SÆTHER & SØRNÆS AS

1360 FORNEBU

Finances

Share Ownership

Return on Equity

30,91 %

Current Ratio

1,93

Debt-to-Equity Ratio

0,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 025 000	634 000	872 000	1 053 000
Net Income	157 000	93 000	160 000	−33 000
Total Assets	1 489 000	856 000	792 000	311 000
Total Equity	508 000	351 000	258 000	−427 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 025 000	634 000	872 000	1 053 000
Expenditure	810 000	540 000	711 000	1 082 000
Operating Profit	216 000	94 000	161 000	−30 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	2 000	1 000	4 000
Financial Balance	−2 000	−2 000	−1 000	−3 000
Earnings Before Tax	213 000	93 000	160 000	−33 000
Tax	56 000	0	0	0
Net Income	157 000	93 000	160 000	−33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	299 000	0	0	0
Total Current Assets	1 189 000	856 000	792 000	311 000
Total Assets	1 489 000	856 000	792 000	311 000
Total Retained Equity	408 000	251 000	158 000	−527 000
Total Equity	508 000	351 000	258 000	−427 000
Total Long-Term Debt	364 000	0	0	0
Total Current Debt	616 000	505 000	534 000	738 000
Total Equity and Debt	1 489 000	856 000	792 000	311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	659 000	445 000	99 000	213 000
Other Income	366 000	189 000	773 000	840 000
Revenue	1 025 000	634 000	872 000	1 053 000
Cost of Goods Sold	8 000	12 000	156 000	190 000
Salary Costs	0	0	26 000	235 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	810 000	540 000	711 000	1 082 000
Operating Profit	216 000	94 000	161 000	−30 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	2 000	1 000	4 000
Financial Balance	−2 000	−2 000	−1 000	−3 000
Dividends	0	0	0	0
Net Income	157 000	93 000	160 000	−33 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	299 000	0	0	0
Total Fixed Assets	299 000	0	0	0
Stock	133 000	133 000	133 000	129 000
Total Investments	0	0	0	0
Cash, Bank	179 000	114 000	48 000	60 000
Total Current Assets	1 189 000	856 000	792 000	311 000
Total Assets	1 489 000	856 000	792 000	311 000
Total Equity	508 000	351 000	258 000	−427 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	364 000	0	0	0
Creditors	152 000	152 000	152 000	165 000
Unpaid Taxes	8 000	−21 000	8 000	8 000
Dividends	0	0	0	0
Other Current Debt	399 000	374 000	374 000	565 000
Total Current Debt	616 000	505 000	534 000	738 000
Total Equity and Debt	1 489 000	856 000	792 000	311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,91 %	26,5 %	62,02 %	7,73 %
Debt-to-Equity Ratio	0,72	0	0	−0
Operating Profit Margin	21,07 %	14,83 %	18,46 %	−2,85 %
Current Ratio	1,93	1,7	1,48	0,42
Quick Ratio	2,46	2,3	1,98	0,51
Equity Ratio	0,34	0,41	0,33	−1,37
Gross Profit Margin	99,22 %	98,11 %	82,11 %	81,96 %