E. SÆTHER AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

39,77 %

Current Ratio

2,16

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	326 155 000	296 689 000	200 683 000	117 514 000
Net Income	9 345 000	7 675 000	5 820 000	−1 393 000
Total Assets	65 564 000	88 958 000	74 439 000	28 759 000
Total Equity	23 500 000	14 155 000	6 480 000	660 000

Income (NOK)	2022	2021	2020	2019
Revenue	326 155 000	296 689 000	200 683 000	117 514 000
Expenditure	313 339 000	285 487 000	191 826 000	118 149 000
Operating Profit	12 817 000	11 201 000	8 857 000	−635 000
Financial Income	877 000	452 000	177 000	−74 000
Financial Costs	1 393 000	1 571 000	1 431 000	717 000
Financial Balance	−516 000	−1 119 000	−1 254 000	−791 000
Earnings Before Tax	12 301 000	10 082 000	7 602 000	−1 426 000
Tax	2 956 000	2 407 000	1 782 000	−32 000
Net Income	9 345 000	7 675 000	5 820 000	−1 393 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 049 000	20 619 000	34 840 000	3 054 000
Total Current Assets	58 515 000	68 338 000	39 599 000	25 704 000
Total Assets	65 564 000	88 958 000	74 439 000	28 759 000
Total Retained Equity	23 000 000	13 655 000	5 980 000	160 000
Total Equity	23 500 000	14 155 000	6 480 000	660 000
Total Long-Term Debt	14 922 000	0	125 000	5 029 000
Total Current Debt	27 142 000	74 803 000	67 834 000	23 070 000
Total Equity and Debt	65 564 000	88 958 000	74 439 000	28 759 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	295 953 000	276 396 000	199 935 000	110 764 000
Other Income	30 203 000	20 292 000	749 000	6 750 000
Revenue	326 155 000	296 689 000	200 683 000	117 514 000
Cost of Goods Sold	174 842 000	162 800 000	114 594 000	69 610 000
Salary Costs	44 980 000	30 256 000	23 011 000	16 095 000
Depreciation	5 122 000	3 207 000	1 907 000	361 000
Impairment	0	0	0	0
Expenditure	313 339 000	285 487 000	191 826 000	118 149 000
Operating Profit	12 817 000	11 201 000	8 857 000	−635 000
Financial Income	877 000	452 000	177 000	−74 000
Financial Costs	1 393 000	1 571 000	1 431 000	717 000
Financial Balance	−516 000	−1 119 000	−1 254 000	−791 000
Dividends	0	0	0	0
Net Income	9 345 000	7 675 000	5 820 000	−1 393 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	889 000	302 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 160 000	10 239 000	4 840 000	3 054 000
Total Tangible Assets	6 160 000	10 239 000	4 840 000	3 054 000
Total Fiancial Fixed Assets	0	10 078 000	30 000 000	0
Total Fixed Assets	7 049 000	20 619 000	34 840 000	3 054 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 114 000	29 335 000	10 144 000	4 510 000
Total Current Assets	58 515 000	68 338 000	39 599 000	25 704 000
Total Assets	65 564 000	88 958 000	74 439 000	28 759 000
Total Equity	23 500 000	14 155 000	6 480 000	660 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 922 000	0	125 000	5 029 000
Creditors	1 908 000	48 600 000	42 815 000	15 142 000
Unpaid Taxes	12 716 000	13 205 000	10 304 000	5 156 000
Dividends	0	0	0	0
Other Current Debt	8 976 000	10 164 000	13 058 000	2 772 000
Total Current Debt	27 142 000	74 803 000	67 834 000	23 070 000
Total Equity and Debt	65 564 000	88 958 000	74 439 000	28 759 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,77 %	54,22 %	89,81 %	−211,06 %
Debt-to-Equity Ratio	0,63	0	0,02	7,62
Operating Profit Margin	3,93 %	3,78 %	4,41 %	−0,54 %
Current Ratio	2,16	0,91	0,58	1,11
Quick Ratio	2,16	0,91	0,58	1,11
Equity Ratio	0,36	0,16	0,09	0,02
Gross Profit Margin	46,39 %	45,13 %	42,9 %	40,76 %