SETESDAL LASER AS

4741 BYGLANDSFJORD

Finances

Share Ownership

Return on Equity

62,16 %

Current Ratio

Debt-to-Equity Ratio

−4,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	66 000	128 000	118 000	74 000
Net Income	−23 000	29 000	17 000	−1 000
Total Assets	171 000	167 000	134 000	192 000
Total Equity	−37 000	−14 000	−43 000	−60 000

Income (NOK)	2022	2021	2020	2019
Revenue	66 000	128 000	118 000	74 000
Expenditure	87 000	98 000	102 000	76 000
Operating Profit	−21 000	30 000	17 000	−1 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	−21 000	29 000	17 000	−1 000
Tax	1 000	0	0	0
Net Income	−23 000	29 000	17 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	−13 000	−2 000	13 000	41 000
Total Current Assets	184 000	169 000	121 000	152 000
Total Assets	171 000	167 000	134 000	192 000
Total Retained Equity	−67 000	−44 000	−73 000	−90 000
Total Equity	−37 000	−14 000	−43 000	−60 000
Total Long-Term Debt	162 000	144 000	153 000	225 000
Total Current Debt	46 000	36 000	24 000	27 000
Total Equity and Debt	171 000	167 000	134 000	192 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	66 000	128 000	118 000	68 000
Other Income	0	0	0	5 000
Revenue	66 000	128 000	118 000	74 000
Cost of Goods Sold	15 000	49 000	16 000	−6 000
Salary Costs	10 000	0	0	0
Depreciation	11 000	15 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	87 000	98 000	102 000	76 000
Operating Profit	−21 000	30 000	17 000	−1 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	−23 000	29 000	17 000	−1 000

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	−13 000	−2 000	13 000	41 000
Fixtures	0	0	0	0
Total Tangible Assets	−13 000	−2 000	13 000	41 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	−13 000	−2 000	13 000	41 000
Stock	71 000	73 000	83 000	93 000
Total Investments	0	0	0	0
Cash, Bank	112 000	94 000	63 000	57 000
Total Current Assets	184 000	169 000	121 000	152 000
Total Assets	171 000	167 000	134 000	192 000
Total Equity	−37 000	−14 000	−43 000	−60 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	162 000	144 000	153 000	225 000
Creditors	1 000	1 000	1 000	0
Unpaid Taxes	6 000	8 000	7 000	9 000
Dividends	0	0	0	0
Other Current Debt	38 000	27 000	15 000	17 000
Total Current Debt	46 000	36 000	24 000	27 000
Total Equity and Debt	171 000	167 000	134 000	192 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,16 %	−207,14 %	−39,53 %	1,67 %
Debt-to-Equity Ratio	−4,38	−10,29	−3,56	−3,75
Operating Profit Margin	−31,82 %	23,44 %	14,41 %	−1,35 %
Current Ratio	4	4,69	5,04	5,63
Quick Ratio	−7,36	−4,57	−2,05	−2,3
Equity Ratio	−0,22	−0,08	−0,32	−0,31
Gross Profit Margin	77,27 %	61,72 %	86,44 %	108,11 %