SÆTHER ELEKTRISKE AS

2019 SKEDSMOKORSET

Finances

Return on Equity

−78,74 %

Current Ratio

1,54

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 296 000	34 888 000	32 595 000	53 572 000
Net Income	−3 475 000	487 000	1 156 000	2 926 000
Total Assets	14 521 000	13 939 000	14 675 000	16 376 000
Total Equity	4 413 000	7 887 000	7 801 000	7 262 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 296 000	34 888 000	32 595 000	53 572 000
Expenditure	41 870 000	34 353 000	31 232 000	49 908 000
Operating Profit	−3 574 000	534 000	1 363 000	3 664 000
Financial Income	89 000	82 000	117 000	106 000
Financial Costs	11 000	1 000	5 000	3 000
Financial Balance	78 000	81 000	112 000	103 000
Earnings Before Tax	−3 497 000	615 000	1 475 000	3 766 000
Tax	−22 000	128 000	319 000	840 000
Net Income	−3 475 000	487 000	1 156 000	2 926 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 195 000	81 000	95 000	66 000
Total Current Assets	13 326 000	13 858 000	14 580 000	16 310 000
Total Assets	14 521 000	13 939 000	14 675 000	16 376 000
Total Retained Equity	1 383 000	4 857 000	4 771 000	4 232 000
Total Equity	4 413 000	7 887 000	7 801 000	7 262 000
Total Long-Term Debt	1 442 000	379 000	424 000	1 209 000
Total Current Debt	8 667 000	5 672 000	6 450 000	7 905 000
Total Equity and Debt	14 521 000	13 939 000	14 675 000	16 376 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 296 000	34 888 000	32 595 000	53 572 000
Other Income	0	0	0	0
Revenue	38 296 000	34 888 000	32 595 000	53 572 000
Cost of Goods Sold	21 327 000	16 247 000	14 914 000	29 837 000
Salary Costs	16 115 000	14 537 000	12 856 000	16 083 000
Depreciation	73 000	14 000	14 000	0
Impairment	0	0	0	0
Expenditure	41 870 000	34 353 000	31 232 000	49 908 000
Operating Profit	−3 574 000	534 000	1 363 000	3 664 000
Financial Income	89 000	82 000	117 000	106 000
Financial Costs	11 000	1 000	5 000	3 000
Financial Balance	78 000	81 000	112 000	103 000
Dividends	0	400 000	600 000	1 400 000
Net Income	−3 475 000	487 000	1 156 000	2 926 000

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	1 132 000	18 000	33 000	4 000
Total Tangible Assets	1 132 000	18 000	33 000	4 000
Total Fiancial Fixed Assets	62 000	62 000	62 000	62 000
Total Fixed Assets	1 195 000	81 000	95 000	66 000
Stock	21 000	22 000	31 000	68 000
Total Investments	0	0	0	0
Cash, Bank	2 895 000	6 563 000	7 909 000	7 870 000
Total Current Assets	13 326 000	13 858 000	14 580 000	16 310 000
Total Assets	14 521 000	13 939 000	14 675 000	16 376 000
Total Equity	4 413 000	7 887 000	7 801 000	7 262 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 442 000	379 000	424 000	1 209 000
Creditors	2 233 000	492 000	250 000	898 000
Unpaid Taxes	2 196 000	2 257 000	1 991 000	1 520 000
Dividends	0	400 000	600 000	1 400 000
Other Current Debt	4 239 000	2 772 000	3 110 000	4 529 000
Total Current Debt	8 667 000	5 672 000	6 450 000	7 905 000
Total Equity and Debt	14 521 000	13 939 000	14 675 000	16 376 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−78,74 %	6,17 %	14,82 %	40,29 %
Debt-to-Equity Ratio	0,33	0,05	0,05	0,17
Operating Profit Margin	−9,33 %	1,53 %	4,18 %	6,84 %
Current Ratio	1,54	2,44	2,26	2,06
Quick Ratio	1,54	2,45	2,27	2,08
Equity Ratio	0,3	0,57	0,53	0,44
Gross Profit Margin	44,31 %	53,43 %	54,24 %	44,3 %