SEILMAKER IVERSEN AS

5918 FREKHAUG

Finances

Return on Equity

8,2 %

Current Ratio

2,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 431 000	19 053 000	15 153 000	15 464 000
Net Income	573 000	2 444 000	712 000	714 000
Total Assets	11 430 000	10 293 000	7 922 000	7 224 000
Total Equity	6 984 000	7 012 000	5 168 000	4 956 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 431 000	19 053 000	15 153 000	15 464 000
Expenditure	19 717 000	18 197 000	14 199 000	14 500 000
Operating Profit	714 000	856 000	954 000	964 000
Financial Income	34 000	1 916 000	48 000	18 000
Financial Costs	81 000	74 000	128 000	55 000
Financial Balance	−47 000	1 842 000	−80 000	−37 000
Earnings Before Tax	667 000	2 697 000	875 000	927 000
Tax	94 000	253 000	163 000	213 000
Net Income	573 000	2 444 000	712 000	714 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 921 000	1 950 000	972 000	145 000
Total Current Assets	9 510 000	8 343 000	6 950 000	7 079 000
Total Assets	11 430 000	10 293 000	7 922 000	7 224 000
Total Retained Equity	4 064 000	4 091 000	2 247 000	2 035 000
Total Equity	6 984 000	7 012 000	5 168 000	4 956 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 446 000	3 281 000	2 755 000	2 269 000
Total Equity and Debt	11 430 000	10 293 000	7 922 000	7 224 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 422 000	19 053 000	15 153 000	15 464 000
Other Income	9 000	0	0	0
Revenue	20 431 000	19 053 000	15 153 000	15 464 000
Cost of Goods Sold	8 385 000	8 131 000	5 417 000	5 548 000
Salary Costs	7 930 000	6 965 000	5 824 000	5 633 000
Depreciation	63 000	57 000	62 000	64 000
Impairment	0	0	0	0
Expenditure	19 717 000	18 197 000	14 199 000	14 500 000
Operating Profit	714 000	856 000	954 000	964 000
Financial Income	34 000	1 916 000	48 000	18 000
Financial Costs	81 000	74 000	128 000	55 000
Financial Balance	−47 000	1 842 000	−80 000	−37 000
Dividends	600 000	600 000	500 000	60 000
Net Income	573 000	2 444 000	712 000	714 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	18 000	27 000	36 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	29 000	44 000	38 000	49 000
Fixtures	104 000	102 000	51 000	55 000
Total Tangible Assets	158 000	179 000	89 000	104 000
Total Fiancial Fixed Assets	1 753 000	1 753 000	856 000	5 000
Total Fixed Assets	1 921 000	1 950 000	972 000	145 000
Stock	5 718 000	4 676 000	3 902 000	3 603 000
Total Investments	0	0	0	0
Cash, Bank	490 000	838 000	1 069 000	627 000
Total Current Assets	9 510 000	8 343 000	6 950 000	7 079 000
Total Assets	11 430 000	10 293 000	7 922 000	7 224 000
Total Equity	6 984 000	7 012 000	5 168 000	4 956 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	958 000	645 000	607 000	628 000
Unpaid Taxes	965 000	1 022 000	671 000	723 000
Dividends	600 000	600 000	500 000	60 000
Other Current Debt	1 829 000	1 014 000	638 000	644 000
Total Current Debt	4 446 000	3 281 000	2 755 000	2 269 000
Total Equity and Debt	11 430 000	10 293 000	7 922 000	7 224 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,2 %	34,85 %	13,78 %	14,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,49 %	4,49 %	6,3 %	6,23 %
Current Ratio	2,14	2,54	2,52	3,12
Quick Ratio	−7,48	−5,98	−6,06	−5,31
Equity Ratio	0,61	0,68	0,65	0,69
Gross Profit Margin	58,96 %	57,32 %	64,25 %	64,12 %