Z-SEIL AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

45,04 %

Current Ratio

2,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 077 000	1 970 000	1 794 000	1 518 000
Net Income	286 000	26 000	146 000	178 000
Total Assets	1 140 000	947 000	758 000	561 000
Total Equity	635 000	349 000	323 000	177 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 077 000	1 970 000	1 794 000	1 518 000
Expenditure	1 706 000	1 935 000	1 606 000	1 286 000
Operating Profit	371 000	35 000	189 000	232 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	2 000	5 000
Financial Balance	−1 000	−1 000	−2 000	−5 000
Earnings Before Tax	371 000	34 000	187 000	228 000
Tax	85 000	8 000	41 000	50 000
Net Income	286 000	26 000	146 000	178 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 000	70 000	5 000	12 000
Total Current Assets	1 076 000	876 000	753 000	549 000
Total Assets	1 140 000	947 000	758 000	561 000
Total Retained Equity	435 000	149 000	123 000	−23 000
Total Equity	635 000	349 000	323 000	177 000
Total Long-Term Debt	0	0	7 000	34 000
Total Current Debt	505 000	597 000	428 000	350 000
Total Equity and Debt	1 140 000	947 000	758 000	561 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 077 000	1 960 000	1 794 000	1 518 000
Other Income	0	10 000	0	0
Revenue	2 077 000	1 970 000	1 794 000	1 518 000
Cost of Goods Sold	447 000	648 000	469 000	442 000
Salary Costs	822 000	891 000	804 000	518 000
Depreciation	35 000	11 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	1 706 000	1 935 000	1 606 000	1 286 000
Operating Profit	371 000	35 000	189 000	232 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	2 000	5 000
Financial Balance	−1 000	−1 000	−2 000	−5 000
Dividends	0	0	0	0
Net Income	286 000	26 000	146 000	178 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	64 000	70 000	4 000	8 000
Total Tangible Assets	64 000	70 000	4 000	8 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	64 000	70 000	5 000	12 000
Stock	264 000	202 000	181 000	147 000
Total Investments	0	0	0	0
Cash, Bank	725 000	626 000	475 000	357 000
Total Current Assets	1 076 000	876 000	753 000	549 000
Total Assets	1 140 000	947 000	758 000	561 000
Total Equity	635 000	349 000	323 000	177 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	7 000	34 000
Creditors	49 000	179 000	143 000	134 000
Unpaid Taxes	109 000	109 000	113 000	69 000
Dividends	0	0	0	0
Other Current Debt	262 000	303 000	134 000	147 000
Total Current Debt	505 000	597 000	428 000	350 000
Total Equity and Debt	1 140 000	947 000	758 000	561 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,04 %	7,45 %	45,2 %	100,56 %
Debt-to-Equity Ratio	0	0	0,02	0,19
Operating Profit Margin	17,86 %	1,78 %	10,54 %	15,28 %
Current Ratio	2,13	1,47	1,76	1,57
Quick Ratio	4,46	2,22	3,05	2,7
Equity Ratio	0,56	0,37	0,43	0,32
Gross Profit Margin	78,48 %	67,11 %	73,86 %	70,88 %