BRØDRENE SÆTHER AS

2840 REINSVOLL

Finances

Share Ownership

Return on Equity

26,95 %

Current Ratio

2,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 855 000	19 612 000	11 859 000	11 205 000
Net Income	996 000	1 020 000	−12 000	−53 000
Total Assets	6 714 000	5 037 000	3 360 000	3 048 000
Total Equity	3 696 000	2 699 000	1 661 000	1 673 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 855 000	19 612 000	11 859 000	11 205 000
Expenditure	22 550 000	18 507 000	11 975 000	11 146 000
Operating Profit	1 377 000	1 363 000	72 000	11 000
Financial Income	15 000	24 000	4 000	3 000
Financial Costs	108 000	82 000	88 000	57 000
Financial Balance	−93 000	−58 000	−84 000	−54 000
Earnings Before Tax	1 284 000	1 304 000	−12 000	−42 000
Tax	287 000	284 000	0	11 000
Net Income	996 000	1 020 000	−12 000	−53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	122 000	185 000	159 000	153 000
Total Current Assets	6 592 000	4 852 000	3 202 000	2 895 000
Total Assets	6 714 000	5 037 000	3 360 000	3 048 000
Total Retained Equity	3 396 000	2 399 000	1 361 000	1 373 000
Total Equity	3 696 000	2 699 000	1 661 000	1 673 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 018 000	2 338 000	1 700 000	1 376 000
Total Equity and Debt	6 714 000	5 037 000	3 360 000	3 048 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 843 000	19 612 000	11 858 000	11 205 000
Other Income	12 000	0	1 000	0
Revenue	23 855 000	19 612 000	11 859 000	11 205 000
Cost of Goods Sold	16 324 000	12 686 000	7 158 000	6 397 000
Salary Costs	4 378 000	4 095 000	3 172 000	2 915 000
Depreciation	63 000	58 000	64 000	83 000
Impairment	0	0	0	0
Expenditure	22 550 000	18 507 000	11 975 000	11 146 000
Operating Profit	1 377 000	1 363 000	72 000	11 000
Financial Income	15 000	24 000	4 000	3 000
Financial Costs	108 000	82 000	88 000	57 000
Financial Balance	−93 000	−58 000	−84 000	−54 000
Dividends	0	0	0	0
Net Income	996 000	1 020 000	−12 000	−53 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 000	30 000	51 000	71 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	104 000	155 000	108 000	82 000
Total Tangible Assets	122 000	185 000	159 000	153 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	122 000	185 000	159 000	153 000
Stock	1 728 000	1 800 000	1 529 000	1 305 000
Total Investments	0	0	0	0
Cash, Bank	2 217 000	141 000	115 000	101 000
Total Current Assets	6 592 000	4 852 000	3 202 000	2 895 000
Total Assets	6 714 000	5 037 000	3 360 000	3 048 000
Total Equity	3 696 000	2 699 000	1 661 000	1 673 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	719 000	357 000	392 000	214 000
Unpaid Taxes	814 000	761 000	452 000	465 000
Dividends	0	0	0	0
Other Current Debt	1 198 000	891 000	432 000	343 000
Total Current Debt	3 018 000	2 338 000	1 700 000	1 376 000
Total Equity and Debt	6 714 000	5 037 000	3 360 000	3 048 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,95 %	37,79 %	−0,72 %	−3,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,77 %	6,95 %	0,61 %	0,1 %
Current Ratio	2,18	2,08	1,88	2,1
Quick Ratio	5,11	9,02	18,73	40,77
Equity Ratio	0,55	0,54	0,49	0,55
Gross Profit Margin	31,57 %	35,32 %	39,64 %	42,91 %