SETECH AS

5178 LODDEFJORD

Finances

Share Ownership

Return on Equity

0,51 %

Current Ratio

2,05

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	53 346 000	51 129 000	54 036 000	63 106 000
Net Income	180 000	296 000	577 000	3 753 000
Total Assets	75 733 000	66 047 000	70 708 000	58 405 000
Total Equity	35 357 000	35 177 000	34 881 000	34 304 000

Income (NOK)	2022	2021	2020	2019
Revenue	53 346 000	51 129 000	54 036 000	63 106 000
Expenditure	52 056 000	50 133 000	52 972 000	57 696 000
Operating Profit	1 289 000	997 000	1 064 000	5 411 000
Financial Income	210 000	216 000	336 000	255 000
Financial Costs	1 232 000	804 000	632 000	829 000
Financial Balance	−1 022 000	−588 000	−296 000	−574 000
Earnings Before Tax	267 000	409 000	768 000	4 837 000
Tax	88 000	112 000	191 000	1 084 000
Net Income	180 000	296 000	577 000	3 753 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 237 000	33 494 000	39 341 000	27 386 000
Total Current Assets	47 496 000	32 553 000	31 367 000	31 020 000
Total Assets	75 733 000	66 047 000	70 708 000	58 405 000
Total Retained Equity	32 906 000	32 726 000	32 430 000	31 853 000
Total Equity	35 357 000	35 177 000	34 881 000	34 304 000
Total Long-Term Debt	17 251 000	21 081 000	26 194 000	13 465 000
Total Current Debt	23 125 000	9 789 000	9 634 000	10 636 000
Total Equity and Debt	75 733 000	66 047 000	70 708 000	58 405 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 267 000	51 062 000	53 836 000	63 106 000
Other Income	78 000	68 000	200 000	0
Revenue	53 346 000	51 129 000	54 036 000	63 106 000
Cost of Goods Sold	12 541 000	15 151 000	18 565 000	22 148 000
Salary Costs	19 529 000	18 366 000	18 762 000	19 820 000
Depreciation	5 621 000	5 942 000	5 310 000	5 236 000
Impairment	0	0	0	0
Expenditure	52 056 000	50 133 000	52 972 000	57 696 000
Operating Profit	1 289 000	997 000	1 064 000	5 411 000
Financial Income	210 000	216 000	336 000	255 000
Financial Costs	1 232 000	804 000	632 000	829 000
Financial Balance	−1 022 000	−588 000	−296 000	−574 000
Dividends	0	0	0	0
Net Income	180 000	296 000	577 000	3 753 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 553 000	4 299 000	5 048 000	5 224 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	889 000	1 059 000	912 000	1 184 000
Total Tangible Assets	28 237 000	33 494 000	39 341 000	27 386 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 237 000	33 494 000	39 341 000	27 386 000
Stock	24 669 000	17 414 000	15 541 000	14 217 000
Total Investments	0	0	0	0
Cash, Bank	2 282 000	1 884 000	1 858 000	2 437 000
Total Current Assets	47 496 000	32 553 000	31 367 000	31 020 000
Total Assets	75 733 000	66 047 000	70 708 000	58 405 000
Total Equity	35 357 000	35 177 000	34 881 000	34 304 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 251 000	21 081 000	26 194 000	13 465 000
Creditors	7 011 000	2 022 000	3 545 000	4 195 000
Unpaid Taxes	2 625 000	2 280 000	2 595 000	2 299 000
Dividends	0	0	0	0
Other Current Debt	2 721 000	2 677 000	2 476 000	2 540 000
Total Current Debt	23 125 000	9 789 000	9 634 000	10 636 000
Total Equity and Debt	75 733 000	66 047 000	70 708 000	58 405 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,51 %	0,84 %	1,65 %	10,94 %
Debt-to-Equity Ratio	0,49	0,6	0,75	0,39
Operating Profit Margin	2,42 %	1,95 %	1,97 %	8,57 %
Current Ratio	2,05	3,33	3,26	2,92
Quick Ratio	−30,76	−4,27	−5,31	−8,66
Equity Ratio	0,47	0,53	0,49	0,59
Gross Profit Margin	76,49 %	70,37 %	65,64 %	64,9 %