SARPEN STUDIOS AS

1706 SARPSBORG

Finances

Share Ownership

Return on Equity

11,87 %

Current Ratio

0,06

Debt-to-Equity Ratio

4,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	545 000	545 000	545 000	595 000
Net Income	82 000	99 000	96 000	118 000
Total Assets	4 906 000	5 052 000	5 172 000	5 198 000
Total Equity	691 000	608 000	509 000	413 000

Income (NOK)	2022	2021	2020	2019
Revenue	545 000	545 000	545 000	595 000
Expenditure	252 000	258 000	246 000	238 000
Operating Profit	293 000	287 000	299 000	357 000
Financial Income	0	0	0	0
Financial Costs	184 000	160 000	175 000	206 000
Financial Balance	−184 000	−160 000	−175 000	−206 000
Earnings Before Tax	109 000	127 000	123 000	151 000
Tax	27 000	28 000	27 000	33 000
Net Income	82 000	99 000	96 000	118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 835 000	4 957 000	5 062 000	5 182 000
Total Current Assets	70 000	96 000	110 000	15 000
Total Assets	4 906 000	5 052 000	5 172 000	5 198 000
Total Retained Equity	661 000	578 000	479 000	383 000
Total Equity	691 000	608 000	509 000	413 000
Total Long-Term Debt	3 063 000	3 285 000	3 509 000	3 623 000
Total Current Debt	1 152 000	1 159 000	1 154 000	1 162 000
Total Equity and Debt	4 906 000	5 052 000	5 172 000	5 198 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	545 000	545 000	545 000	595 000
Other Income	0	0	0	0
Revenue	545 000	545 000	545 000	595 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	122 000	122 000	120 000	120 000
Impairment	0	0	0	0
Expenditure	252 000	258 000	246 000	238 000
Operating Profit	293 000	287 000	299 000	357 000
Financial Income	0	0	0	0
Financial Costs	184 000	160 000	175 000	206 000
Financial Balance	−184 000	−160 000	−175 000	−206 000
Dividends	0	0	0	0
Net Income	82 000	99 000	96 000	118 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 835 000	4 957 000	5 062 000	5 182 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 835 000	4 957 000	5 062 000	5 182 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 835 000	4 957 000	5 062 000	5 182 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	65 000	92 000	110 000	15 000
Total Current Assets	70 000	96 000	110 000	15 000
Total Assets	4 906 000	5 052 000	5 172 000	5 198 000
Total Equity	691 000	608 000	509 000	413 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 063 000	3 285 000	3 509 000	3 623 000
Creditors	1 000	0	0	0
Unpaid Taxes	17 000	17 000	17 000	17 000
Dividends	0	0	0	0
Other Current Debt	1 107 000	1 111 000	1 107 000	1 110 000
Total Current Debt	1 152 000	1 159 000	1 154 000	1 162 000
Total Equity and Debt	4 906 000	5 052 000	5 172 000	5 198 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,87 %	16,28 %	18,86 %	28,57 %
Debt-to-Equity Ratio	4,43	5,4	6,89	8,77
Operating Profit Margin	53,76 %	52,66 %	54,86 %	60 %
Current Ratio	0,06	0,08	0,1	0,01
Quick Ratio	0,06	0,08	0,1	0,01
Equity Ratio	0,14	0,12	0,1	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %