SAGA MANAGEMENT AS

0252 OSLO

Finances

Return on Equity

72 %

Current Ratio

2,27

Debt-to-Equity Ratio

−1,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	334 000	994 000	3 087 000
Net Income	−144 000	−65 000	−475 000	547 000
Total Assets	82 000	66 000	354 000	1 434 000
Total Equity	−200 000	−56 000	9 000	484 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	334 000	994 000	3 087 000
Expenditure	144 000	398 000	961 000	2 540 000
Operating Profit	−144 000	−64 000	32 000	548 000
Financial Income	0	0	0	0
Financial Costs	0	0	500 000	0
Financial Balance	0	0	−500 000	0
Earnings Before Tax	−144 000	−65 000	−468 000	548 000
Tax	0	0	7 000	1 000
Net Income	−144 000	−65 000	−475 000	547 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	0	0	500 000
Total Current Assets	50 000	66 000	354 000	934 000
Total Assets	82 000	66 000	354 000	1 434 000
Total Retained Equity	−380 000	−236 000	−171 000	304 000
Total Equity	−200 000	−56 000	9 000	484 000
Total Long-Term Debt	260 000	100 000	150 000	150 000
Total Current Debt	22 000	22 000	195 000	800 000
Total Equity and Debt	82 000	66 000	354 000	1 434 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	334 000	970 000	2 988 000
Other Income	0	0	24 000	99 000
Revenue	0	334 000	994 000	3 087 000
Cost of Goods Sold	0	0	33 000	36 000
Salary Costs	52 000	107 000	177 000	1 562 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	144 000	398 000	961 000	2 540 000
Operating Profit	−144 000	−64 000	32 000	548 000
Financial Income	0	0	0	0
Financial Costs	0	0	500 000	0
Financial Balance	0	0	−500 000	0
Dividends	0	0	0	0
Net Income	−144 000	−65 000	−475 000	547 000

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	33 000	0	0	500 000
Total Fixed Assets	33 000	0	0	500 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 000	27 000	233 000	702 000
Total Current Assets	50 000	66 000	354 000	934 000
Total Assets	82 000	66 000	354 000	1 434 000
Total Equity	−200 000	−56 000	9 000	484 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	260 000	100 000	150 000	150 000
Creditors	21 000	14 000	58 000	23 000
Unpaid Taxes	1 000	7 000	114 000	619 000
Dividends	0	0	0	0
Other Current Debt	0	1 000	15 000	157 000
Total Current Debt	22 000	22 000	195 000	800 000
Total Equity and Debt	82 000	66 000	354 000	1 434 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72 %	116,07 %	−5 277,78 %	113,02 %
Debt-to-Equity Ratio	−1,3	−1,79	16,67	0,31
Operating Profit Margin	-	−19,16 %	3,22 %	17,75 %
Current Ratio	2,27	3	1,82	1,17
Quick Ratio	2,27	3	1,82	1,17
Equity Ratio	−2,44	−0,85	0,03	0,34
Gross Profit Margin	-	100 %	96,68 %	98,83 %