SEA SUPPLY SERVICE AS

9990 BÅTSFJORD

Finances

Share Ownership

Return on Equity

38,42 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 615 000	16 115 000	15 715 000	18 295 000
Net Income	1 085 000	1 654 000	756 000	2 500 000
Total Assets	8 346 000	6 178 000	5 892 000	7 060 000
Total Equity	2 824 000	1 739 000	3 085 000	2 329 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 615 000	16 115 000	15 715 000	18 295 000
Expenditure	20 255 000	13 989 000	14 435 000	15 059 000
Operating Profit	1 361 000	2 126 000	981 000	3 234 000
Financial Income	77 000	7 000	3 000	1 000
Financial Costs	46 000	12 000	15 000	30 000
Financial Balance	31 000	−5 000	−12 000	−29 000
Earnings Before Tax	1 392 000	2 121 000	969 000	3 205 000
Tax	306 000	467 000	213 000	705 000
Net Income	1 085 000	1 654 000	756 000	2 500 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	8 346 000	6 178 000	5 892 000	7 060 000
Total Assets	8 346 000	6 178 000	5 892 000	7 060 000
Total Retained Equity	2 794 000	1 709 000	3 055 000	2 299 000
Total Equity	2 824 000	1 739 000	3 085 000	2 329 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 522 000	4 439 000	2 807 000	4 731 000
Total Equity and Debt	8 346 000	6 178 000	5 892 000	7 060 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 615 000	16 115 000	15 715 000	18 295 000
Other Income	0	0	0	0
Revenue	21 615 000	16 115 000	15 715 000	18 295 000
Cost of Goods Sold	17 653 000	11 917 000	12 458 000	14 171 000
Salary Costs	1 309 000	1 282 000	1 279 000	581 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	20 255 000	13 989 000	14 435 000	15 059 000
Operating Profit	1 361 000	2 126 000	981 000	3 234 000
Financial Income	77 000	7 000	3 000	1 000
Financial Costs	46 000	12 000	15 000	30 000
Financial Balance	31 000	−5 000	−12 000	−29 000
Dividends	0	3 000 000	0	3 908 000
Net Income	1 085 000	1 654 000	756 000	2 500 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	2 163 000	1 780 000	1 248 000	1 055 000
Total Investments	0	0	0	0
Cash, Bank	2 681 000	2 600 000	3 570 000	4 089 000
Total Current Assets	8 346 000	6 178 000	5 892 000	7 060 000
Total Assets	8 346 000	6 178 000	5 892 000	7 060 000
Total Equity	2 824 000	1 739 000	3 085 000	2 329 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 982 000	1 761 000	2 374 000	1 866 000
Unpaid Taxes	97 000	80 000	105 000	112 000
Dividends	0	3 000 000	0	3 908 000
Other Current Debt	137 000	130 000	115 000	48 000
Total Current Debt	5 522 000	4 439 000	2 807 000	4 731 000
Total Equity and Debt	8 346 000	6 178 000	5 892 000	7 060 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,42 %	95,11 %	24,51 %	107,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,3 %	13,19 %	6,24 %	17,68 %
Current Ratio	1,51	1,39	2,1	1,49
Quick Ratio	2,48	2,32	3,78	1,92
Equity Ratio	0,34	0,28	0,52	0,33
Gross Profit Margin	18,33 %	26,05 %	20,73 %	22,54 %