SEAWATER AS

6265 VATNE

Finances

Share Ownership

Return on Equity

130,77 %

Current Ratio

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	1 100 000	3 528 000
Net Income	−51 000	−693 000	839 000	721 000
Total Assets	15 000	15 000	1 687 000	3 675 000
Total Equity	−39 000	12 000	745 000	986 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	1 100 000	3 528 000
Expenditure	65 000	0	24 000	2 471 000
Operating Profit	−65 000	0	1 076 000	1 056 000
Financial Income	0	0	0	9 000
Financial Costs	0	888 000	0	140 000
Financial Balance	0	−888 000	0	−131 000
Earnings Before Tax	−65 000	−888 000	1 076 000	925 000
Tax	−14 000	−195 000	237 000	204 000
Net Income	−51 000	−693 000	839 000	721 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	15 000	910 000	1 327 000
Total Current Assets	0	0	777 000	2 348 000
Total Assets	15 000	15 000	1 687 000	3 675 000
Total Retained Equity	−743 000	−693 000	41 000	282 000
Total Equity	−39 000	12 000	745 000	986 000
Total Long-Term Debt	0	0	847 000	1 773 000
Total Current Debt	54 000	4 000	95 000	916 000
Total Equity and Debt	15 000	15 000	1 687 000	3 675 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	3 290 000
Other Income	0	0	1 100 000	238 000
Revenue	0	0	1 100 000	3 528 000
Cost of Goods Sold	0	0	0	52 000
Salary Costs	0	0	0	787 000
Depreciation	0	0	0	319 000
Impairment	0	0	0	0
Expenditure	65 000	0	24 000	2 471 000
Operating Profit	−65 000	0	1 076 000	1 056 000
Financial Income	0	0	0	9 000
Financial Costs	0	888 000	0	140 000
Financial Balance	0	−888 000	0	−131 000
Dividends	0	0	0	841 000
Net Income	−51 000	−693 000	839 000	721 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	15 000	15 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	29 000
Fixtures	0	0	0	189 000
Total Tangible Assets	0	0	785 000	785 000
Total Fiancial Fixed Assets	0	0	110 000	528 000
Total Fixed Assets	15 000	15 000	910 000	1 327 000
Stock	0	0	167 000	317 000
Total Investments	0	0	0	0
Cash, Bank	0	0	−1 000	401 000
Total Current Assets	0	0	777 000	2 348 000
Total Assets	15 000	15 000	1 687 000	3 675 000
Total Equity	−39 000	12 000	745 000	986 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	847 000	1 773 000
Creditors	0	51 000	151 000	279 000
Unpaid Taxes	0	0	131 000	429 000
Dividends	0	0	0	841 000
Other Current Debt	54 000	−47 000	−187 000	22 000
Total Current Debt	54 000	4 000	95 000	916 000
Total Equity and Debt	15 000	15 000	1 687 000	3 675 000

Financial indicators	2022	2021	2020	2019
Return on Equity	130,77 %	−5 775 %	112,62 %	73,12 %
Debt-to-Equity Ratio	−0	0	1,14	1,8
Operating Profit Margin	-	-	97,82 %	29,93 %
Current Ratio	0	0	8,18	2,56
Quick Ratio	0	0	−10,79	3,92
Equity Ratio	−2,6	0,8	0,44	0,27
Gross Profit Margin	-	-	100 %	98,53 %