SELECTIVE NORGE AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

297,33 %

Current Ratio

0,37

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 652 000	3 328 000	2 439 000	2 037 000
Net Income	−223 000	179 000	57 000	−112 000
Total Assets	1 055 000	761 000	475 000	278 000
Total Equity	−75 000	148 000	−31 000	−87 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 652 000	3 328 000	2 439 000	2 037 000
Expenditure	3 862 000	3 114 000	2 371 000	2 138 000
Operating Profit	−209 000	215 000	67 000	−100 000
Financial Income	0	0	0	0
Financial Costs	14 000	13 000	11 000	11 000
Financial Balance	−14 000	−13 000	−11 000	−11 000
Earnings Before Tax	−223 000	202 000	57 000	−112 000
Tax	0	23 000	0	0
Net Income	−223 000	179 000	57 000	−112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	636 000	375 000	158 000	143 000
Total Current Assets	419 000	385 000	316 000	136 000
Total Assets	1 055 000	761 000	475 000	278 000
Total Retained Equity	−105 000	118 000	−61 000	−117 000
Total Equity	−75 000	148 000	−31 000	−87 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 130 000	613 000	505 000	366 000
Total Equity and Debt	1 055 000	761 000	475 000	278 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 652 000	3 328 000	2 404 000	2 037 000
Other Income	0	0	35 000	0
Revenue	3 652 000	3 328 000	2 439 000	2 037 000
Cost of Goods Sold	−58 000	186 000	12 000	139 000
Salary Costs	2 806 000	1 917 000	1 552 000	1 400 000
Depreciation	78 000	53 000	25 000	17 000
Impairment	0	0	0	0
Expenditure	3 862 000	3 114 000	2 371 000	2 138 000
Operating Profit	−209 000	215 000	67 000	−100 000
Financial Income	0	0	0	0
Financial Costs	14 000	13 000	11 000	11 000
Financial Balance	−14 000	−13 000	−11 000	−11 000
Dividends	0	0	0	0
Net Income	−223 000	179 000	57 000	−112 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	214 000	280 000	91 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	41 000	53 000	67 000	68 000
Total Tangible Assets	255 000	333 000	158 000	68 000
Total Fiancial Fixed Assets	381 000	42 000	0	75 000
Total Fixed Assets	636 000	375 000	158 000	143 000
Stock	219 000	94 000	111 000	0
Total Investments	0	0	0	0
Cash, Bank	189 000	266 000	191 000	136 000
Total Current Assets	419 000	385 000	316 000	136 000
Total Assets	1 055 000	761 000	475 000	278 000
Total Equity	−75 000	148 000	−31 000	−87 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	119 000	103 000	2 000	6 000
Unpaid Taxes	537 000	227 000	218 000	186 000
Dividends	0	0	0	0
Other Current Debt	474 000	260 000	285 000	173 000
Total Current Debt	1 130 000	613 000	505 000	366 000
Total Equity and Debt	1 055 000	761 000	475 000	278 000

Financial indicators	2022	2021	2020	2019
Return on Equity	297,33 %	120,95 %	−183,87 %	128,74 %
Debt-to-Equity Ratio	−0	0	−0	−0
Operating Profit Margin	−5,72 %	6,46 %	2,75 %	−4,91 %
Current Ratio	0,37	0,63	0,63	0,37
Quick Ratio	0,46	0,74	0,8	0,37
Equity Ratio	−0,07	0,19	−0,07	−0,31
Gross Profit Margin	101,59 %	94,41 %	99,51 %	93,18 %