SERNET INVEST AS

4052 RØYNEBERG

Finances

Return on Equity

−67,46 %

Current Ratio

4,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	119 000	109 000	287 000	209 000
Net Income	−6 464 000	−158 000	90 000	−591 000
Total Assets	10 189 000	17 376 000	18 669 000	19 291 000
Total Equity	9 582 000	17 095 000	17 854 000	18 813 000

Income (NOK)	2022	2021	2020	2019
Revenue	119 000	109 000	287 000	209 000
Expenditure	405 000	513 000	591 000	502 000
Operating Profit	−287 000	−403 000	−304 000	−292 000
Financial Income	23 000	245 000	395 000	202 000
Financial Costs	6 200 000	0	1 000	500 000
Financial Balance	−6 177 000	245 000	394 000	−298 000
Earnings Before Tax	−6 464 000	−158 000	90 000	−591 000
Tax	0	0	0	0
Net Income	−6 464 000	−158 000	90 000	−591 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 729 000	13 816 000	15 414 000	16 830 000
Total Current Assets	2 460 000	3 560 000	3 255 000	2 460 000
Total Assets	10 189 000	17 376 000	18 669 000	19 291 000
Total Retained Equity	9 482 000	16 995 000	17 754 000	18 713 000
Total Equity	9 582 000	17 095 000	17 854 000	18 813 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	607 000	281 000	816 000	477 000
Total Equity and Debt	10 189 000	17 376 000	18 669 000	19 291 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	119 000	109 000	287 000	209 000
Other Income	0	0	0	0
Revenue	119 000	109 000	287 000	209 000
Cost of Goods Sold	0	0	0	0
Salary Costs	8 000	7 000	7 000	7 000
Depreciation	149 000	302 000	382 000	359 000
Impairment	0	0	0	0
Expenditure	405 000	513 000	591 000	502 000
Operating Profit	−287 000	−403 000	−304 000	−292 000
Financial Income	23 000	245 000	395 000	202 000
Financial Costs	6 200 000	0	1 000	500 000
Financial Balance	−6 177 000	245 000	394 000	−298 000
Dividends	250 000	250 000	800 000	450 000
Net Income	−6 464 000	−158 000	90 000	−591 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	454 000	402 000	500 000	659 000
Fixtures	0	0	0	69 000
Total Tangible Assets	454 000	402 000	500 000	728 000
Total Fiancial Fixed Assets	7 274 000	13 414 000	14 914 000	16 102 000
Total Fixed Assets	7 729 000	13 816 000	15 414 000	16 830 000
Stock	0	0	0	0
Total Investments	670 000	808 000	200 000	1 613 000
Cash, Bank	1 557 000	2 750 000	2 990 000	604 000
Total Current Assets	2 460 000	3 560 000	3 255 000	2 460 000
Total Assets	10 189 000	17 376 000	18 669 000	19 291 000
Total Equity	9 582 000	17 095 000	17 854 000	18 813 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	15 000	5 000	0
Unpaid Taxes	2 000	15 000	10 000	1 000
Dividends	250 000	250 000	800 000	450 000
Other Current Debt	352 000	1 000	1 000	26 000
Total Current Debt	607 000	281 000	816 000	477 000
Total Equity and Debt	10 189 000	17 376 000	18 669 000	19 291 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−67,46 %	−0,92 %	0,5 %	−3,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−241,18 %	−369,72 %	−105,92 %	−139,71 %
Current Ratio	4,05	12,67	3,99	5,16
Quick Ratio	4,05	12,67	3,99	5,16
Equity Ratio	0,94	0,98	0,96	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %