SATCO AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

58,5 %

Current Ratio

2,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	29 490 000	21 896 000	28 412 000
Net Income	4 517 000	2 466 000	3 895 000
Total Assets	12 699 000	13 881 000	12 113 000
Total Equity	7 721 000	3 204 000	738 000

Income (NOK)	2022	2021	2020
Revenue	29 490 000	21 896 000	28 412 000
Expenditure	23 557 000	18 705 000	23 220 000
Operating Profit	5 933 000	3 191 000	5 193 000
Financial Income	52 000	45 000	63 000
Financial Costs	185 000	66 000	262 000
Financial Balance	−133 000	−21 000	−199 000
Earnings Before Tax	5 800 000	3 170 000	4 993 000
Tax	1 282 000	704 000	1 098 000
Net Income	4 517 000	2 466 000	3 895 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	17 000	23 000	29 000
Total Current Assets	12 682 000	13 858 000	12 084 000
Total Assets	12 699 000	13 881 000	12 113 000
Total Retained Equity	7 669 000	3 151 000	686 000
Total Equity	7 721 000	3 204 000	738 000
Total Long-Term Debt	1 000	1 000	2 000
Total Current Debt	4 977 000	10 676 000	11 373 000
Total Equity and Debt	12 699 000	13 881 000	12 113 000

Cash flow (NOK)	2022	2021	2020
Sales Income	29 490 000	21 896 000	28 412 000
Other Income	0	0	0
Revenue	29 490 000	21 896 000	28 412 000
Cost of Goods Sold	20 281 000	15 829 000	20 253 000
Salary Costs	1 990 000	1 602 000	1 729 000
Depreciation	6 000	6 000	2 000
Impairment	0	0	0
Expenditure	23 557 000	18 705 000	23 220 000
Operating Profit	5 933 000	3 191 000	5 193 000
Financial Income	52 000	45 000	63 000
Financial Costs	185 000	66 000	262 000
Financial Balance	−133 000	−21 000	−199 000
Dividends	0	0	0
Net Income	4 517 000	2 466 000	3 895 000

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	17 000	23 000	29 000
Total Tangible Assets	17 000	23 000	29 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	17 000	23 000	29 000
Stock	6 524 000	5 625 000	4 378 000
Total Investments	0	0	0
Cash, Bank	1 377 000	4 757 000	3 573 000
Total Current Assets	12 682 000	13 858 000	12 084 000
Total Assets	12 699 000	13 881 000	12 113 000
Total Equity	7 721 000	3 204 000	738 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	1 000	2 000
Creditors	2 112 000	2 040 000	2 419 000
Unpaid Taxes	212 000	241 000	201 000
Dividends	0	0	0
Other Current Debt	1 370 000	7 690 000	7 657 000
Total Current Debt	4 977 000	10 676 000	11 373 000
Total Equity and Debt	12 699 000	13 881 000	12 113 000

Financial indicators	2022	2021	2020
Return on Equity	58,5 %	76,97 %	527,78 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	20,12 %	14,57 %	18,28 %
Current Ratio	2,55	1,3	1,06
Quick Ratio	−8,2	2,74	1,73
Equity Ratio	0,61	0,23	0,06
Gross Profit Margin	31,23 %	27,71 %	28,72 %