SEEG UTVIKLING AS

0287 OSLO

Finances

Share Ownership

Return on Equity

15,5 %

Current Ratio

0,13

Debt-to-Equity Ratio

3,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	430 000	410 000	858 000	399 000
Net Income	222 000	209 000	421 000	185 000
Total Assets	6 161 000	6 093 000	6 321 000	5 909 000
Total Equity	1 432 000	1 210 000	1 001 000	580 000

Income (NOK)	2022	2021	2020	2019
Revenue	430 000	410 000	858 000	399 000
Expenditure	101 000	114 000	250 000	100 000
Operating Profit	329 000	295 000	608 000	299 000
Financial Income	5 000	3 000	0	10 000
Financial Costs	49 000	31 000	69 000	71 000
Financial Balance	−44 000	−28 000	−69 000	−61 000
Earnings Before Tax	285 000	268 000	539 000	238 000
Tax	63 000	59 000	119 000	53 000
Net Income	222 000	209 000	421 000	185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 145 000	6 080 000	5 827 000	5 827 000
Total Current Assets	16 000	13 000	495 000	82 000
Total Assets	6 161 000	6 093 000	6 321 000	5 909 000
Total Retained Equity	1 322 000	1 100 000	891 000	470 000
Total Equity	1 432 000	1 210 000	1 001 000	580 000
Total Long-Term Debt	4 605 000	4 766 000	5 143 000	5 213 000
Total Current Debt	124 000	117 000	177 000	115 000
Total Equity and Debt	6 161 000	6 093 000	6 321 000	5 909 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	456 000	0
Other Income	430 000	410 000	403 000	399 000
Revenue	430 000	410 000	858 000	399 000
Cost of Goods Sold	0	0	143 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	101 000	114 000	250 000	100 000
Operating Profit	329 000	295 000	608 000	299 000
Financial Income	5 000	3 000	0	10 000
Financial Costs	49 000	31 000	69 000	71 000
Financial Balance	−44 000	−28 000	−69 000	−61 000
Dividends	0	0	0	0
Net Income	222 000	209 000	421 000	185 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 827 000	5 827 000	5 827 000	5 827 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 827 000	5 827 000	5 827 000	5 827 000
Total Fiancial Fixed Assets	318 000	253 000	0	0
Total Fixed Assets	6 145 000	6 080 000	5 827 000	5 827 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	13 000	26 000	70 000
Total Current Assets	16 000	13 000	495 000	82 000
Total Assets	6 161 000	6 093 000	6 321 000	5 909 000
Total Equity	1 432 000	1 210 000	1 001 000	580 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 605 000	4 766 000	5 143 000	5 213 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	61 000	58 000	58 000	62 000
Total Current Debt	124 000	117 000	177 000	115 000
Total Equity and Debt	6 161 000	6 093 000	6 321 000	5 909 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,5 %	17,27 %	42,06 %	31,9 %
Debt-to-Equity Ratio	3,22	3,94	5,14	8,99
Operating Profit Margin	76,51 %	71,95 %	70,86 %	74,94 %
Current Ratio	0,13	0,11	2,8	0,71
Quick Ratio	0,13	0,11	2,8	0,71
Equity Ratio	0,23	0,2	0,16	0,1
Gross Profit Margin	100 %	100 %	83,33 %	100 %