SETESDALSHYTTA ENTREPRENØR AS

4755 HOVDEN I SETESDAL

Finances

Share Ownership

Return on Equity

7,13 %

Current Ratio

7,76

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 938 000	37 110 000	28 711 000	37 872 000
Net Income	432 000	1 315 000	1 101 000	899 000
Total Assets	7 448 000	18 484 000	18 809 000	18 841 000
Total Equity	6 060 000	5 627 000	4 313 000	3 212 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 938 000	37 110 000	28 711 000	37 872 000
Expenditure	26 320 000	35 274 000	27 212 000	36 599 000
Operating Profit	618 000	1 835 000	1 499 000	1 273 000
Financial Income	0	1 000	0	5 000
Financial Costs	50 000	146 000	87 000	126 000
Financial Balance	−50 000	−145 000	−87 000	−121 000
Earnings Before Tax	567 000	1 690 000	1 412 000	1 152 000
Tax	135 000	375 000	311 000	253 000
Net Income	432 000	1 315 000	1 101 000	899 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	150 000	206 000	233 000	309 000
Total Current Assets	7 299 000	18 278 000	18 576 000	18 532 000
Total Assets	7 448 000	18 484 000	18 809 000	18 841 000
Total Retained Equity	5 825 000	5 392 000	4 078 000	2 977 000
Total Equity	6 060 000	5 627 000	4 313 000	3 212 000
Total Long-Term Debt	449 000	648 000	852 000	1 007 000
Total Current Debt	940 000	12 209 000	13 645 000	14 623 000
Total Equity and Debt	7 448 000	18 484 000	18 809 000	18 841 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 596 000	37 110 000	28 575 000	37 867 000
Other Income	342 000	0	136 000	5 000
Revenue	26 938 000	37 110 000	28 711 000	37 872 000
Cost of Goods Sold	11 843 000	21 544 000	16 417 000	20 878 000
Salary Costs	10 465 000	9 823 000	7 852 000	10 755 000
Depreciation	97 000	88 000	76 000	76 000
Impairment	0	0	0	0
Expenditure	26 320 000	35 274 000	27 212 000	36 599 000
Operating Profit	618 000	1 835 000	1 499 000	1 273 000
Financial Income	0	1 000	0	5 000
Financial Costs	50 000	146 000	87 000	126 000
Financial Balance	−50 000	−145 000	−87 000	−121 000
Dividends	0	0	0	0
Net Income	432 000	1 315 000	1 101 000	899 000

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	150 000	206 000	217 000	293 000
Total Tangible Assets	150 000	206 000	217 000	293 000
Total Fiancial Fixed Assets	0	0	16 000	16 000
Total Fixed Assets	150 000	206 000	233 000	309 000
Stock	5 492 000	3 899 000	5 028 000	9 725 000
Total Investments	0	0	0	0
Cash, Bank	1 080 000	875 000	564 000	851 000
Total Current Assets	7 299 000	18 278 000	18 576 000	18 532 000
Total Assets	7 448 000	18 484 000	18 809 000	18 841 000
Total Equity	6 060 000	5 627 000	4 313 000	3 212 000
Short-Term Group Debt	0	0	0	860 000
Total Long-Term Debt	449 000	648 000	852 000	1 007 000
Creditors	3 071 000	2 965 000	3 623 000	4 690 000
Unpaid Taxes	529 000	2 771 000	2 920 000	1 411 000
Dividends	0	0	0	0
Other Current Debt	−2 795 000	6 094 000	6 785 000	7 594 000
Total Current Debt	940 000	12 209 000	13 645 000	14 623 000
Total Equity and Debt	7 448 000	18 484 000	18 809 000	18 841 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,13 %	23,37 %	25,53 %	27,99 %
Debt-to-Equity Ratio	0,07	0,12	0,2	0,31
Operating Profit Margin	2,29 %	4,94 %	5,22 %	3,36 %
Current Ratio	7,76	1,5	1,36	1,27
Quick Ratio	−1,6	2,2	2,16	3,78
Equity Ratio	0,81	0,3	0,23	0,17
Gross Profit Margin	56,04 %	41,95 %	42,82 %	44,87 %