SEAWAY ALBATROSS AS

0277 OSLO

Finances

Share Ownership

Return on Equity

1,52 %

Current Ratio

3,23

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020	2019
Revenue	14 261 000	13 932 000	15 107 000	92 596 000
Net Income	704 000	−687 000	1 978 000	−9 550 000
Total Assets	51 081 000	46 433 000	46 699 000	390 954 000
Total Equity	46 195 000	45 491 000	27 115 000	164 307 000

Income (USD)	2022	2021	2020	2019
Revenue	14 261 000	13 932 000	15 107 000	92 596 000
Expenditure	13 669 000	14 606 000	12 557 000	103 306 000
Operating Profit	593 000	−674 000	2 550 000	−10 710 000
Financial Income	294 000	63 000	−470 000	5 218 000
Financial Costs	0	33 000	97 000	3 964 000
Financial Balance	294 000	30 000	−567 000	1 254 000
Earnings Before Tax	887 000	−643 000	1 982 000	−9 456 000
Tax	183 000	44 000	4 000	95 000
Net Income	704 000	−687 000	1 978 000	−9 550 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	35 319 000	38 647 000	42 000 000	341 920 000
Total Current Assets	15 762 000	7 787 000	4 699 000	49 034 000
Total Assets	51 081 000	46 433 000	46 699 000	390 954 000
Total Retained Equity	−2 527 000	−3 231 000	−2 544 000	−51 816 000
Total Equity	46 195 000	45 491 000	27 115 000	164 307 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 886 000	942 000	19 584 000	226 648 000
Total Equity and Debt	51 081 000	46 433 000	46 699 000	390 954 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	14 261 000	13 932 000	15 107 000	92 596 000
Revenue	14 261 000	13 932 000	15 107 000	92 596 000
Cost of Goods Sold	9 045 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	3 969 000	3 594 000	3 597 000	29 729 000
Impairment	0	0	0	0
Expenditure	13 669 000	14 606 000	12 557 000	103 306 000
Operating Profit	593 000	−674 000	2 550 000	−10 710 000
Financial Income	294 000	63 000	−470 000	5 218 000
Financial Costs	0	33 000	97 000	3 964 000
Financial Balance	294 000	30 000	−567 000	1 254 000
Dividends	0	0	0	0
Net Income	704 000	−687 000	1 978 000	−9 550 000

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	3 000	15 000	7 000	77 000
Total Tangible Assets	35 319 000	38 647 000	42 000 000	341 920 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	35 319 000	38 647 000	42 000 000	341 920 000
Stock	1 125 000	1 025 000	586 000	15 559 000
Total Investments	0	0	0	0
Cash, Bank	0	0	895 000	3 408 000
Total Current Assets	15 762 000	7 787 000	4 699 000	49 034 000
Total Assets	51 081 000	46 433 000	46 699 000	390 954 000
Total Equity	46 195 000	45 491 000	27 115 000	164 307 000
Short-Term Group Debt	350 000	0	18 977 000	6 965 000
Total Long-Term Debt	0	0	0	0
Creditors	6 000	39 000	340 000	15 779 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 347 000	860 000	256 000	18 747 000
Total Current Debt	4 886 000	942 000	19 584 000	226 648 000
Total Equity and Debt	51 081 000	46 433 000	46 699 000	390 954 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,52 %	−1,51 %	7,29 %	−5,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,16 %	−4,84 %	16,88 %	−11,57 %
Current Ratio	3,23	8,27	0,24	0,22
Quick Ratio	4,19	−93,82	0,25	0,23
Equity Ratio	0,9	0,98	0,58	0,42
Gross Profit Margin	36,58 %	100 %	100 %	100 %