SEDICON AS

7037 TRONDHEIM

Finances

Share Ownership

Return on Equity

−540,38 %

Current Ratio

0,77

Debt-to-Equity Ratio

10,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 917 000	13 909 000	15 524 000	2 851 000
Net Income	−2 810 000	−657 000	0	−1 046 000
Total Assets	8 363 000	11 149 000	18 783 000	12 385 000
Total Equity	520 000	3 330 000	3 986 000	3 986 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 917 000	13 909 000	15 524 000	2 851 000
Expenditure	10 302 000	14 605 000	15 286 000	4 550 000
Operating Profit	−3 385 000	−697 000	238 000	−1 699 000
Financial Income	211 000	84 000	272 000	128 000
Financial Costs	325 000	229 000	507 000	4 000
Financial Balance	−114 000	−145 000	−235 000	124 000
Earnings Before Tax	−3 499 000	−842 000	3 000	−1 575 000
Tax	−689 000	−185 000	2 000	−529 000
Net Income	−2 810 000	−657 000	0	−1 046 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 339 000	6 892 000	5 693 000	3 979 000
Total Current Assets	2 024 000	4 256 000	13 090 000	8 406 000
Total Assets	8 363 000	11 149 000	18 783 000	12 385 000
Total Retained Equity	−2 810 000	0	−3 865 000	−3 865 000
Total Equity	520 000	3 330 000	3 986 000	3 986 000
Total Long-Term Debt	5 216 000	0	0	0
Total Current Debt	2 628 000	7 819 000	14 797 000	8 399 000
Total Equity and Debt	8 363 000	11 149 000	18 783 000	12 385 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 917 000	14 109 000	15 324 000	2 851 000
Other Income	0	−200 000	200 000	0
Revenue	6 917 000	13 909 000	15 524 000	2 851 000
Cost of Goods Sold	811 000	6 217 000	10 741 000	1 988 000
Salary Costs	2 833 000	2 421 000	1 963 000	1 121 000
Depreciation	1 243 000	866 000	437 000	4 000
Impairment	0	0	0	0
Expenditure	10 302 000	14 605 000	15 286 000	4 550 000
Operating Profit	−3 385 000	−697 000	238 000	−1 699 000
Financial Income	211 000	84 000	272 000	128 000
Financial Costs	325 000	229 000	507 000	4 000
Financial Balance	−114 000	−145 000	−235 000	124 000
Dividends	0	0	0	0
Net Income	−2 810 000	−657 000	0	−1 046 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 201 000	6 718 000	5 482 000	3 799 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	76 000	113 000	149 000	118 000
Total Tangible Assets	76 000	113 000	149 000	118 000
Total Fiancial Fixed Assets	62 000	62 000	62 000	62 000
Total Fixed Assets	6 339 000	6 892 000	5 693 000	3 979 000
Stock	314 000	399 000	1 184 000	1 587 000
Total Investments	0	0	0	0
Cash, Bank	290 000	1 468 000	8 533 000	3 375 000
Total Current Assets	2 024 000	4 256 000	13 090 000	8 406 000
Total Assets	8 363 000	11 149 000	18 783 000	12 385 000
Total Equity	520 000	3 330 000	3 986 000	3 986 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 216 000	0	0	0
Creditors	624 000	2 471 000	3 842 000	2 584 000
Unpaid Taxes	194 000	197 000	483 000	217 000
Dividends	0	0	0	0
Other Current Debt	1 810 000	2 527 000	10 472 000	5 598 000
Total Current Debt	2 628 000	7 819 000	14 797 000	8 399 000
Total Equity and Debt	8 363 000	11 149 000	18 783 000	12 385 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−540,38 %	−19,73 %	0 %	−26,24 %
Debt-to-Equity Ratio	10,03	0	0	0
Operating Profit Margin	−48,94 %	−5,01 %	1,53 %	−59,59 %
Current Ratio	0,77	0,54	0,88	1
Quick Ratio	0,87	0,57	0,96	1,23
Equity Ratio	0,06	0,3	0,21	0,32
Gross Profit Margin	88,28 %	55,3 %	30,81 %	30,27 %