SÆTER-HJØRNET AS

1166 OSLO

Finances

Return on Equity

27,16 %

Current Ratio

3,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 330 000	12 976 000	9 967 000	10 620 000
Net Income	1 285 000	668 000	466 000	555 000
Total Assets	6 867 000	5 989 000	4 231 000	4 028 000
Total Equity	4 731 000	3 446 000	3 578 000	3 112 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 330 000	12 976 000	9 967 000	10 620 000
Expenditure	17 644 000	11 321 000	9 661 000	9 898 000
Operating Profit	1 686 000	873 000	605 000	716 000
Financial Income	−2 000	2 000	2 000	3 000
Financial Costs	34 000	31 000	0	1 000
Financial Balance	−36 000	−29 000	2 000	2 000
Earnings Before Tax	1 650 000	844 000	606 000	719 000
Tax	365 000	176 000	140 000	164 000
Net Income	1 285 000	668 000	466 000	555 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	322 000	382 000	110 000	166 000
Total Current Assets	6 545 000	5 607 000	4 122 000	3 862 000
Total Assets	6 867 000	5 989 000	4 231 000	4 028 000
Total Retained Equity	4 631 000	3 346 000	3 478 000	3 012 000
Total Equity	4 731 000	3 446 000	3 578 000	3 112 000
Total Long-Term Debt	0	667 000	5 000	5 000
Total Current Debt	2 135 000	1 876 000	648 000	910 000
Total Equity and Debt	6 867 000	5 989 000	4 231 000	4 028 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 294 000	12 608 000	9 933 000	10 620 000
Other Income	36 000	367 000	34 000	0
Revenue	19 330 000	12 976 000	9 967 000	10 620 000
Cost of Goods Sold	11 378 000	7 165 000	6 781 000	6 908 000
Salary Costs	1 847 000	1 418 000	1 230 000	1 615 000
Depreciation	82 000	69 000	56 000	56 000
Impairment	0	0	0	0
Expenditure	17 644 000	11 321 000	9 661 000	9 898 000
Operating Profit	1 686 000	873 000	605 000	716 000
Financial Income	−2 000	2 000	2 000	3 000
Financial Costs	34 000	31 000	0	1 000
Financial Balance	−36 000	−29 000	2 000	2 000
Dividends	0	800 000	0	0
Net Income	1 285 000	668 000	466 000	555 000

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	257 000	340 000	66 000	123 000
Total Tangible Assets	257 000	340 000	66 000	123 000
Total Fiancial Fixed Assets	64 000	42 000	43 000	43 000
Total Fixed Assets	322 000	382 000	110 000	166 000
Stock	3 443 000	2 408 000	3 189 000	2 890 000
Total Investments	0	0	0	0
Cash, Bank	2 600 000	3 166 000	902 000	947 000
Total Current Assets	6 545 000	5 607 000	4 122 000	3 862 000
Total Assets	6 867 000	5 989 000	4 231 000	4 028 000
Total Equity	4 731 000	3 446 000	3 578 000	3 112 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	667 000	5 000	5 000
Creditors	398 000	246 000	98 000	138 000
Unpaid Taxes	595 000	472 000	255 000	409 000
Dividends	0	800 000	0	0
Other Current Debt	777 000	176 000	155 000	200 000
Total Current Debt	2 135 000	1 876 000	648 000	910 000
Total Equity and Debt	6 867 000	5 989 000	4 231 000	4 028 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,16 %	19,38 %	13,02 %	17,83 %
Debt-to-Equity Ratio	0	0,19	0	0
Operating Profit Margin	8,72 %	6,73 %	6,07 %	6,74 %
Current Ratio	3,07	2,99	6,36	4,24
Quick Ratio	−5	−10,54	−1,62	−1,95
Equity Ratio	0,69	0,58	0,85	0,77
Gross Profit Margin	41,14 %	44,78 %	31,97 %	34,95 %