ESEA AS

4020 STAVANGER

Finances

Return on Equity

−364,29 %

Current Ratio

0,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 228 000	2 701 000	900 000	1 635 000
Net Income	−102 000	−91 000	−253 000	565 000
Total Assets	437 000	821 000	306 000	836 000
Total Equity	28 000	130 000	221 000	474 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 228 000	2 701 000	900 000	1 635 000
Expenditure	2 330 000	2 671 000	1 223 000	1 121 000
Operating Profit	−102 000	30 000	−324 000	515 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−102 000	30 000	−324 000	515 000
Tax	0	121 000	−71 000	−50 000
Net Income	−102 000	−91 000	−253 000	565 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 000	70 000	201 000	158 000
Total Current Assets	392 000	751 000	105 000	678 000
Total Assets	437 000	821 000	306 000	836 000
Total Retained Equity	0	102 000	193 000	446 000
Total Equity	28 000	130 000	221 000	474 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	410 000	691 000	85 000	362 000
Total Equity and Debt	437 000	821 000	306 000	836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 228 000	2 701 000	900 000	1 635 000
Other Income	0	0	0	0
Revenue	2 228 000	2 701 000	900 000	1 635 000
Cost of Goods Sold	1 502 000	2 211 000	579 000	782 000
Salary Costs	533 000	75 000	452 000	224 000
Depreciation	25 000	29 000	28 000	7 000
Impairment	0	0	0	0
Expenditure	2 330 000	2 671 000	1 223 000	1 121 000
Operating Profit	−102 000	30 000	−324 000	515 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−102 000	−91 000	−253 000	565 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	121 000	50 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	40 000	50 000	78 000
Total Tangible Assets	15 000	40 000	50 000	78 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	45 000	70 000	201 000	158 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	301 000	472 000	18 000	109 000
Total Current Assets	392 000	751 000	105 000	678 000
Total Assets	437 000	821 000	306 000	836 000
Total Equity	28 000	130 000	221 000	474 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	161 000	642 000	3 000	301 000
Unpaid Taxes	61 000	8 000	35 000	24 000
Dividends	0	0	0	0
Other Current Debt	188 000	41 000	46 000	37 000
Total Current Debt	410 000	691 000	85 000	362 000
Total Equity and Debt	437 000	821 000	306 000	836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−364,29 %	−70 %	−114,48 %	119,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,58 %	1,11 %	−36 %	31,5 %
Current Ratio	0,96	1,09	1,24	1,87
Quick Ratio	0,96	1,09	1,24	1,87
Equity Ratio	0,06	0,16	0,72	0,57
Gross Profit Margin	32,59 %	18,14 %	35,67 %	52,17 %