SATEL NORGE AS

1523 MOSS

Finances

Share Ownership

Return on Equity

19,92 %

Current Ratio

1,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 456 000	4 507 000	4 621 000	5 444 000
Net Income	298 000	337 000	257 000	362 000
Total Assets	3 044 000	2 740 000	2 565 000	3 021 000
Total Equity	1 496 000	1 598 000	1 561 000	1 604 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 456 000	4 507 000	4 621 000	5 444 000
Expenditure	5 020 000	4 010 000	4 303 000	4 721 000
Operating Profit	387 000	447 000	338 000	477 000
Financial Income	5 000	4 000	20 000	4 000
Financial Costs	12 000	23 000	26 000	26 000
Financial Balance	−7 000	−19 000	−6 000	−22 000
Earnings Before Tax	380 000	428 000	332 000	454 000
Tax	83 000	90 000	75 000	92 000
Net Income	298 000	337 000	257 000	362 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	296 000	238 000	298 000	372 000
Total Current Assets	2 748 000	2 502 000	2 267 000	2 649 000
Total Assets	3 044 000	2 740 000	2 565 000	3 021 000
Total Retained Equity	1 396 000	1 498 000	1 461 000	1 504 000
Total Equity	1 496 000	1 598 000	1 561 000	1 604 000
Total Long-Term Debt	1 000	8 000	98 000	184 000
Total Current Debt	1 547 000	1 135 000	906 000	1 233 000
Total Equity and Debt	3 044 000	2 740 000	2 565 000	3 021 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 407 000	4 507 000	4 621 000	5 400 000
Other Income	49 000	0	0	44 000
Revenue	5 456 000	4 507 000	4 621 000	5 444 000
Cost of Goods Sold	3 256 000	2 388 000	2 654 000	2 937 000
Salary Costs	1 101 000	1 076 000	1 080 000	1 211 000
Depreciation	102 000	60 000	74 000	106 000
Impairment	0	0	0	0
Expenditure	5 020 000	4 010 000	4 303 000	4 721 000
Operating Profit	387 000	447 000	338 000	477 000
Financial Income	5 000	4 000	20 000	4 000
Financial Costs	12 000	23 000	26 000	26 000
Financial Balance	−7 000	−19 000	−6 000	−22 000
Dividends	400 000	300 000	300 000	400 000
Net Income	298 000	337 000	257 000	362 000

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	296 000	238 000	298 000	372 000
Total Tangible Assets	296 000	238 000	298 000	372 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	296 000	238 000	298 000	372 000
Stock	717 000	764 000	815 000	794 000
Total Investments	0	0	0	0
Cash, Bank	1 097 000	1 309 000	1 031 000	1 502 000
Total Current Assets	2 748 000	2 502 000	2 267 000	2 649 000
Total Assets	3 044 000	2 740 000	2 565 000	3 021 000
Total Equity	1 496 000	1 598 000	1 561 000	1 604 000
Short-Term Group Debt	0	300 000	0	47 000
Total Long-Term Debt	1 000	8 000	98 000	184 000
Creditors	635 000	68 000	104 000	159 000
Unpaid Taxes	320 000	262 000	248 000	317 000
Dividends	400 000	300 000	300 000	400 000
Other Current Debt	110 000	114 000	180 000	218 000
Total Current Debt	1 547 000	1 135 000	906 000	1 233 000
Total Equity and Debt	3 044 000	2 740 000	2 565 000	3 021 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,92 %	21,09 %	16,46 %	22,57 %
Debt-to-Equity Ratio	0	0,01	0,06	0,11
Operating Profit Margin	7,09 %	9,92 %	7,31 %	8,76 %
Current Ratio	1,78	2,2	2,5	2,15
Quick Ratio	3,31	6,74	24,91	6,03
Equity Ratio	0,49	0,58	0,61	0,53
Gross Profit Margin	40,32 %	47,02 %	42,57 %	46,05 %