SÆTERNES EIENDOM AS

7900 RØRVIK

Finances

Share Ownership

Return on Equity

25,84 %

Current Ratio

Debt-to-Equity Ratio

−4,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	244 000	230 000	180 000	143 000
Net Income	−238 000	−198 000	−198 000	−159 000
Total Assets	3 770 000	3 854 000	3 845 000	3 946 000
Total Equity	−921 000	−684 000	−490 000	−293 000

Income (NOK)	2022	2021	2020	2019
Revenue	244 000	230 000	180 000	143 000
Expenditure	202 000	238 000	179 000	136 000
Operating Profit	43 000	−8 000	1 000	6 000
Financial Income	0	0	0	0
Financial Costs	280 000	190 000	194 000	165 000
Financial Balance	−280 000	−190 000	−194 000	−165 000
Earnings Before Tax	−238 000	−198 000	−193 000	−159 000
Tax	0	0	5 000	0
Net Income	−238 000	−198 000	−198 000	−159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 770 000	3 888 000	3 844 000	3 945 000
Total Current Assets	0	−34 000	1 000	0
Total Assets	3 770 000	3 854 000	3 845 000	3 946 000
Total Retained Equity	−971 000	−734 000	−540 000	−343 000
Total Equity	−921 000	−684 000	−490 000	−293 000
Total Long-Term Debt	3 719 000	3 802 000	3 901 000	3 976 000
Total Current Debt	973 000	736 000	434 000	262 000
Total Equity and Debt	3 770 000	3 854 000	3 845 000	3 946 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	244 000	230 000	180 000	143 000
Revenue	244 000	230 000	180 000	143 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	118 000	118 000	101 000	58 000
Impairment	0	0	0	0
Expenditure	202 000	238 000	179 000	136 000
Operating Profit	43 000	−8 000	1 000	6 000
Financial Income	0	0	0	0
Financial Costs	280 000	190 000	194 000	165 000
Financial Balance	−280 000	−190 000	−194 000	−165 000
Dividends	0	0	0	0
Net Income	−238 000	−198 000	−198 000	−159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 770 000	3 888 000	3 844 000	3 945 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 770 000	3 888 000	3 844 000	3 945 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 770 000	3 888 000	3 844 000	3 945 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	1 000	1 000	0
Total Current Assets	0	−34 000	1 000	0
Total Assets	3 770 000	3 854 000	3 845 000	3 946 000
Total Equity	−921 000	−684 000	−490 000	−293 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 719 000	3 802 000	3 901 000	3 976 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	973 000	736 000	429 000	262 000
Total Current Debt	973 000	736 000	434 000	262 000
Total Equity and Debt	3 770 000	3 854 000	3 845 000	3 946 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,84 %	28,95 %	40,41 %	54,27 %
Debt-to-Equity Ratio	−4,04	−5,56	−7,96	−13,57
Operating Profit Margin	17,62 %	−3,48 %	0,56 %	4,2 %
Current Ratio	0	−0,05	0	0
Quick Ratio	0	−0,05	0	0
Equity Ratio	−0,24	−0,18	−0,13	−0,07
Gross Profit Margin	100 %	100 %	100 %	100 %