SÆTRE INVEST AS

3475 SÆTRE

Finances

Share Ownership

Return on Equity

32,5 %

Current Ratio

0,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 750 000	8 422 000	7 397 000	7 907 000
Net Income	390 000	507 000	643 000	−211 000
Total Assets	2 412 000	4 169 000	3 635 000	3 058 000
Total Equity	1 200 000	1 509 000	1 003 000	359 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 750 000	8 422 000	7 397 000	7 907 000
Expenditure	7 273 000	7 660 000	6 548 000	8 156 000
Operating Profit	510 000	669 000	849 000	−249 000
Financial Income	0	0	1 000	2 000
Financial Costs	4 000	16 000	25 000	20 000
Financial Balance	−4 000	−16 000	−24 000	−18 000
Earnings Before Tax	506 000	654 000	825 000	−267 000
Tax	116 000	147 000	181 000	−55 000
Net Income	390 000	507 000	643 000	−211 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 243 000	1 115 000	1 247 000	1 498 000
Total Current Assets	1 169 000	3 054 000	2 388 000	1 560 000
Total Assets	2 412 000	4 169 000	3 635 000	3 058 000
Total Retained Equity	1 100 000	1 409 000	903 000	259 000
Total Equity	1 200 000	1 509 000	1 003 000	359 000
Total Long-Term Debt	0	1 494 000	1 720 000	1 822 000
Total Current Debt	1 212 000	1 166 000	913 000	877 000
Total Equity and Debt	2 412 000	4 169 000	3 635 000	3 058 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 796 000	7 767 000	7 298 000	7 717 000
Other Income	−46 000	655 000	99 000	190 000
Revenue	7 750 000	8 422 000	7 397 000	7 907 000
Cost of Goods Sold	2 353 000	2 459 000	2 270 000	2 647 000
Salary Costs	3 472 000	3 623 000	2 828 000	3 319 000
Depreciation	297 000	167 000	193 000	205 000
Impairment	0	0	0	0
Expenditure	7 273 000	7 660 000	6 548 000	8 156 000
Operating Profit	510 000	669 000	849 000	−249 000
Financial Income	0	0	1 000	2 000
Financial Costs	4 000	16 000	25 000	20 000
Financial Balance	−4 000	−16 000	−24 000	−18 000
Dividends	0	0	0	0
Net Income	390 000	507 000	643 000	−211 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	0	4 000	74 000
Real Eastate	0	1 047 000	0	0
Machinery and Plant Facilities	0	31 000	0	0
Fixtures	932 000	37 000	1 243 000	1 424 000
Total Tangible Assets	932 000	1 115 000	1 243 000	1 424 000
Total Fiancial Fixed Assets	300 000	0	0	0
Total Fixed Assets	1 243 000	1 115 000	1 247 000	1 498 000
Stock	111 000	78 000	105 000	105 000
Total Investments	0	0	0	0
Cash, Bank	838 000	2 925 000	2 111 000	1 245 000
Total Current Assets	1 169 000	3 054 000	2 388 000	1 560 000
Total Assets	2 412 000	4 169 000	3 635 000	3 058 000
Total Equity	1 200 000	1 509 000	1 003 000	359 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 494 000	1 720 000	1 822 000
Creditors	187 000	344 000	61 000	138 000
Unpaid Taxes	561 000	349 000	220 000	212 000
Dividends	0	0	0	0
Other Current Debt	338 000	331 000	521 000	527 000
Total Current Debt	1 212 000	1 166 000	913 000	877 000
Total Equity and Debt	2 412 000	4 169 000	3 635 000	3 058 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,5 %	33,6 %	64,11 %	−58,77 %
Debt-to-Equity Ratio	0	0,99	1,71	5,08
Operating Profit Margin	6,58 %	7,94 %	11,48 %	−3,15 %
Current Ratio	0,96	2,62	2,62	1,78
Quick Ratio	1,06	2,81	2,96	2,02
Equity Ratio	0,5	0,36	0,28	0,12
Gross Profit Margin	69,64 %	70,8 %	69,31 %	66,52 %