KEYSEC AS

0679 OSLO

Finances

Return on Equity

141,63 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 477 000	18 680 000	21 323 000	17 977 000
Net Income	728 000	−940 000	2 579 000	83 000
Total Assets	5 526 000	5 637 000	7 608 000	7 444 000
Total Equity	514 000	−215 000	725 000	147 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 477 000	18 680 000	21 323 000	17 977 000
Expenditure	20 666 000	19 882 000	17 269 000	17 870 000
Operating Profit	−188 000	−1 202 000	3 326 000	107 000
Financial Income	989 000	6 000	2 000	3 000
Financial Costs	107 000	5 000	2 000	2 000
Financial Balance	882 000	1 000	0	1 000
Earnings Before Tax	694 000	−1 201 000	3 326 000	108 000
Tax	−34 000	−260 000	748 000	25 000
Net Income	728 000	−940 000	2 579 000	83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	479 000	500 000	363 000	3 000
Total Current Assets	5 048 000	5 137 000	7 245 000	7 441 000
Total Assets	5 526 000	5 637 000	7 608 000	7 444 000
Total Retained Equity	484 000	−245 000	695 000	117 000
Total Equity	514 000	−215 000	725 000	147 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 013 000	5 852 000	6 882 000	7 297 000
Total Equity and Debt	5 526 000	5 637 000	7 608 000	7 444 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 169 000	18 444 000	20 976 000	17 977 000
Other Income	309 000	237 000	347 000	0
Revenue	20 477 000	18 680 000	21 323 000	17 977 000
Cost of Goods Sold	1 793 000	3 822 000	2 373 000	2 278 000
Salary Costs	16 845 000	13 214 000	12 004 000	13 973 000
Depreciation	56 000	48 000	20 000	14 000
Impairment	0	0	0	0
Expenditure	20 666 000	19 882 000	17 269 000	17 870 000
Operating Profit	−188 000	−1 202 000	3 326 000	107 000
Financial Income	989 000	6 000	2 000	3 000
Financial Costs	107 000	5 000	2 000	2 000
Financial Balance	882 000	1 000	0	1 000
Dividends	0	0	2 000 000	0
Net Income	728 000	−940 000	2 579 000	83 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	338 000	303 000	43 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	81 000	136 000	160 000	0
Total Tangible Assets	81 000	136 000	160 000	0
Total Fiancial Fixed Assets	60 000	60 000	160 000	0
Total Fixed Assets	479 000	500 000	363 000	3 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 322 000	2 235 000	5 274 000	4 812 000
Total Current Assets	5 048 000	5 137 000	7 245 000	7 441 000
Total Assets	5 526 000	5 637 000	7 608 000	7 444 000
Total Equity	514 000	−215 000	725 000	147 000
Short-Term Group Debt	0	0	2 000 000	0
Total Long-Term Debt	0	0	0	0
Creditors	322 000	480 000	498 000	457 000
Unpaid Taxes	1 465 000	1 353 000	1 067 000	1 582 000
Dividends	0	0	2 000 000	0
Other Current Debt	3 226 000	4 018 000	2 529 000	5 230 000
Total Current Debt	5 013 000	5 852 000	6 882 000	7 297 000
Total Equity and Debt	5 526 000	5 637 000	7 608 000	7 444 000

Financial indicators	2022	2021	2020	2019
Return on Equity	141,63 %	437,21 %	355,72 %	56,46 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	−0,92 %	−6,43 %	15,6 %	0,6 %
Current Ratio	1,01	0,88	1,05	1,02
Quick Ratio	1,01	0,88	1,05	1,02
Equity Ratio	0,09	−0,04	0,1	0,02
Gross Profit Margin	91,24 %	79,54 %	88,87 %	87,33 %