SARENS AS

7714 STEINKJER

Finances

Share Ownership

Return on Equity

12,03 %

Current Ratio

2,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 335 000	132 915 000	122 714 000	109 746 000
Net Income	1 783 000	7 969 000	−407 000	−3 847 000
Total Assets	23 651 000	55 224 000	87 480 000	72 687 000
Total Equity	14 825 000	13 042 000	5 073 000	5 480 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 335 000	132 915 000	122 714 000	109 746 000
Expenditure	45 200 000	121 368 000	124 028 000	114 460 000
Operating Profit	1 136 000	11 547 000	−1 314 000	−4 715 000
Financial Income	1 545 000	1 000	1 171 000	902 000
Financial Costs	898 000	3 578 000	264 000	35 000
Financial Balance	647 000	−3 577 000	907 000	867 000
Earnings Before Tax	1 783 000	7 969 000	−407 000	−3 847 000
Tax	0	0	0	0
Net Income	1 783 000	7 969 000	−407 000	−3 847 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 811 000	5 013 000	3 653 000	4 006 000
Total Current Assets	18 840 000	50 212 000	83 827 000	68 681 000
Total Assets	23 651 000	55 224 000	87 480 000	72 687 000
Total Retained Equity	9 752 000	7 969 000	0	0
Total Equity	14 825 000	13 042 000	5 073 000	5 480 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 826 000	42 182 000	82 407 000	67 207 000
Total Equity and Debt	23 651 000	55 224 000	87 480 000	72 687 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 335 000	132 113 000	122 662 000	109 737 000
Other Income	0	802 000	52 000	9 000
Revenue	46 335 000	132 915 000	122 714 000	109 746 000
Cost of Goods Sold	22 077 000	96 480 000	103 647 000	88 150 000
Salary Costs	16 813 000	15 661 000	14 743 000	17 554 000
Depreciation	557 000	264 000	511 000	600 000
Impairment	0	0	0	0
Expenditure	45 200 000	121 368 000	124 028 000	114 460 000
Operating Profit	1 136 000	11 547 000	−1 314 000	−4 715 000
Financial Income	1 545 000	1 000	1 171 000	902 000
Financial Costs	898 000	3 578 000	264 000	35 000
Financial Balance	647 000	−3 577 000	907 000	867 000
Dividends	0	0	0	0
Net Income	1 783 000	7 969 000	−407 000	−3 847 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 882 000	3 048 000	3 214 000	3 380 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 928 000	1 964 000	439 000	626 000
Total Tangible Assets	4 811 000	5 013 000	3 653 000	4 006 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 811 000	5 013 000	3 653 000	4 006 000
Stock	1 117 000	1 117 000	27 000	114 000
Total Investments	0	0	0	0
Cash, Bank	1 456 000	14 626 000	39 753 000	17 271 000
Total Current Assets	18 840 000	50 212 000	83 827 000	68 681 000
Total Assets	23 651 000	55 224 000	87 480 000	72 687 000
Total Equity	14 825 000	13 042 000	5 073 000	5 480 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 454 000	35 808 000	77 565 000	29 211 000
Unpaid Taxes	1 504 000	941 000	2 493 000	5 284 000
Dividends	0	0	0	0
Other Current Debt	3 868 000	5 434 000	2 349 000	32 713 000
Total Current Debt	8 826 000	42 182 000	82 407 000	67 207 000
Total Equity and Debt	23 651 000	55 224 000	87 480 000	72 687 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,03 %	61,1 %	−8,02 %	−70,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,45 %	8,69 %	−1,07 %	−4,3 %
Current Ratio	2,13	1,19	1,02	1,02
Quick Ratio	2,44	1,22	1,02	1,02
Equity Ratio	0,63	0,24	0,06	0,08
Gross Profit Margin	52,35 %	27,41 %	15,54 %	19,68 %