SECO HOLDING AS

2260 KIRKENÆR

Finances

Return on Equity

−70,29 %

Current Ratio

6,59

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 000	1 128 000	129 000	155 000
Net Income	−478 000	472 000	−16 000	971 000
Total Assets	949 000	1 625 000	1 885 000	2 332 000
Total Equity	680 000	1 158 000	687 000	1 320 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 000	1 128 000	129 000	155 000
Expenditure	628 000	245 000	245 000	206 000
Operating Profit	−614 000	882 000	−116 000	−51 000
Financial Income	1 000	390 000	240 000	1 404 000
Financial Costs	0	634 000	108 000	238 000
Financial Balance	1 000	−244 000	132 000	1 166 000
Earnings Before Tax	−613 000	638 000	17 000	1 115 000
Tax	−135 000	166 000	32 000	144 000
Net Income	−478 000	472 000	−16 000	971 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	219 000	910 000	958 000
Total Current Assets	949 000	1 406 000	976 000	1 374 000
Total Assets	949 000	1 625 000	1 885 000	2 332 000
Total Retained Equity	614 000	1 092 000	620 000	657 000
Total Equity	680 000	1 158 000	687 000	1 320 000
Total Long-Term Debt	125 000	260 000	728 000	751 000
Total Current Debt	144 000	207 000	471 000	262 000
Total Equity and Debt	949 000	1 625 000	1 885 000	2 332 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	16 000
Other Income	14 000	1 128 000	129 000	139 000
Revenue	14 000	1 128 000	129 000	155 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	18 000	18 000
Impairment	0	0	0	0
Expenditure	628 000	245 000	245 000	206 000
Operating Profit	−614 000	882 000	−116 000	−51 000
Financial Income	1 000	390 000	240 000	1 404 000
Financial Costs	0	634 000	108 000	238 000
Financial Balance	1 000	−244 000	132 000	1 166 000
Dividends	0	0	0	0
Net Income	−478 000	472 000	−16 000	971 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	650 000	667 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	650 000	667 000
Total Fiancial Fixed Assets	0	219 000	260 000	290 000
Total Fixed Assets	0	219 000	910 000	958 000
Stock	0	0	0	0
Total Investments	358 000	258 000	260 000	298 000
Cash, Bank	574 000	1 040 000	686 000	0
Total Current Assets	949 000	1 406 000	976 000	1 374 000
Total Assets	949 000	1 625 000	1 885 000	2 332 000
Total Equity	680 000	1 158 000	687 000	1 320 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	125 000	260 000	728 000	751 000
Creditors	−14 000	2 000	39 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	158 000	205 000	406 000	116 000
Total Current Debt	144 000	207 000	471 000	262 000
Total Equity and Debt	949 000	1 625 000	1 885 000	2 332 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−70,29 %	40,76 %	−2,33 %	73,56 %
Debt-to-Equity Ratio	0,18	0,22	1,06	0,57
Operating Profit Margin	−4 385,71 %	78,19 %	−89,92 %	−32,9 %
Current Ratio	6,59	6,79	2,07	5,24
Quick Ratio	6,59	6,79	2,07	5,24
Equity Ratio	0,72	0,71	0,36	0,57
Gross Profit Margin	100 %	100 %	100 %	100 %