SANITEK AS

5919 FREKHAUG

Finances

Return on Equity

57,78 %

Current Ratio

3,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 852 000	965 000	578 000	1 567 000
Net Income	1 274 000	196 000	117 000	242 000
Total Assets	2 842 000	1 165 000	795 000	834 000
Total Equity	2 205 000	932 000	736 000	619 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 852 000	965 000	578 000	1 567 000
Expenditure	1 066 000	709 000	479 000	1 258 000
Operating Profit	1 786 000	256 000	100 000	309 000
Financial Income	35 000	11 000	41 000	1 000
Financial Costs	148 000	13 000	1 000	0
Financial Balance	−113 000	−2 000	40 000	1 000
Earnings Before Tax	1 674 000	253 000	140 000	311 000
Tax	400 000	57 000	22 000	68 000
Net Income	1 274 000	196 000	117 000	242 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	404 000	181 000	0	0
Total Current Assets	2 437 000	984 000	795 000	834 000
Total Assets	2 842 000	1 165 000	795 000	834 000
Total Retained Equity	2 185 000	911 000	716 000	598 000
Total Equity	2 205 000	932 000	736 000	619 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	637 000	233 000	59 000	215 000
Total Equity and Debt	2 842 000	1 165 000	795 000	834 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 852 000	965 000	578 000	1 567 000
Other Income	0	0	0	0
Revenue	2 852 000	965 000	578 000	1 567 000
Cost of Goods Sold	0	1 000	31 000	415 000
Salary Costs	908 000	627 000	377 000	784 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 066 000	709 000	479 000	1 258 000
Operating Profit	1 786 000	256 000	100 000	309 000
Financial Income	35 000	11 000	41 000	1 000
Financial Costs	148 000	13 000	1 000	0
Financial Balance	−113 000	−2 000	40 000	1 000
Dividends	0	0	0	0
Net Income	1 274 000	196 000	117 000	242 000

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	404 000	181 000	0	0
Total Fixed Assets	404 000	181 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 063 000	593 000	787 000	833 000
Total Current Assets	2 437 000	984 000	795 000	834 000
Total Assets	2 842 000	1 165 000	795 000	834 000
Total Equity	2 205 000	932 000	736 000	619 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	159 000	121 000	4 000	49 000
Dividends	0	0	0	0
Other Current Debt	78 000	55 000	33 000	98 000
Total Current Debt	637 000	233 000	59 000	215 000
Total Equity and Debt	2 842 000	1 165 000	795 000	834 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,78 %	21,03 %	15,9 %	39,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	62,62 %	26,53 %	17,3 %	19,72 %
Current Ratio	3,83	4,22	13,47	3,88
Quick Ratio	3,83	4,22	13,47	3,88
Equity Ratio	0,78	0,8	0,93	0,74
Gross Profit Margin	100 %	99,9 %	94,64 %	73,52 %