SG SAKS AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

−184 %

Current Ratio

0,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	603 000	343 000	724 000	146 000
Net Income	−46 000	−49 000	68 000	22 000
Total Assets	240 000	180 000	230 000	113 000
Total Equity	25 000	71 000	120 000	52 000

Income (NOK)	2022	2021	2020	2019
Revenue	603 000	343 000	724 000	146 000
Expenditure	649 000	392 000	637 000	118 000
Operating Profit	−46 000	−49 000	87 000	29 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−46 000	−49 000	87 000	29 000
Tax	0	0	19 000	6 000
Net Income	−46 000	−49 000	68 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	70 000	0	0	0
Total Current Assets	170 000	180 000	230 000	113 000
Total Assets	240 000	180 000	230 000	113 000
Total Retained Equity	−5 000	41 000	90 000	22 000
Total Equity	25 000	71 000	120 000	52 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	215 000	109 000	110 000	61 000
Total Equity and Debt	240 000	180 000	230 000	113 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	603 000	343 000	724 000	146 000
Other Income	0	0	0	0
Revenue	603 000	343 000	724 000	146 000
Cost of Goods Sold	46 000	25 000	45 000	−2 000
Salary Costs	426 000	217 000	443 000	87 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	649 000	392 000	637 000	118 000
Operating Profit	−46 000	−49 000	87 000	29 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−46 000	−49 000	68 000	22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	70 000	0	0	0
Total Tangible Assets	70 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	70 000	0	0	0
Stock	19 000	19 000	23 000	10 000
Total Investments	0	0	0	0
Cash, Bank	150 000	160 000	205 000	102 000
Total Current Assets	170 000	180 000	230 000	113 000
Total Assets	240 000	180 000	230 000	113 000
Total Equity	25 000	71 000	120 000	52 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	35 000	6 000	15 000	9 000
Unpaid Taxes	34 000	45 000	34 000	37 000
Dividends	0	0	0	0
Other Current Debt	144 000	57 000	42 000	9 000
Total Current Debt	215 000	109 000	110 000	61 000
Total Equity and Debt	240 000	180 000	230 000	113 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−184 %	−69,01 %	56,67 %	42,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−7,63 %	−14,29 %	12,02 %	19,86 %
Current Ratio	0,79	1,65	2,09	1,85
Quick Ratio	0,87	2	2,64	2,22
Equity Ratio	0,1	0,39	0,52	0,46
Gross Profit Margin	92,37 %	92,71 %	93,78 %	101,37 %