MS SAGASUND AS

6004 ÅLESUND

Finances

Share Ownership

Return on Equity

−2,84 %

Current Ratio

2,09

Debt-to-Equity Ratio

−2,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 169 000	377 000	1 035 000	7 379 000
Net Income	83 000	−613 000	−1 614 000	225 000
Total Assets	3 655 000	3 533 000	3 772 000	4 879 000
Total Equity	−2 923 000	−3 006 000	−2 393 000	−779 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 169 000	377 000	1 035 000	7 379 000
Expenditure	4 200 000	1 381 000	2 030 000	7 282 000
Operating Profit	−31 000	−1 004 000	−994 000	97 000
Financial Income	181 000	422 000	4 000	184 000
Financial Costs	66 000	31 000	624 000	57 000
Financial Balance	115 000	391 000	−620 000	127 000
Earnings Before Tax	83 000	−613 000	−1 614 000	225 000
Tax	0	0	0	0
Net Income	83 000	−613 000	−1 614 000	225 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000 000	2 927 000	3 134 000	3 365 000
Total Current Assets	655 000	606 000	637 000	1 514 000
Total Assets	3 655 000	3 533 000	3 772 000	4 879 000
Total Retained Equity	−3 023 000	−3 106 000	−2 493 000	−879 000
Total Equity	−2 923 000	−3 006 000	−2 393 000	−779 000
Total Long-Term Debt	6 264 000	6 462 000	6 035 000	5 460 000
Total Current Debt	314 000	77 000	129 000	198 000
Total Equity and Debt	3 655 000	3 533 000	3 772 000	4 879 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 169 000	65 000	699 000	7 379 000
Other Income	0	313 000	336 000	0
Revenue	4 169 000	377 000	1 035 000	7 379 000
Cost of Goods Sold	1 670 000	110 000	355 000	2 580 000
Salary Costs	940 000	82 000	447 000	2 245 000
Depreciation	−82 000	210 000	210 000	210 000
Impairment	0	0	0	0
Expenditure	4 200 000	1 381 000	2 030 000	7 282 000
Operating Profit	−31 000	−1 004 000	−994 000	97 000
Financial Income	181 000	422 000	4 000	184 000
Financial Costs	66 000	31 000	624 000	57 000
Financial Balance	115 000	391 000	−620 000	127 000
Dividends	0	0	0	0
Net Income	83 000	−613 000	−1 614 000	225 000

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	0	0	0	0
Total Tangible Assets	3 000 000	2 918 000	3 128 000	3 338 000
Total Fiancial Fixed Assets	0	9 000	6 000	27 000
Total Fixed Assets	3 000 000	2 927 000	3 134 000	3 365 000
Stock	304 000	354 000	386 000	364 000
Total Investments	0	0	0	0
Cash, Bank	218 000	187 000	83 000	1 062 000
Total Current Assets	655 000	606 000	637 000	1 514 000
Total Assets	3 655 000	3 533 000	3 772 000	4 879 000
Total Equity	−2 923 000	−3 006 000	−2 393 000	−779 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 264 000	6 462 000	6 035 000	5 460 000
Creditors	172 000	64 000	54 000	80 000
Unpaid Taxes	59 000	8 000	13 000	100 000
Dividends	0	0	0	0
Other Current Debt	83 000	5 000	63 000	18 000
Total Current Debt	314 000	77 000	129 000	198 000
Total Equity and Debt	3 655 000	3 533 000	3 772 000	4 879 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,84 %	20,39 %	67,45 %	−28,88 %
Debt-to-Equity Ratio	−2,14	−2,15	−2,52	−7,01
Operating Profit Margin	−0,74 %	−266,31 %	−96,04 %	1,31 %
Current Ratio	2,09	7,87	4,94	7,65
Quick Ratio	65,5	−2,19	−2,48	−9,12
Equity Ratio	−0,8	−0,85	−0,63	−0,16
Gross Profit Margin	59,94 %	70,82 %	65,7 %	65,04 %