SAITE AS

5099 BERGEN

Finances

Return on Equity

44 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 780 000	1 698 000	0	0
Net Income	55 000	105 000	−4 000	−3 000
Total Assets	499 000	500 000	12 000	17 000
Total Equity	125 000	125 000	20 000	23 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 780 000	1 698 000	0	0
Expenditure	1 707 000	1 568 000	4 000	3 000
Operating Profit	73 000	130 000	−4 000	−3 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−3 000	0	0	0
Earnings Before Tax	70 000	130 000	−4 000	−3 000
Tax	15 000	25 000	0	0
Net Income	55 000	105 000	−4 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 000	67 000	0	0
Total Current Assets	438 000	433 000	12 000	17 000
Total Assets	499 000	500 000	12 000	17 000
Total Retained Equity	90 000	90 000	−15 000	−12 000
Total Equity	125 000	125 000	20 000	23 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	374 000	375 000	−7 000	−6 000
Total Equity and Debt	499 000	500 000	12 000	17 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 780 000	1 698 000	0	0
Other Income	0	0	0	0
Revenue	1 780 000	1 698 000	0	0
Cost of Goods Sold	1 000	0	0	0
Salary Costs	1 606 000	1 503 000	0	0
Depreciation	5 000	4 000	0	0
Impairment	0	0	0	0
Expenditure	1 707 000	1 568 000	4 000	3 000
Operating Profit	73 000	130 000	−4 000	−3 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−3 000	0	0	0
Dividends	54 000	0	0	0
Net Income	55 000	105 000	−4 000	−3 000

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	7 000	12 000	0	0
Total Tangible Assets	7 000	12 000	0	0
Total Fiancial Fixed Assets	55 000	55 000	0	0
Total Fixed Assets	62 000	67 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	354 000	433 000	12 000	17 000
Total Current Assets	438 000	433 000	12 000	17 000
Total Assets	499 000	500 000	12 000	17 000
Total Equity	125 000	125 000	20 000	23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	−1 000	0	0
Unpaid Taxes	168 000	193 000	0	0
Dividends	54 000	0	0	0
Other Current Debt	136 000	159 000	−7 000	−6 000
Total Current Debt	374 000	375 000	−7 000	−6 000
Total Equity and Debt	499 000	500 000	12 000	17 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44 %	84 %	−20 %	−13,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,1 %	7,66 %	-	-
Current Ratio	1,17	1,15	−1,71	−2,83
Quick Ratio	1,17	1,15	−1,71	−2,83
Equity Ratio	0,25	0,25	1,67	1,35
Gross Profit Margin	99,94 %	100 %	-	-