SARECO AS

5515 HAUGESUND

Finances

Return on Equity

4 %

Current Ratio

−2 354,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	2 397 000	2 209 000
Net Income	377 000	768 000	525 000	1 860 000
Total Assets	9 417 000	9 044 000	9 351 000	9 343 000
Total Equity	9 421 000	9 044 000	8 276 000	8 251 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	2 397 000	2 209 000
Expenditure	41 000	12 000	1 340 000	862 000
Operating Profit	−41 000	−12 000	1 057 000	1 347 000
Financial Income	420 000	984 000	144 000	829 000
Financial Costs	0	200 000	429 000	0
Financial Balance	420 000	784 000	−285 000	829 000
Earnings Before Tax	379 000	772 000	771 000	2 177 000
Tax	2 000	4 000	246 000	317 000
Net Income	377 000	768 000	525 000	1 860 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	718 000	718 000
Total Current Assets	9 417 000	9 044 000	8 632 000	8 624 000
Total Assets	9 417 000	9 044 000	9 351 000	9 343 000
Total Retained Equity	9 391 000	9 014 000	8 246 000	8 221 000
Total Equity	9 421 000	9 044 000	8 276 000	8 251 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	−4 000	−1 000	1 075 000	1 092 000
Total Equity and Debt	9 417 000	9 044 000	9 351 000	9 343 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	2 397 000	2 209 000
Other Income	0	0	0	0
Revenue	0	0	2 397 000	2 209 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	1 236 000	773 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	41 000	12 000	1 340 000	862 000
Operating Profit	−41 000	−12 000	1 057 000	1 347 000
Financial Income	420 000	984 000	144 000	829 000
Financial Costs	0	200 000	429 000	0
Financial Balance	420 000	784 000	−285 000	829 000
Dividends	0	0	500 000	500 000
Net Income	377 000	768 000	525 000	1 860 000

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	0	0	0	0
Total Fiancial Fixed Assets	0	0	718 000	718 000
Total Fixed Assets	0	0	718 000	718 000
Stock	0	0	0	0
Total Investments	3 132 000	2 455 000	1 950 000	2 771 000
Cash, Bank	6 285 000	6 588 000	6 683 000	5 397 000
Total Current Assets	9 417 000	9 044 000	8 632 000	8 624 000
Total Assets	9 417 000	9 044 000	9 351 000	9 343 000
Total Equity	9 421 000	9 044 000	8 276 000	8 251 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	6 000	5 000
Unpaid Taxes	−6 000	−6 000	310 000	201 000
Dividends	0	0	500 000	500 000
Other Current Debt	0	1 000	15 000	74 000
Total Current Debt	−4 000	−1 000	1 075 000	1 092 000
Total Equity and Debt	9 417 000	9 044 000	9 351 000	9 343 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4 %	8,49 %	6,34 %	22,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	44,1 %	60,98 %
Current Ratio	−2 354,25	−9 044	8,03	7,9
Quick Ratio	−2 354,25	−9 044	8,03	7,9
Equity Ratio	1	1	0,89	0,88
Gross Profit Margin	-	-	100 %	100 %