SEID AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

−17,12 %

Current Ratio

1,95

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 573 000	33 071 000	22 682 000	34 568 000
Net Income	−3 306 000	−12 892 000	−6 424 000	497 000
Total Assets	47 552 000	29 618 000	18 461 000	10 587 000
Total Equity	19 310 000	22 616 000	10 509 000	−5 799 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 573 000	33 071 000	22 682 000	34 568 000
Expenditure	67 258 000	47 422 000	23 172 000	24 590 000
Operating Profit	−3 109 000	−12 211 000	−3 647 000	1 642 000
Financial Income	993 000	70 000	671 000	453 000
Financial Costs	1 191 000	750 000	3 448 000	1 598 000
Financial Balance	−198 000	−680 000	−2 777 000	−1 145 000
Earnings Before Tax	−3 306 000	−12 892 000	−6 424 000	497 000
Tax	0	0	0	0
Net Income	−3 306 000	−12 892 000	−6 424 000	497 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 699 000	1 017 000	0	0
Total Current Assets	29 853 000	28 601 000	18 461 000	10 587 000
Total Assets	47 552 000	29 618 000	18 461 000	10 587 000
Total Retained Equity	−28 522 000	−25 215 000	−12 323 000	−5 900 000
Total Equity	19 310 000	22 616 000	10 509 000	−5 799 000
Total Long-Term Debt	12 936 000	0	0	11 650 000
Total Current Debt	15 306 000	7 002 000	7 953 000	4 736 000
Total Equity and Debt	47 552 000	29 618 000	18 461 000	10 587 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 707 000	27 230 000	19 348 000	22 032 000
Other Income	866 000	5 842 000	3 334 000	12 535 000
Revenue	60 573 000	33 071 000	22 682 000	34 568 000
Cost of Goods Sold	40 108 000	17 381 000	10 193 000	17 781 000
Salary Costs	10 718 000	11 768 000	7 489 000	4 397 000
Depreciation	308 000	60 000	0	0
Impairment	0	0	0	0
Expenditure	67 258 000	47 422 000	23 172 000	24 590 000
Operating Profit	−3 109 000	−12 211 000	−3 647 000	1 642 000
Financial Income	993 000	70 000	671 000	453 000
Financial Costs	1 191 000	750 000	3 448 000	1 598 000
Financial Balance	−198 000	−680 000	−2 777 000	−1 145 000
Dividends	0	0	0	0
Net Income	−3 306 000	−12 892 000	−6 424 000	497 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 153 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 547 000	1 017 000	0	0
Total Tangible Assets	2 547 000	1 017 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 699 000	1 017 000	0	0
Stock	5 052 000	7 244 000	4 090 000	3 963 000
Total Investments	0	0	0	0
Cash, Bank	8 214 000	3 128 000	9 503 000	2 939 000
Total Current Assets	29 853 000	28 601 000	18 461 000	10 587 000
Total Assets	47 552 000	29 618 000	18 461 000	10 587 000
Total Equity	19 310 000	22 616 000	10 509 000	−5 799 000
Short-Term Group Debt	0	0	49 000	692 000
Total Long-Term Debt	12 936 000	0	0	11 650 000
Creditors	7 367 000	1 575 000	1 524 000	2 575 000
Unpaid Taxes	1 415 000	925 000	329 000	710 000
Dividends	0	0	0	0
Other Current Debt	6 525 000	4 503 000	6 051 000	758 000
Total Current Debt	15 306 000	7 002 000	7 953 000	4 736 000
Total Equity and Debt	47 552 000	29 618 000	18 461 000	10 587 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,12 %	−57 %	−61,13 %	−8,57 %
Debt-to-Equity Ratio	0,67	0	0	−2,01
Operating Profit Margin	−5,13 %	−36,92 %	−16,08 %	4,75 %
Current Ratio	1,95	4,08	2,32	2,24
Quick Ratio	2,91	−118,19	4,78	13,7
Equity Ratio	0,41	0,76	0,57	−0,55
Gross Profit Margin	33,79 %	47,44 %	55,06 %	48,56 %