SECVAKT HITRA-FRØYA AS

7263 HAMARVIK

Finances

Share Ownership

Return on Equity

24,75 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	664 000	453 000	421 000	628 000
Net Income	326 000	181 000	115 000	391 000
Total Assets	1 399 000	1 117 000	623 000	554 000
Total Equity	1 317 000	990 000	810 000	695 000

Income (NOK)	2022	2021	2020	2019
Revenue	664 000	453 000	421 000	628 000
Expenditure	238 000	222 000	191 000	208 000
Operating Profit	426 000	231 000	231 000	420 000
Financial Income	1 000	0	0	0
Financial Costs	8 000	0	1 000	0
Financial Balance	−7 000	0	−1 000	0
Earnings Before Tax	418 000	231 000	230 000	420 000
Tax	92 000	51 000	115 000	29 000
Net Income	326 000	181 000	115 000	391 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 280 000	1 013 000	449 000	411 000
Total Current Assets	120 000	104 000	173 000	143 000
Total Assets	1 399 000	1 117 000	623 000	554 000
Total Retained Equity	1 233 000	907 000	727 000	612 000
Total Equity	1 317 000	990 000	810 000	695 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	83 000	126 000	−187 000	−141 000
Total Equity and Debt	1 399 000	1 117 000	623 000	554 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	662 000	453 000	407 000	625 000
Other Income	3 000	0	14 000	3 000
Revenue	664 000	453 000	421 000	628 000
Cost of Goods Sold	16 000	26 000	51 000	7 000
Salary Costs	48 000	7 000	29 000	111 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	238 000	222 000	191 000	208 000
Operating Profit	426 000	231 000	231 000	420 000
Financial Income	1 000	0	0	0
Financial Costs	8 000	0	1 000	0
Financial Balance	−7 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	326 000	181 000	115 000	391 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 280 000	1 013 000	449 000	411 000
Total Fixed Assets	1 280 000	1 013 000	449 000	411 000
Stock	68 000	68 000	68 000	68 000
Total Investments	0	0	0	0
Cash, Bank	52 000	34 000	81 000	36 000
Total Current Assets	120 000	104 000	173 000	143 000
Total Assets	1 399 000	1 117 000	623 000	554 000
Total Equity	1 317 000	990 000	810 000	695 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	40 000	23 000	−71 000
Unpaid Taxes	−1 000	11 000	26 000	22 000
Dividends	0	0	0	0
Other Current Debt	−13 000	24 000	−287 000	−121 000
Total Current Debt	83 000	126 000	−187 000	−141 000
Total Equity and Debt	1 399 000	1 117 000	623 000	554 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,75 %	18,28 %	14,2 %	56,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	64,16 %	50,99 %	54,87 %	66,88 %
Current Ratio	1,45	0,83	−0,93	−1,01
Quick Ratio	8	1,79	−0,68	−0,68
Equity Ratio	0,94	0,89	1,3	1,25
Gross Profit Margin	97,59 %	94,26 %	87,89 %	98,89 %