SARNETTE AS

9405 HARSTAD

Finances

Return on Equity

44,79 %

Current Ratio

0,56

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	284 000	159 000	67 000	206 000
Net Income	159 000	2 000	−69 000	44 000
Total Assets	970 000	912 000	979 000	1 145 000
Total Equity	355 000	195 000	193 000	263 000

Income (NOK)	2022	2021	2020	2019
Revenue	284 000	159 000	67 000	206 000
Expenditure	98 000	156 000	158 000	150 000
Operating Profit	186 000	3 000	−91 000	56 000
Financial Income	0	0	0	0
Financial Costs	11 000	11 000	12 000	12 000
Financial Balance	−11 000	−11 000	−12 000	−12 000
Earnings Before Tax	175 000	−7 000	−102 000	43 000
Tax	15 000	−9 000	−33 000	−1 000
Net Income	159 000	2 000	−69 000	44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	635 000	661 000	713 000	738 000
Total Current Assets	335 000	251 000	266 000	407 000
Total Assets	970 000	912 000	979 000	1 145 000
Total Retained Equity	254 000	95 000	93 000	162 000
Total Equity	355 000	195 000	193 000	263 000
Total Long-Term Debt	15 000	0	9 000	42 000
Total Current Debt	600 000	717 000	776 000	840 000
Total Equity and Debt	970 000	912 000	979 000	1 145 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	26 000	101 000
Other Income	284 000	159 000	40 000	105 000
Revenue	284 000	159 000	67 000	206 000
Cost of Goods Sold	0	0	0	0
Salary Costs	41 000	78 000	94 000	110 000
Depreciation	26 000	52 000	26 000	26 000
Impairment	0	0	0	0
Expenditure	98 000	156 000	158 000	150 000
Operating Profit	186 000	3 000	−91 000	56 000
Financial Income	0	0	0	0
Financial Costs	11 000	11 000	12 000	12 000
Financial Balance	−11 000	−11 000	−12 000	−12 000
Dividends	0	0	0	0
Net Income	159 000	2 000	−69 000	44 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	635 000	661 000	713 000	738 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	635 000	661 000	713 000	738 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	635 000	661 000	713 000	738 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	38 000	47 000	32 000	50 000
Total Current Assets	335 000	251 000	266 000	407 000
Total Assets	970 000	912 000	979 000	1 145 000
Total Equity	355 000	195 000	193 000	263 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 000	0	9 000	42 000
Creditors	2 000	0	0	0
Unpaid Taxes	0	8 000	1 000	9 000
Dividends	0	0	0	0
Other Current Debt	598 000	709 000	776 000	831 000
Total Current Debt	600 000	717 000	776 000	840 000
Total Equity and Debt	970 000	912 000	979 000	1 145 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,79 %	1,03 %	−35,75 %	16,73 %
Debt-to-Equity Ratio	0,04	0	0,05	0,16
Operating Profit Margin	65,49 %	1,89 %	−135,82 %	27,18 %
Current Ratio	0,56	0,35	0,34	0,48
Quick Ratio	0,56	0,35	0,34	0,48
Equity Ratio	0,37	0,21	0,2	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %