SERPAS AS

5217 HAGAVIK

Finances

Share Ownership

Return on Equity

41,67 %

Current Ratio

2,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 674 000	2 208 000	2 161 000	1 614 000
Net Income	425 000	304 000	355 000	147 000
Total Assets	1 519 000	1 486 000	1 330 000	814 000
Total Equity	1 020 000	1 074 000	770 000	415 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 674 000	2 208 000	2 161 000	1 614 000
Expenditure	4 115 000	1 809 000	1 702 000	1 425 000
Operating Profit	558 000	399 000	460 000	189 000
Financial Income	0	0	1 000	0
Financial Costs	13 000	10 000	4 000	1 000
Financial Balance	−13 000	−10 000	−3 000	−1 000
Earnings Before Tax	545 000	390 000	456 000	189 000
Tax	120 000	86 000	101 000	42 000
Net Income	425 000	304 000	355 000	147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	0	5 000	15 000
Total Current Assets	1 492 000	1 486 000	1 325 000	799 000
Total Assets	1 519 000	1 486 000	1 330 000	814 000
Total Retained Equity	920 000	974 000	670 000	315 000
Total Equity	1 020 000	1 074 000	770 000	415 000
Total Long-Term Debt	0	0	1 000	0
Total Current Debt	499 000	412 000	558 000	398 000
Total Equity and Debt	1 519 000	1 486 000	1 330 000	814 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 674 000	2 208 000	2 161 000	1 614 000
Other Income	0	0	0	0
Revenue	4 674 000	2 208 000	2 161 000	1 614 000
Cost of Goods Sold	2 614 000	434 000	191 000	63 000
Salary Costs	1 344 000	1 276 000	1 386 000	1 209 000
Depreciation	10 000	5 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	4 115 000	1 809 000	1 702 000	1 425 000
Operating Profit	558 000	399 000	460 000	189 000
Financial Income	0	0	1 000	0
Financial Costs	13 000	10 000	4 000	1 000
Financial Balance	−13 000	−10 000	−3 000	−1 000
Dividends	480 000	0	0	0
Net Income	425 000	304 000	355 000	147 000

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	27 000	0	5 000	15 000
Total Tangible Assets	27 000	0	5 000	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 000	0	5 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 289 000	1 289 000	1 177 000	778 000
Total Current Assets	1 492 000	1 486 000	1 325 000	799 000
Total Assets	1 519 000	1 486 000	1 330 000	814 000
Total Equity	1 020 000	1 074 000	770 000	415 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	0
Creditors	16 000	6 000	13 000	10 000
Unpaid Taxes	228 000	199 000	318 000	220 000
Dividends	480 000	0	0	0
Other Current Debt	136 000	120 000	127 000	126 000
Total Current Debt	499 000	412 000	558 000	398 000
Total Equity and Debt	1 519 000	1 486 000	1 330 000	814 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,67 %	28,31 %	46,1 %	35,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,94 %	18,07 %	21,29 %	11,71 %
Current Ratio	2,99	3,61	2,37	2,01
Quick Ratio	2,99	3,61	2,37	2,01
Equity Ratio	0,67	0,72	0,58	0,51
Gross Profit Margin	44,07 %	80,34 %	91,16 %	96,1 %