SERKLAND AS

3263 LARVIK

Finances

Return on Equity

26,83 %

Current Ratio

2,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	329 000	602 000	622 000	629 000
Net Income	99 000	293 000	265 000	245 000
Total Assets	607 000	827 000	741 000	652 000
Total Equity	369 000	371 000	278 000	213 000

Income (NOK)	2022	2021	2020	2019
Revenue	329 000	602 000	622 000	629 000
Expenditure	159 000	262 000	285 000	319 000
Operating Profit	169 000	340 000	336 000	311 000
Financial Income	19 000	28 000	3 000	4 000
Financial Costs	52 000	0	0	0
Financial Balance	−33 000	28 000	3 000	4 000
Earnings Before Tax	136 000	368 000	339 000	314 000
Tax	38 000	75 000	75 000	69 000
Net Income	99 000	293 000	265 000	245 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	70 000	0
Total Current Assets	607 000	827 000	671 000	652 000
Total Assets	607 000	827 000	741 000	652 000
Total Retained Equity	339 000	341 000	248 000	183 000
Total Equity	369 000	371 000	278 000	213 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	238 000	456 000	463 000	439 000
Total Equity and Debt	607 000	827 000	741 000	652 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	329 000	602 000	622 000	629 000
Other Income	0	0	0	0
Revenue	329 000	602 000	622 000	629 000
Cost of Goods Sold	0	0	0	0
Salary Costs	117 000	216 000	222 000	218 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	159 000	262 000	285 000	319 000
Operating Profit	169 000	340 000	336 000	311 000
Financial Income	19 000	28 000	3 000	4 000
Financial Costs	52 000	0	0	0
Financial Balance	−33 000	28 000	3 000	4 000
Dividends	100 000	200 000	200 000	180 000
Net Income	99 000	293 000	265 000	245 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	70 000	0
Total Fixed Assets	0	0	70 000	0
Stock	0	0	0	0
Total Investments	209 000	243 000	0	0
Cash, Bank	370 000	485 000	602 000	577 000
Total Current Assets	607 000	827 000	671 000	652 000
Total Assets	607 000	827 000	741 000	652 000
Total Equity	369 000	371 000	278 000	213 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	3 000	4 000	2 000
Unpaid Taxes	85 000	157 000	163 000	166 000
Dividends	100 000	200 000	200 000	180 000
Other Current Debt	11 000	21 000	22 000	21 000
Total Current Debt	238 000	456 000	463 000	439 000
Total Equity and Debt	607 000	827 000	741 000	652 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,83 %	78,98 %	95,32 %	115,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	51,37 %	56,48 %	54,02 %	49,44 %
Current Ratio	2,55	1,81	1,45	1,49
Quick Ratio	2,55	1,81	1,45	1,49
Equity Ratio	0,61	0,45	0,38	0,33
Gross Profit Margin	100 %	100 %	100 %	100 %