SASTECH AS

8160 GLOMFJORD

Finances

Return on Equity

99,59 %

Current Ratio

0,19

Debt-to-Equity Ratio

−0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 948 000	608 000	960 000	541 000
Net Income	−6 491 000	−6 404 000	−6 361 000	−189 000
Total Assets	12 026 000	1 185 000	1 173 000	304 000
Total Equity	−6 518 000	−8 576 000	−2 672 000	−89 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 948 000	608 000	960 000	541 000
Expenditure	11 963 000	6 741 000	7 321 000	730 000
Operating Profit	−6 015 000	−6 134 000	−6 361 000	−189 000
Financial Income	34 000	3 000	0	0
Financial Costs	510 000	273 000	0	0
Financial Balance	−476 000	−270 000	0	0
Earnings Before Tax	−6 491 000	−6 404 000	−6 361 000	−189 000
Tax	0	0	0	0
Net Income	−6 491 000	−6 404 000	−6 361 000	−189 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 253 000	242 000	352 000	0
Total Current Assets	2 773 000	942 000	821 000	304 000
Total Assets	12 026 000	1 185 000	1 173 000	304 000
Total Retained Equity	−19 446 000	−12 955 000	−6 550 000	−189 000
Total Equity	−6 518 000	−8 576 000	−2 672 000	−89 000
Total Long-Term Debt	4 000 000	1 850 000	0	0
Total Current Debt	14 544 000	7 911 000	3 845 000	393 000
Total Equity and Debt	12 026 000	1 185 000	1 173 000	304 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 948 000	408 000	385 000	541 000
Other Income	0	200 000	575 000	0
Revenue	5 948 000	608 000	960 000	541 000
Cost of Goods Sold	7 684 000	139 000	89 000	410 000
Salary Costs	2 496 000	3 536 000	2 109 000	0
Depreciation	170 000	37 000	11 000	0
Impairment	0	0	0	0
Expenditure	11 963 000	6 741 000	7 321 000	730 000
Operating Profit	−6 015 000	−6 134 000	−6 361 000	−189 000
Financial Income	34 000	3 000	0	0
Financial Costs	510 000	273 000	0	0
Financial Balance	−476 000	−270 000	0	0
Dividends	0	0	0	0
Net Income	−6 491 000	−6 404 000	−6 361 000	−189 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 270 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	175 000	213 000	0
Fixtures	426 000	0	0	0
Total Tangible Assets	426 000	175 000	213 000	0
Total Fiancial Fixed Assets	557 000	67 000	140 000	0
Total Fixed Assets	9 253 000	242 000	352 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	88 000	256 000	102 000
Total Current Assets	2 773 000	942 000	821 000	304 000
Total Assets	12 026 000	1 185 000	1 173 000	304 000
Total Equity	−6 518 000	−8 576 000	−2 672 000	−89 000
Short-Term Group Debt	493 000	0	0	0
Total Long-Term Debt	4 000 000	1 850 000	0	0
Creditors	4 415 000	2 035 000	336 000	393 000
Unpaid Taxes	841 000	147 000	370 000	0
Dividends	0	0	0	0
Other Current Debt	2 070 000	1 190 000	3 138 000	0
Total Current Debt	14 544 000	7 911 000	3 845 000	393 000
Total Equity and Debt	12 026 000	1 185 000	1 173 000	304 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,59 %	74,67 %	238,06 %	212,36 %
Debt-to-Equity Ratio	−0,61	−0,22	−0	−0
Operating Profit Margin	−101,13 %	−1 008,88 %	−662,6 %	−34,94 %
Current Ratio	0,19	0,12	0,21	0,77
Quick Ratio	0,19	0,12	0,21	0,77
Equity Ratio	−0,54	−7,24	−2,28	−0,29
Gross Profit Margin	−29,19 %	77,14 %	90,73 %	24,21 %