SEA TRADE & DEVELOPMENT AS

0779 OSLO

Finances

Return on Equity

23,35 %

Current Ratio

6,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 075 000	4 089 000	3 279 000	227 000
Net Income	1 532 000	2 824 000	2 029 000	137 000
Total Assets	7 720 000	6 270 000	2 959 000	309 000
Total Equity	6 562 000	5 030 000	2 206 000	176 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 075 000	4 089 000	3 279 000	227 000
Expenditure	1 084 000	546 000	633 000	46 000
Operating Profit	1 990 000	3 543 000	2 646 000	181 000
Financial Income	128 000	106 000	0	0
Financial Costs	115 000	14 000	41 000	0
Financial Balance	13 000	92 000	−41 000	0
Earnings Before Tax	2 004 000	3 635 000	2 605 000	181 000
Tax	472 000	811 000	576 000	43 000
Net Income	1 532 000	2 824 000	2 029 000	137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	120 000	0	0	0
Total Current Assets	7 600 000	6 270 000	2 959 000	309 000
Total Assets	7 720 000	6 270 000	2 959 000	309 000
Total Retained Equity	6 532 000	5 000 000	2 176 000	146 000
Total Equity	6 562 000	5 030 000	2 206 000	176 000
Total Long-Term Debt	0	0	153 000	46 000
Total Current Debt	1 158 000	1 240 000	600 000	87 000
Total Equity and Debt	7 720 000	6 270 000	2 959 000	309 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 075 000	4 089 000	3 279 000	227 000
Other Income	0	0	0	0
Revenue	3 075 000	4 089 000	3 279 000	227 000
Cost of Goods Sold	0	14 000	389 000	0
Salary Costs	658 000	297 000	125 000	0
Depreciation	40 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 084 000	546 000	633 000	46 000
Operating Profit	1 990 000	3 543 000	2 646 000	181 000
Financial Income	128 000	106 000	0	0
Financial Costs	115 000	14 000	41 000	0
Financial Balance	13 000	92 000	−41 000	0
Dividends	0	0	0	0
Net Income	1 532 000	2 824 000	2 029 000	137 000

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	120 000	0	0	0
Total Tangible Assets	120 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	120 000	0	0	0
Stock	0	0	0	0
Total Investments	1 237 000	0	0	0
Cash, Bank	6 352 000	6 270 000	2 958 000	309 000
Total Current Assets	7 600 000	6 270 000	2 959 000	309 000
Total Assets	7 720 000	6 270 000	2 959 000	309 000
Total Equity	6 562 000	5 030 000	2 206 000	176 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	153 000	46 000
Creditors	0	0	0	0
Unpaid Taxes	85 000	43 000	15 000	47 000
Dividends	0	0	0	0
Other Current Debt	601 000	385 000	10 000	0
Total Current Debt	1 158 000	1 240 000	600 000	87 000
Total Equity and Debt	7 720 000	6 270 000	2 959 000	309 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,35 %	56,14 %	91,98 %	77,84 %
Debt-to-Equity Ratio	0	0	0,07	0,26
Operating Profit Margin	64,72 %	86,65 %	80,7 %	79,74 %
Current Ratio	6,56	5,06	4,93	3,55
Quick Ratio	6,56	5,06	4,93	3,55
Equity Ratio	0,85	0,8	0,75	0,57
Gross Profit Margin	100 %	99,66 %	88,14 %	100 %