SERTEK AS

6009 ÅLESUND

Finances

Share Ownership

Return on Equity

18,54 %

Current Ratio

7,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 000	31 000	45 000	56 000
Net Income	38 000	21 000	−29 000	−10 000
Total Assets	235 000	105 000	101 000	109 000
Total Equity	205 000	167 000	146 000	175 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 000	31 000	45 000	56 000
Expenditure	9 000	4 000	82 000	69 000
Operating Profit	50 000	27 000	−37 000	−12 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	50 000	27 000	−37 000	−12 000
Tax	11 000	6 000	−8 000	−3 000
Net Income	38 000	21 000	−29 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	5 000	11 000	0
Total Current Assets	235 000	100 000	90 000	109 000
Total Assets	235 000	105 000	101 000	109 000
Total Retained Equity	105 000	67 000	46 000	75 000
Total Equity	205 000	167 000	146 000	175 000
Total Long-Term Debt	0	0	0	−3 000
Total Current Debt	30 000	−62 000	−45 000	−63 000
Total Equity and Debt	235 000	105 000	101 000	109 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 000	31 000	45 000	56 000
Other Income	0	0	0	0
Revenue	59 000	31 000	45 000	56 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	79 000	63 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 000	4 000	82 000	69 000
Operating Profit	50 000	27 000	−37 000	−12 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	38 000	21 000	−29 000	−10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	5 000	11 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	5 000	11 000	0
Stock	0	0	0	0
Total Investments	50 000	0	0	0
Cash, Bank	79 000	80 000	73 000	100 000
Total Current Assets	235 000	100 000	90 000	109 000
Total Assets	235 000	105 000	101 000	109 000
Total Equity	205 000	167 000	146 000	175 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	−3 000
Creditors	8 000	8 000	10 000	12 000
Unpaid Taxes	15 000	10 000	13 000	15 000
Dividends	0	0	0	0
Other Current Debt	0	−80 000	−69 000	−90 000
Total Current Debt	30 000	−62 000	−45 000	−63 000
Total Equity and Debt	235 000	105 000	101 000	109 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,54 %	12,57 %	−19,86 %	−5,71 %
Debt-to-Equity Ratio	0	0	0	−0,02
Operating Profit Margin	84,75 %	87,1 %	−82,22 %	−21,43 %
Current Ratio	7,83	−1,61	−2	−1,73
Quick Ratio	7,83	−1,61	−2	−1,73
Equity Ratio	0,87	1,59	1,45	1,61
Gross Profit Margin	100 %	100 %	100 %	100 %