SAGA SOLUTION AS

9511 ALTA

Finances

Share Ownership

Return on Equity

56,67 %

Current Ratio

0,54

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 000	52 000	51 000	23 000
Net Income	−17 000	14 000	−12 000	−40 000
Total Assets	48 000	63 000	44 000	34 000
Total Equity	−30 000	−13 000	−27 000	−16 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 000	52 000	51 000	23 000
Expenditure	58 000	38 000	63 000	64 000
Operating Profit	−17 000	14 000	−12 000	−40 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−17 000	14 000	−12 000	−40 000
Tax	0	0	0	0
Net Income	−17 000	14 000	−12 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	11 000	16 000	0
Total Current Assets	42 000	53 000	28 000	34 000
Total Assets	48 000	63 000	44 000	34 000
Total Retained Equity	−54 000	−38 000	−52 000	−40 000
Total Equity	−30 000	−13 000	−27 000	−16 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	78 000	77 000	71 000	50 000
Total Equity and Debt	48 000	63 000	44 000	34 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 000	52 000	51 000	23 000
Other Income	0	0	0	0
Revenue	42 000	52 000	51 000	23 000
Cost of Goods Sold	35 000	27 000	55 000	22 000
Salary Costs	0	0	0	0
Depreciation	5 000	5 000	5 000	0
Impairment	0	0	0	0
Expenditure	58 000	38 000	63 000	64 000
Operating Profit	−17 000	14 000	−12 000	−40 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−17 000	14 000	−12 000	−40 000

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	0	0	0	0
Fixtures	5 000	11 000	16 000	0
Total Tangible Assets	5 000	11 000	16 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	11 000	16 000	0
Stock	1 000	1 000	2 000	14 000
Total Investments	0	0	0	0
Cash, Bank	27 000	12 000	12 000	21 000
Total Current Assets	42 000	53 000	28 000	34 000
Total Assets	48 000	63 000	44 000	34 000
Total Equity	−30 000	−13 000	−27 000	−16 000
Short-Term Group Debt	70 000	70 000	70 000	50 000
Total Long-Term Debt	0	0	0	0
Creditors	5 000	2 000	1 000	0
Unpaid Taxes	2 000	5 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	78 000	77 000	71 000	50 000
Total Equity and Debt	48 000	63 000	44 000	34 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,67 %	−107,69 %	44,44 %	250 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−40,48 %	26,92 %	−23,53 %	−173,91 %
Current Ratio	0,54	0,69	0,39	0,68
Quick Ratio	0,55	0,7	0,41	0,94
Equity Ratio	−0,63	−0,21	−0,61	−0,47
Gross Profit Margin	16,67 %	48,08 %	−7,84 %	4,35 %