SÆTRE HAVN UTVIKLING 2 AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

−4,35 %

Current Ratio

1,16

Debt-to-Equity Ratio

1,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	75 056 000	189 254 000	0
Net Income	−91 000	3 643 000	13 478 000	−49 000
Total Assets	6 399 000	17 750 000	68 477 000	74 112 000
Total Equity	2 093 000	184 000	792 000	2 404 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	75 056 000	189 254 000	0
Expenditure	116 000	70 384 000	171 975 000	375 000
Operating Profit	−116 000	4 671 000	17 280 000	−375 000
Financial Income	0	0	0	321 000
Financial Costs	0	0	0	3 000
Financial Balance	0	0	0	318 000
Earnings Before Tax	−116 000	4 671 000	17 280 000	−56 000
Tax	−26 000	1 028 000	3 802 000	−7 000
Net Income	−91 000	3 643 000	13 478 000	−49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 033 000	4 383 000	20 808 000	7 335 000
Total Current Assets	2 366 000	13 367 000	47 669 000	66 777 000
Total Assets	6 399 000	17 750 000	68 477 000	74 112 000
Total Retained Equity	0	0	291 000	787 000
Total Equity	2 093 000	184 000	792 000	2 404 000
Total Long-Term Debt	2 273 000	2 187 000	28 893 000	50 877 000
Total Current Debt	2 032 000	15 378 000	38 792 000	20 832 000
Total Equity and Debt	6 399 000	17 750 000	68 477 000	74 112 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	75 056 000	189 254 000	0
Other Income	0	0	0	0
Revenue	0	75 056 000	189 254 000	0
Cost of Goods Sold	0	70 153 000	171 686 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	116 000	70 384 000	171 975 000	375 000
Operating Profit	−116 000	4 671 000	17 280 000	−375 000
Financial Income	0	0	0	321 000
Financial Costs	0	0	0	3 000
Financial Balance	0	0	0	318 000
Dividends	0	0	0	0
Net Income	−91 000	3 643 000	13 478 000	−49 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 034 000	1 009 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 999 000	3 374 000	20 808 000	7 335 000
Total Fixed Assets	4 033 000	4 383 000	20 808 000	7 335 000
Stock	0	0	35 460 000	62 893 000
Total Investments	0	0	0	0
Cash, Bank	339 000	473 000	8 001 000	129 000
Total Current Assets	2 366 000	13 367 000	47 669 000	66 777 000
Total Assets	6 399 000	17 750 000	68 477 000	74 112 000
Total Equity	2 093 000	184 000	792 000	2 404 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 273 000	2 187 000	28 893 000	50 877 000
Creditors	18 000	1 514 000	5 733 000	2 097 000
Unpaid Taxes	1 000	21 000	372 000	0
Dividends	0	0	0	0
Other Current Debt	2 014 000	13 842 000	32 688 000	18 735 000
Total Current Debt	2 032 000	15 378 000	38 792 000	20 832 000
Total Equity and Debt	6 399 000	17 750 000	68 477 000	74 112 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,35 %	1 979,89 %	1 701,77 %	−2,04 %
Debt-to-Equity Ratio	1,09	11,89	36,48	21,16
Operating Profit Margin	-	6,22 %	9,13 %	-
Current Ratio	1,16	0,87	1,23	3,21
Quick Ratio	1,16	0,87	14,31	−1,59
Equity Ratio	0,33	0,01	0,01	0,03
Gross Profit Margin	-	6,53 %	9,28 %	-