SAGA APARTMENTS AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

37,96 %

Current Ratio

7,24

Debt-to-Equity Ratio

27,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 180 000	1 126 000	1 100 000	1 100 000
Net Income	175 000	179 000	−293 000	−373 000
Total Assets	13 395 000	13 435 000	14 280 000	15 650 000
Total Equity	461 000	285 000	106 000	195 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 180 000	1 126 000	1 100 000	1 100 000
Expenditure	448 000	464 000	983 000	1 035 000
Operating Profit	732 000	662 000	117 000	65 000
Financial Income	0	3 000	0	1 000
Financial Costs	509 000	450 000	478 000	543 000
Financial Balance	−509 000	−447 000	−478 000	−542 000
Earnings Before Tax	223 000	215 000	−361 000	−478 000
Tax	48 000	35 000	−68 000	−105 000
Net Income	175 000	179 000	−293 000	−373 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 693 000	13 059 000	13 425 000	14 222 000
Total Current Assets	702 000	376 000	854 000	1 428 000
Total Assets	13 395 000	13 435 000	14 280 000	15 650 000
Total Retained Equity	−311 000	−487 000	−666 000	−373 000
Total Equity	461 000	285 000	106 000	195 000
Total Long-Term Debt	12 837 000	13 065 000	14 030 000	14 795 000
Total Current Debt	97 000	85 000	143 000	660 000
Total Equity and Debt	13 395 000	13 435 000	14 280 000	15 650 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 180 000	1 126 000	1 100 000	1 100 000
Revenue	1 180 000	1 126 000	1 100 000	1 100 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	366 000	366 000	797 000	524 000
Impairment	0	0	0	0
Expenditure	448 000	464 000	983 000	1 035 000
Operating Profit	732 000	662 000	117 000	65 000
Financial Income	0	3 000	0	1 000
Financial Costs	509 000	450 000	478 000	543 000
Financial Balance	−509 000	−447 000	−478 000	−542 000
Dividends	0	0	0	0
Net Income	175 000	179 000	−293 000	−373 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 581 000	12 868 000	13 155 000	13 873 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	112 000	191 000	270 000	349 000
Total Tangible Assets	12 693 000	13 059 000	13 425 000	14 222 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 693 000	13 059 000	13 425 000	14 222 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	434 000	357 000	591 000	634 000
Total Current Assets	702 000	376 000	854 000	1 428 000
Total Assets	13 395 000	13 435 000	14 280 000	15 650 000
Total Equity	461 000	285 000	106 000	195 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 837 000	13 065 000	14 030 000	14 795 000
Creditors	0	18 000	77 000	608 000
Unpaid Taxes	50 000	43 000	44 000	0
Dividends	0	0	0	0
Other Current Debt	39 000	24 000	22 000	51 000
Total Current Debt	97 000	85 000	143 000	660 000
Total Equity and Debt	13 395 000	13 435 000	14 280 000	15 650 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,96 %	62,81 %	−276,42 %	−191,28 %
Debt-to-Equity Ratio	27,85	45,84	132,36	75,87
Operating Profit Margin	62,03 %	58,79 %	10,64 %	5,91 %
Current Ratio	7,24	4,42	5,97	2,16
Quick Ratio	7,24	4,42	5,97	2,16
Equity Ratio	0,03	0,02	0,01	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %