SURFTEC AS

4616 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

12,09 %

Current Ratio

3,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 249 000	1 673 000	981 000	1 755 000
Net Income	275 000	630 000	153 000	356 000
Total Assets	3 143 000	3 796 000	2 974 000	3 164 000
Total Equity	2 275 000	2 401 000	2 470 000	2 617 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 249 000	1 673 000	981 000	1 755 000
Expenditure	920 000	866 000	797 000	1 321 000
Operating Profit	329 000	807 000	183 000	433 000
Financial Income	25 000	8 000	16 000	23 000
Financial Costs	0	7 000	2 000	0
Financial Balance	25 000	1 000	14 000	23 000
Earnings Before Tax	354 000	808 000	197 000	456 000
Tax	79 000	178 000	44 000	100 000
Net Income	275 000	630 000	153 000	356 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	34 000	42 000	36 000
Total Current Assets	3 121 000	3 763 000	2 932 000	3 128 000
Total Assets	3 143 000	3 796 000	2 974 000	3 164 000
Total Retained Equity	2 030 000	2 156 000	2 225 000	2 372 000
Total Equity	2 275 000	2 401 000	2 470 000	2 617 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	867 000	1 396 000	504 000	547 000
Total Equity and Debt	3 143 000	3 796 000	2 974 000	3 164 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 249 000	1 673 000	981 000	1 755 000
Other Income	0	0	0	0
Revenue	1 249 000	1 673 000	981 000	1 755 000
Cost of Goods Sold	47 000	48 000	63 000	75 000
Salary Costs	447 000	441 000	369 000	857 000
Depreciation	12 000	8 000	10 000	9 000
Impairment	0	0	0	0
Expenditure	920 000	866 000	797 000	1 321 000
Operating Profit	329 000	807 000	183 000	433 000
Financial Income	25 000	8 000	16 000	23 000
Financial Costs	0	7 000	2 000	0
Financial Balance	25 000	1 000	14 000	23 000
Dividends	0	0	300 000	0
Net Income	275 000	630 000	153 000	356 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	22 000	34 000	42 000	36 000
Fixtures	0	0	0	0
Total Tangible Assets	22 000	34 000	42 000	36 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 000	34 000	42 000	36 000
Stock	172 000	180 000	189 000	205 000
Total Investments	0	0	0	0
Cash, Bank	2 862 000	3 563 000	2 698 000	2 874 000
Total Current Assets	3 121 000	3 763 000	2 932 000	3 128 000
Total Assets	3 143 000	3 796 000	2 974 000	3 164 000
Total Equity	2 275 000	2 401 000	2 470 000	2 617 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	0	0
Unpaid Taxes	41 000	55 000	22 000	64 000
Dividends	0	0	300 000	0
Other Current Debt	747 000	1 163 000	138 000	382 000
Total Current Debt	867 000	1 396 000	504 000	547 000
Total Equity and Debt	3 143 000	3 796 000	2 974 000	3 164 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,09 %	26,24 %	6,19 %	13,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	26,34 %	48,24 %	18,65 %	24,67 %
Current Ratio	3,6	2,7	5,82	5,72
Quick Ratio	4,49	3,09	9,31	9,15
Equity Ratio	0,72	0,63	0,83	0,83
Gross Profit Margin	96,24 %	97,13 %	93,58 %	95,73 %