SAGAFON AS

0463 OSLO

Finances

Return on Equity

35,1 %

Current Ratio

7,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	8 930 000	7 691 000	6 589 000
Net Income	4 915 000	4 989 000	4 066 000
Total Assets	15 882 000	10 569 000	5 227 000
Total Equity	14 001 000	9 086 000	4 096 000

Income (NOK)	2022	2021	2020
Revenue	8 930 000	7 691 000	6 589 000
Expenditure	549 000	1 433 000	1 376 000
Operating Profit	8 381 000	6 258 000	5 213 000
Financial Income	279 000	177 000	0
Financial Costs	2 337 000	42 000	0
Financial Balance	−2 058 000	135 000	0
Earnings Before Tax	6 324 000	6 393 000	5 213 000
Tax	1 409 000	1 404 000	1 147 000
Net Income	4 915 000	4 989 000	4 066 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 039 000	650 000	0
Total Current Assets	14 843 000	9 919 000	5 227 000
Total Assets	15 882 000	10 569 000	5 227 000
Total Retained Equity	13 971 000	9 056 000	4 066 000
Total Equity	14 001 000	9 086 000	4 096 000
Total Long-Term Debt	0	22 000	0
Total Current Debt	1 881 000	1 461 000	1 131 000
Total Equity and Debt	15 882 000	10 569 000	5 227 000

Cash flow (NOK)	2022	2021	2020
Sales Income	8 930 000	7 691 000	0
Other Income	0	0	6 589 000
Revenue	8 930 000	7 691 000	6 589 000
Cost of Goods Sold	0	0	850 000
Salary Costs	0	0	1 000
Depreciation	110 000	79 000	0
Impairment	0	0	0
Expenditure	549 000	1 433 000	1 376 000
Operating Profit	8 381 000	6 258 000	5 213 000
Financial Income	279 000	177 000	0
Financial Costs	2 337 000	42 000	0
Financial Balance	−2 058 000	135 000	0
Dividends	0	0	0
Net Income	4 915 000	4 989 000	4 066 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	430 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	178 000	219 000	0
Total Tangible Assets	178 000	219 000	0
Total Fiancial Fixed Assets	431 000	431 000	0
Total Fixed Assets	1 039 000	650 000	0
Stock	0	0	0
Total Investments	6 235 000	2 288 000	0
Cash, Bank	8 080 000	7 102 000	5 227 000
Total Current Assets	14 843 000	9 919 000	5 227 000
Total Assets	15 882 000	10 569 000	5 227 000
Total Equity	14 001 000	9 086 000	4 096 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	22 000	0
Creditors	5 000	11 000	−16 000
Unpaid Taxes	15 000	69 000	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	1 881 000	1 461 000	1 131 000
Total Equity and Debt	15 882 000	10 569 000	5 227 000

Financial indicators	2022	2021	2020
Return on Equity	35,1 %	54,91 %	99,27 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	93,85 %	81,37 %	79,12 %
Current Ratio	7,89	6,79	4,62
Quick Ratio	7,89	6,79	4,62
Equity Ratio	0,88	0,86	0,78
Gross Profit Margin	100 %	100 %	87,1 %