SERVTECH SERVICE AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

14,3 %

Current Ratio

2,17

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	244 000	226 000	290 000	729 000
Net Income	106 000	−52 000	39 000	−25 000
Total Assets	855 000	944 000	1 221 000	1 302 000
Total Equity	741 000	634 000	686 000	647 000

Income (NOK)	2022	2021	2020	2019
Revenue	244 000	226 000	290 000	729 000
Expenditure	119 000	251 000	213 000	702 000
Operating Profit	125 000	−24 000	77 000	27 000
Financial Income	0	0	0	0
Financial Costs	18 000	27 000	38 000	52 000
Financial Balance	−18 000	−27 000	−38 000	−52 000
Earnings Before Tax	106 000	−52 000	39 000	−25 000
Tax	0	0	0	0
Net Income	106 000	−52 000	39 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	650 000	623 000	633 000	652 000
Total Current Assets	206 000	321 000	588 000	650 000
Total Assets	855 000	944 000	1 221 000	1 302 000
Total Retained Equity	106 000	0	39 000	0
Total Equity	741 000	634 000	686 000	647 000
Total Long-Term Debt	20 000	254 000	488 000	605 000
Total Current Debt	95 000	56 000	47 000	50 000
Total Equity and Debt	855 000	944 000	1 221 000	1 302 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 000	0	290 000	292 000
Other Income	241 000	226 000	0	437 000
Revenue	244 000	226 000	290 000	729 000
Cost of Goods Sold	27 000	104 000	23 000	96 000
Salary Costs	0	0	4 000	6 000
Depreciation	16 000	10 000	19 000	235 000
Impairment	0	0	0	0
Expenditure	119 000	251 000	213 000	702 000
Operating Profit	125 000	−24 000	77 000	27 000
Financial Income	0	0	0	0
Financial Costs	18 000	27 000	38 000	52 000
Financial Balance	−18 000	−27 000	−38 000	−52 000
Dividends	0	0	0	0
Net Income	106 000	−52 000	39 000	−25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	604 000	604 000	604 000	604 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	46 000	19 000	29 000	48 000
Total Tangible Assets	46 000	19 000	29 000	48 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	650 000	623 000	633 000	652 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	50 000	170 000	391 000	311 000
Total Current Assets	206 000	321 000	588 000	650 000
Total Assets	855 000	944 000	1 221 000	1 302 000
Total Equity	741 000	634 000	686 000	647 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 000	254 000	488 000	605 000
Creditors	95 000	51 000	46 000	16 000
Unpaid Taxes	0	4 000	0	31 000
Dividends	0	0	0	0
Other Current Debt	0	1 000	2 000	2 000
Total Current Debt	95 000	56 000	47 000	50 000
Total Equity and Debt	855 000	944 000	1 221 000	1 302 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,3 %	−8,2 %	5,69 %	−3,86 %
Debt-to-Equity Ratio	0,03	0,4	0,71	0,94
Operating Profit Margin	51,23 %	−10,62 %	26,55 %	3,7 %
Current Ratio	2,17	5,73	12,51	13
Quick Ratio	2,17	5,73	12,51	13
Equity Ratio	0,87	0,67	0,56	0,5
Gross Profit Margin	88,93 %	53,98 %	92,07 %	86,83 %