SEKO ELEKTRO AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

56,15 %

Current Ratio

2,12

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	118 342 000	72 861 000	82 968 000	76 888 000
Net Income	12 781 000	11 874 000	8 667 000	9 844 000
Total Assets	45 757 000	28 867 000	35 553 000	36 288 000
Total Equity	22 764 000	9 984 000	18 188 000	18 521 000

Income (NOK)	2022	2021	2020	2019
Revenue	118 342 000	72 861 000	82 968 000	76 888 000
Expenditure	102 328 000	61 108 000	72 775 000	68 721 000
Operating Profit	16 013 000	11 752 000	10 193 000	8 167 000
Financial Income	418 000	2 722 000	766 000	3 550 000
Financial Costs	11 000	2 000	21 000	20 000
Financial Balance	407 000	2 720 000	745 000	3 530 000
Earnings Before Tax	16 420 000	14 472 000	10 938 000	11 697 000
Tax	3 640 000	2 599 000	2 271 000	1 853 000
Net Income	12 781 000	11 874 000	8 667 000	9 844 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	98 000	135 000	4 611 000	4 447 000
Total Current Assets	45 659 000	28 732 000	30 942 000	31 841 000
Total Assets	45 757 000	28 867 000	35 553 000	36 288 000
Total Retained Equity	22 110 000	9 329 000	17 533 000	17 866 000
Total Equity	22 764 000	9 984 000	18 188 000	18 521 000
Total Long-Term Debt	1 477 000	1 330 000	1 200 000	1 200 000
Total Current Debt	21 515 000	17 553 000	16 165 000	16 567 000
Total Equity and Debt	45 757 000	28 867 000	35 553 000	36 288 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	118 292 000	72 443 000	82 968 000	76 876 000
Other Income	50 000	417 000	0	12 000
Revenue	118 342 000	72 861 000	82 968 000	76 888 000
Cost of Goods Sold	56 142 000	25 950 000	39 158 000	34 842 000
Salary Costs	33 989 000	27 456 000	25 658 000	25 220 000
Depreciation	40 000	75 000	183 000	228 000
Impairment	0	0	0	0
Expenditure	102 328 000	61 108 000	72 775 000	68 721 000
Operating Profit	16 013 000	11 752 000	10 193 000	8 167 000
Financial Income	418 000	2 722 000	766 000	3 550 000
Financial Costs	11 000	2 000	21 000	20 000
Financial Balance	407 000	2 720 000	745 000	3 530 000
Dividends	0	20 078 000	9 000 000	9 000 000
Net Income	12 781 000	11 874 000	8 667 000	9 844 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	105 000	177 000
Real Eastate	0	0	2 333 000	2 462 000
Machinery and Plant Facilities	0	20 000	71 000	108 000
Fixtures	16 000	22 000	45 000	34 000
Total Tangible Assets	16 000	42 000	2 449 000	2 604 000
Total Fiancial Fixed Assets	81 000	93 000	2 057 000	1 665 000
Total Fixed Assets	98 000	135 000	4 611 000	4 447 000
Stock	752 000	336 000	320 000	325 000
Total Investments	0	0	5 596 000	5 208 000
Cash, Bank	33 466 000	17 771 000	12 794 000	11 277 000
Total Current Assets	45 659 000	28 732 000	30 942 000	31 841 000
Total Assets	45 757 000	28 867 000	35 553 000	36 288 000
Total Equity	22 764 000	9 984 000	18 188 000	18 521 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 477 000	1 330 000	1 200 000	1 200 000
Creditors	8 662 000	6 317 000	4 983 000	4 165 000
Unpaid Taxes	3 694 000	3 827 000	4 082 000	3 790 000
Dividends	0	20 078 000	9 000 000	9 000 000
Other Current Debt	5 667 000	5 045 000	4 901 000	5 826 000
Total Current Debt	21 515 000	17 553 000	16 165 000	16 567 000
Total Equity and Debt	45 757 000	28 867 000	35 553 000	36 288 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,15 %	118,93 %	47,65 %	53,15 %
Debt-to-Equity Ratio	0,06	0,13	0,07	0,06
Operating Profit Margin	13,53 %	16,13 %	12,29 %	10,62 %
Current Ratio	2,12	1,64	1,91	1,92
Quick Ratio	2,2	1,67	1,95	1,96
Equity Ratio	0,5	0,35	0,51	0,51
Gross Profit Margin	52,56 %	64,38 %	52,8 %	54,68 %