SEAGRASP AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

63,93 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 508 000	23 378 000	22 039 000	22 116 000
Net Income	1 253 000	2 478 000	3 011 000	2 151 000
Total Assets	7 140 000	8 034 000	9 191 000	8 665 000
Total Equity	1 960 000	2 359 000	1 680 000	1 662 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 508 000	23 378 000	22 039 000	22 116 000
Expenditure	20 908 000	20 195 000	18 153 000	19 370 000
Operating Profit	1 599 000	3 184 000	3 886 000	2 746 000
Financial Income	8 000	3 000	8 000	26 000
Financial Costs	0	5 000	1 000	4 000
Financial Balance	8 000	−2 000	7 000	22 000
Earnings Before Tax	1 606 000	3 182 000	3 893 000	2 768 000
Tax	354 000	704 000	882 000	616 000
Net Income	1 253 000	2 478 000	3 011 000	2 151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 455 000	1 155 000	1 329 000	1 400 000
Total Current Assets	5 684 000	6 879 000	7 862 000	7 265 000
Total Assets	7 140 000	8 034 000	9 191 000	8 665 000
Total Retained Equity	261 000	660 000	−18 000	−921 000
Total Equity	1 960 000	2 359 000	1 680 000	1 662 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 180 000	5 675 000	7 510 000	7 003 000
Total Equity and Debt	7 140 000	8 034 000	9 191 000	8 665 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 508 000	23 378 000	22 039 000	22 116 000
Other Income	0	0	0	0
Revenue	22 508 000	23 378 000	22 039 000	22 116 000
Cost of Goods Sold	6 970 000	6 914 000	5 902 000	6 487 000
Salary Costs	10 202 000	9 643 000	8 631 000	9 283 000
Depreciation	289 000	231 000	302 000	420 000
Impairment	0	0	0	0
Expenditure	20 908 000	20 195 000	18 153 000	19 370 000
Operating Profit	1 599 000	3 184 000	3 886 000	2 746 000
Financial Income	8 000	3 000	8 000	26 000
Financial Costs	0	5 000	1 000	4 000
Financial Balance	8 000	−2 000	7 000	22 000
Dividends	1 652 000	1 800 000	2 993 000	4 182 000
Net Income	1 253 000	2 478 000	3 011 000	2 151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	153 000	142 000	135 000	119 000
Real Eastate	469 000	339 000	494 000	649 000
Machinery and Plant Facilities	0	0	39 000	0
Fixtures	313 000	205 000	194 000	167 000
Total Tangible Assets	782 000	544 000	727 000	816 000
Total Fiancial Fixed Assets	521 000	469 000	467 000	465 000
Total Fixed Assets	1 455 000	1 155 000	1 329 000	1 400 000
Stock	717 000	677 000	500 000	460 000
Total Investments	0	0	0	0
Cash, Bank	4 495 000	5 550 000	6 706 000	6 492 000
Total Current Assets	5 684 000	6 879 000	7 862 000	7 265 000
Total Assets	7 140 000	8 034 000	9 191 000	8 665 000
Total Equity	1 960 000	2 359 000	1 680 000	1 662 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	351 000	420 000	721 000	450 000
Unpaid Taxes	972 000	934 000	845 000	926 000
Dividends	1 652 000	1 800 000	2 993 000	4 182 000
Other Current Debt	1 841 000	1 810 000	2 054 000	1 667 000
Total Current Debt	5 180 000	5 675 000	7 510 000	7 003 000
Total Equity and Debt	7 140 000	8 034 000	9 191 000	8 665 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,93 %	105,04 %	179,23 %	129,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,1 %	13,62 %	17,63 %	12,42 %
Current Ratio	1,1	1,21	1,05	1,04
Quick Ratio	1,27	1,38	1,12	1,11
Equity Ratio	0,27	0,29	0,18	0,19
Gross Profit Margin	69,03 %	70,43 %	73,22 %	70,67 %