SEIDENWEG AS

3917 PORSGRUNN

Finances

Return on Equity

−0,81 %

Current Ratio

13,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	324 000	0	0	0
Net Income	−101 000	7 540 000	6 412 000	2 413 000
Total Assets	12 951 000	18 058 000	10 609 000	4 504 000
Total Equity	12 538 000	17 639 000	10 599 000	4 487 000

Income (NOK)	2022	2021	2020	2019
Revenue	324 000	0	0	0
Expenditure	116 000	43 000	37 000	25 000
Operating Profit	208 000	−43 000	−37 000	−25 000
Financial Income	−32 000	7 981 000	6 443 000	2 447 000
Financial Costs	278 000	0	0	0
Financial Balance	−310 000	7 981 000	6 443 000	2 447 000
Earnings Before Tax	−101 000	7 938 000	6 406 000	2 422 000
Tax	0	397 000	−6 000	9 000
Net Income	−101 000	7 540 000	6 412 000	2 413 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 502 000	5 188 000	5 337 000	689 000
Total Current Assets	5 449 000	12 870 000	5 271 000	3 815 000
Total Assets	12 951 000	18 058 000	10 609 000	4 504 000
Total Retained Equity	2 555 000	17 609 000	10 569 000	4 457 000
Total Equity	12 538 000	17 639 000	10 599 000	4 487 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	413 000	418 000	10 000	17 000
Total Equity and Debt	12 951 000	18 058 000	10 609 000	4 504 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	324 000	0	0	0
Other Income	0	0	0	0
Revenue	324 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	116 000	43 000	37 000	25 000
Operating Profit	208 000	−43 000	−37 000	−25 000
Financial Income	−32 000	7 981 000	6 443 000	2 447 000
Financial Costs	278 000	0	0	0
Financial Balance	−310 000	7 981 000	6 443 000	2 447 000
Dividends	5 000 000	500 000	300 000	0
Net Income	−101 000	7 540 000	6 412 000	2 413 000

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	7 502 000	5 188 000	5 337 000	689 000
Total Fixed Assets	7 502 000	5 188 000	5 337 000	689 000
Stock	0	0	0	0
Total Investments	0	4 045 000	2 717 000	2 739 000
Cash, Bank	2 305 000	8 688 000	338 000	276 000
Total Current Assets	5 449 000	12 870 000	5 271 000	3 815 000
Total Assets	12 951 000	18 058 000	10 609 000	4 504 000
Total Equity	12 538 000	17 639 000	10 599 000	4 487 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	405 000	14 000	2 000	0
Unpaid Taxes	0	0	0	0
Dividends	5 000 000	500 000	300 000	0
Other Current Debt	8 000	8 000	8 000	8 000
Total Current Debt	413 000	418 000	10 000	17 000
Total Equity and Debt	12 951 000	18 058 000	10 609 000	4 504 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,81 %	42,75 %	60,5 %	53,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	64,2 %	-	-	-
Current Ratio	13,19	30,79	527,1	224,41
Quick Ratio	13,19	30,79	527,1	224,41
Equity Ratio	0,97	0,98	1	1
Gross Profit Margin	100 %	-	-	-