SÆTERÅSEN SAG OG HØVLERI AS

9402 HARSTAD

Finances

Share Ownership

Return on Equity

26,31 %

Current Ratio

2,24

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 493 000	6 113 000	4 782 000	3 610 000
Net Income	633 000	922 000	772 000	632 000
Total Assets	3 809 000	3 312 000	2 679 000	1 788 000
Total Equity	2 406 000	1 773 000	851 000	79 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 493 000	6 113 000	4 782 000	3 610 000
Expenditure	4 687 000	4 005 000	3 763 000	2 848 000
Operating Profit	805 000	1 210 000	1 025 000	690 000
Financial Income	37 000	7 000	7 000	9 000
Financial Costs	30 000	36 000	56 000	68 000
Financial Balance	7 000	−29 000	−49 000	−59 000
Earnings Before Tax	812 000	1 182 000	977 000	632 000
Tax	179 000	260 000	205 000	0
Net Income	633 000	922 000	772 000	632 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 817 000	1 010 000	793 000	613 000
Total Current Assets	1 992 000	2 302 000	1 886 000	1 175 000
Total Assets	3 809 000	3 312 000	2 679 000	1 788 000
Total Retained Equity	2 256 000	1 623 000	701 000	−71 000
Total Equity	2 406 000	1 773 000	851 000	79 000
Total Long-Term Debt	513 000	601 000	719 000	1 123 000
Total Current Debt	890 000	938 000	1 109 000	586 000
Total Equity and Debt	3 809 000	3 312 000	2 679 000	1 788 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 485 000	6 005 000	4 773 000	3 602 000
Other Income	8 000	108 000	8 000	8 000
Revenue	5 493 000	6 113 000	4 782 000	3 610 000
Cost of Goods Sold	1 903 000	1 085 000	1 384 000	1 254 000
Salary Costs	1 688 000	1 781 000	1 386 000	764 000
Depreciation	192 000	129 000	60 000	65 000
Impairment	0	0	0	0
Expenditure	4 687 000	4 005 000	3 763 000	2 848 000
Operating Profit	805 000	1 210 000	1 025 000	690 000
Financial Income	37 000	7 000	7 000	9 000
Financial Costs	30 000	36 000	56 000	68 000
Financial Balance	7 000	−29 000	−49 000	−59 000
Dividends	0	0	0	0
Net Income	633 000	922 000	772 000	632 000

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	1 816 000	1 009 000	792 000	612 000
Total Tangible Assets	1 816 000	1 009 000	792 000	612 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	1 817 000	1 010 000	793 000	613 000
Stock	672 000	627 000	643 000	654 000
Total Investments	0	0	0	0
Cash, Bank	1 213 000	1 448 000	686 000	25 000
Total Current Assets	1 992 000	2 302 000	1 886 000	1 175 000
Total Assets	3 809 000	3 312 000	2 679 000	1 788 000
Total Equity	2 406 000	1 773 000	851 000	79 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	513 000	601 000	719 000	1 123 000
Creditors	108 000	65 000	48 000	102 000
Unpaid Taxes	115 000	94 000	225 000	196 000
Dividends	0	0	0	0
Other Current Debt	515 000	544 000	706 000	104 000
Total Current Debt	890 000	938 000	1 109 000	586 000
Total Equity and Debt	3 809 000	3 312 000	2 679 000	1 788 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,31 %	52 %	90,72 %	800 %
Debt-to-Equity Ratio	0,21	0,34	0,84	14,22
Operating Profit Margin	14,66 %	19,79 %	21,43 %	19,11 %
Current Ratio	2,24	2,45	1,7	2,01
Quick Ratio	9,14	7,4	4,05	−17,28
Equity Ratio	0,63	0,54	0,32	0,04
Gross Profit Margin	65,36 %	82,25 %	71,06 %	65,26 %