SAGA CAVES AS

4055 SOLA

Finances

Share Ownership

Return on Equity

−61,06 %

Current Ratio

0,73

Debt-to-Equity Ratio

−1,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 046 000	793 000	380 000	323 000
Net Income	196 000	−367 000	−121 000	−59 000
Total Assets	392 000	386 000	349 000	120 000
Total Equity	−321 000	−517 000	−150 000	−29 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 046 000	793 000	380 000	323 000
Expenditure	773 000	1 249 000	529 000	392 000
Operating Profit	273 000	−456 000	−149 000	−69 000
Financial Income	0	0	0	0
Financial Costs	22 000	14 000	7 000	6 000
Financial Balance	−22 000	−14 000	−7 000	−6 000
Earnings Before Tax	251 000	−470 000	−155 000	−75 000
Tax	55 000	−103 000	−34 000	−17 000
Net Income	196 000	−367 000	−121 000	−59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	293 000	361 000	266 000	17 000
Total Current Assets	100 000	25 000	83 000	104 000
Total Assets	392 000	386 000	349 000	120 000
Total Retained Equity	−351 000	−547 000	−180 000	−59 000
Total Equity	−321 000	−517 000	−150 000	−29 000
Total Long-Term Debt	576 000	765 000	312 000	0
Total Current Debt	137 000	138 000	186 000	149 000
Total Equity and Debt	392 000	386 000	349 000	120 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 043 000	793 000	380 000	323 000
Other Income	3 000	0	0	0
Revenue	1 046 000	793 000	380 000	323 000
Cost of Goods Sold	10 000	2 000	0	0
Salary Costs	202 000	285 000	32 000	91 000
Depreciation	40 000	43 000	54 000	0
Impairment	0	0	0	0
Expenditure	773 000	1 249 000	529 000	392 000
Operating Profit	273 000	−456 000	−149 000	−69 000
Financial Income	0	0	0	0
Financial Costs	22 000	14 000	7 000	6 000
Financial Balance	−22 000	−14 000	−7 000	−6 000
Dividends	0	0	0	0
Net Income	196 000	−367 000	−121 000	−59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	99 000	154 000	51 000	17 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	159 000	172 000	215 000	0
Total Tangible Assets	159 000	172 000	215 000	0
Total Fiancial Fixed Assets	35 000	35 000	0	0
Total Fixed Assets	293 000	361 000	266 000	17 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	93 000	25 000	82 000	47 000
Total Current Assets	100 000	25 000	83 000	104 000
Total Assets	392 000	386 000	349 000	120 000
Total Equity	−321 000	−517 000	−150 000	−29 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	576 000	765 000	312 000	0
Creditors	83 000	65 000	28 000	12 000
Unpaid Taxes	28 000	24 000	4 000	4 000
Dividends	0	0	0	0
Other Current Debt	27 000	49 000	155 000	134 000
Total Current Debt	137 000	138 000	186 000	149 000
Total Equity and Debt	392 000	386 000	349 000	120 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−61,06 %	70,99 %	80,67 %	203,45 %
Debt-to-Equity Ratio	−1,79	−1,48	−2,08	−0
Operating Profit Margin	26,1 %	−57,5 %	−39,21 %	−21,36 %
Current Ratio	0,73	0,18	0,45	0,7
Quick Ratio	0,73	0,18	0,45	0,7
Equity Ratio	−0,82	−1,34	−0,43	−0,24
Gross Profit Margin	99,04 %	99,75 %	100 %	100 %