SERVOGEAR AS

5420 RUBBESTADNESET

Finances

Share Ownership

Return on Equity

−27,17 %

Current Ratio

0,97

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	116 038 000	126 482 000	78 121 000	98 401 000
Net Income	−5 603 000	771 000	−610 000	−3 246 000
Total Assets	99 316 000	93 512 000	88 934 000	89 945 000
Total Equity	20 620 000	26 224 000	23 422 000	25 033 000

Income (NOK)	2022	2021	2020	2019
Revenue	116 038 000	126 482 000	78 121 000	98 401 000
Expenditure	128 254 000	130 176 000	80 024 000	103 588 000
Operating Profit	−7 704 000	1 828 000	893 000	−2 757 000
Financial Income	1 294 000	384 000	806 000	391 000
Financial Costs	2 879 000	1 814 000	2 469 000	1 781 000
Financial Balance	−1 585 000	−1 430 000	−1 663 000	−1 390 000
Earnings Before Tax	−9 290 000	398 000	−771 000	−4 146 000
Tax	−3 687 000	−373 000	−160 000	−900 000
Net Income	−5 603 000	771 000	−610 000	−3 246 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 270 000	16 076 000	13 178 000	16 523 000
Total Current Assets	75 046 000	77 436 000	75 756 000	73 422 000
Total Assets	99 316 000	93 512 000	88 934 000	89 945 000
Total Retained Equity	2 625 000	8 228 000	8 527 000	18 939 000
Total Equity	20 620 000	26 224 000	23 422 000	25 033 000
Total Long-Term Debt	1 711 000	25 873 000	39 307 000	27 326 000
Total Current Debt	76 984 000	41 416 000	26 205 000	37 586 000
Total Equity and Debt	99 316 000	93 512 000	88 934 000	89 945 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	116 038 000	126 482 000	78 035 000	98 401 000
Other Income	0	0	85 000	0
Revenue	116 038 000	126 482 000	78 121 000	98 401 000
Cost of Goods Sold	73 270 000	83 144 000	39 305 000	57 560 000
Salary Costs	40 162 000	34 497 000	29 842 000	32 418 000
Depreciation	3 088 000	2 977 000	2 716 000	2 563 000
Impairment	0	0	0	0
Expenditure	128 254 000	130 176 000	80 024 000	103 588 000
Operating Profit	−7 704 000	1 828 000	893 000	−2 757 000
Financial Income	1 294 000	384 000	806 000	391 000
Financial Costs	2 879 000	1 814 000	2 469 000	1 781 000
Financial Balance	−1 585 000	−1 430 000	−1 663 000	−1 390 000
Dividends	0	0	1 000 000	0
Net Income	−5 603 000	771 000	−610 000	−3 246 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 918 000	9 121 000	7 676 000	10 839 000
Real Eastate	190 000	243 000	266 000	315 000
Machinery and Plant Facilities	1 587 000	1 429 000	1 309 000	853 000
Fixtures	7 574 000	5 283 000	3 927 000	4 516 000
Total Tangible Assets	9 351 000	6 955 000	5 502 000	5 684 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 270 000	16 076 000	13 178 000	16 523 000
Stock	47 266 000	42 555 000	44 609 000	41 813 000
Total Investments	0	0	0	0
Cash, Bank	9 997 000	1 732 000	7 913 000	1 602 000
Total Current Assets	75 046 000	77 436 000	75 756 000	73 422 000
Total Assets	99 316 000	93 512 000	88 934 000	89 945 000
Total Equity	20 620 000	26 224 000	23 422 000	25 033 000
Short-Term Group Debt	44 158 000	0	0	0
Total Long-Term Debt	1 711 000	25 873 000	39 307 000	27 326 000
Creditors	10 103 000	18 459 000	9 670 000	15 014 000
Unpaid Taxes	3 231 000	3 012 000	2 356 000	2 857 000
Dividends	0	0	1 000 000	0
Other Current Debt	19 491 000	10 755 000	13 179 000	8 773 000
Total Current Debt	76 984 000	41 416 000	26 205 000	37 586 000
Total Equity and Debt	99 316 000	93 512 000	88 934 000	89 945 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,17 %	2,94 %	−2,6 %	−12,97 %
Debt-to-Equity Ratio	0,08	0,99	1,68	1,09
Operating Profit Margin	−6,64 %	1,45 %	1,14 %	−2,8 %
Current Ratio	0,97	1,87	2,89	1,95
Quick Ratio	2,53	−67,99	−4,12	−17,37
Equity Ratio	0,21	0,28	0,26	0,28
Gross Profit Margin	36,86 %	34,26 %	49,69 %	41,5 %