SACCO OF NORWAY AS

6793 INNVIK

Finances

Share Ownership

Return on Equity

25,01 %

Current Ratio

1,17

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 893 000	11 367 000	8 593 000	6 531 000
Net Income	733 000	1 095 000	1 081 000	453 000
Total Assets	6 193 000	6 721 000	5 107 000	4 766 000
Total Equity	2 931 000	2 897 000	2 403 000	2 422 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 893 000	11 367 000	8 593 000	6 531 000
Expenditure	7 871 000	9 890 000	7 155 000	5 903 000
Operating Profit	1 022 000	1 477 000	1 438 000	628 000
Financial Income	17 000	7 000	15 000	3 000
Financial Costs	98 000	66 000	51 000	65 000
Financial Balance	−81 000	−59 000	−36 000	−62 000
Earnings Before Tax	941 000	1 417 000	1 402 000	566 000
Tax	208 000	322 000	322 000	113 000
Net Income	733 000	1 095 000	1 081 000	453 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 458 000	2 385 000	2 455 000	2 491 000
Total Current Assets	3 735 000	4 337 000	2 652 000	2 274 000
Total Assets	6 193 000	6 721 000	5 107 000	4 766 000
Total Retained Equity	1 931 000	1 897 000	1 403 000	1 422 000
Total Equity	2 931 000	2 897 000	2 403 000	2 422 000
Total Long-Term Debt	70 000	192 000	320 000	263 000
Total Current Debt	3 192 000	3 632 000	2 384 000	2 081 000
Total Equity and Debt	6 193 000	6 721 000	5 107 000	4 766 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 893 000	11 367 000	8 593 000	6 531 000
Other Income	0	0	0	0
Revenue	8 893 000	11 367 000	8 593 000	6 531 000
Cost of Goods Sold	3 882 000	5 014 000	3 321 000	2 602 000
Salary Costs	0	0	0	0
Depreciation	131 000	131 000	156 000	162 000
Impairment	0	0	0	0
Expenditure	7 871 000	9 890 000	7 155 000	5 903 000
Operating Profit	1 022 000	1 477 000	1 438 000	628 000
Financial Income	17 000	7 000	15 000	3 000
Financial Costs	98 000	66 000	51 000	65 000
Financial Balance	−81 000	−59 000	−36 000	−62 000
Dividends	0	0	0	0
Net Income	733 000	1 095 000	1 081 000	453 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 626 000	1 634 000	1 626 000	1 647 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	832 000	751 000	828 000	845 000
Total Tangible Assets	832 000	751 000	828 000	845 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 458 000	2 385 000	2 455 000	2 491 000
Stock	2 269 000	2 224 000	325 000	735 000
Total Investments	0	0	0	0
Cash, Bank	17 000	3 000	1 272 000	13 000
Total Current Assets	3 735 000	4 337 000	2 652 000	2 274 000
Total Assets	6 193 000	6 721 000	5 107 000	4 766 000
Total Equity	2 931 000	2 897 000	2 403 000	2 422 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	70 000	192 000	320 000	263 000
Creditors	705 000	1 133 000	547 000	546 000
Unpaid Taxes	341 000	437 000	354 000	257 000
Dividends	0	0	0	0
Other Current Debt	799 000	803 000	1 183 000	871 000
Total Current Debt	3 192 000	3 632 000	2 384 000	2 081 000
Total Equity and Debt	6 193 000	6 721 000	5 107 000	4 766 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,01 %	37,8 %	44,99 %	18,7 %
Debt-to-Equity Ratio	0,02	0,07	0,13	0,11
Operating Profit Margin	11,49 %	12,99 %	16,73 %	9,62 %
Current Ratio	1,17	1,19	1,11	1,09
Quick Ratio	4,05	3,08	1,29	1,69
Equity Ratio	0,47	0,43	0,47	0,51
Gross Profit Margin	56,35 %	55,89 %	61,35 %	60,16 %