AS SEAWAY MANAGEMENT

6016 ÅLESUND

Finances

Return on Equity

8,16 %

Current Ratio

30,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 000	42 000	0	0
Net Income	131 000	130 000	101 000	105 000
Total Assets	1 642 000	1 611 000	1 480 000	1 524 000
Total Equity	1 606 000	1 511 000	1 380 000	1 280 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 000	42 000	0	0
Expenditure	17 000	15 000	12 000	8 000
Operating Profit	31 000	27 000	−12 000	−8 000
Financial Income	100 000	104 000	113 000	113 000
Financial Costs	0	0	0	0
Financial Balance	100 000	104 000	113 000	113 000
Earnings Before Tax	131 000	130 000	101 000	105 000
Tax	0	0	0	0
Net Income	131 000	130 000	101 000	105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	540 000	1 047 000	1 153 000	1 136 000
Total Current Assets	1 102 000	564 000	327 000	388 000
Total Assets	1 642 000	1 611 000	1 480 000	1 524 000
Total Retained Equity	1 506 000	1 411 000	1 280 000	1 180 000
Total Equity	1 606 000	1 511 000	1 380 000	1 280 000
Total Long-Term Debt	0	100 000	100 000	244 000
Total Current Debt	36 000	0	0	0
Total Equity and Debt	1 642 000	1 611 000	1 480 000	1 524 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 000	42 000	0	0
Other Income	0	0	0	0
Revenue	48 000	42 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	6 000	6 000	4 000	0
Impairment	0	0	0	0
Expenditure	17 000	15 000	12 000	8 000
Operating Profit	31 000	27 000	−12 000	−8 000
Financial Income	100 000	104 000	113 000	113 000
Financial Costs	0	0	0	0
Financial Balance	100 000	104 000	113 000	113 000
Dividends	36 000	0	0	0
Net Income	131 000	130 000	101 000	105 000

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	4 000	11 000	17 000	0
Total Tangible Assets	4 000	11 000	17 000	0
Total Fiancial Fixed Assets	536 000	1 036 000	1 136 000	1 136 000
Total Fixed Assets	540 000	1 047 000	1 153 000	1 136 000
Stock	0	0	0	0
Total Investments	854 000	0	0	0
Cash, Bank	225 000	375 000	171 000	232 000
Total Current Assets	1 102 000	564 000	327 000	388 000
Total Assets	1 642 000	1 611 000	1 480 000	1 524 000
Total Equity	1 606 000	1 511 000	1 380 000	1 280 000
Short-Term Group Debt	36 000	0	0	0
Total Long-Term Debt	0	100 000	100 000	244 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	36 000	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	36 000	0	0	0
Total Equity and Debt	1 642 000	1 611 000	1 480 000	1 524 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,16 %	8,6 %	7,32 %	8,2 %
Debt-to-Equity Ratio	0	0,07	0,07	0,19
Operating Profit Margin	64,58 %	64,29 %	-	-
Current Ratio	30,61	-	-	-
Quick Ratio	30,61	-	-	-
Equity Ratio	0,98	0,94	0,93	0,84
Gross Profit Margin	100 %	100 %	-	-