SAGE-SOLMUNDSSON AS

5355 KNARREVIK

Finances

Share Ownership

Return on Equity

33,1 %

Current Ratio

0,09

Debt-to-Equity Ratio

12,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 539 000	1 335 000	1 210 000	314 000
Net Income	373 000	269 000	339 000	128 000
Total Assets	15 869 000	16 153 000	16 592 000	15 008 000
Total Equity	1 127 000	753 000	484 000	145 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 539 000	1 335 000	1 210 000	314 000
Expenditure	718 000	753 000	466 000	100 000
Operating Profit	821 000	582 000	744 000	215 000
Financial Income	0	0	0	0
Financial Costs	342 000	235 000	308 000	55 000
Financial Balance	−342 000	−235 000	−308 000	−55 000
Earnings Before Tax	479 000	347 000	436 000	161 000
Tax	105 000	78 000	97 000	33 000
Net Income	373 000	269 000	339 000	128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 788 000	16 122 000	16 282 000	12 239 000
Total Current Assets	81 000	31 000	310 000	2 770 000
Total Assets	15 869 000	16 153 000	16 592 000	15 008 000
Total Retained Equity	1 110 000	736 000	467 000	128 000
Total Equity	1 127 000	753 000	484 000	145 000
Total Long-Term Debt	13 811 000	14 543 000	15 284 000	10 224 000
Total Current Debt	931 000	856 000	823 000	4 638 000
Total Equity and Debt	15 869 000	16 153 000	16 592 000	15 008 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 539 000	1 335 000	1 210 000	314 000
Revenue	1 539 000	1 335 000	1 210 000	314 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	350 000	345 000	271 000	62 000
Impairment	0	0	0	0
Expenditure	718 000	753 000	466 000	100 000
Operating Profit	821 000	582 000	744 000	215 000
Financial Income	0	0	0	0
Financial Costs	342 000	235 000	308 000	55 000
Financial Balance	−342 000	−235 000	−308 000	−55 000
Dividends	0	0	0	0
Net Income	373 000	269 000	339 000	128 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 725 000	16 060 000	16 254 000	12 239 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	62 000	62 000	28 000	0
Total Tangible Assets	15 788 000	16 122 000	16 282 000	12 239 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 788 000	16 122 000	16 282 000	12 239 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	80 000	29 000	141 000	2 761 000
Total Current Assets	81 000	31 000	310 000	2 770 000
Total Assets	15 869 000	16 153 000	16 592 000	15 008 000
Total Equity	1 127 000	753 000	484 000	145 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 811 000	14 543 000	15 284 000	10 224 000
Creditors	1 000	23 000	26 000	4 605 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	802 000	735 000	722 000	33 000
Total Current Debt	931 000	856 000	823 000	4 638 000
Total Equity and Debt	15 869 000	16 153 000	16 592 000	15 008 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,1 %	35,72 %	70,04 %	88,28 %
Debt-to-Equity Ratio	12,25	19,31	31,58	70,51
Operating Profit Margin	53,35 %	43,6 %	61,49 %	68,47 %
Current Ratio	0,09	0,04	0,38	0,6
Quick Ratio	0,09	0,04	0,38	0,6
Equity Ratio	0,07	0,05	0,03	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %