BRØDRENE SÆTHRE EIENDOM AS

8390 REINE

Finances

Share Ownership

Return on Equity

−58,23 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	240 000	240 000	143 000
Net Income	−138 000	56 000	33 000
Total Assets	355 000	429 000	373 000
Total Equity	237 000	375 000	319 000

Income (NOK)	2022	2021	2020
Revenue	240 000	240 000	143 000
Expenditure	417 000	168 000	86 000
Operating Profit	−177 000	72 000	57 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−177 000	72 000	57 000
Tax	−39 000	16 000	23 000
Net Income	−138 000	56 000	33 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	231 000	221 000	260 000
Total Current Assets	124 000	208 000	113 000
Total Assets	355 000	429 000	373 000
Total Retained Equity	0	90 000	33 000
Total Equity	237 000	375 000	319 000
Total Long-Term Debt	0	0	0
Total Current Debt	118 000	54 000	55 000
Total Equity and Debt	355 000	429 000	373 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	240 000	240 000	143 000
Revenue	240 000	240 000	143 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	29 000	29 000	16 000
Impairment	0	0	0
Expenditure	417 000	168 000	86 000
Operating Profit	−177 000	72 000	57 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−138 000	56 000	33 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	45 000	6 000	1 000
Real Eastate	186 000	215 000	244 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	186 000	215 000	244 000
Total Fiancial Fixed Assets	0	0	14 000
Total Fixed Assets	231 000	221 000	260 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	56 000	185 000	92 000
Total Current Assets	124 000	208 000	113 000
Total Assets	355 000	429 000	373 000
Total Equity	237 000	375 000	319 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	43 000	33 000	41 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	75 000	0	0
Total Current Debt	118 000	54 000	55 000
Total Equity and Debt	355 000	429 000	373 000

Financial indicators	2022	2021	2020
Return on Equity	−58,23 %	14,93 %	10,34 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−73,75 %	30 %	39,86 %
Current Ratio	1,05	3,85	2,05
Quick Ratio	1,05	3,85	2,05
Equity Ratio	0,67	0,87	0,86
Gross Profit Margin	100 %	100 %	100 %