SATE EIENDOM AS

4020 STAVANGER

Finances

Return on Equity

8,08 %

Current Ratio

0,24

Debt-to-Equity Ratio

3,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 095 000	3 959 000	3 943 000	3 967 000
Net Income	1 192 000	1 193 000	2 346 000	700 000
Total Assets	68 063 000	68 557 000	68 292 000	73 072 000
Total Equity	14 760 000	13 759 000	12 567 000	10 220 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 095 000	3 959 000	3 943 000	3 967 000
Expenditure	1 044 000	1 048 000	991 000	1 029 000
Operating Profit	3 052 000	2 911 000	2 952 000	2 938 000
Financial Income	0	0	1 200 000	0
Financial Costs	1 524 000	1 385 000	1 483 000	1 940 000
Financial Balance	−1 524 000	−1 385 000	−283 000	−1 940 000
Earnings Before Tax	1 527 000	1 526 000	2 669 000	998 000
Tax	335 000	334 000	322 000	298 000
Net Income	1 192 000	1 193 000	2 346 000	700 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	67 626 000	67 947 000	67 902 000	72 602 000
Total Current Assets	437 000	609 000	390 000	470 000
Total Assets	68 063 000	68 557 000	68 292 000	73 072 000
Total Retained Equity	6 960 000	5 959 000	4 767 000	2 420 000
Total Equity	14 760 000	13 759 000	12 567 000	10 220 000
Total Long-Term Debt	51 516 000	52 970 000	54 399 000	54 807 000
Total Current Debt	1 787 000	1 827 000	1 326 000	8 044 000
Total Equity and Debt	68 063 000	68 557 000	68 292 000	73 072 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 095 000	3 877 000	3 862 000	3 885 000
Other Income	0	82 000	82 000	82 000
Revenue	4 095 000	3 959 000	3 943 000	3 967 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	11 000	4 000	0	0
Impairment	0	0	0	0
Expenditure	1 044 000	1 048 000	991 000	1 029 000
Operating Profit	3 052 000	2 911 000	2 952 000	2 938 000
Financial Income	0	0	1 200 000	0
Financial Costs	1 524 000	1 385 000	1 483 000	1 940 000
Financial Balance	−1 524 000	−1 385 000	−283 000	−1 940 000
Dividends	0	0	0	0
Net Income	1 192 000	1 193 000	2 346 000	700 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	65 076 000	65 402 000	65 402 000	65 402 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	51 000	45 000	0	0
Total Tangible Assets	65 126 000	65 447 000	65 402 000	65 402 000
Total Fiancial Fixed Assets	2 500 000	2 500 000	2 500 000	7 200 000
Total Fixed Assets	67 626 000	67 947 000	67 902 000	72 602 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	235 000	408 000	214 000	293 000
Total Current Assets	437 000	609 000	390 000	470 000
Total Assets	68 063 000	68 557 000	68 292 000	73 072 000
Total Equity	14 760 000	13 759 000	12 567 000	10 220 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	51 516 000	52 970 000	54 399 000	54 807 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 505 000	1 493 000	1 004 000	7 001 000
Total Current Debt	1 787 000	1 827 000	1 326 000	8 044 000
Total Equity and Debt	68 063 000	68 557 000	68 292 000	73 072 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,08 %	8,67 %	18,67 %	6,85 %
Debt-to-Equity Ratio	3,49	3,85	4,33	5,36
Operating Profit Margin	74,53 %	73,53 %	74,87 %	74,06 %
Current Ratio	0,24	0,33	0,29	0,06
Quick Ratio	0,24	0,33	0,29	0,06
Equity Ratio	0,22	0,2	0,18	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %