SERERO AS

0191 OSLO

Finances

Return on Equity

28,68 %

Current Ratio

12,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 740 000	2 924 000	1 739 000	2 072 000
Net Income	1 861 000	1 632 000	1 871 000	1 555 000
Total Assets	7 060 000	5 152 000	3 372 000	2 051 000
Total Equity	6 488 000	4 627 000	2 995 000	1 124 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 740 000	2 924 000	1 739 000	2 072 000
Expenditure	1 264 000	1 217 000	110 000	260 000
Operating Profit	2 477 000	1 706 000	1 629 000	1 811 000
Financial Income	14 000	724 000	606 000	146 000
Financial Costs	105 000	418 000	1 000	0
Financial Balance	−91 000	306 000	605 000	146 000
Earnings Before Tax	2 386 000	2 012 000	2 233 000	1 957 000
Tax	525 000	380 000	361 000	402 000
Net Income	1 861 000	1 632 000	1 871 000	1 555 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	800 000
Total Current Assets	7 060 000	5 152 000	3 372 000	1 251 000
Total Assets	7 060 000	5 152 000	3 372 000	2 051 000
Total Retained Equity	6 458 000	4 597 000	2 965 000	1 094 000
Total Equity	6 488 000	4 627 000	2 995 000	1 124 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	572 000	524 000	377 000	927 000
Total Equity and Debt	7 060 000	5 152 000	3 372 000	2 051 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 718 000	2 924 000	1 739 000	2 072 000
Other Income	22 000	0	0	0
Revenue	3 740 000	2 924 000	1 739 000	2 072 000
Cost of Goods Sold	0	0	0	4 000
Salary Costs	1 010 000	820 000	12 000	165 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 264 000	1 217 000	110 000	260 000
Operating Profit	2 477 000	1 706 000	1 629 000	1 811 000
Financial Income	14 000	724 000	606 000	146 000
Financial Costs	105 000	418 000	1 000	0
Financial Balance	−91 000	306 000	605 000	146 000
Dividends	0	0	0	500 000
Net Income	1 861 000	1 632 000	1 871 000	1 555 000

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	800 000
Total Fixed Assets	0	0	0	800 000
Stock	0	0	0	0
Total Investments	5 120 000	4 573 000	1 411 000	0
Cash, Bank	1 007 000	344 000	1 789 000	1 130 000
Total Current Assets	7 060 000	5 152 000	3 372 000	1 251 000
Total Assets	7 060 000	5 152 000	3 372 000	2 051 000
Total Equity	6 488 000	4 627 000	2 995 000	1 124 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	11 000	0	11 000
Unpaid Taxes	35 000	55 000	2 000	2 000
Dividends	0	0	0	500 000
Other Current Debt	82 000	79 000	13 000	12 000
Total Current Debt	572 000	524 000	377 000	927 000
Total Equity and Debt	7 060 000	5 152 000	3 372 000	2 051 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,68 %	35,27 %	62,47 %	138,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	66,23 %	58,34 %	93,67 %	87,4 %
Current Ratio	12,34	9,83	8,94	1,35
Quick Ratio	12,34	9,83	8,94	1,35
Equity Ratio	0,92	0,9	0,89	0,55
Gross Profit Margin	100 %	100 %	100 %	99,81 %