SERVICETEAM AS

6222 IKORNNES

Finances

Share Ownership

Return on Equity

22,77 %

Current Ratio

1,11

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 898 000	2 430 000	2 120 000	1 313 000
Net Income	161 000	101 000	133 000	61 000
Total Assets	3 002 000	1 384 000	1 088 000	864 000
Total Equity	707 000	546 000	445 000	312 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 898 000	2 430 000	2 120 000	1 313 000
Expenditure	2 648 000	2 299 000	1 948 000	1 235 000
Operating Profit	251 000	130 000	172 000	79 000
Financial Income	0	0	0	0
Financial Costs	41 000	1 000	1 000	1 000
Financial Balance	−41 000	−1 000	−1 000	−1 000
Earnings Before Tax	210 000	130 000	171 000	78 000
Tax	49 000	29 000	38 000	17 000
Net Income	161 000	101 000	133 000	61 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 108 000	448 000	511 000	368 000
Total Current Assets	1 895 000	936 000	577 000	496 000
Total Assets	3 002 000	1 384 000	1 088 000	864 000
Total Retained Equity	677 000	516 000	414 000	281 000
Total Equity	707 000	546 000	445 000	312 000
Total Long-Term Debt	592 000	2 000	9 000	6 000
Total Current Debt	1 703 000	836 000	634 000	546 000
Total Equity and Debt	3 002 000	1 384 000	1 088 000	864 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 649 000	2 430 000	2 120 000	1 313 000
Other Income	249 000	0	0	0
Revenue	2 898 000	2 430 000	2 120 000	1 313 000
Cost of Goods Sold	1 392 000	1 470 000	1 201 000	772 000
Salary Costs	558 000	341 000	228 000	96 000
Depreciation	202 000	127 000	104 000	60 000
Impairment	0	0	0	0
Expenditure	2 648 000	2 299 000	1 948 000	1 235 000
Operating Profit	251 000	130 000	172 000	79 000
Financial Income	0	0	0	0
Financial Costs	41 000	1 000	1 000	1 000
Financial Balance	−41 000	−1 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	161 000	101 000	133 000	61 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	78 000	78 000	78 000	0
Machinery and Plant Facilities	271 000	221 000	0	0
Fixtures	758 000	149 000	433 000	368 000
Total Tangible Assets	1 108 000	448 000	511 000	368 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 108 000	448 000	511 000	368 000
Stock	1 015 000	693 000	389 000	393 000
Total Investments	0	0	0	0
Cash, Bank	245 000	219 000	136 000	75 000
Total Current Assets	1 895 000	936 000	577 000	496 000
Total Assets	3 002 000	1 384 000	1 088 000	864 000
Total Equity	707 000	546 000	445 000	312 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	592 000	2 000	9 000	6 000
Creditors	84 000	17 000	78 000	52 000
Unpaid Taxes	283 000	59 000	57 000	48 000
Dividends	0	0	0	0
Other Current Debt	1 336 000	723 000	464 000	433 000
Total Current Debt	1 703 000	836 000	634 000	546 000
Total Equity and Debt	3 002 000	1 384 000	1 088 000	864 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,77 %	18,5 %	29,89 %	19,55 %
Debt-to-Equity Ratio	0,84	0	0,02	0,02
Operating Profit Margin	8,66 %	5,35 %	8,11 %	6,02 %
Current Ratio	1,11	1,12	0,91	0,91
Quick Ratio	2,75	6,55	2,36	3,24
Equity Ratio	0,24	0,39	0,41	0,36
Gross Profit Margin	51,97 %	39,51 %	43,35 %	41,2 %