SUCCEDO AS

0255 OSLO

Finances

Return on Equity

631,51 %

Current Ratio

0,72

Debt-to-Equity Ratio

12,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 844 000	40 914 000	29 433 000	32 307 000
Net Income	2 545 000	5 156 000	1 493 000	−4 606 000
Total Assets	16 780 000	11 505 000	6 227 000	7 260 000
Total Equity	403 000	307 000	−2 909 000	−4 402 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 844 000	40 914 000	29 433 000	32 307 000
Expenditure	36 387 000	33 891 000	28 808 000	36 727 000
Operating Profit	3 456 000	7 022 000	624 000	−4 420 000
Financial Income	5 000	1 000	1 000	3 000
Financial Costs	126 000	396 000	219 000	190 000
Financial Balance	−121 000	−395 000	−218 000	−187 000
Earnings Before Tax	3 335 000	6 628 000	407 000	−4 606 000
Tax	790 000	1 472 000	−1 086 000	0
Net Income	2 545 000	5 156 000	1 493 000	−4 606 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 663 000	657 000	1 589 000	708 000
Total Current Assets	8 117 000	10 848 000	4 638 000	6 552 000
Total Assets	16 780 000	11 505 000	6 227 000	7 260 000
Total Retained Equity	373 000	277 000	−2 939 000	−4 432 000
Total Equity	403 000	307 000	−2 909 000	−4 402 000
Total Long-Term Debt	5 172 000	58 000	450 000	450 000
Total Current Debt	11 205 000	11 139 000	8 686 000	11 211 000
Total Equity and Debt	16 780 000	11 505 000	6 227 000	7 260 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 844 000	40 913 000	29 400 000	32 307 000
Other Income	0	1 000	33 000	0
Revenue	39 844 000	40 914 000	29 433 000	32 307 000
Cost of Goods Sold	18 108 000	16 251 000	14 992 000	17 848 000
Salary Costs	15 151 000	15 103 000	10 864 000	14 259 000
Depreciation	181 000	67 000	204 000	239 000
Impairment	0	0	0	724 000
Expenditure	36 387 000	33 891 000	28 808 000	36 727 000
Operating Profit	3 456 000	7 022 000	624 000	−4 420 000
Financial Income	5 000	1 000	1 000	3 000
Financial Costs	126 000	396 000	219 000	190 000
Financial Balance	−121 000	−395 000	−218 000	−187 000
Dividends	2 450 000	1 725 000	0	0
Net Income	2 545 000	5 156 000	1 493 000	−4 606 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	98 000	166 000	1 088 000	10 000
Real Eastate	6 673 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 524 000	137 000	201 000	397 000
Total Tangible Assets	8 197 000	137 000	201 000	397 000
Total Fiancial Fixed Assets	368 000	354 000	300 000	300 000
Total Fixed Assets	8 663 000	657 000	1 589 000	708 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 961 000	4 024 000	400 000	1 825 000
Total Current Assets	8 117 000	10 848 000	4 638 000	6 552 000
Total Assets	16 780 000	11 505 000	6 227 000	7 260 000
Total Equity	403 000	307 000	−2 909 000	−4 402 000
Short-Term Group Debt	0	275 000	0	0
Total Long-Term Debt	5 172 000	58 000	450 000	450 000
Creditors	3 207 000	2 037 000	1 861 000	5 267 000
Unpaid Taxes	2 055 000	3 481 000	4 169 000	2 480 000
Dividends	2 450 000	1 725 000	0	0
Other Current Debt	2 772 000	3 130 000	2 188 000	3 465 000
Total Current Debt	11 205 000	11 139 000	8 686 000	11 211 000
Total Equity and Debt	16 780 000	11 505 000	6 227 000	7 260 000

Financial indicators	2022	2021	2020	2019
Return on Equity	631,51 %	1 679,48 %	−51,32 %	104,63 %
Debt-to-Equity Ratio	12,83	0,19	−0,15	−0,1
Operating Profit Margin	8,67 %	17,16 %	2,12 %	−13,68 %
Current Ratio	0,72	0,97	0,53	0,58
Quick Ratio	0,72	0,97	0,53	0,58
Equity Ratio	0,02	0,03	−0,47	−0,61
Gross Profit Margin	54,55 %	60,28 %	49,06 %	44,76 %