SECO TOOLS AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

32,67 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 609 000	53 842 000	56 999 000	68 570 000
Net Income	1 983 000	1 422 000	2 057 000	3 889 000
Total Assets	16 408 000	13 080 000	14 986 000	20 031 000
Total Equity	6 069 000	6 069 000	5 648 000	4 591 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 609 000	53 842 000	56 999 000	68 570 000
Expenditure	58 033 000	51 907 000	54 304 000	63 553 000
Operating Profit	2 577 000	1 935 000	2 696 000	5 018 000
Financial Income	48 000	0	27 000	69 000
Financial Costs	78 000	108 000	83 000	49 000
Financial Balance	−30 000	−108 000	−56 000	20 000
Earnings Before Tax	2 547 000	1 827 000	2 640 000	5 037 000
Tax	564 000	406 000	583 000	1 149 000
Net Income	1 983 000	1 422 000	2 057 000	3 889 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 000	42 000	69 000	71 000
Total Current Assets	16 370 000	13 038 000	14 917 000	19 959 000
Total Assets	16 408 000	13 080 000	14 986 000	20 031 000
Total Retained Equity	4 069 000	4 069 000	3 648 000	2 591 000
Total Equity	6 069 000	6 069 000	5 648 000	4 591 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 339 000	7 011 000	9 338 000	15 440 000
Total Equity and Debt	16 408 000	13 080 000	14 986 000	20 031 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 609 000	53 842 000	56 999 000	68 570 000
Other Income	0	0	0	0
Revenue	60 609 000	53 842 000	56 999 000	68 570 000
Cost of Goods Sold	42 230 000	36 967 000	38 507 000	47 961 000
Salary Costs	11 028 000	9 861 000	7 870 000	8 861 000
Depreciation	0	0	0	8 000
Impairment	0	0	0	0
Expenditure	58 033 000	51 907 000	54 304 000	63 553 000
Operating Profit	2 577 000	1 935 000	2 696 000	5 018 000
Financial Income	48 000	0	27 000	69 000
Financial Costs	78 000	108 000	83 000	49 000
Financial Balance	−30 000	−108 000	−56 000	20 000
Dividends	1 983 000	1 000 000	1 000 000	2 000 000
Net Income	1 983 000	1 422 000	2 057 000	3 889 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	42 000	69 000	71 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	38 000	42 000	69 000	71 000
Stock	900 000	453 000	657 000	793 000
Total Investments	0	0	0	0
Cash, Bank	4 670 000	725 000	4 999 000	8 745 000
Total Current Assets	16 370 000	13 038 000	14 917 000	19 959 000
Total Assets	16 408 000	13 080 000	14 986 000	20 031 000
Total Equity	6 069 000	6 069 000	5 648 000	4 591 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 800 000	331 000	4 278 000	2 689 000
Unpaid Taxes	3 053 000	2 626 000	2 432 000	8 156 000
Dividends	1 983 000	1 000 000	1 000 000	2 000 000
Other Current Debt	942 000	2 675 000	1 050 000	1 611 000
Total Current Debt	10 339 000	7 011 000	9 338 000	15 440 000
Total Equity and Debt	16 408 000	13 080 000	14 986 000	20 031 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,67 %	23,43 %	36,42 %	84,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,25 %	3,59 %	4,73 %	7,32 %
Current Ratio	1,58	1,86	1,6	1,29
Quick Ratio	1,73	1,99	1,72	1,36
Equity Ratio	0,37	0,46	0,38	0,23
Gross Profit Margin	30,32 %	31,34 %	32,44 %	30,06 %