SATCON AS

7247 HESTVIKA

Finances

Return on Equity

14,33 %

Current Ratio

0,26

Debt-to-Equity Ratio

1,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 021 000	987 000	1 093 000	1 053 000
Net Income	49 000	164 000	45 000	143 000
Total Assets	1 052 000	1 276 000	1 192 000	1 351 000
Total Equity	342 000	329 000	356 000	311 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 021 000	987 000	1 093 000	1 053 000
Expenditure	984 000	619 000	1 031 000	1 015 000
Operating Profit	38 000	369 000	62 000	38 000
Financial Income	20 000	−49 000	7 000	125 000
Financial Costs	25 000	100 000	24 000	8 000
Financial Balance	−5 000	−149 000	−17 000	117 000
Earnings Before Tax	34 000	220 000	46 000	155 000
Tax	−16 000	57 000	1 000	12 000
Net Income	49 000	164 000	45 000	143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	981 000	1 021 000	825 000	917 000
Total Current Assets	71 000	255 000	367 000	433 000
Total Assets	1 052 000	1 276 000	1 192 000	1 351 000
Total Retained Equity	312 000	299 000	326 000	281 000
Total Equity	342 000	329 000	356 000	311 000
Total Long-Term Debt	398 000	474 000	533 000	601 000
Total Current Debt	275 000	473 000	303 000	439 000
Total Equity and Debt	1 015 000	1 276 000	1 192 000	1 351 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 021 000	987 000	1 093 000	1 103 000
Other Income	0	0	0	−50 000
Revenue	1 021 000	987 000	1 093 000	1 053 000
Cost of Goods Sold	9 000	6 000	0	1 000
Salary Costs	162 000	268 000	746 000	643 000
Depreciation	202 000	101 000	101 000	8 000
Impairment	0	0	0	0
Expenditure	984 000	619 000	1 031 000	1 015 000
Operating Profit	38 000	369 000	62 000	38 000
Financial Income	20 000	−49 000	7 000	125 000
Financial Costs	25 000	100 000	24 000	8 000
Financial Balance	−5 000	−149 000	−17 000	117 000
Dividends	0	190 000	0	0
Net Income	49 000	164 000	45 000	143 000

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	295 000	497 000	598 000	699 000
Total Tangible Assets	295 000	497 000	598 000	699 000
Total Fiancial Fixed Assets	686 000	524 000	227 000	219 000
Total Fixed Assets	981 000	1 021 000	825 000	917 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	126 000	20 000	78 000	71 000
Total Current Assets	71 000	255 000	367 000	433 000
Total Assets	1 052 000	1 276 000	1 192 000	1 351 000
Total Equity	342 000	329 000	356 000	311 000
Short-Term Group Debt	0	40 000	0	0
Total Long-Term Debt	398 000	474 000	533 000	601 000
Creditors	17 000	18 000	17 000	24 000
Unpaid Taxes	48 000	98 000	116 000	180 000
Dividends	0	190 000	0	0
Other Current Debt	178 000	27 000	112 000	223 000
Total Current Debt	275 000	473 000	303 000	439 000
Total Equity and Debt	1 015 000	1 276 000	1 192 000	1 351 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,33 %	49,85 %	12,64 %	45,98 %
Debt-to-Equity Ratio	1,16	1,44	1,5	1,93
Operating Profit Margin	3,72 %	37,39 %	5,67 %	3,61 %
Current Ratio	0,26	0,54	1,21	0,99
Quick Ratio	0,26	0,54	1,21	0,99
Equity Ratio	0,33	0,26	0,3	0,23
Gross Profit Margin	99,12 %	99,39 %	100 %	99,91 %