SETRA DRIFT AS

6652 SURNADAL

Finances

Share Ownership

Return on Equity

33,88 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 325 000	30 758 000	34 077 000	17 357 000
Net Income	1 116 000	2 435 000	2 301 000	1 134 000
Total Assets	13 991 000	11 157 000	9 936 000	5 202 000
Total Equity	3 294 000	2 978 000	2 044 000	1 243 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 325 000	30 758 000	34 077 000	17 357 000
Expenditure	38 782 000	27 537 000	31 104 000	15 903 000
Operating Profit	1 543 000	3 220 000	2 973 000	1 455 000
Financial Income	4 000	0	8 000	5 000
Financial Costs	115 000	100 000	30 000	6 000
Financial Balance	−111 000	−100 000	−22 000	−1 000
Earnings Before Tax	1 432 000	3 121 000	2 951 000	1 454 000
Tax	316 000	687 000	649 000	320 000
Net Income	1 116 000	2 435 000	2 301 000	1 134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 592 000	4 189 000	3 331 000	755 000
Total Current Assets	10 400 000	6 969 000	6 605 000	4 447 000
Total Assets	13 991 000	11 157 000	9 936 000	5 202 000
Total Retained Equity	2 794 000	2 478 000	1 544 000	742 000
Total Equity	3 294 000	2 978 000	2 044 000	1 243 000
Total Long-Term Debt	2 117 000	3 064 000	2 603 000	492 000
Total Current Debt	8 580 000	5 115 000	5 289 000	3 467 000
Total Equity and Debt	13 991 000	11 157 000	9 936 000	5 202 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 113 000	30 647 000	34 058 000	17 357 000
Other Income	213 000	111 000	19 000	0
Revenue	40 325 000	30 758 000	34 077 000	17 357 000
Cost of Goods Sold	27 064 000	15 999 000	21 927 000	9 558 000
Salary Costs	8 177 000	7 671 000	6 403 000	4 498 000
Depreciation	1 287 000	902 000	370 000	154 000
Impairment	0	0	0	0
Expenditure	38 782 000	27 537 000	31 104 000	15 903 000
Operating Profit	1 543 000	3 220 000	2 973 000	1 455 000
Financial Income	4 000	0	8 000	5 000
Financial Costs	115 000	100 000	30 000	6 000
Financial Balance	−111 000	−100 000	−22 000	−1 000
Dividends	800 000	1 500 000	1 500 000	550 000
Net Income	1 116 000	2 435 000	2 301 000	1 134 000

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	1 170 000	689 000	873 000	34 000
Fixtures	2 422 000	3 480 000	2 458 000	721 000
Total Tangible Assets	3 592 000	4 169 000	3 331 000	755 000
Total Fiancial Fixed Assets	0	20 000	0	0
Total Fixed Assets	3 592 000	4 189 000	3 331 000	755 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 349 000	2 635 000	1 952 000	1 630 000
Total Current Assets	10 400 000	6 969 000	6 605 000	4 447 000
Total Assets	13 991 000	11 157 000	9 936 000	5 202 000
Total Equity	3 294 000	2 978 000	2 044 000	1 243 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 117 000	3 064 000	2 603 000	492 000
Creditors	4 961 000	776 000	2 152 000	1 055 000
Unpaid Taxes	1 602 000	1 333 000	385 000	1 095 000
Dividends	800 000	1 500 000	1 500 000	550 000
Other Current Debt	848 000	826 000	681 000	465 000
Total Current Debt	8 580 000	5 115 000	5 289 000	3 467 000
Total Equity and Debt	13 991 000	11 157 000	9 936 000	5 202 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,88 %	81,77 %	112,57 %	91,23 %
Debt-to-Equity Ratio	0,64	1,03	1,27	0,4
Operating Profit Margin	3,83 %	10,47 %	8,72 %	8,38 %
Current Ratio	1,21	1,36	1,25	1,28
Quick Ratio	1,21	1,36	1,25	1,28
Equity Ratio	0,24	0,27	0,21	0,24
Gross Profit Margin	32,89 %	47,98 %	35,65 %	44,93 %