SEA MOTION ENERGY AS

4270 ÅKREHAMN

Finances

Share Ownership

Return on Equity

−653,39 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	71 000	50 000	4 000
Net Income	−771 000	−794 000	−741 000	−730 000
Total Assets	866 000	477 000	189 000	431 000
Total Equity	118 000	−111 000	−335 000	407 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	71 000	50 000	4 000
Expenditure	816 000	865 000	792 000	735 000
Operating Profit	−766 000	−794 000	−742 000	−731 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	6 000	0	0	0
Financial Balance	−5 000	0	1 000	1 000
Earnings Before Tax	−771 000	−794 000	−741 000	−730 000
Tax	0	0	0	0
Net Income	−771 000	−794 000	−741 000	−730 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	0	0	0
Total Current Assets	853 000	477 000	189 000	431 000
Total Assets	866 000	477 000	189 000	431 000
Total Retained Equity	−175 000	−3 289 000	−2 495 000	−1 753 000
Total Equity	118 000	−111 000	−335 000	407 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	748 000	588 000	524 000	24 000
Total Equity and Debt	866 000	477 000	189 000	431 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 000	71 000	50 000	4 000
Other Income	0	0	0	0
Revenue	50 000	71 000	50 000	4 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	6 000	0	0	0
Impairment	0	0	0	0
Expenditure	816 000	865 000	792 000	735 000
Operating Profit	−766 000	−794 000	−742 000	−731 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	6 000	0	0	0
Financial Balance	−5 000	0	1 000	1 000
Dividends	0	0	0	0
Net Income	−771 000	−794 000	−741 000	−730 000

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	14 000	0	0	0
Total Tangible Assets	14 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	818 000	424 000	165 000	144 000
Total Current Assets	853 000	477 000	189 000	431 000
Total Assets	866 000	477 000	189 000	431 000
Total Equity	118 000	−111 000	−335 000	407 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	214 000	3 000	6 000	12 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	534 000	585 000	518 000	13 000
Total Current Debt	748 000	588 000	524 000	24 000
Total Equity and Debt	866 000	477 000	189 000	431 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−653,39 %	715,32 %	221,19 %	−179,36 %
Debt-to-Equity Ratio	0	−0	−0	0
Operating Profit Margin	−1 532 %	−1 118,31 %	−1 484 %	−18 275 %
Current Ratio	1,14	0,81	0,36	17,96
Quick Ratio	1,14	0,81	0,36	17,96
Equity Ratio	0,14	−0,23	−1,77	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %