SARES AS

8624 MO I RANA

Finances

Share Ownership

Return on Equity

66,41 %

Current Ratio

1,14

Debt-to-Equity Ratio

3,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 846 000	1 505 000	1 194 000	1 506 000
Net Income	439 000	172 000	173 000	−45 000
Total Assets	3 259 000	3 397 000	3 467 000	3 508 000
Total Equity	661 000	223 000	50 000	−123 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 846 000	1 505 000	1 194 000	1 506 000
Expenditure	1 332 000	1 289 000	901 000	1 486 000
Operating Profit	513 000	217 000	293 000	21 000
Financial Income	22 000	4 000	0	0
Financial Costs	3 000	1 000	71 000	78 000
Financial Balance	19 000	3 000	−71 000	−78 000
Earnings Before Tax	532 000	221 000	222 000	−57 000
Tax	93 000	49 000	49 000	−13 000
Net Income	439 000	172 000	173 000	−45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 061 000	3 126 000	3 190 000	3 192 000
Total Current Assets	199 000	271 000	277 000	316 000
Total Assets	3 259 000	3 397 000	3 467 000	3 508 000
Total Retained Equity	631 000	193 000	20 000	−153 000
Total Equity	661 000	223 000	50 000	−123 000
Total Long-Term Debt	2 423 000	2 967 000	3 327 000	3 208 000
Total Current Debt	175 000	207 000	89 000	423 000
Total Equity and Debt	3 259 000	3 397 000	3 467 000	3 508 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 409 000	1 322 000	1 182 000	1 161 000
Other Income	437 000	184 000	12 000	345 000
Revenue	1 846 000	1 505 000	1 194 000	1 506 000
Cost of Goods Sold	0	20 000	9 000	21 000
Salary Costs	859 000	781 000	579 000	987 000
Depreciation	65 000	65 000	2 000	6 000
Impairment	0	0	0	0
Expenditure	1 332 000	1 289 000	901 000	1 486 000
Operating Profit	513 000	217 000	293 000	21 000
Financial Income	22 000	4 000	0	0
Financial Costs	3 000	1 000	71 000	78 000
Financial Balance	19 000	3 000	−71 000	−78 000
Dividends	0	0	0	0
Net Income	439 000	172 000	173 000	−45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 056 000	3 119 000	3 183 000	3 183 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	6 000	8 000	9 000
Total Tangible Assets	3 061 000	3 126 000	3 190 000	3 192 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 061 000	3 126 000	3 190 000	3 192 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	169 000	208 000	268 000	236 000
Total Current Assets	199 000	271 000	277 000	316 000
Total Assets	3 259 000	3 397 000	3 467 000	3 508 000
Total Equity	661 000	223 000	50 000	−123 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 423 000	2 967 000	3 327 000	3 208 000
Creditors	−1 000	8 000	26 000	28 000
Unpaid Taxes	0	0	0	−19 000
Dividends	0	0	0	0
Other Current Debt	157 000	200 000	64 000	414 000
Total Current Debt	175 000	207 000	89 000	423 000
Total Equity and Debt	3 259 000	3 397 000	3 467 000	3 508 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,41 %	77,13 %	346 %	36,59 %
Debt-to-Equity Ratio	3,67	13,3	66,54	−26,08
Operating Profit Margin	27,79 %	14,42 %	24,54 %	1,39 %
Current Ratio	1,14	1,31	3,11	0,75
Quick Ratio	1,14	1,31	3,11	0,75
Equity Ratio	0,2	0,07	0,01	−0,04
Gross Profit Margin	100 %	98,67 %	99,25 %	98,61 %