SEABIRD EXPLORATION PLC

5035 BERGEN

Finances

Return on Equity

−47,75 %

Current Ratio

0,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 133 000	3 018 000	4 595 000	447 000
Net Income	−103 110 000	28 960 000	−181 325 000	−23 961 000
Total Assets	524 700 000	538 662 000	447 367 000	59 010 000
Total Equity	215 919 000	211 423 000	194 707 000	46 432 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 133 000	3 018 000	4 595 000	447 000
Expenditure	78 976 000	8 677 000	171 300 000	24 501 000
Operating Profit	−69 843 000	−5 658 000	−166 705 000	−24 054 000
Financial Income	8 958 000	39 758 000	32 403 000	0
Financial Costs	42 225 000	5 139 000	47 023 000	−93 000
Financial Balance	−33 267 000	34 619 000	−14 620 000	93 000
Earnings Before Tax	−103 110 000	28 960 000	−181 325 000	−23 961 000
Tax	0	0	0	0
Net Income	−103 110 000	28 960 000	−181 325 000	−23 961 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	390 277 000	425 641 000	447 048 000	59 007 000
Total Current Assets	134 423 000	113 021 000	319 000	3 000
Total Assets	524 700 000	538 662 000	447 367 000	59 010 000
Total Retained Equity	215 919 000	211 423 000	194 707 000	46 432 000
Total Equity	215 919 000	211 423 000	194 707 000	46 432 000
Total Long-Term Debt	0	0	251 510 000	0
Total Current Debt	308 781 000	327 239 000	1 151 000	12 578 000
Total Equity and Debt	524 700 000	538 662 000	447 367 000	59 010 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	9 133 000	3 018 000	4 595 000	447 000
Revenue	9 133 000	3 018 000	4 595 000	447 000
Cost of Goods Sold	0	157 000	0	0
Salary Costs	3 509 000	−1 734 000	4 203 000	143 000
Depreciation	0	0	0	0
Impairment	65 520 000	549 000	158 096 000	23 857 000
Expenditure	78 976 000	8 677 000	171 300 000	24 501 000
Operating Profit	−69 843 000	−5 658 000	−166 705 000	−24 054 000
Financial Income	8 958 000	39 758 000	32 403 000	0
Financial Costs	42 225 000	5 139 000	47 023 000	−93 000
Financial Balance	−33 267 000	34 619 000	−14 620 000	93 000
Dividends	0	0	0	0
Net Income	−103 110 000	28 960 000	−181 325 000	−23 961 000

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	390 277 000	425 641 000	447 048 000	59 007 000
Total Fixed Assets	390 277 000	425 641 000	447 048 000	59 007 000
Stock	0	0	0	0
Total Investments	21 000	0	0	0
Cash, Bank	397 000	0	302 000	3 000
Total Current Assets	134 423 000	113 021 000	319 000	3 000
Total Assets	524 700 000	538 662 000	447 367 000	59 010 000
Total Equity	215 919 000	211 423 000	194 707 000	46 432 000
Short-Term Group Debt	305 385 000	324 382 000	0	0
Total Long-Term Debt	0	0	251 510 000	0
Creditors	3 081 000	2 277 000	330 000	197 000
Unpaid Taxes	110 000	−44 000	240 000	0
Dividends	0	0	0	0
Other Current Debt	204 000	623 000	582 000	12 381 000
Total Current Debt	308 781 000	327 239 000	1 151 000	12 578 000
Total Equity and Debt	524 700 000	538 662 000	447 367 000	59 010 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−47,75 %	13,7 %	−93,13 %	−51,6 %
Debt-to-Equity Ratio	0	0	1,29	0
Operating Profit Margin	−764,73 %	−187,48 %	−3 627,97 %	−5 381,21 %
Current Ratio	0,44	0,35	0,28	0
Quick Ratio	0,44	0,35	0,28	0
Equity Ratio	0,41	0,39	0,44	0,79
Gross Profit Margin	100 %	94,8 %	100 %	100 %