SANTEX AS

3117 TØNSBERG

Finances

Return on Equity

−2,51 %

Current Ratio

3,44

Debt-to-Equity Ratio

5,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	321 000	424 000	540 000	384 000
Net Income	−332 000	9 092 000	−491 000	−71 000
Total Assets	88 087 000	84 150 000	108 894 000	95 592 000
Total Equity	13 245 000	13 576 000	4 484 000	4 976 000

Income (NOK)	2022	2021	2020	2019
Revenue	321 000	424 000	540 000	384 000
Expenditure	3 657 000	3 276 000	2 540 000	1 584 000
Operating Profit	−3 337 000	−2 852 000	−2 000 000	−1 200 000
Financial Income	5 640 000	13 901 000	4 334 000	4 388 000
Financial Costs	2 635 000	1 956 000	2 848 000	3 363 000
Financial Balance	3 005 000	11 945 000	1 486 000	1 025 000
Earnings Before Tax	−332 000	9 092 000	−514 000	−175 000
Tax	0	0	−23 000	−104 000
Net Income	−332 000	9 092 000	−491 000	−71 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 453 000	80 828 000	104 139 000	90 051 000
Total Current Assets	6 633 000	3 322 000	4 755 000	5 541 000
Total Assets	88 087 000	84 150 000	108 894 000	95 592 000
Total Retained Equity	13 045 000	13 376 000	4 284 000	4 776 000
Total Equity	13 245 000	13 576 000	4 484 000	4 976 000
Total Long-Term Debt	72 912 000	67 010 000	101 545 000	88 607 000
Total Current Debt	1 929 000	3 563 000	2 864 000	2 009 000
Total Equity and Debt	88 087 000	84 150 000	108 894 000	95 592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	321 000	323 000	529 000	457 000
Other Income	0	101 000	10 000	−73 000
Revenue	321 000	424 000	540 000	384 000
Cost of Goods Sold	51 000	22 000	244 000	270 000
Salary Costs	2 605 000	2 275 000	1 689 000	973 000
Depreciation	75 000	49 000	8 000	0
Impairment	0	0	0	0
Expenditure	3 657 000	3 276 000	2 540 000	1 584 000
Operating Profit	−3 337 000	−2 852 000	−2 000 000	−1 200 000
Financial Income	5 640 000	13 901 000	4 334 000	4 388 000
Financial Costs	2 635 000	1 956 000	2 848 000	3 363 000
Financial Balance	3 005 000	11 945 000	1 486 000	1 025 000
Dividends	0	0	0	0
Net Income	−332 000	9 092 000	−491 000	−71 000

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	297 000	31 000	0
Fixtures	244 000	22 000	0	0
Total Tangible Assets	244 000	319 000	31 000	0
Total Fiancial Fixed Assets	81 209 000	80 509 000	104 107 000	90 051 000
Total Fixed Assets	81 453 000	80 828 000	104 139 000	90 051 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	674 000	329 000	591 000	467 000
Total Current Assets	6 633 000	3 322 000	4 755 000	5 541 000
Total Assets	88 087 000	84 150 000	108 894 000	95 592 000
Total Equity	13 245 000	13 576 000	4 484 000	4 976 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	72 912 000	67 010 000	101 545 000	88 607 000
Creditors	220 000	103 000	175 000	39 000
Unpaid Taxes	487 000	148 000	188 000	36 000
Dividends	0	0	0	0
Other Current Debt	1 223 000	3 313 000	2 502 000	1 934 000
Total Current Debt	1 929 000	3 563 000	2 864 000	2 009 000
Total Equity and Debt	88 087 000	84 150 000	108 894 000	95 592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,51 %	66,97 %	−10,95 %	−1,43 %
Debt-to-Equity Ratio	5,5	4,94	22,65	17,81
Operating Profit Margin	−1 039,56 %	−672,64 %	−370,37 %	−312,5 %
Current Ratio	3,44	0,93	1,66	2,76
Quick Ratio	3,44	0,93	1,66	2,76
Equity Ratio	0,15	0,16	0,04	0,05
Gross Profit Margin	84,11 %	94,81 %	54,81 %	29,69 %