 000
Machinery and Plant Facilities	0	0	0	535 000
Fixtures	22 000	0	0	0
Total Tangible Assets	22 000	0	0	44 233 000
Total Fiancial Fixed Assets	2 459 000	2 420 000	2 400 000	9 110 000
Total Fixed Assets	2 481 000	2 420 000	2 400 000	53 343 000
Stock	20 515 000	20 087 000	19 856 000	0
Total Investments	0	0	0	0
Cash, Bank	2 199 000	7 764 000	8 069 000	3 871 000
Total Current Assets	25 105 000	28 884 000	33 822 000	8 256 000
Total Assets	27 586 000	31 304 000	36 222 000	61 598 000
Total Equity	2 003 000	3 160 000	8 323 000	8 306 000
Short-Term Group Debt	0	0	0	5 436 000
Total Long-Term Debt	23 329 000	23 104 000	19 410 000	21 324 000
Creditors	402 000	46 000	18 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	3 200 000	0
Other Current Debt	1 852 000	4 668 000	3 025 000	3 000
Total Current Debt	2 253 000	5 039 000	8 488 000	31 968 000
Total Equity and Debt	27 586 000	31 304 000	36 222 000	61 598 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−57,71 %	−29,94 %	−28,91 %	93,73 %
Debt-to-Equity Ratio	11,65	7,31	2,33	2,57
Operating Profit Margin	20,34 %	−4,66 %	4,86 %	9,82 %
Current Ratio	11,14	5,73	3,98	0,26
Quick Ratio	−1,37	−1,92	−2,98	0,26
Equity Ratio	0,07	0,1	0,23	0,13
Gross Profit Margin	55,49 %	96,59 %	7,54 %	10,04 %