ECO SEAS HOLDING AS

0191 OSLO

Finances

Return on Equity

53,57 %

Current Ratio

2,04

Debt-to-Equity Ratio

0,89

Key figures (USD)	2022	2021	2020	2019
Revenue	23 876 000	36 476 000	101 952 000	45 286 000
Net Income	20 513 000	5 777 000	65 772 000	6 647 000
Total Assets	77 060 000	156 539 000	340 016 000	346 905 000
Total Equity	38 291 000	69 524 000	195 377 000	141 533 000

Income (USD)	2022	2021	2020	2019
Revenue	23 876 000	36 476 000	101 952 000	45 286 000
Expenditure	12 736 000	17 978 000	29 061 000	28 586 000
Operating Profit	11 140 000	18 498 000	72 891 000	16 700 000
Financial Income	12 601 000	1 299 000	198 000	582 000
Financial Costs	3 472 000	13 833 000	7 098 000	10 107 000
Financial Balance	9 129 000	−12 534 000	−6 900 000	−9 525 000
Earnings Before Tax	20 269 000	5 964 000	65 991 000	7 175 000
Tax	−244 000	187 000	219 000	528 000
Net Income	20 513 000	5 777 000	65 772 000	6 647 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	67 660 000	142 650 000	293 178 000	307 835 000
Total Current Assets	9 400 000	13 889 000	46 838 000	39 070 000
Total Assets	77 060 000	156 539 000	340 016 000	346 905 000
Total Retained Equity	4 978 000	22 919 000	16 250 000	−48 223 000
Total Equity	38 291 000	69 524 000	195 377 000	141 533 000
Total Long-Term Debt	34 164 000	75 221 000	0	177 166 000
Total Current Debt	4 605 000	11 794 000	144 639 000	28 206 000
Total Equity and Debt	77 060 000	156 539 000	340 016 000	346 905 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	23 876 000	36 476 000	101 952 000	45 286 000
Other Income	0	0	0	0
Revenue	23 876 000	36 476 000	101 952 000	45 286 000
Cost of Goods Sold	0	0	0	0
Salary Costs	196 000	292 000	500 000	215 000
Depreciation	6 304 000	8 401 000	14 657 000	14 255 000
Impairment	0	0	0	0
Expenditure	12 736 000	17 978 000	29 061 000	28 586 000
Operating Profit	11 140 000	18 498 000	72 891 000	16 700 000
Financial Income	12 601 000	1 299 000	198 000	582 000
Financial Costs	3 472 000	13 833 000	7 098 000	10 107 000
Financial Balance	9 129 000	−12 534 000	−6 900 000	−9 525 000
Dividends	0	0	0	0
Net Income	20 513 000	5 777 000	65 772 000	6 647 000

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	0	0	0	0
Total Tangible Assets	67 660 000	142 650 000	293 178 000	307 835 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	67 660 000	142 650 000	293 178 000	307 835 000
Stock	327 000	503 000	532 000	7 471 000
Total Investments	0	0	0	522 000
Cash, Bank	8 346 000	11 860 000	45 746 000	24 065 000
Total Current Assets	9 400 000	13 889 000	46 838 000	39 070 000
Total Assets	77 060 000	156 539 000	340 016 000	346 905 000
Total Equity	38 291 000	69 524 000	195 377 000	141 533 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	34 164 000	75 221 000	0	177 166 000
Creditors	119 000	580 000	73 000	5 061 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	286 000	2 814 000	6 677 000	6 225 000
Total Current Debt	4 605 000	11 794 000	144 639 000	28 206 000
Total Equity and Debt	77 060 000	156 539 000	340 016 000	346 905 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,57 %	8,31 %	33,66 %	4,7 %
Debt-to-Equity Ratio	0,89	1,08	0	1,25
Operating Profit Margin	46,66 %	50,71 %	71,5 %	36,88 %
Current Ratio	2,04	1,18	0,32	1,39
Quick Ratio	2,2	1,23	0,33	1,88
Equity Ratio	0,5	0,44	0,57	0,41
Gross Profit Margin	100 %	100 %	100 %	100 %