SEMMEC AS

1664 ROLVSØY

Finances

Share Ownership

Return on Equity

83,55 %

Current Ratio

1,73

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020
Revenue	6 190 000	5 182 000	2 378 000
Net Income	889 000	644 000	777 000
Total Assets	2 834 000	2 704 000	2 025 000
Total Equity	1 064 000	674 000	537 000

Income (NOK)	2022	2021	2020
Revenue	6 190 000	5 182 000	2 378 000
Expenditure	5 038 000	4 327 000	1 381 000
Operating Profit	1 153 000	855 000	997 000
Financial Income	4 000	1 000	0
Financial Costs	8 000	31 000	0
Financial Balance	−4 000	−30 000	0
Earnings Before Tax	1 149 000	826 000	996 000
Tax	260 000	182 000	219 000
Net Income	889 000	644 000	777 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	483 000	752 000	814 000
Total Current Assets	2 351 000	1 952 000	1 210 000
Total Assets	2 834 000	2 704 000	2 025 000
Total Retained Equity	1 034 000	644 000	507 000
Total Equity	1 064 000	674 000	537 000
Total Long-Term Debt	411 000	748 000	813 000
Total Current Debt	1 359 000	1 282 000	675 000
Total Equity and Debt	2 834 000	2 704 000	2 025 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 004 000	5 182 000	2 378 000
Other Income	187 000	0	0
Revenue	6 190 000	5 182 000	2 378 000
Cost of Goods Sold	1 254 000	1 017 000	302 000
Salary Costs	2 769 000	2 292 000	783 000
Depreciation	89 000	191 000	1 000
Impairment	0	0	0
Expenditure	5 038 000	4 327 000	1 381 000
Operating Profit	1 153 000	855 000	997 000
Financial Income	4 000	1 000	0
Financial Costs	8 000	31 000	0
Financial Balance	−4 000	−30 000	0
Dividends	500 000	507 000	270 000
Net Income	889 000	644 000	777 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	410 000	752 000	814 000
Total Tangible Assets	410 000	752 000	814 000
Total Fiancial Fixed Assets	72 000	0	0
Total Fixed Assets	483 000	752 000	814 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 555 000	1 709 000	753 000
Total Current Assets	2 351 000	1 952 000	1 210 000
Total Assets	2 834 000	2 704 000	2 025 000
Total Equity	1 064 000	674 000	537 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	411 000	748 000	813 000
Creditors	109 000	123 000	20 000
Unpaid Taxes	571 000	374 000	137 000
Dividends	500 000	507 000	270 000
Other Current Debt	438 000	603 000	72 000
Total Current Debt	1 359 000	1 282 000	675 000
Total Equity and Debt	2 834 000	2 704 000	2 025 000

Financial indicators	2022	2021	2020
Return on Equity	83,55 %	95,55 %	144,69 %
Debt-to-Equity Ratio	0,39	1,11	1,51
Operating Profit Margin	18,63 %	16,5 %	41,93 %
Current Ratio	1,73	1,52	1,79
Quick Ratio	1,73	1,52	1,79
Equity Ratio	0,38	0,25	0,27
Gross Profit Margin	79,74 %	80,37 %	87,3 %