SAREC LØNN AS

2004 LILLESTRØM

Finances

Share Ownership

Return on Equity

96,22 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	4 228 000	3 626 000	2 109 000
Net Income	967 000	604 000	64 000
Total Assets	3 058 000	2 439 000	1 413 000
Total Equity	1 005 000	1 012 000	1 059 000

Income (NOK)	2022	2021	2020
Revenue	4 228 000	3 626 000	2 109 000
Expenditure	2 988 000	2 851 000	2 026 000
Operating Profit	1 241 000	774 000	82 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	1 240 000	774 000	82 000
Tax	273 000	170 000	18 000
Net Income	967 000	604 000	64 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	3 058 000	2 439 000	1 413 000
Total Assets	3 058 000	2 439 000	1 413 000
Total Retained Equity	10 000	18 000	64 000
Total Equity	1 005 000	1 012 000	1 059 000
Total Long-Term Debt	0	0	0
Total Current Debt	2 053 000	1 426 000	355 000
Total Equity and Debt	3 058 000	2 439 000	1 413 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 228 000	3 626 000	2 109 000
Other Income	0	0	0
Revenue	4 228 000	3 626 000	2 109 000
Cost of Goods Sold	245 000	274 000	0
Salary Costs	2 121 000	1 723 000	646 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	2 988 000	2 851 000	2 026 000
Operating Profit	1 241 000	774 000	82 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	975 000	650 000	0
Net Income	967 000	604 000	64 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	2 542 000	1 842 000	741 000
Total Current Assets	3 058 000	2 439 000	1 413 000
Total Assets	3 058 000	2 439 000	1 413 000
Total Equity	1 005 000	1 012 000	1 059 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	152 000	103 000	98 000
Unpaid Taxes	288 000	263 000	159 000
Dividends	975 000	650 000	0
Other Current Debt	366 000	240 000	79 000
Total Current Debt	2 053 000	1 426 000	355 000
Total Equity and Debt	3 058 000	2 439 000	1 413 000

Financial indicators	2022	2021	2020
Return on Equity	96,22 %	59,68 %	6,04 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	29,35 %	21,35 %	3,89 %
Current Ratio	1,49	1,71	3,98
Quick Ratio	1,49	1,71	3,98
Equity Ratio	0,33	0,41	0,75
Gross Profit Margin	94,21 %	92,44 %	100 %