SEC AS

1361 ØSTERÅS

Finances

Share Ownership

Return on Equity

−2,63 %

Current Ratio

2,58

Debt-to-Equity Ratio

5,79

Key figures (NOK)	2021	2020	2019	2018
Revenue	583 000	871 000	1 350 000	0
Net Income	−2 000	7 000	78 000	−38 000
Total Assets	719 000	496 000	378 000	92 000
Total Equity	76 000	78 000	71 000	−8 000

Income (NOK)	2021	2020	2019	2018
Revenue	583 000	871 000	1 350 000	0
Expenditure	571 000	844 000	1 257 000	37 000
Operating Profit	12 000	26 000	93 000	−37 000
Financial Income	0	0	0	0
Financial Costs	13 000	17 000	3 000	0
Financial Balance	−13 000	−17 000	−3 000	0
Earnings Before Tax	−1 000	9 000	91 000	−38 000
Tax	0	2 000	13 000	0
Net Income	−2 000	7 000	78 000	−38 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	196 000	238 000	69 000	44 000
Total Current Assets	523 000	258 000	309 000	48 000
Total Assets	719 000	496 000	378 000	92 000
Total Retained Equity	46 000	48 000	41 000	−38 000
Total Equity	76 000	78 000	71 000	−8 000
Total Long-Term Debt	440 000	207 000	0	0
Total Current Debt	203 000	211 000	307 000	99 000
Total Equity and Debt	719 000	496 000	378 000	92 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	583 000	871 000	1 350 000	0
Other Income	0	0	0	0
Revenue	583 000	871 000	1 350 000	0
Cost of Goods Sold	5 000	166 000	445 000	0
Salary Costs	395 000	438 000	473 000	0
Depreciation	39 000	39 000	0	0
Impairment	0	0	0	0
Expenditure	571 000	844 000	1 257 000	37 000
Operating Profit	12 000	26 000	93 000	−37 000
Financial Income	0	0	0	0
Financial Costs	13 000	17 000	3 000	0
Financial Balance	−13 000	−17 000	−3 000	0
Dividends	0	0	0	0
Net Income	−2 000	7 000	78 000	−38 000

Balance details (NOK)	2021	2020	2019	2018
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	196 000	236 000	0	0
Total Tangible Assets	196 000	236 000	0	0
Total Fiancial Fixed Assets	0	3 000	69 000	44 000
Total Fixed Assets	196 000	238 000	69 000	44 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	483 000	150 000	220 000	17 000
Total Current Assets	523 000	258 000	309 000	48 000
Total Assets	719 000	496 000	378 000	92 000
Total Equity	76 000	78 000	71 000	−8 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	440 000	207 000	0	0
Creditors	21 000	6 000	13 000	0
Unpaid Taxes	107 000	84 000	67 000	0
Dividends	0	0	0	0
Other Current Debt	75 000	121 000	214 000	99 000
Total Current Debt	203 000	211 000	307 000	99 000
Total Equity and Debt	719 000	496 000	378 000	92 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−2,63 %	8,97 %	109,86 %	475 %
Debt-to-Equity Ratio	5,79	2,65	0	−0
Operating Profit Margin	2,06 %	2,99 %	6,89 %	-
Current Ratio	2,58	1,22	1,01	0,48
Quick Ratio	2,58	1,22	1,01	0,48
Equity Ratio	0,11	0,16	0,19	−0,09
Gross Profit Margin	99,14 %	80,94 %	67,04 %	-