SAXERIET AS

3950 BREVIK

Finances

Share Ownership

Return on Equity

20,76 %

Current Ratio

1,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 427 000	2 308 000	2 068 000	1 932 000
Net Income	87 000	−83 000	102 000	62 000
Total Assets	878 000	807 000	855 000	686 000
Total Equity	419 000	332 000	415 000	314 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 427 000	2 308 000	2 068 000	1 932 000
Expenditure	2 340 000	2 389 000	1 936 000	1 851 000
Operating Profit	87 000	−83 000	131 000	80 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	87 000	−83 000	131 000	80 000
Tax	0	0	29 000	18 000
Net Income	87 000	−83 000	102 000	62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	85 000	117 000	148 000
Total Current Assets	825 000	722 000	739 000	538 000
Total Assets	878 000	807 000	855 000	686 000
Total Retained Equity	401 000	314 000	397 000	296 000
Total Equity	419 000	332 000	415 000	314 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	460 000	475 000	440 000	372 000
Total Equity and Debt	878 000	807 000	855 000	686 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 427 000	2 308 000	2 068 000	1 932 000
Other Income	0	0	0	0
Revenue	2 427 000	2 308 000	2 068 000	1 932 000
Cost of Goods Sold	300 000	344 000	200 000	242 000
Salary Costs	1 602 000	1 563 000	1 312 000	1 238 000
Depreciation	31 000	31 000	31 000	9 000
Impairment	0	0	0	0
Expenditure	2 340 000	2 389 000	1 936 000	1 851 000
Operating Profit	87 000	−83 000	131 000	80 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	87 000	−83 000	102 000	62 000

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	54 000	85 000	117 000	148 000
Total Tangible Assets	54 000	85 000	117 000	148 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	54 000	85 000	117 000	148 000
Stock	175 000	146 000	208 000	139 000
Total Investments	0	0	0	0
Cash, Bank	641 000	562 000	517 000	387 000
Total Current Assets	825 000	722 000	739 000	538 000
Total Assets	878 000	807 000	855 000	686 000
Total Equity	419 000	332 000	415 000	314 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	31 000	58 000	29 000	32 000
Unpaid Taxes	211 000	196 000	187 000	144 000
Dividends	0	0	0	0
Other Current Debt	217 000	221 000	195 000	179 000
Total Current Debt	460 000	475 000	440 000	372 000
Total Equity and Debt	878 000	807 000	855 000	686 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,76 %	−25 %	24,58 %	19,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,58 %	−3,6 %	6,33 %	4,14 %
Current Ratio	1,79	1,52	1,68	1,45
Quick Ratio	2,89	2,19	3,19	2,31
Equity Ratio	0,48	0,41	0,49	0,46
Gross Profit Margin	87,64 %	85,1 %	90,33 %	87,47 %