SEC INVEST AS

8400 SORTLAND

Finances

Return on Equity

−4,65 %

Current Ratio

−37,07

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	739 000	606 000	623 000	652 000
Net Income	−232 000	3 000	849 000	−177 000
Total Assets	10 493 000	10 923 000	10 603 000	11 531 000
Total Equity	4 992 000	5 224 000	5 221 000	6 473 000

Income (NOK)	2022	2021	2020	2019
Revenue	739 000	606 000	623 000	652 000
Expenditure	722 000	811 000	773 000	790 000
Operating Profit	17 000	−206 000	−150 000	−138 000
Financial Income	22 000	449 000	1 385 000	135 000
Financial Costs	311 000	230 000	503 000	253 000
Financial Balance	−289 000	219 000	882 000	−118 000
Earnings Before Tax	−272 000	13 000	733 000	−255 000
Tax	−40 000	10 000	−116 000	−78 000
Net Income	−232 000	3 000	849 000	−177 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 974 000	10 517 000	7 398 000	9 640 000
Total Current Assets	519 000	405 000	3 204 000	1 891 000
Total Assets	10 493 000	10 923 000	10 603 000	11 531 000
Total Retained Equity	4 703 000	4 935 000	4 933 000	6 184 000
Total Equity	4 992 000	5 224 000	5 221 000	6 473 000
Total Long-Term Debt	5 515 000	5 712 000	4 907 000	5 086 000
Total Current Debt	−14 000	−14 000	474 000	−28 000
Total Equity and Debt	10 493 000	10 923 000	10 603 000	11 531 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	739 000	606 000	623 000	652 000
Revenue	739 000	606 000	623 000	652 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	5 000	4 000	4 000
Depreciation	401 000	389 000	370 000	360 000
Impairment	0	0	0	0
Expenditure	722 000	811 000	773 000	790 000
Operating Profit	17 000	−206 000	−150 000	−138 000
Financial Income	22 000	449 000	1 385 000	135 000
Financial Costs	311 000	230 000	503 000	253 000
Financial Balance	−289 000	219 000	882 000	−118 000
Dividends	0	0	500 000	0
Net Income	−232 000	3 000	849 000	−177 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	325 000	285 000	295 000	179 000
Real Eastate	6 205 000	6 525 000	5 143 000	5 278 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	593 000	675 000	756 000	808 000
Total Tangible Assets	6 798 000	7 199 000	5 899 000	6 087 000
Total Fiancial Fixed Assets	2 851 000	3 033 000	1 204 000	3 375 000
Total Fixed Assets	9 974 000	10 517 000	7 398 000	9 640 000
Stock	0	0	0	0
Total Investments	60 000	151 000	2 388 000	0
Cash, Bank	304 000	191 000	760 000	1 840 000
Total Current Assets	519 000	405 000	3 204 000	1 891 000
Total Assets	10 493 000	10 923 000	10 603 000	11 531 000
Total Equity	4 992 000	5 224 000	5 221 000	6 473 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 515 000	5 712 000	4 907 000	5 086 000
Creditors	−20 000	−17 000	−40 000	−33 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	500 000	0
Other Current Debt	6 000	3 000	14 000	4 000
Total Current Debt	−14 000	−14 000	474 000	−28 000
Total Equity and Debt	10 493 000	10 923 000	10 603 000	11 531 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,65 %	0,06 %	16,26 %	−2,73 %
Debt-to-Equity Ratio	1,1	1,09	0,94	0,79
Operating Profit Margin	2,3 %	−33,99 %	−24,08 %	−21,17 %
Current Ratio	−37,07	−28,93	6,76	−67,54
Quick Ratio	−37,07	−28,93	6,76	−67,54
Equity Ratio	0,48	0,48	0,49	0,56
Gross Profit Margin	100 %	100 %	100 %	100 %