SECURE PRACTICE AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

80,59 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 055 000	3 102 000	2 038 000	1 148 000
Net Income	1 702 000	63 000	−28 000	77 000
Total Assets	6 034 000	2 179 000	3 159 000	984 000
Total Equity	2 112 000	410 000	347 000	376 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 055 000	3 102 000	2 038 000	1 148 000
Expenditure	3 282 000	3 075 000	2 046 000	1 069 000
Operating Profit	1 774 000	27 000	−9 000	80 000
Financial Income	6 000	0	2 000	0
Financial Costs	17 000	10 000	22 000	4 000
Financial Balance	−11 000	−10 000	−20 000	−4 000
Earnings Before Tax	1 763 000	17 000	−28 000	76 000
Tax	62 000	−46 000	0	−1 000
Net Income	1 702 000	63 000	−28 000	77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	23 000	35 000	43 000
Total Current Assets	5 999 000	2 156 000	3 124 000	942 000
Total Assets	6 034 000	2 179 000	3 159 000	984 000
Total Retained Equity	2 088 000	386 000	323 000	351 000
Total Equity	2 112 000	410 000	347 000	376 000
Total Long-Term Debt	221 000	300 000	400 000	400 000
Total Current Debt	3 700 000	1 469 000	2 411 000	208 000
Total Equity and Debt	6 034 000	2 179 000	3 159 000	984 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 055 000	2 517 000	1 047 000	876 000
Other Income	0	584 000	991 000	272 000
Revenue	5 055 000	3 102 000	2 038 000	1 148 000
Cost of Goods Sold	396 000	28 000	0	14 000
Salary Costs	2 324 000	2 465 000	1 707 000	707 000
Depreciation	12 000	11 000	31 000	31 000
Impairment	0	0	0	0
Expenditure	3 282 000	3 075 000	2 046 000	1 069 000
Operating Profit	1 774 000	27 000	−9 000	80 000
Financial Income	6 000	0	2 000	0
Financial Costs	17 000	10 000	22 000	4 000
Financial Balance	−11 000	−10 000	−20 000	−4 000
Dividends	0	0	0	0
Net Income	1 702 000	63 000	−28 000	77 000

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	35 000	23 000	34 000	42 000
Total Tangible Assets	35 000	23 000	34 000	42 000
Total Fiancial Fixed Assets	0	1 000	1 000	1 000
Total Fixed Assets	35 000	23 000	35 000	43 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 057 000	1 268 000	2 884 000	374 000
Total Current Assets	5 999 000	2 156 000	3 124 000	942 000
Total Assets	6 034 000	2 179 000	3 159 000	984 000
Total Equity	2 112 000	410 000	347 000	376 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	221 000	300 000	400 000	400 000
Creditors	46 000	39 000	41 000	8 000
Unpaid Taxes	488 000	218 000	225 000	111 000
Dividends	0	0	0	0
Other Current Debt	3 166 000	1 212 000	2 146 000	90 000
Total Current Debt	3 700 000	1 469 000	2 411 000	208 000
Total Equity and Debt	6 034 000	2 179 000	3 159 000	984 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,59 %	15,37 %	−8,07 %	20,48 %
Debt-to-Equity Ratio	0,1	0,73	1,15	1,06
Operating Profit Margin	35,09 %	0,87 %	−0,44 %	6,97 %
Current Ratio	1,62	1,47	1,3	4,53
Quick Ratio	1,62	1,47	1,3	4,53
Equity Ratio	0,35	0,19	0,11	0,38
Gross Profit Margin	92,17 %	99,1 %	100 %	98,78 %