SEALINE PRODUCTS AS

8800 SANDNESSJØEN

Finances

Return on Equity

8,82 %

Current Ratio

3,77

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 569 000	13 064 000	12 835 000	12 120 000
Net Income	488 000	549 000	833 000	127 000
Total Assets	9 931 000	9 661 000	8 559 000	8 198 000
Total Equity	5 535 000	5 047 000	4 498 000	3 664 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 569 000	13 064 000	12 835 000	12 120 000
Expenditure	12 778 000	12 200 000	11 465 000	11 715 000
Operating Profit	792 000	864 000	1 371 000	405 000
Financial Income	28 000	22 000	28 000	1 000
Financial Costs	232 000	179 000	341 000	158 000
Financial Balance	−204 000	−157 000	−313 000	−157 000
Earnings Before Tax	588 000	707 000	1 058 000	248 000
Tax	99 000	158 000	224 000	121 000
Net Income	488 000	549 000	833 000	127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 649 000	1 486 000	159 000	392 000
Total Current Assets	8 282 000	8 175 000	8 399 000	7 806 000
Total Assets	9 931 000	9 661 000	8 559 000	8 198 000
Total Retained Equity	5 385 000	4 897 000	4 348 000	3 514 000
Total Equity	5 535 000	5 047 000	4 498 000	3 664 000
Total Long-Term Debt	2 200 000	2 136 000	824 000	1 140 000
Total Current Debt	2 196 000	2 478 000	3 237 000	3 394 000
Total Equity and Debt	9 931 000	9 661 000	8 559 000	8 198 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 568 000	13 064 000	12 835 000	12 120 000
Other Income	1 000	0	0	0
Revenue	13 569 000	13 064 000	12 835 000	12 120 000
Cost of Goods Sold	8 123 000	8 032 000	7 971 000	7 735 000
Salary Costs	2 936 000	2 376 000	2 167 000	1 976 000
Depreciation	62 000	55 000	32 000	13 000
Impairment	0	0	0	0
Expenditure	12 778 000	12 200 000	11 465 000	11 715 000
Operating Profit	792 000	864 000	1 371 000	405 000
Financial Income	28 000	22 000	28 000	1 000
Financial Costs	232 000	179 000	341 000	158 000
Financial Balance	−204 000	−157 000	−313 000	−157 000
Dividends	0	0	0	0
Net Income	488 000	549 000	833 000	127 000

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	362 000	208 000	148 000	181 000
Total Tangible Assets	362 000	208 000	148 000	181 000
Total Fiancial Fixed Assets	1 287 000	1 278 000	11 000	211 000
Total Fixed Assets	1 649 000	1 486 000	159 000	392 000
Stock	7 651 000	7 536 000	5 888 000	5 778 000
Total Investments	0	0	0	0
Cash, Bank	156 000	148 000	123 000	101 000
Total Current Assets	8 282 000	8 175 000	8 399 000	7 806 000
Total Assets	9 931 000	9 661 000	8 559 000	8 198 000
Total Equity	5 535 000	5 047 000	4 498 000	3 664 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 200 000	2 136 000	824 000	1 140 000
Creditors	578 000	731 000	531 000	1 142 000
Unpaid Taxes	429 000	256 000	560 000	212 000
Dividends	0	0	0	0
Other Current Debt	317 000	592 000	277 000	214 000
Total Current Debt	2 196 000	2 478 000	3 237 000	3 394 000
Total Equity and Debt	9 931 000	9 661 000	8 559 000	8 198 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,82 %	10,88 %	18,52 %	3,47 %
Debt-to-Equity Ratio	0,4	0,42	0,18	0,31
Operating Profit Margin	5,84 %	6,61 %	10,68 %	3,34 %
Current Ratio	3,77	3,3	2,59	2,3
Quick Ratio	−1,52	−1,62	−3,17	−3,27
Equity Ratio	0,56	0,52	0,53	0,45
Gross Profit Margin	40,14 %	38,52 %	37,9 %	36,18 %