SAGÅSEN AS

1970 HEMNES

Finances

Share Ownership

Return on Equity

−27,43 %

Current Ratio

3,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	168 000	1 652 000	586 000	496 000
Net Income	−237 000	877 000	152 000	54 000
Total Assets	1 030 000	1 973 000	1 585 000	2 293 000
Total Equity	864 000	1 551 000	674 000	522 000

Income (NOK)	2022	2021	2020	2019
Revenue	168 000	1 652 000	586 000	496 000
Expenditure	416 000	508 000	410 000	364 000
Operating Profit	−248 000	1 144 000	176 000	132 000
Financial Income	1 000	0	4 000	7 000
Financial Costs	1 000	21 000	28 000	85 000
Financial Balance	0	−21 000	−24 000	−78 000
Earnings Before Tax	−247 000	1 123 000	152 000	54 000
Tax	−11 000	246 000	0	0
Net Income	−237 000	877 000	152 000	54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	437 000	551 000	1 115 000	1 991 000
Total Current Assets	593 000	1 423 000	470 000	302 000
Total Assets	1 030 000	1 973 000	1 585 000	2 293 000
Total Retained Equity	759 000	1 446 000	569 000	417 000
Total Equity	864 000	1 551 000	674 000	522 000
Total Long-Term Debt	0	11 000	694 000	1 525 000
Total Current Debt	166 000	411 000	217 000	246 000
Total Equity and Debt	1 030 000	1 973 000	1 585 000	2 293 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	125 000	1 616 000	507 000	396 000
Other Income	44 000	36 000	79 000	100 000
Revenue	168 000	1 652 000	586 000	496 000
Cost of Goods Sold	40 000	0	113 000	52 000
Salary Costs	0	0	0	0
Depreciation	114 000	114 000	104 000	94 000
Impairment	0	0	0	0
Expenditure	416 000	508 000	410 000	364 000
Operating Profit	−248 000	1 144 000	176 000	132 000
Financial Income	1 000	0	4 000	7 000
Financial Costs	1 000	21 000	28 000	85 000
Financial Balance	0	−21 000	−24 000	−78 000
Dividends	0	0	0	0
Net Income	−237 000	877 000	152 000	54 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	177 000	177 000	695 000	1 514 000
Machinery and Plant Facilities	165 000	237 000	309 000	382 000
Fixtures	95 000	136 000	110 000	95 000
Total Tangible Assets	437 000	551 000	1 115 000	1 991 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	437 000	551 000	1 115 000	1 991 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	466 000	1 289 000	325 000	93 000
Total Current Assets	593 000	1 423 000	470 000	302 000
Total Assets	1 030 000	1 973 000	1 585 000	2 293 000
Total Equity	864 000	1 551 000	674 000	522 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	11 000	694 000	1 525 000
Creditors	−11 000	11 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	177 000	165 000	217 000	246 000
Total Current Debt	166 000	411 000	217 000	246 000
Total Equity and Debt	1 030 000	1 973 000	1 585 000	2 293 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,43 %	56,54 %	22,55 %	10,34 %
Debt-to-Equity Ratio	0	0,01	1,03	2,92
Operating Profit Margin	−147,62 %	69,25 %	30,03 %	26,61 %
Current Ratio	3,57	3,46	2,17	1,23
Quick Ratio	3,57	3,46	2,17	1,23
Equity Ratio	0,84	0,79	0,43	0,23
Gross Profit Margin	76,19 %	100 %	80,72 %	89,52 %