BRØDRENE SÆTHRE AS

8390 REINE

Finances

Share Ownership

Return on Equity

21,44 %

Current Ratio

2,33

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 981 000	13 174 000	12 914 000	11 112 000
Net Income	3 924 000	3 063 000	2 229 000	2 327 000
Total Assets	24 404 000	21 535 000	21 966 000	19 771 000
Total Equity	18 302 000	14 378 000	13 316 000	11 378 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 981 000	13 174 000	12 914 000	11 112 000
Expenditure	13 097 000	9 159 000	9 989 000	8 406 000
Operating Profit	4 884 000	4 015 000	2 925 000	2 706 000
Financial Income	244 000	46 000	97 000	113 000
Financial Costs	90 000	128 000	177 000	309 000
Financial Balance	154 000	−82 000	−80 000	−196 000
Earnings Before Tax	5 037 000	3 933 000	2 845 000	2 510 000
Tax	1 113 000	871 000	616 000	182 000
Net Income	3 924 000	3 063 000	2 229 000	2 327 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 062 000	14 286 000	14 461 000	13 296 000
Total Current Assets	10 342 000	7 249 000	7 505 000	6 475 000
Total Assets	24 404 000	21 535 000	21 966 000	19 771 000
Total Retained Equity	7 215 000	3 291 000	2 229 000	0
Total Equity	18 302 000	14 378 000	13 316 000	11 378 000
Total Long-Term Debt	1 659 000	4 466 000	6 248 000	7 021 000
Total Current Debt	4 442 000	2 691 000	2 403 000	1 373 000
Total Equity and Debt	24 404 000	21 535 000	21 966 000	19 771 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 981 000	13 174 000	12 878 000	10 921 000
Other Income	0	0	36 000	190 000
Revenue	17 981 000	13 174 000	12 914 000	11 112 000
Cost of Goods Sold	1 070 000	822 000	581 000	403 000
Salary Costs	9 013 000	6 242 000	6 092 000	5 369 000
Depreciation	507 000	442 000	420 000	454 000
Impairment	0	0	0	0
Expenditure	13 097 000	9 159 000	9 989 000	8 406 000
Operating Profit	4 884 000	4 015 000	2 925 000	2 706 000
Financial Income	244 000	46 000	97 000	113 000
Financial Costs	90 000	128 000	177 000	309 000
Financial Balance	154 000	−82 000	−80 000	−196 000
Dividends	0	0	0	0
Net Income	3 924 000	3 063 000	2 229 000	2 327 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 571 000	11 839 000	12 107 000	12 375 000
Real Eastate	0	0	0	260 000
Machinery and Plant Facilities	577 000	587 000	450 000	509 000
Fixtures	0	0	0	0
Total Tangible Assets	643 000	670 000	550 000	886 000
Total Fiancial Fixed Assets	1 848 000	1 777 000	1 804 000	36 000
Total Fixed Assets	14 062 000	14 286 000	14 461 000	13 296 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 712 000	6 563 000	7 300 000	4 656 000
Total Current Assets	10 342 000	7 249 000	7 505 000	6 475 000
Total Assets	24 404 000	21 535 000	21 966 000	19 771 000
Total Equity	18 302 000	14 378 000	13 316 000	11 378 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 659 000	4 466 000	6 248 000	7 021 000
Creditors	565 000	218 000	658 000	93 000
Unpaid Taxes	1 940 000	1 385 000	867 000	643 000
Dividends	0	0	0	0
Other Current Debt	779 000	184 000	211 000	44 000
Total Current Debt	4 442 000	2 691 000	2 403 000	1 373 000
Total Equity and Debt	24 404 000	21 535 000	21 966 000	19 771 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,44 %	21,3 %	16,74 %	20,45 %
Debt-to-Equity Ratio	0,09	0,31	0,47	0,62
Operating Profit Margin	27,16 %	30,48 %	22,65 %	24,35 %
Current Ratio	2,33	2,69	3,12	4,72
Quick Ratio	2,33	2,69	3,12	4,72
Equity Ratio	0,75	0,67	0,61	0,58
Gross Profit Margin	94,05 %	93,76 %	95,5 %	96,37 %