SÆTERN INVEST AS

8762 SLENESET

Finances

Return on Equity

60,67 %

Current Ratio

0,51

Debt-to-Equity Ratio

0,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	540 000	180 000	0	0
Net Income	486 000	197 000	−10 000	−14 000
Total Assets	1 268 000	942 000	65 000	80 000
Total Equity	801 000	315 000	17 000	27 000

Income (NOK)	2022	2021	2020	2019
Revenue	540 000	180 000	0	0
Expenditure	273 000	96 000	10 000	14 000
Operating Profit	267 000	84 000	−10 000	−14 000
Financial Income	300 000	140 000	0	0
Financial Costs	26 000	20 000	0	0
Financial Balance	274 000	120 000	0	0
Earnings Before Tax	541 000	204 000	−10 000	−14 000
Tax	55 000	7 000	0	0
Net Income	486 000	197 000	−10 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 221 000	840 000	65 000	65 000
Total Current Assets	47 000	102 000	0	15 000
Total Assets	1 268 000	942 000	65 000	80 000
Total Retained Equity	651 000	165 000	−33 000	−23 000
Total Equity	801 000	315 000	17 000	27 000
Total Long-Term Debt	374 000	604 000	48 000	53 000
Total Current Debt	93 000	24 000	0	0
Total Equity and Debt	1 268 000	942 000	65 000	80 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	540 000	180 000	0	0
Revenue	540 000	180 000	0	0
Cost of Goods Sold	240 000	80 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	273 000	96 000	10 000	14 000
Operating Profit	267 000	84 000	−10 000	−14 000
Financial Income	300 000	140 000	0	0
Financial Costs	26 000	20 000	0	0
Financial Balance	274 000	120 000	0	0
Dividends	0	0	0	0
Net Income	486 000	197 000	−10 000	−14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	381 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	381 000	0	0	0
Total Fiancial Fixed Assets	840 000	840 000	65 000	65 000
Total Fixed Assets	1 221 000	840 000	65 000	65 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	45 000	102 000	0	15 000
Total Current Assets	47 000	102 000	0	15 000
Total Assets	1 268 000	942 000	65 000	80 000
Total Equity	801 000	315 000	17 000	27 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	374 000	604 000	48 000	53 000
Creditors	25 000	0	0	0
Unpaid Taxes	0	12 000	0	0
Dividends	0	0	0	0
Other Current Debt	13 000	4 000	0	0
Total Current Debt	93 000	24 000	0	0
Total Equity and Debt	1 268 000	942 000	65 000	80 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,67 %	62,54 %	−58,82 %	−51,85 %
Debt-to-Equity Ratio	0,47	1,92	2,82	1,96
Operating Profit Margin	49,44 %	46,67 %	-	-
Current Ratio	0,51	4,25	-	-
Quick Ratio	0,51	4,25	-	-
Equity Ratio	0,63	0,33	0,26	0,34
Gross Profit Margin	55,56 %	55,56 %	-	-