SECPRO AS

2770 JAREN

Finances

Share Ownership

Return on Equity

39,79 %

Current Ratio

3,41

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 610 000	3 981 000	4 390 000	2 533 000
Net Income	1 171 000	1 069 000	924 000	653 000
Total Assets	4 192 000	4 068 000	3 847 000	2 850 000
Total Equity	2 943 000	2 945 000	2 597 000	1 826 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 610 000	3 981 000	4 390 000	2 533 000
Expenditure	3 098 000	2 602 000	3 194 000	1 719 000
Operating Profit	1 512 000	1 379 000	1 196 000	813 000
Financial Income	0	0	2 000	2 000
Financial Costs	10 000	9 000	13 000	5 000
Financial Balance	−10 000	−9 000	−11 000	−3 000
Earnings Before Tax	1 501 000	1 370 000	1 185 000	810 000
Tax	331 000	301 000	261 000	157 000
Net Income	1 171 000	1 069 000	924 000	653 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	894 000	1 094 000	1 316 000	1 281 000
Total Current Assets	3 298 000	2 975 000	2 531 000	1 570 000
Total Assets	4 192 000	4 068 000	3 847 000	2 850 000
Total Retained Equity	2 918 000	2 920 000	2 573 000	1 801 000
Total Equity	2 943 000	2 945 000	2 597 000	1 826 000
Total Long-Term Debt	282 000	422 000	590 000	703 000
Total Current Debt	968 000	701 000	660 000	321 000
Total Equity and Debt	4 192 000	4 068 000	3 847 000	2 850 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 437 000	3 860 000	4 237 000	2 503 000
Other Income	173 000	121 000	153 000	30 000
Revenue	4 610 000	3 981 000	4 390 000	2 533 000
Cost of Goods Sold	2 547 000	1 827 000	2 642 000	1 351 000
Salary Costs	0	0	0	0
Depreciation	199 000	222 000	188 000	72 000
Impairment	0	0	0	0
Expenditure	3 098 000	2 602 000	3 194 000	1 719 000
Operating Profit	1 512 000	1 379 000	1 196 000	813 000
Financial Income	0	0	2 000	2 000
Financial Costs	10 000	9 000	13 000	5 000
Financial Balance	−10 000	−9 000	−11 000	−3 000
Dividends	1 173 000	721 000	0	0
Net Income	1 171 000	1 069 000	924 000	653 000

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	166 000	242 000	319 000	172 000
Fixtures	728 000	851 000	997 000	1 109 000
Total Tangible Assets	894 000	1 094 000	1 316 000	1 281 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	894 000	1 094 000	1 316 000	1 281 000
Stock	39 000	26 000	0	0
Total Investments	0	0	0	0
Cash, Bank	2 082 000	2 023 000	1 954 000	955 000
Total Current Assets	3 298 000	2 975 000	2 531 000	1 570 000
Total Assets	4 192 000	4 068 000	3 847 000	2 850 000
Total Equity	2 943 000	2 945 000	2 597 000	1 826 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	282 000	422 000	590 000	703 000
Creditors	386 000	161 000	370 000	73 000
Unpaid Taxes	206 000	203 000	41 000	95 000
Dividends	1 173 000	721 000	0	0
Other Current Debt	40 000	3 000	6 000	28 000
Total Current Debt	968 000	701 000	660 000	321 000
Total Equity and Debt	4 192 000	4 068 000	3 847 000	2 850 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,79 %	36,3 %	35,58 %	35,76 %
Debt-to-Equity Ratio	0,1	0,14	0,23	0,38
Operating Profit Margin	32,8 %	34,64 %	27,24 %	32,1 %
Current Ratio	3,41	4,24	3,83	4,89
Quick Ratio	3,55	4,41	3,83	4,89
Equity Ratio	0,7	0,72	0,68	0,64
Gross Profit Margin	44,75 %	54,11 %	39,82 %	46,66 %