SETPRO AS

4735 EVJE

Finances

Return on Equity

12,98 %

Current Ratio

2,3

Debt-to-Equity Ratio

5,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 141 000	13 821 000	20 043 000	20 671 000
Net Income	288 000	200 000	499 000	671 000
Total Assets	15 386 000	17 853 000	24 931 000	25 477 000
Total Equity	2 219 000	1 931 000	8 900 000	8 401 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 141 000	13 821 000	20 043 000	20 671 000
Expenditure	5 549 000	13 536 000	19 396 000	19 746 000
Operating Profit	592 000	285 000	647 000	925 000
Financial Income	14 000	56 000	75 000	84 000
Financial Costs	317 000	142 000	208 000	306 000
Financial Balance	−303 000	−86 000	−133 000	−222 000
Earnings Before Tax	288 000	200 000	514 000	703 000
Tax	0	0	15 000	33 000
Net Income	288 000	200 000	499 000	671 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 740 000	14 168 000	16 446 000	16 907 000
Total Current Assets	1 646 000	3 685 000	8 485 000	8 569 000
Total Assets	15 386 000	17 853 000	24 931 000	25 477 000
Total Retained Equity	699 000	411 000	7 380 000	6 881 000
Total Equity	2 219 000	1 931 000	8 900 000	8 401 000
Total Long-Term Debt	12 450 000	13 050 000	13 650 000	14 250 000
Total Current Debt	717 000	2 873 000	2 381 000	2 826 000
Total Equity and Debt	15 386 000	17 853 000	24 931 000	25 477 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 141 000	5 667 000	6 379 000	6 974 000
Other Income	0	8 154 000	13 664 000	13 697 000
Revenue	6 141 000	13 821 000	20 043 000	20 671 000
Cost of Goods Sold	0	996 000	3 165 000	3 776 000
Salary Costs	3 348 000	8 162 000	10 695 000	10 746 000
Depreciation	428 000	1 462 000	1 285 000	1 152 000
Impairment	0	0	0	0
Expenditure	5 549 000	13 536 000	19 396 000	19 746 000
Operating Profit	592 000	285 000	647 000	925 000
Financial Income	14 000	56 000	75 000	84 000
Financial Costs	317 000	142 000	208 000	306 000
Financial Balance	−303 000	−86 000	−133 000	−222 000
Dividends	0	0	0	0
Net Income	288 000	200 000	499 000	671 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 040 000	13 468 000	13 808 000	14 241 000
Machinery and Plant Facilities	0	0	2 021 000	2 219 000
Fixtures	0	0	398 000	447 000
Total Tangible Assets	13 040 000	13 468 000	16 227 000	16 907 000
Total Fiancial Fixed Assets	700 000	700 000	219 000	0
Total Fixed Assets	13 740 000	14 168 000	16 446 000	16 907 000
Stock	0	0	782 000	1 113 000
Total Investments	0	0	0	0
Cash, Bank	770 000	3 549 000	5 810 000	5 260 000
Total Current Assets	1 646 000	3 685 000	8 485 000	8 569 000
Total Assets	15 386 000	17 853 000	24 931 000	25 477 000
Total Equity	2 219 000	1 931 000	8 900 000	8 401 000
Short-Term Group Debt	0	2 329 000	0	0
Total Long-Term Debt	12 450 000	13 050 000	13 650 000	14 250 000
Creditors	106 000	154 000	416 000	575 000
Unpaid Taxes	167 000	182 000	683 000	653 000
Dividends	0	0	0	0
Other Current Debt	443 000	207 000	1 267 000	1 563 000
Total Current Debt	717 000	2 873 000	2 381 000	2 826 000
Total Equity and Debt	15 386 000	17 853 000	24 931 000	25 477 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,98 %	10,36 %	5,61 %	7,99 %
Debt-to-Equity Ratio	5,61	6,76	1,53	1,7
Operating Profit Margin	9,64 %	2,06 %	3,23 %	4,47 %
Current Ratio	2,3	1,28	3,56	3,03
Quick Ratio	2,3	1,28	5,31	5
Equity Ratio	0,14	0,11	0,36	0,33
Gross Profit Margin	100 %	92,79 %	84,21 %	81,73 %