SAGA WELCO AS

3111 TØNSBERG

Finances

Share Ownership

Return on Equity

13,48 %

Current Ratio

1,89

Debt-to-Equity Ratio

0,18

Key figures (USD)	2022	2021	2020	2019
Revenue	27 381 000	23 993 000	21 775 000	21 769 000
Net Income	644 000	583 000	629 000	530 000
Total Assets	10 752 000	9 161 000	8 304 000	7 652 000
Total Equity	4 778 000	4 155 000	3 706 000	3 344 000

Income (USD)	2022	2021	2020	2019
Revenue	27 381 000	23 993 000	21 775 000	21 769 000
Expenditure	25 602 000	23 211 000	20 280 000	20 387 000
Operating Profit	1 779 000	781 000	1 494 000	1 381 000
Financial Income	62 000	191 000	54 000	−70 000
Financial Costs	599 000	0	655 000	421 000
Financial Balance	−537 000	191 000	−601 000	−491 000
Earnings Before Tax	1 242 000	973 000	893 000	890 000
Tax	599 000	390 000	263 000	360 000
Net Income	644 000	583 000	629 000	530 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	1 074 000	1 296 000	1 525 000	1 446 000
Total Current Assets	9 678 000	7 866 000	6 780 000	6 207 000
Total Assets	10 752 000	9 161 000	8 304 000	7 652 000
Total Retained Equity	4 494 000	3 871 000	3 423 000	3 060 000
Total Equity	4 778 000	4 155 000	3 706 000	3 344 000
Total Long-Term Debt	840 000	1 434 000	1 613 000	1 396 000
Total Current Debt	5 134 000	3 573 000	2 985 000	2 913 000
Total Equity and Debt	10 752 000	9 161 000	8 304 000	7 652 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	27 381 000	23 993 000	21 775 000	21 769 000
Other Income	0	0	0	0
Revenue	27 381 000	23 993 000	21 775 000	21 769 000
Cost of Goods Sold	0	0	0	0
Salary Costs	18 553 000	17 230 000	14 120 000	14 213 000
Depreciation	287 000	284 000	300 000	330 000
Impairment	0	0	0	0
Expenditure	25 602 000	23 211 000	20 280 000	20 387 000
Operating Profit	1 779 000	781 000	1 494 000	1 381 000
Financial Income	62 000	191 000	54 000	−70 000
Financial Costs	599 000	0	655 000	421 000
Financial Balance	−537 000	191 000	−601 000	−491 000
Dividends	0	0	0	0
Net Income	644 000	583 000	629 000	530 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	231 000	274 000	369 000	325 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	666 000	853 000	1 061 000	1 030 000
Total Tangible Assets	666 000	853 000	1 061 000	1 030 000
Total Fiancial Fixed Assets	178 000	169 000	95 000	90 000
Total Fixed Assets	1 074 000	1 296 000	1 525 000	1 446 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 010 000	2 962 000	3 100 000	3 525 000
Total Current Assets	9 678 000	7 866 000	6 780 000	6 207 000
Total Assets	10 752 000	9 161 000	8 304 000	7 652 000
Total Equity	4 778 000	4 155 000	3 706 000	3 344 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	840 000	1 434 000	1 613 000	1 396 000
Creditors	212 000	121 000	208 000	45 000
Unpaid Taxes	1 619 000	1 243 000	590 000	672 000
Dividends	0	0	0	0
Other Current Debt	2 916 000	2 062 000	2 043 000	2 017 000
Total Current Debt	5 134 000	3 573 000	2 985 000	2 913 000
Total Equity and Debt	10 752 000	9 161 000	8 304 000	7 652 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,48 %	14,03 %	16,97 %	15,85 %
Debt-to-Equity Ratio	0,18	0,35	0,44	0,42
Operating Profit Margin	6,5 %	3,26 %	6,86 %	6,34 %
Current Ratio	1,89	2,2	2,27	2,13
Quick Ratio	1,89	2,2	2,27	2,13
Equity Ratio	0,44	0,45	0,45	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %