SERVICE-TECH AS

7032 TRONDHEIM

Finances

Share Ownership

Return on Equity

3,8 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 287 000	6 312 000	6 214 000	9 328 000
Net Income	36 000	−26 000	492 000	209 000
Total Assets	2 476 000	1 622 000	2 455 000	2 201 000
Total Equity	947 000	911 000	1 236 000	894 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 287 000	6 312 000	6 214 000	9 328 000
Expenditure	6 240 000	6 251 000	5 576 000	9 053 000
Operating Profit	47 000	62 000	638 000	276 000
Financial Income	1 000	1 000	7 000	4 000
Financial Costs	1 000	95 000	14 000	12 000
Financial Balance	0	−94 000	−7 000	−8 000
Earnings Before Tax	46 000	−33 000	631 000	268 000
Tax	10 000	−7 000	139 000	59 000
Net Income	36 000	−26 000	492 000	209 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	155 000	251 000	215 000	289 000
Total Current Assets	2 321 000	1 371 000	2 240 000	1 912 000
Total Assets	2 476 000	1 622 000	2 455 000	2 201 000
Total Retained Equity	797 000	761 000	1 086 000	744 000
Total Equity	947 000	911 000	1 236 000	894 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 529 000	711 000	1 219 000	1 307 000
Total Equity and Debt	2 476 000	1 622 000	2 455 000	2 201 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 208 000	6 232 000	6 178 000	9 328 000
Other Income	79 000	80 000	36 000	0
Revenue	6 287 000	6 312 000	6 214 000	9 328 000
Cost of Goods Sold	3 000 000	3 150 000	2 329 000	4 308 000
Salary Costs	2 199 000	1 921 000	2 124 000	3 279 000
Depreciation	54 000	56 000	59 000	100 000
Impairment	0	0	0	0
Expenditure	6 240 000	6 251 000	5 576 000	9 053 000
Operating Profit	47 000	62 000	638 000	276 000
Financial Income	1 000	1 000	7 000	4 000
Financial Costs	1 000	95 000	14 000	12 000
Financial Balance	0	−94 000	−7 000	−8 000
Dividends	0	0	0	0
Net Income	36 000	−26 000	492 000	209 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	39 000	32 000	47 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	2 000	6 000
Fixtures	73 000	127 000	181 000	236 000
Total Tangible Assets	73 000	127 000	183 000	242 000
Total Fiancial Fixed Assets	54 000	85 000	0	0
Total Fixed Assets	155 000	251 000	215 000	289 000
Stock	263 000	194 000	321 000	415 000
Total Investments	0	0	0	0
Cash, Bank	530 000	458 000	750 000	525 000
Total Current Assets	2 321 000	1 371 000	2 240 000	1 912 000
Total Assets	2 476 000	1 622 000	2 455 000	2 201 000
Total Equity	947 000	911 000	1 236 000	894 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	629 000	151 000	320 000	277 000
Unpaid Taxes	211 000	344 000	416 000	474 000
Dividends	0	0	0	0
Other Current Debt	689 000	217 000	359 000	462 000
Total Current Debt	1 529 000	711 000	1 219 000	1 307 000
Total Equity and Debt	2 476 000	1 622 000	2 455 000	2 201 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,8 %	−2,85 %	39,81 %	23,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,75 %	0,98 %	10,27 %	2,96 %
Current Ratio	1,52	1,93	1,84	1,46
Quick Ratio	1,83	2,65	2,49	2,14
Equity Ratio	0,38	0,56	0,5	0,41
Gross Profit Margin	52,28 %	50,1 %	62,52 %	53,82 %