SECCO AS

5141 FYLLINGSDALEN

Finances

Share Ownership

Return on Equity

51,52 %

Current Ratio

2,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 839 000	4 408 000	2 936 000	3 095 000
Net Income	984 000	425 000	280 000	9 000
Total Assets	3 530 000	1 678 000	893 000	725 000
Total Equity	1 910 000	926 000	501 000	220 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 839 000	4 408 000	2 936 000	3 095 000
Expenditure	5 050 000	3 690 000	2 559 000	3 080 000
Operating Profit	788 000	719 000	377 000	14 000
Financial Income	257 000	38 000	55 000	27 000
Financial Costs	40 000	331 000	151 000	32 000
Financial Balance	217 000	−293 000	−96 000	−5 000
Earnings Before Tax	1 004 000	425 000	280 000	9 000
Tax	20 000	0	0	0
Net Income	984 000	425 000	280 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	1 000	1 000	9 000
Total Current Assets	3 529 000	1 677 000	892 000	716 000
Total Assets	3 530 000	1 678 000	893 000	725 000
Total Retained Equity	1 810 000	826 000	401 000	120 000
Total Equity	1 910 000	926 000	501 000	220 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 620 000	753 000	393 000	505 000
Total Equity and Debt	3 530 000	1 678 000	893 000	725 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 839 000	4 408 000	2 906 000	3 095 000
Other Income	0	0	30 000	0
Revenue	5 839 000	4 408 000	2 936 000	3 095 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 494 000	3 436 000	2 157 000	2 269 000
Depreciation	0	0	8 000	10 000
Impairment	0	0	0	0
Expenditure	5 050 000	3 690 000	2 559 000	3 080 000
Operating Profit	788 000	719 000	377 000	14 000
Financial Income	257 000	38 000	55 000	27 000
Financial Costs	40 000	331 000	151 000	32 000
Financial Balance	217 000	−293 000	−96 000	−5 000
Dividends	0	0	0	0
Net Income	984 000	425 000	280 000	9 000

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	1 000	1 000	1 000	9 000
Total Tangible Assets	1 000	1 000	1 000	9 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 000	1 000	1 000	9 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 569 000	962 000	373 000	270 000
Total Current Assets	3 529 000	1 677 000	892 000	716 000
Total Assets	3 530 000	1 678 000	893 000	725 000
Total Equity	1 910 000	926 000	501 000	220 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	16 000	4 000	17 000
Unpaid Taxes	367 000	354 000	135 000	175 000
Dividends	0	0	0	0
Other Current Debt	1 226 000	383 000	254 000	313 000
Total Current Debt	1 620 000	753 000	393 000	505 000
Total Equity and Debt	3 530 000	1 678 000	893 000	725 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,52 %	45,9 %	55,89 %	4,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,5 %	16,31 %	12,84 %	0,45 %
Current Ratio	2,18	2,23	2,27	1,42
Quick Ratio	2,18	2,23	2,27	1,42
Equity Ratio	0,54	0,55	0,56	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %