SEAWAY FALCON AS

0277 OSLO

Finances

Share Ownership

Return on Equity

−5,43 %

Current Ratio

0,51

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020	2019
Revenue	10 459 000	14 113 000	7 087 000	79 082 000
Net Income	−686 000	1 206 000	−2 604 000	−9 557 000
Total Assets	18 407 000	24 724 000	17 830 000	123 003 000
Total Equity	12 636 000	13 322 000	12 116 000	90 967 000

Income (USD)	2022	2021	2020	2019
Revenue	10 459 000	14 113 000	7 087 000	79 082 000
Expenditure	10 950 000	12 712 000	9 565 000	89 760 000
Operating Profit	−491 000	1 401 000	−2 478 000	−10 678 000
Financial Income	6 000	−3 000	1 000	3 478 000
Financial Costs	195 000	192 000	126 000	2 358 000
Financial Balance	−189 000	−195 000	−125 000	1 120 000
Earnings Before Tax	−680 000	1 206 000	−2 604 000	−9 557 000
Tax	6 000	0	0	0
Net Income	−686 000	1 206 000	−2 604 000	−9 557 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	15 475 000	14 127 000	14 721 000	111 968 000
Total Current Assets	2 932 000	10 597 000	3 109 000	11 035 000
Total Assets	18 407 000	24 724 000	17 830 000	123 003 000
Total Retained Equity	−1 551 000	−866 000	−2 071 000	−746 000
Total Equity	12 636 000	13 322 000	12 116 000	90 967 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 770 000	11 402 000	5 714 000	32 037 000
Total Equity and Debt	18 407 000	24 724 000	17 830 000	123 003 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	10 459 000	14 113 000	7 087 000	79 082 000
Revenue	10 459 000	14 113 000	7 087 000	79 082 000
Cost of Goods Sold	8 272 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 337 000	2 473 000	2 615 000	11 968 000
Impairment	0	0	0	0
Expenditure	10 950 000	12 712 000	9 565 000	89 760 000
Operating Profit	−491 000	1 401 000	−2 478 000	−10 678 000
Financial Income	6 000	−3 000	1 000	3 478 000
Financial Costs	195 000	192 000	126 000	2 358 000
Financial Balance	−189 000	−195 000	−125 000	1 120 000
Dividends	0	0	0	0
Net Income	−686 000	1 206 000	−2 604 000	−9 557 000

Balance details (USD)	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	15 000	15 000	200 000
Total Tangible Assets	15 475 000	14 127 000	14 721 000	111 968 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 475 000	14 127 000	14 721 000	111 968 000
Stock	983 000	1 349 000	1 036 000	4 223 000
Total Investments	0	0	0	0
Cash, Bank	0	0	620 000	4 649 000
Total Current Assets	2 932 000	10 597 000	3 109 000	11 035 000
Total Assets	18 407 000	24 724 000	17 830 000	123 003 000
Total Equity	12 636 000	13 322 000	12 116 000	90 967 000
Short-Term Group Debt	3 635 000	4 541 000	4 843 000	3 611 000
Total Long-Term Debt	0	0	0	0
Creditors	46 000	608 000	595 000	4 036 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 084 000	6 247 000	270 000	24 334 000
Total Current Debt	5 770 000	11 402 000	5 714 000	32 037 000
Total Equity and Debt	18 407 000	24 724 000	17 830 000	123 003 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,43 %	9,05 %	−21,49 %	−10,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,69 %	9,93 %	−34,97 %	−13,5 %
Current Ratio	0,51	0,93	0,54	0,34
Quick Ratio	0,61	1,05	0,66	0,4
Equity Ratio	0,69	0,54	0,68	0,74
Gross Profit Margin	20,91 %	100 %	100 %	100 %