BRØDR SÆTH AS

6300 ÅNDALSNES

Finances

Share Ownership

Return on Equity

19,58 %

Current Ratio

3,09

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 561 000	8 556 000	8 081 000	8 324 000
Net Income	490 000	10 000	197 000	194 000
Total Assets	4 517 000	4 034 000	4 037 000	3 804 000
Total Equity	2 502 000	2 012 000	2 002 000	1 805 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 561 000	8 556 000	8 081 000	8 324 000
Expenditure	7 477 000	8 546 000	7 835 000	8 076 000
Operating Profit	84 000	11 000	246 000	249 000
Financial Income	437 000	21 000	16 000	9 000
Financial Costs	11 000	8 000	11 000	10 000
Financial Balance	426 000	13 000	5 000	−1 000
Earnings Before Tax	509 000	25 000	251 000	248 000
Tax	19 000	15 000	54 000	55 000
Net Income	490 000	10 000	197 000	194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	500 000	169 000	208 000	193 000
Total Current Assets	4 018 000	3 866 000	3 828 000	3 611 000
Total Assets	4 517 000	4 034 000	4 037 000	3 804 000
Total Retained Equity	1 952 000	1 462 000	1 452 000	1 255 000
Total Equity	2 502 000	2 012 000	2 002 000	1 805 000
Total Long-Term Debt	717 000	0	0	0
Total Current Debt	1 299 000	2 022 000	2 035 000	1 998 000
Total Equity and Debt	4 517 000	4 034 000	4 037 000	3 804 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 561 000	8 556 000	8 081 000	8 324 000
Other Income	0	0	0	0
Revenue	7 561 000	8 556 000	8 081 000	8 324 000
Cost of Goods Sold	2 857 000	3 952 000	3 231 000	2 988 000
Salary Costs	3 373 000	3 257 000	3 285 000	3 776 000
Depreciation	61 000	43 000	55 000	56 000
Impairment	0	0	0	0
Expenditure	7 477 000	8 546 000	7 835 000	8 076 000
Operating Profit	84 000	11 000	246 000	249 000
Financial Income	437 000	21 000	16 000	9 000
Financial Costs	11 000	8 000	11 000	10 000
Financial Balance	426 000	13 000	5 000	−1 000
Dividends	0	0	0	0
Net Income	490 000	10 000	197 000	194 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	93 000	112 000	109 000	38 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	377 000	54 000	96 000	152 000
Total Tangible Assets	377 000	54 000	96 000	152 000
Total Fiancial Fixed Assets	30 000	3 000	3 000	3 000
Total Fixed Assets	500 000	169 000	208 000	193 000
Stock	1 825 000	1 533 000	1 460 000	1 577 000
Total Investments	0	0	0	0
Cash, Bank	754 000	473 000	994 000	161 000
Total Current Assets	4 018 000	3 866 000	3 828 000	3 611 000
Total Assets	4 517 000	4 034 000	4 037 000	3 804 000
Total Equity	2 502 000	2 012 000	2 002 000	1 805 000
Short-Term Group Debt	0	443 000	454 000	454 000
Total Long-Term Debt	717 000	0	0	0
Creditors	596 000	866 000	521 000	621 000
Unpaid Taxes	336 000	276 000	474 000	404 000
Dividends	0	0	0	0
Other Current Debt	367 000	420 000	461 000	428 000
Total Current Debt	1 299 000	2 022 000	2 035 000	1 998 000
Total Equity and Debt	4 517 000	4 034 000	4 037 000	3 804 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,58 %	0,5 %	9,84 %	10,75 %
Debt-to-Equity Ratio	0,29	0	0	0
Operating Profit Margin	1,11 %	0,13 %	3,04 %	2,99 %
Current Ratio	3,09	1,91	1,88	1,81
Quick Ratio	−7,64	7,91	6,66	8,58
Equity Ratio	0,55	0,5	0,5	0,47
Gross Profit Margin	62,21 %	53,81 %	60,02 %	64,1 %