STEINAR SAGEN AS

7024 TRONDHEIM

Finances

Return on Equity

44,49 %

Current Ratio

5,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	222 000	459 000	343 000	539 000
Net Income	109 000	235 000	167 000	342 000
Total Assets	293 000	258 000	334 000	704 000
Total Equity	245 000	135 000	100 000	311 000

Income (NOK)	2022	2021	2020	2019
Revenue	222 000	459 000	343 000	539 000
Expenditure	60 000	157 000	129 000	98 000
Operating Profit	163 000	301 000	214 000	440 000
Financial Income	0	0	1 000	3 000
Financial Costs	18 000	0	1 000	3 000
Financial Balance	−18 000	0	0	0
Earnings Before Tax	145 000	301 000	214 000	439 000
Tax	36 000	66 000	47 000	97 000
Net Income	109 000	235 000	167 000	342 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	13 000	13 000	13 000
Total Current Assets	279 000	245 000	321 000	691 000
Total Assets	293 000	258 000	334 000	704 000
Total Retained Equity	145 000	35 000	0	211 000
Total Equity	245 000	135 000	100 000	311 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	48 000	123 000	234 000	393 000
Total Equity and Debt	293 000	258 000	334 000	704 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	222 000	459 000	343 000	539 000
Other Income	0	0	0	0
Revenue	222 000	459 000	343 000	539 000
Cost of Goods Sold	0	2 000	0	0
Salary Costs	2 000	8 000	4 000	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	60 000	157 000	129 000	98 000
Operating Profit	163 000	301 000	214 000	440 000
Financial Income	0	0	1 000	3 000
Financial Costs	18 000	0	1 000	3 000
Financial Balance	−18 000	0	0	0
Dividends	0	200 000	378 000	375 000
Net Income	109 000	235 000	167 000	342 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	13 000	13 000	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	13 000	13 000	13 000
Stock	0	0	0	0
Total Investments	3 000	20 000	17 000	4 000
Cash, Bank	160 000	147 000	271 000	554 000
Total Current Assets	279 000	245 000	321 000	691 000
Total Assets	293 000	258 000	334 000	704 000
Total Equity	245 000	135 000	100 000	311 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	−4 000
Unpaid Taxes	5 000	23 000	38 000	2 000
Dividends	0	200 000	378 000	375 000
Other Current Debt	7 000	19 000	16 000	−6 000
Total Current Debt	48 000	123 000	234 000	393 000
Total Equity and Debt	293 000	258 000	334 000	704 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,49 %	174,07 %	167 %	109,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	73,42 %	65,58 %	62,39 %	81,63 %
Current Ratio	5,81	1,99	1,37	1,76
Quick Ratio	5,81	1,99	1,37	1,76
Equity Ratio	0,84	0,52	0,3	0,44
Gross Profit Margin	100 %	99,56 %	100 %	100 %