SÆTHEREN HOLDING AS

3516 HØNEFOSS

Finances

Return on Equity

31,62 %

Current Ratio

1,28

Debt-to-Equity Ratio

1,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	99 409 000	96 436 000	102 008 000	102 296 000
Net Income	4 184 000	1 715 000	−1 960 000	8 379 000
Total Assets	57 293 000	64 993 000	71 020 000	67 575 000
Total Equity	13 231 000	9 647 000	15 932 000	18 892 000

Income (NOK)	2022	2021	2020	2019
Revenue	99 409 000	96 436 000	102 008 000	102 296 000
Expenditure	94 772 000	93 473 000	107 369 000	89 081 000
Operating Profit	4 636 000	2 963 000	−5 362 000	13 215 000
Financial Income	1 433 000	46 000	3 182 000	18 000
Financial Costs	1 105 000	810 000	1 145 000	1 131 000
Financial Balance	328 000	−764 000	2 037 000	−1 113 000
Earnings Before Tax	4 965 000	2 199 000	−3 325 000	12 102 000
Tax	781 000	483 000	−1 365 000	3 723 000
Net Income	4 184 000	1 715 000	−1 960 000	8 379 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 837 000	32 990 000	30 210 000	28 714 000
Total Current Assets	25 456 000	32 003 000	40 810 000	38 861 000
Total Assets	57 293 000	64 993 000	71 020 000	67 575 000
Total Retained Equity	12 002 000	8 418 000	14 702 000	17 663 000
Total Equity	13 231 000	9 647 000	15 932 000	18 892 000
Total Long-Term Debt	24 112 000	22 367 000	24 337 000	20 204 000
Total Current Debt	19 951 000	32 979 000	30 750 000	28 479 000
Total Equity and Debt	57 293 000	64 993 000	71 020 000	67 575 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	96 653 000	96 436 000	100 589 000	102 296 000
Other Income	2 755 000	0	1 418 000	0
Revenue	99 409 000	96 436 000	102 008 000	102 296 000
Cost of Goods Sold	51 088 000	51 746 000	66 124 000	50 531 000
Salary Costs	26 143 000	27 345 000	26 632 000	24 453 000
Depreciation	2 001 000	1 790 000	1 446 000	1 350 000
Impairment	0	0	0	0
Expenditure	94 772 000	93 473 000	107 369 000	89 081 000
Operating Profit	4 636 000	2 963 000	−5 362 000	13 215 000
Financial Income	1 433 000	46 000	3 182 000	18 000
Financial Costs	1 105 000	810 000	1 145 000	1 131 000
Financial Balance	328 000	−764 000	2 037 000	−1 113 000
Dividends	600 000	0	1 000 000	3 000 000
Net Income	4 184 000	1 715 000	−1 960 000	8 379 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	27 608 000	28 222 000	25 914 000	23 677 000
Machinery and Plant Facilities	2 004 000	1 816 000	2 502 000	1 745 000
Fixtures	1 618 000	1 861 000	928 000	891 000
Total Tangible Assets	31 229 000	31 899 000	29 343 000	26 312 000
Total Fiancial Fixed Assets	608 000	1 091 000	867 000	2 402 000
Total Fixed Assets	31 837 000	32 990 000	30 210 000	28 714 000
Stock	6 526 000	6 582 000	5 312 000	4 405 000
Total Investments	0	0	0	0
Cash, Bank	11 566 000	7 242 000	9 593 000	8 022 000
Total Current Assets	25 456 000	32 003 000	40 810 000	38 861 000
Total Assets	57 293 000	64 993 000	71 020 000	67 575 000
Total Equity	13 231 000	9 647 000	15 932 000	18 892 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 112 000	22 367 000	24 337 000	20 204 000
Creditors	4 411 000	5 500 000	8 931 000	5 885 000
Unpaid Taxes	4 698 000	4 588 000	6 171 000	6 807 000
Dividends	600 000	0	1 000 000	3 000 000
Other Current Debt	9 447 000	20 804 000	14 220 000	7 662 000
Total Current Debt	19 951 000	32 979 000	30 750 000	28 479 000
Total Equity and Debt	57 293 000	64 993 000	71 020 000	67 575 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,62 %	17,78 %	−12,3 %	44,35 %
Debt-to-Equity Ratio	1,82	2,32	1,53	1,07
Operating Profit Margin	4,66 %	3,07 %	−5,26 %	12,92 %
Current Ratio	1,28	0,97	1,33	1,36
Quick Ratio	1,9	1,21	1,6	1,61
Equity Ratio	0,23	0,15	0,22	0,28
Gross Profit Margin	48,61 %	46,34 %	35,18 %	50,6 %