SÆPLAST NORWAY AS

6020 ÅLESUND

Finances

Share Ownership

Return on Equity

66,42 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	54 242 000	32 932 000	41 276 000	28 943 000
Net Income	4 289 000	1 634 000	2 077 000	978 000
Total Assets	19 244 000	23 018 000	17 721 000	17 063 000
Total Equity	6 457 000	4 869 000	9 818 000	7 740 000

Income (NOK)	2022	2021	2020	2019
Revenue	54 242 000	32 932 000	41 276 000	28 943 000
Expenditure	48 684 000	31 142 000	38 212 000	27 763 000
Operating Profit	5 559 000	1 789 000	3 065 000	1 181 000
Financial Income	19 000	806 000	637 000	359 000
Financial Costs	72 000	495 000	1 027 000	278 000
Financial Balance	−53 000	311 000	−390 000	81 000
Earnings Before Tax	5 506 000	2 100 000	2 675 000	1 262 000
Tax	1 218 000	466 000	597 000	284 000
Net Income	4 289 000	1 634 000	2 077 000	978 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	59 000	46 000	51 000	46 000
Total Current Assets	19 185 000	22 972 000	17 670 000	17 017 000
Total Assets	19 244 000	23 018 000	17 721 000	17 063 000
Total Retained Equity	4 292 000	2 704 000	7 653 000	5 575 000
Total Equity	6 457 000	4 869 000	9 818 000	7 740 000
Total Long-Term Debt	0	7 725 000	1 487 000	3 344 000
Total Current Debt	12 787 000	10 425 000	6 416 000	5 979 000
Total Equity and Debt	19 244 000	23 018 000	17 721 000	17 063 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	54 242 000	32 932 000	41 276 000	28 943 000
Other Income	0	0	0	0
Revenue	54 242 000	32 932 000	41 276 000	28 943 000
Cost of Goods Sold	43 552 000	25 819 000	31 886 000	23 329 000
Salary Costs	2 092 000	1 626 000	2 190 000	1 519 000
Depreciation	0	0	0	14 000
Impairment	0	0	0	0
Expenditure	48 684 000	31 142 000	38 212 000	27 763 000
Operating Profit	5 559 000	1 789 000	3 065 000	1 181 000
Financial Income	19 000	806 000	637 000	359 000
Financial Costs	72 000	495 000	1 027 000	278 000
Financial Balance	−53 000	311 000	−390 000	81 000
Dividends	2 700 000	6 583 000	0	0
Net Income	4 289 000	1 634 000	2 077 000	978 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	59 000	46 000	51 000	46 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	59 000	46 000	51 000	46 000
Stock	10 447 000	10 806 000	5 655 000	4 569 000
Total Investments	0	0	0	0
Cash, Bank	5 837 000	37 000	37 000	7 123 000
Total Current Assets	19 185 000	22 972 000	17 670 000	17 017 000
Total Assets	19 244 000	23 018 000	17 721 000	17 063 000
Total Equity	6 457 000	4 869 000	9 818 000	7 740 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	7 725 000	1 487 000	3 344 000
Creditors	8 374 000	7 792 000	4 090 000	2 691 000
Unpaid Taxes	2 920 000	1 569 000	1 676 000	1 627 000
Dividends	2 700 000	6 583 000	0	0
Other Current Debt	263 000	263 000	246 000	916 000
Total Current Debt	12 787 000	10 425 000	6 416 000	5 979 000
Total Equity and Debt	19 244 000	23 018 000	17 721 000	17 063 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,42 %	33,56 %	21,16 %	12,64 %
Debt-to-Equity Ratio	0	1,59	0,15	0,43
Operating Profit Margin	10,25 %	5,43 %	7,43 %	4,08 %
Current Ratio	1,5	2,2	2,75	2,85
Quick Ratio	8,2	−60,29	23,22	12,07
Equity Ratio	0,34	0,21	0,55	0,45
Gross Profit Margin	19,71 %	21,6 %	22,75 %	19,4 %