SECORA AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

555,2 %

Current Ratio

0,54

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	83 884 000	90 766 000	102 678 000	119 934 000
Net Income	−38 031 000	−7 696 000	5 176 000	13 588 000
Total Assets	55 958 000	79 538 000	59 815 000	63 335 000
Total Equity	−6 850 000	31 180 000	38 877 000	33 701 000

Income (NOK)	2021	2020	2019	2018
Revenue	83 884 000	90 766 000	102 678 000	119 934 000
Expenditure	119 008 000	100 330 000	96 437 000	101 010 000
Operating Profit	−35 123 000	−9 564 000	6 241 000	18 925 000
Financial Income	21 000	58 000	638 000	445 000
Financial Costs	393 000	348 000	227 000	1 614 000
Financial Balance	−372 000	−290 000	411 000	−1 169 000
Earnings Before Tax	−35 495 000	−9 854 000	6 652 000	17 756 000
Tax	2 536 000	−2 158 000	1 476 000	4 168 000
Net Income	−38 031 000	−7 696 000	5 176 000	13 588 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	21 824 000	29 045 000	10 905 000	15 774 000
Total Current Assets	34 134 000	50 493 000	48 909 000	47 562 000
Total Assets	55 958 000	79 538 000	59 815 000	63 335 000
Total Retained Equity	−12 350 000	25 676 000	33 373 000	0
Total Equity	−6 850 000	31 180 000	38 877 000	33 701 000
Total Long-Term Debt	0	9 937 000	3 237 000	4 845 000
Total Current Debt	62 808 000	38 421 000	17 701 000	24 790 000
Total Equity and Debt	55 958 000	79 538 000	59 815 000	63 335 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	80 403 000	89 149 000	101 765 000	90 047 000
Other Income	3 481 000	1 617 000	913 000	29 887 000
Revenue	83 884 000	90 766 000	102 678 000	119 934 000
Cost of Goods Sold	35 342 000	30 411 000	32 147 000	23 718 000
Salary Costs	22 285 000	24 830 000	29 137 000	29 280 000
Depreciation	4 362 000	4 136 000	3 901 000	6 259 000
Impairment	0	0	0	0
Expenditure	119 008 000	100 330 000	96 437 000	101 010 000
Operating Profit	−35 123 000	−9 564 000	6 241 000	18 925 000
Financial Income	21 000	58 000	638 000	445 000
Financial Costs	393 000	348 000	227 000	1 614 000
Financial Balance	−372 000	−290 000	411 000	−1 169 000
Dividends	0	0	0	0
Net Income	−38 031 000	−7 696 000	5 176 000	13 588 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	2 536 000	378 000	1 854 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	177 000	1 495 000	3 913 000	5 981 000
Fixtures	729 000	1 114 000	1 684 000	2 219 000
Total Tangible Assets	20 684 000	25 028 000	9 146 000	12 430 000
Total Fiancial Fixed Assets	1 139 000	1 480 000	1 381 000	1 489 000
Total Fixed Assets	21 824 000	29 045 000	10 905 000	15 774 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 276 000	29 651 000	14 860 000	18 671 000
Total Current Assets	34 134 000	50 493 000	48 909 000	47 562 000
Total Assets	55 958 000	79 538 000	59 815 000	63 335 000
Total Equity	−6 850 000	31 180 000	38 877 000	33 701 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	9 937 000	3 237 000	4 845 000
Creditors	17 128 000	9 742 000	4 212 000	11 525 000
Unpaid Taxes	1 648 000	3 576 000	2 095 000	2 902 000
Dividends	0	0	0	0
Other Current Debt	44 032 000	25 103 000	11 393 000	10 363 000
Total Current Debt	62 808 000	38 421 000	17 701 000	24 790 000
Total Equity and Debt	55 958 000	79 538 000	59 815 000	63 335 000

Financial indicators	2021	2020	2019	2018
Return on Equity	555,2 %	−24,68 %	13,31 %	40,32 %
Debt-to-Equity Ratio	−0	0,32	0,08	0,14
Operating Profit Margin	−41,87 %	−10,54 %	6,08 %	15,78 %
Current Ratio	0,54	1,31	2,76	1,92
Quick Ratio	0,54	1,31	2,76	1,92
Equity Ratio	−0,12	0,39	0,65	0,53
Gross Profit Margin	57,87 %	66,5 %	68,69 %	80,22 %