SEARIS AS

7041 TRONDHEIM

Finances

Share Ownership

Return on Equity

−91,6 %

Current Ratio

3,87

Debt-to-Equity Ratio

1,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 088 000	4 160 000	5 294 000	5 175 000
Net Income	−10 288 000	−7 412 000	−2 241 000	−692 000
Total Assets	38 428 000	27 618 000	17 656 000	11 866 000
Total Equity	11 232 000	21 520 000	7 820 000	10 061 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 088 000	4 160 000	5 294 000	5 175 000
Expenditure	17 415 000	13 604 000	7 780 000	6 639 000
Operating Profit	−13 327 000	−9 445 000	−2 486 000	−1 464 000
Financial Income	37 000	24 000	32 000	40 000
Financial Costs	117 000	221 000	50 000	8 000
Financial Balance	−80 000	−197 000	−18 000	32 000
Earnings Before Tax	−13 407 000	−9 641 000	−2 503 000	−1 432 000
Tax	−3 119 000	−2 230 000	−261 000	−740 000
Net Income	−10 288 000	−7 412 000	−2 241 000	−692 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 978 000	12 777 000	7 398 000	4 363 000
Total Current Assets	20 450 000	14 841 000	10 257 000	7 503 000
Total Assets	38 428 000	27 618 000	17 656 000	11 866 000
Total Retained Equity	0	0	579 000	2 821 000
Total Equity	11 232 000	21 520 000	7 820 000	10 061 000
Total Long-Term Debt	21 909 000	2 538 000	7 746 000	0
Total Current Debt	5 286 000	3 561 000	2 090 000	1 805 000
Total Equity and Debt	38 428 000	27 618 000	17 656 000	11 866 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 088 000	4 160 000	5 143 000	5 175 000
Other Income	0	0	152 000	0
Revenue	4 088 000	4 160 000	5 294 000	5 175 000
Cost of Goods Sold	0	0	14 000	196 000
Salary Costs	8 851 000	6 777 000	3 455 000	3 058 000
Depreciation	3 937 000	2 771 000	1 599 000	724 000
Impairment	0	0	0	0
Expenditure	17 415 000	13 604 000	7 780 000	6 639 000
Operating Profit	−13 327 000	−9 445 000	−2 486 000	−1 464 000
Financial Income	37 000	24 000	32 000	40 000
Financial Costs	117 000	221 000	50 000	8 000
Financial Balance	−80 000	−197 000	−18 000	32 000
Dividends	0	0	0	0
Net Income	−10 288 000	−7 412 000	−2 241 000	−692 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 978 000	12 777 000	7 398 000	4 363 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 978 000	12 777 000	7 398 000	4 363 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 689 000	11 181 000	6 299 000	4 485 000
Total Current Assets	20 450 000	14 841 000	10 257 000	7 503 000
Total Assets	38 428 000	27 618 000	17 656 000	11 866 000
Total Equity	11 232 000	21 520 000	7 820 000	10 061 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 909 000	2 538 000	7 746 000	0
Creditors	2 788 000	206 000	190 000	303 000
Unpaid Taxes	904 000	1 225 000	681 000	593 000
Dividends	0	0	0	0
Other Current Debt	1 595 000	2 131 000	1 219 000	909 000
Total Current Debt	5 286 000	3 561 000	2 090 000	1 805 000
Total Equity and Debt	38 428 000	27 618 000	17 656 000	11 866 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−91,6 %	−34,44 %	−28,66 %	−6,88 %
Debt-to-Equity Ratio	1,95	0,12	0,99	0
Operating Profit Margin	−326 %	−227,04 %	−46,96 %	−28,29 %
Current Ratio	3,87	4,17	4,91	4,16
Quick Ratio	3,87	4,17	4,91	4,16
Equity Ratio	0,29	0,78	0,44	0,85
Gross Profit Margin	100 %	100 %	99,74 %	96,21 %