SECURITYPRODUCTS AS

2770 JAREN

Finances

Share Ownership

Return on Equity

6,45 %

Current Ratio

1,77

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 942 000	12 087 000	11 491 000	8 888 000
Net Income	171 000	256 000	443 000	344 000
Total Assets	6 010 000	4 293 000	3 630 000	3 333 000
Total Equity	2 651 000	2 480 000	2 223 000	1 780 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 942 000	12 087 000	11 491 000	8 888 000
Expenditure	11 721 000	11 773 000	10 928 000	8 436 000
Operating Profit	221 000	315 000	563 000	453 000
Financial Income	0	3 000	4 000	4 000
Financial Costs	10 000	0	1 000	1 000
Financial Balance	−10 000	3 000	3 000	3 000
Earnings Before Tax	211 000	318 000	567 000	456 000
Tax	40 000	62 000	123 000	112 000
Net Income	171 000	256 000	443 000	344 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 750 000	464 000	109 000	137 000
Total Current Assets	4 260 000	3 829 000	3 521 000	3 196 000
Total Assets	6 010 000	4 293 000	3 630 000	3 333 000
Total Retained Equity	2 551 000	2 380 000	2 123 000	1 680 000
Total Equity	2 651 000	2 480 000	2 223 000	1 780 000
Total Long-Term Debt	959 000	0	0	0
Total Current Debt	2 401 000	1 814 000	1 406 000	1 553 000
Total Equity and Debt	6 010 000	4 293 000	3 630 000	3 333 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 917 000	12 051 000	11 481 000	8 877 000
Other Income	25 000	36 000	10 000	11 000
Revenue	11 942 000	12 087 000	11 491 000	8 888 000
Cost of Goods Sold	7 477 000	7 740 000	6 885 000	4 892 000
Salary Costs	2 459 000	2 538 000	2 711 000	2 098 000
Depreciation	211 000	65 000	65 000	62 000
Impairment	0	0	0	0
Expenditure	11 721 000	11 773 000	10 928 000	8 436 000
Operating Profit	221 000	315 000	563 000	453 000
Financial Income	0	3 000	4 000	4 000
Financial Costs	10 000	0	1 000	1 000
Financial Balance	−10 000	3 000	3 000	3 000
Dividends	0	0	0	0
Net Income	171 000	256 000	443 000	344 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 661 000	309 000	109 000	137 000
Total Tangible Assets	1 661 000	309 000	109 000	137 000
Total Fiancial Fixed Assets	90 000	155 000	0	0
Total Fixed Assets	1 750 000	464 000	109 000	137 000
Stock	1 285 000	1 038 000	795 000	627 000
Total Investments	0	0	0	0
Cash, Bank	1 661 000	1 877 000	1 844 000	1 616 000
Total Current Assets	4 260 000	3 829 000	3 521 000	3 196 000
Total Assets	6 010 000	4 293 000	3 630 000	3 333 000
Total Equity	2 651 000	2 480 000	2 223 000	1 780 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	959 000	0	0	0
Creditors	1 799 000	1 312 000	606 000	849 000
Unpaid Taxes	190 000	153 000	372 000	268 000
Dividends	0	0	0	0
Other Current Debt	398 000	286 000	304 000	325 000
Total Current Debt	2 401 000	1 814 000	1 406 000	1 553 000
Total Equity and Debt	6 010 000	4 293 000	3 630 000	3 333 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,45 %	10,32 %	19,93 %	19,33 %
Debt-to-Equity Ratio	0,36	0	0	0
Operating Profit Margin	1,85 %	2,61 %	4,9 %	5,1 %
Current Ratio	1,77	2,11	2,5	2,06
Quick Ratio	3,82	4,93	5,76	3,45
Equity Ratio	0,44	0,58	0,61	0,53
Gross Profit Margin	37,39 %	35,96 %	40,08 %	44,96 %