SERVTECH AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

107,1 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 597 000	19 895 000	20 271 000	34 102 000
Net Income	4 603 000	521 000	−208 000	2 744 000
Total Assets	20 307 000	10 666 000	6 062 000	10 385 000
Total Equity	4 298 000	3 195 000	3 424 000	3 315 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 597 000	19 895 000	20 271 000	34 102 000
Expenditure	41 779 000	19 358 000	20 679 000	30 535 000
Operating Profit	5 818 000	537 000	−407 000	3 566 000
Financial Income	65 000	28 000	30 000	20 000
Financial Costs	178 000	88 000	95 000	63 000
Financial Balance	−113 000	−60 000	−65 000	−43 000
Earnings Before Tax	5 706 000	476 000	−472 000	3 522 000
Tax	1 103 000	−46 000	−264 000	778 000
Net Income	4 603 000	521 000	−208 000	2 744 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	512 000	813 000	663 000	443 000
Total Current Assets	19 795 000	9 853 000	5 399 000	9 941 000
Total Assets	20 307 000	10 666 000	6 062 000	10 385 000
Total Retained Equity	3 348 000	2 244 000	2 473 000	2 364 000
Total Equity	4 298 000	3 195 000	3 424 000	3 315 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	16 009 000	7 472 000	2 638 000	7 070 000
Total Equity and Debt	20 307 000	10 666 000	6 062 000	10 385 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 597 000	19 460 000	19 902 000	34 102 000
Other Income	0	435 000	369 000	0
Revenue	47 597 000	19 895 000	20 271 000	34 102 000
Cost of Goods Sold	13 275 000	7 035 000	7 578 000	16 952 000
Salary Costs	21 755 000	8 782 000	9 193 000	9 948 000
Depreciation	150 000	143 000	135 000	196 000
Impairment	0	0	0	0
Expenditure	41 779 000	19 358 000	20 679 000	30 535 000
Operating Profit	5 818 000	537 000	−407 000	3 566 000
Financial Income	65 000	28 000	30 000	20 000
Financial Costs	178 000	88 000	95 000	63 000
Financial Balance	−113 000	−60 000	−65 000	−43 000
Dividends	3 500 000	750 000	0	2 500 000
Net Income	4 603 000	521 000	−208 000	2 744 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	62 000	422 000	377 000	89 000
Real Eastate	0	0	132 000	173 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	450 000	391 000	154 000	181 000
Total Tangible Assets	450 000	391 000	286 000	354 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	512 000	813 000	663 000	443 000
Stock	2 173 000	926 000	845 000	1 411 000
Total Investments	0	0	0	0
Cash, Bank	4 000 000	455 000	886 000	3 022 000
Total Current Assets	19 795 000	9 853 000	5 399 000	9 941 000
Total Assets	20 307 000	10 666 000	6 062 000	10 385 000
Total Equity	4 298 000	3 195 000	3 424 000	3 315 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 097 000	942 000	524 000	1 725 000
Unpaid Taxes	3 963 000	1 198 000	880 000	1 181 000
Dividends	3 500 000	750 000	0	2 500 000
Other Current Debt	4 706 000	1 562 000	1 234 000	1 371 000
Total Current Debt	16 009 000	7 472 000	2 638 000	7 070 000
Total Equity and Debt	20 307 000	10 666 000	6 062 000	10 385 000

Financial indicators	2022	2021	2020	2019
Return on Equity	107,1 %	16,31 %	−6,07 %	82,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,22 %	2,7 %	−2,01 %	10,46 %
Current Ratio	1,24	1,32	2,05	1,41
Quick Ratio	1,43	1,51	3,01	1,76
Equity Ratio	0,21	0,3	0,56	0,32
Gross Profit Margin	72,11 %	64,64 %	62,62 %	50,29 %