SEALAND AS

1525 MOSS

Finances

Return on Equity

−1,01 %

Current Ratio

6,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	77 000	943 000	1 271 000	858 000
Net Income	−13 000	−213 000	−214 000	23 043 000
Total Assets	1 323 000	8 064 000	11 567 000	19 738 000
Total Equity	1 293 000	1 306 000	11 269 000	11 483 000

Income (NOK)	2022	2021	2020	2019
Revenue	77 000	943 000	1 271 000	858 000
Expenditure	92 000	1 209 000	1 590 000	1 560 000
Operating Profit	−16 000	−265 000	−319 000	−703 000
Financial Income	3 000	53 000	105 000	23 750 000
Financial Costs	0	0	0	5 000
Financial Balance	3 000	53 000	105 000	23 745 000
Earnings Before Tax	−13 000	−213 000	−214 000	23 043 000
Tax	0	0	0	0
Net Income	−13 000	−213 000	−214 000	23 043 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 127 000	3 528 000	4 660 000	0
Total Current Assets	196 000	4 536 000	6 907 000	19 738 000
Total Assets	1 323 000	8 064 000	11 567 000	19 738 000
Total Retained Equity	263 000	276 000	10 489 000	10 703 000
Total Equity	1 293 000	1 306 000	11 269 000	11 483 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	30 000	6 759 000	299 000	8 256 000
Total Equity and Debt	1 323 000	8 064 000	11 567 000	19 738 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	77 000	943 000	1 271 000	858 000
Revenue	77 000	943 000	1 271 000	858 000
Cost of Goods Sold	0	1 000	225 000	0
Salary Costs	10 000	1 056 000	1 146 000	1 176 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	92 000	1 209 000	1 590 000	1 560 000
Operating Profit	−16 000	−265 000	−319 000	−703 000
Financial Income	3 000	53 000	105 000	23 750 000
Financial Costs	0	0	0	5 000
Financial Balance	3 000	53 000	105 000	23 745 000
Dividends	0	10 000 000	0	18 000 000
Net Income	−13 000	−213 000	−214 000	23 043 000

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	1 127 000	3 528 000	4 660 000	0
Total Fixed Assets	1 127 000	3 528 000	4 660 000	0
Stock	0	0	0	200 000
Total Investments	0	0	0	0
Cash, Bank	191 000	4 523 000	6 857 000	13 718 000
Total Current Assets	196 000	4 536 000	6 907 000	19 738 000
Total Assets	1 323 000	8 064 000	11 567 000	19 738 000
Total Equity	1 293 000	1 306 000	11 269 000	11 483 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	0	35 000	0
Unpaid Taxes	9 000	137 000	103 000	86 000
Dividends	0	10 000 000	0	18 000 000
Other Current Debt	5 000	6 621 000	161 000	170 000
Total Current Debt	30 000	6 759 000	299 000	8 256 000
Total Equity and Debt	1 323 000	8 064 000	11 567 000	19 738 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,01 %	−16,31 %	−1,9 %	200,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−20,78 %	−28,1 %	−25,1 %	−81,93 %
Current Ratio	6,53	0,67	23,1	2,39
Quick Ratio	6,53	0,67	23,1	2,45
Equity Ratio	0,98	0,16	0,97	0,58
Gross Profit Margin	100 %	99,89 %	82,3 %	100 %