SEPAS AS

0250 OSLO

Finances

Return on Equity

−0,87 %

Current Ratio

1,66

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 825 000	5 268 000	4 874 000	5 286 000
Net Income	−739 000	−774 000	−1 802 000	113 807 000
Total Assets	90 113 000	88 734 000	87 433 000	185 756 000
Total Equity	84 849 000	83 243 000	82 878 000	84 477 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 825 000	5 268 000	4 874 000	5 286 000
Expenditure	6 780 000	6 261 000	7 247 000	5 640 000
Operating Profit	−955 000	−993 000	−2 373 000	−354 000
Financial Income	8 000	0	50 000	114 089 000
Financial Costs	0	0	1 000	4 000
Financial Balance	8 000	0	49 000	114 085 000
Earnings Before Tax	−947 000	−993 000	−2 323 000	113 731 000
Tax	−208 000	−218 000	−521 000	−76 000
Net Income	−739 000	−774 000	−1 802 000	113 807 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	86 176 000	86 523 000	85 295 000	184 186 000
Total Current Assets	3 937 000	2 211 000	2 138 000	1 570 000
Total Assets	90 113 000	88 734 000	87 433 000	185 756 000
Total Retained Equity	69 829 000	68 223 000	67 858 000	69 457 000
Total Equity	84 849 000	83 243 000	82 878 000	84 477 000
Total Long-Term Debt	2 895 000	3 162 000	3 349 000	1 581 000
Total Current Debt	2 369 000	2 329 000	1 206 000	99 698 000
Total Equity and Debt	90 113 000	88 734 000	87 433 000	185 756 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	5 268 000	0	5 286 000
Other Income	5 825 000	0	4 874 000	0
Revenue	5 825 000	5 268 000	4 874 000	5 286 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 976 000	5 804 000	6 705 000	3 969 000
Depreciation	280 000	117 000	36 000	0
Impairment	0	0	0	0
Expenditure	6 780 000	6 261 000	7 247 000	5 640 000
Operating Profit	−955 000	−993 000	−2 373 000	−354 000
Financial Income	8 000	0	50 000	114 089 000
Financial Costs	0	0	1 000	4 000
Financial Balance	8 000	0	49 000	114 085 000
Dividends	0	0	0	0
Net Income	−739 000	−774 000	−1 802 000	113 807 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	565 000	632 000	734 000	270 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	539 000	0
Fixtures	1 589 000	1 869 000	0	0
Total Tangible Assets	1 589 000	1 869 000	539 000	0
Total Fiancial Fixed Assets	84 022 000	84 022 000	84 022 000	183 916 000
Total Fixed Assets	86 176 000	86 523 000	85 295 000	184 186 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	838 000	664 000	713 000	1 570 000
Total Current Assets	3 937 000	2 211 000	2 138 000	1 570 000
Total Assets	90 113 000	88 734 000	87 433 000	185 756 000
Total Equity	84 849 000	83 243 000	82 878 000	84 477 000
Short-Term Group Debt	1 000 000	1 460 000	0	98 599 000
Total Long-Term Debt	2 895 000	3 162 000	3 349 000	1 581 000
Creditors	78 000	0	0	401 000
Unpaid Taxes	441 000	412 000	414 000	348 000
Dividends	0	0	0	0
Other Current Debt	470 000	456 000	792 000	350 000
Total Current Debt	2 369 000	2 329 000	1 206 000	99 698 000
Total Equity and Debt	90 113 000	88 734 000	87 433 000	185 756 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,87 %	−0,93 %	−2,17 %	134,72 %
Debt-to-Equity Ratio	0,03	0,04	0,04	0,02
Operating Profit Margin	−16,39 %	−18,85 %	−48,69 %	−6,7 %
Current Ratio	1,66	0,95	1,77	0,02
Quick Ratio	1,66	0,95	1,77	0,02
Equity Ratio	0,94	0,94	0,95	0,45
Gross Profit Margin	100 %	100 %	100 %	100 %