SEALOADING HOLDING AS

4836 ARENDAL

Finances

Return on Equity

−119,86 %

Current Ratio

1,55

Debt-to-Equity Ratio

4,49

Key figures (USD)	2022	2021	2020	2019
Revenue	19 593 000	6 877 000	12 604 000	696 000
Net Income	−25 477 000	−22 691 000	−14 236 000	−13 909 000
Total Assets	128 572 000	119 112 000	127 000 000	128 304 000
Total Equity	21 256 000	13 132 000	19 823 000	14 505 000

Income (USD)	2022	2021	2020	2019
Revenue	19 593 000	6 877 000	12 604 000	696 000
Expenditure	42 912 000	23 651 000	20 309 000	11 415 000
Operating Profit	−23 319 000	−16 775 000	−7 706 000	−10 718 000
Financial Income	267 000	59 000	9 000	89 000
Financial Costs	2 370 000	5 959 000	6 500 000	3 276 000
Financial Balance	−2 103 000	−5 900 000	−6 491 000	−3 187 000
Earnings Before Tax	−25 422 000	−22 676 000	−14 196 000	−13 906 000
Tax	54 000	15 000	39 000	3 000
Net Income	−25 477 000	−22 691 000	−14 236 000	−13 909 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	110 207 000	115 221 000	120 442 000	125 373 000
Total Current Assets	18 365 000	3 891 000	6 558 000	2 931 000
Total Assets	128 572 000	119 112 000	127 000 000	128 304 000
Total Retained Equity	−85 913 000	−60 437 000	−37 746 000	−23 510 000
Total Equity	21 256 000	13 132 000	19 823 000	14 505 000
Total Long-Term Debt	95 504 000	49 102 000	97 036 000	98 779 000
Total Current Debt	11 812 000	56 877 000	10 141 000	15 020 000
Total Equity and Debt	128 572 000	119 112 000	127 000 000	128 304 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	19 593 000	6 877 000	12 604 000	696 000
Other Income	0	0	0	0
Revenue	19 593 000	6 877 000	12 604 000	696 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 522 000	791 000	209 000	0
Depreciation	5 199 000	5 221 000	5 203 000	2 800 000
Impairment	382 000	0	0	0
Expenditure	42 912 000	23 651 000	20 309 000	11 415 000
Operating Profit	−23 319 000	−16 775 000	−7 706 000	−10 718 000
Financial Income	267 000	59 000	9 000	89 000
Financial Costs	2 370 000	5 959 000	6 500 000	3 276 000
Financial Balance	−2 103 000	−5 900 000	−6 491 000	−3 187 000
Dividends	0	0	0	0
Net Income	−25 477 000	−22 691 000	−14 236 000	−13 909 000

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	466 000	229 000
Fixtures	566 000	413 000	0	0
Total Tangible Assets	110 207 000	115 221 000	120 442 000	125 373 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	110 207 000	115 221 000	120 442 000	125 373 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 351 000	2 260 000	4 560 000	1 816 000
Total Current Assets	18 365 000	3 891 000	6 558 000	2 931 000
Total Assets	128 572 000	119 112 000	127 000 000	128 304 000
Total Equity	21 256 000	13 132 000	19 823 000	14 505 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	95 504 000	49 102 000	97 036 000	98 779 000
Creditors	3 596 000	1 243 000	1 064 000	2 733 000
Unpaid Taxes	459 000	65 000	55 000	0
Dividends	0	0	0	0
Other Current Debt	7 755 000	55 569 000	9 021 000	12 286 000
Total Current Debt	11 812 000	56 877 000	10 141 000	15 020 000
Total Equity and Debt	128 572 000	119 112 000	127 000 000	128 304 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−119,86 %	−172,79 %	−71,82 %	−95,89 %
Debt-to-Equity Ratio	4,49	3,74	4,9	6,81
Operating Profit Margin	−119,02 %	−243,93 %	−61,14 %	−1 539,94 %
Current Ratio	1,55	0,07	0,65	0,2
Quick Ratio	1,55	0,07	0,65	0,2
Equity Ratio	0,17	0,11	0,16	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %