SÆTERÅSEN MASKIN AS

9402 HARSTAD

Finances

Return on Equity

42,24 %

Current Ratio

1,72

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	54 682 000	32 175 000	25 525 000	14 458 000
Net Income	6 446 000	3 765 000	6 724 000	335 000
Total Assets	27 792 000	23 767 000	16 262 000	5 292 000
Total Equity	15 259 000	12 823 000	9 057 000	2 333 000

Income (NOK)	2022	2021	2020	2019
Revenue	54 682 000	32 175 000	25 525 000	14 458 000
Expenditure	46 409 000	27 357 000	16 898 000	14 016 000
Operating Profit	8 274 000	4 819 000	8 627 000	441 000
Financial Income	14 000	13 000	9 000	0
Financial Costs	16 000	2 000	15 000	12 000
Financial Balance	−2 000	11 000	−6 000	−12 000
Earnings Before Tax	8 273 000	4 830 000	8 621 000	430 000
Tax	1 826 000	1 065 000	1 897 000	95 000
Net Income	6 446 000	3 765 000	6 724 000	335 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 596 000	4 771 000	3 566 000	2 067 000
Total Current Assets	21 196 000	18 996 000	12 695 000	3 225 000
Total Assets	27 792 000	23 767 000	16 262 000	5 292 000
Total Retained Equity	15 183 000	12 723 000	8 957 000	2 233 000
Total Equity	15 259 000	12 823 000	9 057 000	2 333 000
Total Long-Term Debt	207 000	136 000	83 000	299 000
Total Current Debt	12 326 000	10 809 000	7 121 000	2 660 000
Total Equity and Debt	27 792 000	23 767 000	16 262 000	5 292 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 156 000	31 018 000	23 769 000	13 107 000
Other Income	2 527 000	1 157 000	1 755 000	1 350 000
Revenue	54 682 000	32 175 000	25 525 000	14 458 000
Cost of Goods Sold	22 587 000	11 040 000	5 280 000	3 883 000
Salary Costs	10 026 000	6 472 000	4 960 000	4 144 000
Depreciation	1 107 000	659 000	480 000	386 000
Impairment	0	0	0	0
Expenditure	46 409 000	27 357 000	16 898 000	14 016 000
Operating Profit	8 274 000	4 819 000	8 627 000	441 000
Financial Income	14 000	13 000	9 000	0
Financial Costs	16 000	2 000	15 000	12 000
Financial Balance	−2 000	11 000	−6 000	−12 000
Dividends	1 610 000	0	0	600 000
Net Income	6 446 000	3 765 000	6 724 000	335 000

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	4 639 000	3 441 000	2 210 000	1 253 000
Total Tangible Assets	4 639 000	3 441 000	2 210 000	1 253 000
Total Fiancial Fixed Assets	1 957 000	1 330 000	1 356 000	814 000
Total Fixed Assets	6 596 000	4 771 000	3 566 000	2 067 000
Stock	100 000	80 000	26 000	12 000
Total Investments	0	0	0	0
Cash, Bank	5 357 000	6 210 000	6 260 000	461 000
Total Current Assets	21 196 000	18 996 000	12 695 000	3 225 000
Total Assets	27 792 000	23 767 000	16 262 000	5 292 000
Total Equity	15 259 000	12 823 000	9 057 000	2 333 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	207 000	136 000	83 000	299 000
Creditors	5 096 000	5 715 000	1 649 000	1 181 000
Unpaid Taxes	1 851 000	2 408 000	1 848 000	386 000
Dividends	1 610 000	0	0	600 000
Other Current Debt	2 013 000	1 674 000	1 511 000	1 093 000
Total Current Debt	12 326 000	10 809 000	7 121 000	2 660 000
Total Equity and Debt	27 792 000	23 767 000	16 262 000	5 292 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,24 %	29,36 %	74,24 %	14,36 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,13
Operating Profit Margin	15,13 %	14,98 %	33,8 %	3,05 %
Current Ratio	1,72	1,76	1,78	1,21
Quick Ratio	1,73	1,77	1,79	1,22
Equity Ratio	0,55	0,54	0,56	0,44
Gross Profit Margin	58,69 %	65,69 %	79,31 %	73,14 %