SERVETHEWORLD AS

0671 OSLO

Finances

Share Ownership

Return on Equity

13,73 %

Current Ratio

1,21

Debt-to-Equity Ratio

1,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 618 000	11 942 000	11 439 000	11 432 000
Net Income	413 000	570 000	1 185 000	405 000
Total Assets	9 482 000	8 714 000	5 937 000	5 687 000
Total Equity	3 007 000	2 994 000	2 424 000	1 239 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 618 000	11 942 000	11 439 000	11 432 000
Expenditure	12 802 000	11 175 000	9 816 000	10 703 000
Operating Profit	816 000	768 000	1 624 000	729 000
Financial Income	42 000	65 000	20 000	14 000
Financial Costs	307 000	210 000	219 000	220 000
Financial Balance	−265 000	−145 000	−199 000	−206 000
Earnings Before Tax	551 000	623 000	1 424 000	524 000
Tax	138 000	53 000	238 000	119 000
Net Income	413 000	570 000	1 185 000	405 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 573 000	4 494 000	3 923 000	3 860 000
Total Current Assets	3 909 000	4 220 000	2 014 000	1 827 000
Total Assets	9 482 000	8 714 000	5 937 000	5 687 000
Total Retained Equity	2 907 000	2 894 000	2 324 000	1 139 000
Total Equity	3 007 000	2 994 000	2 424 000	1 239 000
Total Long-Term Debt	3 247 000	2 825 000	1 599 000	1 808 000
Total Current Debt	3 228 000	2 895 000	1 914 000	2 640 000
Total Equity and Debt	9 482 000	8 714 000	5 937 000	5 687 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 506 000	11 916 000	11 376 000	11 348 000
Other Income	112 000	26 000	63 000	84 000
Revenue	13 618 000	11 942 000	11 439 000	11 432 000
Cost of Goods Sold	897 000	764 000	609 000	459 000
Salary Costs	5 188 000	4 548 000	3 923 000	4 783 000
Depreciation	1 986 000	1 820 000	1 652 000	1 767 000
Impairment	0	0	0	0
Expenditure	12 802 000	11 175 000	9 816 000	10 703 000
Operating Profit	816 000	768 000	1 624 000	729 000
Financial Income	42 000	65 000	20 000	14 000
Financial Costs	307 000	210 000	219 000	220 000
Financial Balance	−265 000	−145 000	−199 000	−206 000
Dividends	400 000	0	0	0
Net Income	413 000	570 000	1 185 000	405 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	288 000	317 000	325 000	309 000
Real Eastate	499 000	525 000	464 000	482 000
Machinery and Plant Facilities	787 000	0	0	0
Fixtures	3 299 000	3 031 000	2 669 000	3 054 000
Total Tangible Assets	4 584 000	3 557 000	3 132 000	3 536 000
Total Fiancial Fixed Assets	701 000	620 000	466 000	15 000
Total Fixed Assets	5 573 000	4 494 000	3 923 000	3 860 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 183 000	2 060 000	660 000	569 000
Total Current Assets	3 909 000	4 220 000	2 014 000	1 827 000
Total Assets	9 482 000	8 714 000	5 937 000	5 687 000
Total Equity	3 007 000	2 994 000	2 424 000	1 239 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 247 000	2 825 000	1 599 000	1 808 000
Creditors	385 000	389 000	182 000	301 000
Unpaid Taxes	1 060 000	1 128 000	654 000	950 000
Dividends	400 000	0	0	0
Other Current Debt	1 275 000	1 377 000	1 078 000	1 233 000
Total Current Debt	3 228 000	2 895 000	1 914 000	2 640 000
Total Equity and Debt	9 482 000	8 714 000	5 937 000	5 687 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,73 %	19,04 %	48,89 %	32,69 %
Debt-to-Equity Ratio	1,08	0,94	0,66	1,46
Operating Profit Margin	5,99 %	6,43 %	14,2 %	6,38 %
Current Ratio	1,21	1,46	1,05	0,69
Quick Ratio	1,21	1,46	1,05	0,69
Equity Ratio	0,32	0,34	0,41	0,22
Gross Profit Margin	93,41 %	93,6 %	94,68 %	95,98 %