SEKO ELEKTROTEKNIKK AS

4007 STAVANGER

Finances

Share Ownership

Return on Equity

9,1 %

Current Ratio

4,67

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 952 000	3 161 000	2 782 000	2 546 000
Net Income	181 000	124 000	−208 000	−19 000
Total Assets	2 487 000	2 336 000	1 914 000	2 160 000
Total Equity	1 989 000	1 808 000	1 436 000	1 644 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 952 000	3 161 000	2 782 000	2 546 000
Expenditure	3 866 000	3 189 000	2 870 000	2 449 000
Operating Profit	244 000	167 000	−252 000	−25 000
Financial Income	30 000	14 000	1 000	0
Financial Costs	42 000	22 000	15 000	1 000
Financial Balance	−12 000	−8 000	−14 000	−1 000
Earnings Before Tax	232 000	159 000	−266 000	−25 000
Tax	51 000	35 000	−59 000	−5 000
Net Income	181 000	124 000	−208 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	323 000	441 000	294 000	301 000
Total Current Assets	2 164 000	1 896 000	1 620 000	1 859 000
Total Assets	2 487 000	2 336 000	1 914 000	2 160 000
Total Retained Equity	1 889 000	1 708 000	1 336 000	1 544 000
Total Equity	1 989 000	1 808 000	1 436 000	1 644 000
Total Long-Term Debt	35 000	35 000	35 000	35 000
Total Current Debt	463 000	493 000	443 000	482 000
Total Equity and Debt	2 487 000	2 336 000	1 914 000	2 160 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 952 000	3 162 000	2 767 000	2 546 000
Other Income	0	−1 000	16 000	0
Revenue	3 952 000	3 161 000	2 782 000	2 546 000
Cost of Goods Sold	2 037 000	1 584 000	1 150 000	819 000
Salary Costs	1 170 000	1 034 000	1 075 000	1 064 000
Depreciation	66 000	66 000	66 000	66 000
Impairment	0	0	0	0
Expenditure	3 866 000	3 189 000	2 870 000	2 449 000
Operating Profit	244 000	167 000	−252 000	−25 000
Financial Income	30 000	14 000	1 000	0
Financial Costs	42 000	22 000	15 000	1 000
Financial Balance	−12 000	−8 000	−14 000	−1 000
Dividends	0	0	0	0
Net Income	181 000	124 000	−208 000	−19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	66 000	0
Total Intangible Assets	323 000	441 000	294 000	301 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	323 000	441 000	294 000	301 000
Stock	1 321 000	1 162 000	967 000	1 130 000
Total Investments	0	0	0	0
Cash, Bank	152 000	−58 000	53 000	50 000
Total Current Assets	2 164 000	1 896 000	1 620 000	1 859 000
Total Assets	2 487 000	2 336 000	1 914 000	2 160 000
Total Equity	1 989 000	1 808 000	1 436 000	1 644 000
Short-Term Group Debt	0	0	0	89 000
Total Long-Term Debt	35 000	35 000	35 000	35 000
Creditors	125 000	105 000	128 000	35 000
Unpaid Taxes	88 000	125 000	74 000	268 000
Dividends	0	0	0	0
Other Current Debt	249 000	263 000	240 000	90 000
Total Current Debt	463 000	493 000	443 000	482 000
Total Equity and Debt	2 487 000	2 336 000	1 914 000	2 160 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,1 %	6,86 %	−14,48 %	−1,16 %
Debt-to-Equity Ratio	0,02	0,02	0,02	0,02
Operating Profit Margin	6,17 %	5,28 %	−9,06 %	−0,98 %
Current Ratio	4,67	3,85	3,66	3,86
Quick Ratio	−2,52	−2,83	−3,09	−2,87
Equity Ratio	0,8	0,77	0,75	0,76
Gross Profit Margin	48,46 %	49,89 %	58,66 %	67,83 %