SAO INVEST AS

6900 FLORØ

Finances

Return on Equity

126,59 %

Current Ratio

2,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	835 000	8 741 000	86 000	0
Net Income	4 128 000	966 000	−133 000	−93 000
Total Assets	5 181 000	3 178 000	20 000	10 000
Total Equity	3 261 000	−866 000	−1 833 000	−1 700 000

Income (NOK)	2022	2021	2020	2019
Revenue	835 000	8 741 000	86 000	0
Expenditure	−2 684 000	6 778 000	119 000	−2 000
Operating Profit	3 518 000	1 963 000	−33 000	2 000
Financial Income	3 000	3 000	2 000	0
Financial Costs	−688 000	801 000	102 000	94 000
Financial Balance	691 000	−798 000	−100 000	−94 000
Earnings Before Tax	4 210 000	1 165 000	−133 000	−93 000
Tax	82 000	199 000	0	0
Net Income	4 128 000	966 000	−133 000	−93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 257 000	10 000	10 000	10 000
Total Current Assets	3 923 000	3 168 000	10 000	0
Total Assets	5 181 000	3 178 000	20 000	10 000
Total Retained Equity	2 861 000	−1 266 000	−2 233 000	−2 100 000
Total Equity	3 261 000	−866 000	−1 833 000	−1 700 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 919 000	4 045 000	1 853 000	1 710 000
Total Equity and Debt	5 181 000	3 178 000	20 000	10 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	652 000	8 741 000	86 000	0
Other Income	183 000	0	0	0
Revenue	835 000	8 741 000	86 000	0
Cost of Goods Sold	152 000	7 399 000	0	0
Salary Costs	0	0	0	0
Depreciation	37 000	0	0	0
Impairment	0	0	0	0
Expenditure	−2 684 000	6 778 000	119 000	−2 000
Operating Profit	3 518 000	1 963 000	−33 000	2 000
Financial Income	3 000	3 000	2 000	0
Financial Costs	−688 000	801 000	102 000	94 000
Financial Balance	691 000	−798 000	−100 000	−94 000
Dividends	0	0	0	0
Net Income	4 128 000	966 000	−133 000	−93 000

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	168 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	168 000	0	0	0
Total Fiancial Fixed Assets	1 090 000	10 000	10 000	10 000
Total Fixed Assets	1 257 000	10 000	10 000	10 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	407 000	0	0
Total Current Assets	3 923 000	3 168 000	10 000	0
Total Assets	5 181 000	3 178 000	20 000	10 000
Total Equity	3 261 000	−866 000	−1 833 000	−1 700 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	1 178 000	28 000	65 000
Unpaid Taxes	0	313 000	67 000	46 000
Dividends	0	0	0	0
Other Current Debt	744 000	1 131 000	180 000	181 000
Total Current Debt	1 919 000	4 045 000	1 853 000	1 710 000
Total Equity and Debt	5 181 000	3 178 000	20 000	10 000

Financial indicators	2022	2021	2020	2019
Return on Equity	126,59 %	−111,55 %	7,26 %	5,47 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	421,32 %	22,46 %	−38,37 %	-
Current Ratio	2,04	0,78	0,01	0
Quick Ratio	2,04	0,78	0,01	0
Equity Ratio	0,63	−0,27	−91,65	−170
Gross Profit Margin	81,8 %	15,35 %	100 %	-