SECBASE AS

5006 BERGEN

Finances

Share Ownership

Return on Equity

24,67 %

Current Ratio

11,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	355 000	238 000	29 000	0
Net Income	151 000	107 000	−124 000	−180 000
Total Assets	670 000	477 000	1 495 000	1 634 000
Total Equity	612 000	461 000	355 000	479 000

Income (NOK)	2022	2021	2020	2019
Revenue	355 000	238 000	29 000	0
Expenditure	207 000	110 000	159 000	183 000
Operating Profit	148 000	128 000	−130 000	−182 000
Financial Income	3 000	2 000	6 000	2 000
Financial Costs	0	24 000	0	0
Financial Balance	3 000	−22 000	6 000	2 000
Earnings Before Tax	151 000	107 000	−124 000	−180 000
Tax	0	0	0	0
Net Income	151 000	107 000	−124 000	−180 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	670 000	477 000	1 495 000	1 634 000
Total Assets	670 000	477 000	1 495 000	1 634 000
Total Retained Equity	−172 000	−323 000	−430 000	−306 000
Total Equity	612 000	461 000	355 000	479 000
Total Long-Term Debt	0	0	1 125 000	1 125 000
Total Current Debt	58 000	15 000	15 000	30 000
Total Equity and Debt	670 000	477 000	1 495 000	1 634 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	355 000	238 000	29 000	0
Other Income	0	0	0	0
Revenue	355 000	238 000	29 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	175 000	77 000	107 000	159 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	207 000	110 000	159 000	183 000
Operating Profit	148 000	128 000	−130 000	−182 000
Financial Income	3 000	2 000	6 000	2 000
Financial Costs	0	24 000	0	0
Financial Balance	3 000	−22 000	6 000	2 000
Dividends	0	0	0	0
Net Income	151 000	107 000	−124 000	−180 000

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	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	641 000	457 000	1 493 000	1 576 000
Total Current Assets	670 000	477 000	1 495 000	1 634 000
Total Assets	670 000	477 000	1 495 000	1 634 000
Total Equity	612 000	461 000	355 000	479 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 125 000	1 125 000
Creditors	15 000	1 000	3 000	10 000
Unpaid Taxes	21 000	7 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	22 000	7 000	10 000	21 000
Total Current Debt	58 000	15 000	15 000	30 000
Total Equity and Debt	670 000	477 000	1 495 000	1 634 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,67 %	23,21 %	−34,93 %	−37,58 %
Debt-to-Equity Ratio	0	0	3,17	2,35
Operating Profit Margin	41,69 %	53,78 %	−448,28 %	-
Current Ratio	11,55	31,8	99,67	54,47
Quick Ratio	11,55	31,8	99,67	54,47
Equity Ratio	0,91	0,97	0,24	0,29
Gross Profit Margin	100 %	100 %	100 %	-