SECURE-NOK TECHNOLOGY AS

4313 SANDNES

Finances

Return on Equity

−112,86 %

Current Ratio

0,48

Debt-to-Equity Ratio

0,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	659 000	83 000	1 061 000	1 291 000
Net Income	−6 030 000	−4 131 000	−3 443 000	−6 008 000
Total Assets	12 134 000	11 442 000	9 764 000	10 385 000
Total Equity	5 343 000	3 526 000	−1 343 000	2 079 000

Income (NOK)	2022	2021	2020	2019
Revenue	659 000	83 000	1 061 000	1 291 000
Expenditure	6 298 000	3 863 000	4 191 000	6 915 000
Operating Profit	−5 639 000	−3 780 000	−3 130 000	−5 624 000
Financial Income	20 000	0	10 000	6 000
Financial Costs	412 000	351 000	323 000	390 000
Financial Balance	−392 000	−351 000	−313 000	−384 000
Earnings Before Tax	−6 030 000	−4 131 000	−3 443 000	−6 008 000
Tax	0	0	0	0
Net Income	−6 030 000	−4 131 000	−3 443 000	−6 008 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 237 000	10 589 000	9 404 000	9 076 000
Total Current Assets	897 000	853 000	360 000	1 309 000
Total Assets	12 134 000	11 442 000	9 764 000	10 385 000
Total Retained Equity	−4 400 000	−6 470 000	−2 339 000	0
Total Equity	5 343 000	3 526 000	−1 343 000	2 079 000
Total Long-Term Debt	4 936 000	6 827 000	3 154 000	3 408 000
Total Current Debt	1 855 000	1 088 000	7 952 000	4 898 000
Total Equity and Debt	12 134 000	11 442 000	9 764 000	10 385 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	659 000	83 000	811 000	1 291 000
Other Income	0	0	250 000	0
Revenue	659 000	83 000	1 061 000	1 291 000
Cost of Goods Sold	163 000	6 000	1 000	339 000
Salary Costs	1 596 000	568 000	500 000	2 363 000
Depreciation	3 891 000	2 858 000	2 697 000	2 745 000
Impairment	0	0	0	0
Expenditure	6 298 000	3 863 000	4 191 000	6 915 000
Operating Profit	−5 639 000	−3 780 000	−3 130 000	−5 624 000
Financial Income	20 000	0	10 000	6 000
Financial Costs	412 000	351 000	323 000	390 000
Financial Balance	−392 000	−351 000	−313 000	−384 000
Dividends	0	0	0	0
Net Income	−6 030 000	−4 131 000	−3 443 000	−6 008 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 130 000	10 589 000	9 404 000	9 076 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	107 000	0	0	0
Total Tangible Assets	107 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 237 000	10 589 000	9 404 000	9 076 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	461 000	320 000	142 000	209 000
Total Current Assets	897 000	853 000	360 000	1 309 000
Total Assets	12 134 000	11 442 000	9 764 000	10 385 000
Total Equity	5 343 000	3 526 000	−1 343 000	2 079 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 936 000	6 827 000	3 154 000	3 408 000
Creditors	190 000	65 000	440 000	390 000
Unpaid Taxes	370 000	355 000	223 000	445 000
Dividends	0	0	0	0
Other Current Debt	1 295 000	668 000	5 871 000	2 607 000
Total Current Debt	1 855 000	1 088 000	7 952 000	4 898 000
Total Equity and Debt	12 134 000	11 442 000	9 764 000	10 385 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−112,86 %	−117,16 %	256,37 %	−288,99 %
Debt-to-Equity Ratio	0,92	1,94	−2,35	1,64
Operating Profit Margin	−855,69 %	−4 554,22 %	−295 %	−435,63 %
Current Ratio	0,48	0,78	0,05	0,27
Quick Ratio	0,48	0,78	0,05	0,27
Equity Ratio	0,44	0,31	−0,14	0,2
Gross Profit Margin	75,27 %	92,77 %	99,91 %	73,74 %