SAGO SOLUTIONS AS

5410 SAGVÅG

Finances

Share Ownership

Return on Equity

8,52 %

Current Ratio

1,5

Debt-to-Equity Ratio

−1,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 385 000	584 000	2 652 000	259 000
Net Income	−140 000	−467 000	699 000	28 000
Total Assets	1 697 000	2 063 000	2 533 000	1 084 000
Total Equity	−1 643 000	−1 503 000	−1 035 000	−1 734 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 385 000	584 000	2 652 000	259 000
Expenditure	1 501 000	1 029 000	1 926 000	202 000
Operating Profit	−116 000	−444 000	726 000	57 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	25 000	24 000	28 000	29 000
Financial Balance	−24 000	−23 000	−27 000	−29 000
Earnings Before Tax	−140 000	−467 000	699 000	28 000
Tax	0	0	0	0
Net Income	−140 000	−467 000	699 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	391 000	424 000	457 000	490 000
Total Current Assets	1 305 000	1 639 000	2 077 000	594 000
Total Assets	1 697 000	2 063 000	2 533 000	1 084 000
Total Retained Equity	−1 693 000	−1 553 000	−1 085 000	−1 784 000
Total Equity	−1 643 000	−1 503 000	−1 035 000	−1 734 000
Total Long-Term Debt	2 468 000	2 593 000	2 723 000	2 696 000
Total Current Debt	871 000	972 000	846 000	123 000
Total Equity and Debt	1 697 000	2 063 000	2 533 000	1 084 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 385 000	584 000	2 652 000	259 000
Other Income	0	0	0	0
Revenue	1 385 000	584 000	2 652 000	259 000
Cost of Goods Sold	20 000	11 000	1 531 000	306 000
Salary Costs	1 349 000	876 000	270 000	523 000
Depreciation	33 000	33 000	33 000	0
Impairment	0	0	0	0
Expenditure	1 501 000	1 029 000	1 926 000	202 000
Operating Profit	−116 000	−444 000	726 000	57 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	25 000	24 000	28 000	29 000
Financial Balance	−24 000	−23 000	−27 000	−29 000
Dividends	0	0	0	0
Net Income	−140 000	−467 000	699 000	28 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	391 000	424 000	457 000	489 000
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	0	0	0	1 000
Total Fixed Assets	391 000	424 000	457 000	490 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	385 000	814 000	516 000
Total Current Assets	1 305 000	1 639 000	2 077 000	594 000
Total Assets	1 697 000	2 063 000	2 533 000	1 084 000
Total Equity	−1 643 000	−1 503 000	−1 035 000	−1 734 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 468 000	2 593 000	2 723 000	2 696 000
Creditors	710 000	708 000	723 000	3 000
Unpaid Taxes	8 000	153 000	28 000	44 000
Dividends	0	0	0	0
Other Current Debt	152 000	110 000	94 000	75 000
Total Current Debt	871 000	972 000	846 000	123 000
Total Equity and Debt	1 697 000	2 063 000	2 533 000	1 084 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,52 %	31,07 %	−67,54 %	−1,61 %
Debt-to-Equity Ratio	−1,5	−1,73	−2,63	−1,55
Operating Profit Margin	−8,38 %	−76,03 %	27,38 %	22,01 %
Current Ratio	1,5	1,69	2,46	4,83
Quick Ratio	1,5	1,69	2,46	4,83
Equity Ratio	−0,97	−0,73	−0,41	−1,6
Gross Profit Margin	98,56 %	98,12 %	42,27 %	−18,15 %