SARGEN AS

0287 OSLO

Finances

Share Ownership

Return on Equity

27,37 %

Current Ratio

0,52

Debt-to-Equity Ratio

−2,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 000	33 000	51 000	0
Net Income	−933 000	−1 053 000	−868 000	−605 000
Total Assets	3 899 000	4 501 000	5 324 000	5 584 000
Total Equity	−3 409 000	−2 496 000	−1 443 000	−575 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 000	33 000	51 000	0
Expenditure	828 000	958 000	783 000	515 000
Operating Profit	−771 000	−925 000	−731 000	−515 000
Financial Income	0	0	0	0
Financial Costs	162 000	129 000	136 000	89 000
Financial Balance	−162 000	−129 000	−136 000	−89 000
Earnings Before Tax	−933 000	−1 053 000	−868 000	−605 000
Tax	0	0	0	0
Net Income	−933 000	−1 053 000	−868 000	−605 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 808 000	4 435 000	5 084 000	5 462 000
Total Current Assets	91 000	66 000	240 000	122 000
Total Assets	3 899 000	4 501 000	5 324 000	5 584 000
Total Retained Equity	−3 439 000	−2 526 000	−1 473 000	−605 000
Total Equity	−3 409 000	−2 496 000	−1 443 000	−575 000
Total Long-Term Debt	7 132 000	6 939 000	6 524 000	6 089 000
Total Current Debt	176 000	58 000	242 000	70 000
Total Equity and Debt	3 899 000	4 501 000	5 324 000	5 584 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 000	33 000	51 000	0
Other Income	36 000	0	0	0
Revenue	58 000	33 000	51 000	0
Cost of Goods Sold	0	0	5 000	12 000
Salary Costs	0	0	0	0
Depreciation	614 000	648 000	591 000	358 000
Impairment	0	0	0	0
Expenditure	828 000	958 000	783 000	515 000
Operating Profit	−771 000	−925 000	−731 000	−515 000
Financial Income	0	0	0	0
Financial Costs	162 000	129 000	136 000	89 000
Financial Balance	−162 000	−129 000	−136 000	−89 000
Dividends	0	0	0	0
Net Income	−933 000	−1 053 000	−868 000	−605 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	102 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	133 000	83 000	258 000	62 000
Total Tangible Assets	3 808 000	4 334 000	5 084 000	5 462 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 808 000	4 435 000	5 084 000	5 462 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	49 000	25 000	213 000	122 000
Total Current Assets	91 000	66 000	240 000	122 000
Total Assets	3 899 000	4 501 000	5 324 000	5 584 000
Total Equity	−3 409 000	−2 496 000	−1 443 000	−575 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 132 000	6 939 000	6 524 000	6 089 000
Creditors	176 000	58 000	242 000	70 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	176 000	58 000	242 000	70 000
Total Equity and Debt	3 899 000	4 501 000	5 324 000	5 584 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,37 %	42,19 %	60,15 %	105,22 %
Debt-to-Equity Ratio	−2,09	−2,78	−4,52	−10,59
Operating Profit Margin	−1 329,31 %	−2 803,03 %	−1 433,33 %	-
Current Ratio	0,52	1,14	0,99	1,74
Quick Ratio	0,52	1,14	0,99	1,74
Equity Ratio	−0,87	−0,55	−0,27	−0,1
Gross Profit Margin	100 %	100 %	90,2 %	-