M. SÆTHER AS

2840 REINSVOLL

Finances

Return on Equity

19,77 %

Current Ratio

3,54

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	606 000	577 000	572 000	563 000
Net Income	244 000	206 000	184 000	376 000
Total Assets	1 534 000	1 355 000	1 447 000	1 552 000
Total Equity	1 234 000	989 000	783 000	600 000

Income (NOK)	2022	2021	2020	2019
Revenue	606 000	577 000	572 000	563 000
Expenditure	275 000	278 000	286 000	264 000
Operating Profit	331 000	299 000	287 000	300 000
Financial Income	0	0	0	200 000
Financial Costs	1 000	13 000	31 000	55 000
Financial Balance	−1 000	−13 000	−31 000	145 000
Earnings Before Tax	330 000	286 000	256 000	445 000
Tax	85 000	80 000	72 000	69 000
Net Income	244 000	206 000	184 000	376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 133 000	1 251 000	1 392 000	1 532 000
Total Current Assets	400 000	104 000	55 000	20 000
Total Assets	1 534 000	1 355 000	1 447 000	1 552 000
Total Retained Equity	1 138 000	893 000	687 000	504 000
Total Equity	1 234 000	989 000	783 000	600 000
Total Long-Term Debt	187 000	260 000	568 000	859 000
Total Current Debt	113 000	106 000	96 000	94 000
Total Equity and Debt	1 534 000	1 355 000	1 447 000	1 552 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	606 000	577 000	572 000	563 000
Revenue	606 000	577 000	572 000	563 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	118 000	141 000	141 000	141 000
Impairment	0	0	0	0
Expenditure	275 000	278 000	286 000	264 000
Operating Profit	331 000	299 000	287 000	300 000
Financial Income	0	0	0	200 000
Financial Costs	1 000	13 000	31 000	55 000
Financial Balance	−1 000	−13 000	−31 000	145 000
Dividends	0	0	0	0
Net Income	244 000	206 000	184 000	376 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	433 000	551 000	692 000	832 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	433 000	551 000	692 000	832 000
Total Fiancial Fixed Assets	700 000	700 000	700 000	700 000
Total Fixed Assets	1 133 000	1 251 000	1 392 000	1 532 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	400 000	104 000	55 000	20 000
Total Current Assets	400 000	104 000	55 000	20 000
Total Assets	1 534 000	1 355 000	1 447 000	1 552 000
Total Equity	1 234 000	989 000	783 000	600 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	187 000	260 000	568 000	859 000
Creditors	3 000	0	0	2 000
Unpaid Taxes	24 000	23 000	23 000	23 000
Dividends	0	0	0	0
Other Current Debt	0	3 000	0	0
Total Current Debt	113 000	106 000	96 000	94 000
Total Equity and Debt	1 534 000	1 355 000	1 447 000	1 552 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,77 %	20,83 %	23,5 %	62,67 %
Debt-to-Equity Ratio	0,15	0,26	0,73	1,43
Operating Profit Margin	54,62 %	51,82 %	50,17 %	53,29 %
Current Ratio	3,54	0,98	0,57	0,21
Quick Ratio	3,54	0,98	0,57	0,21
Equity Ratio	0,8	0,73	0,54	0,39
Gross Profit Margin	100 %	100 %	100 %	100 %