ECO SEAS AS

0191 OSLO

Finances

Share Ownership

Return on Equity

17,81 %

Current Ratio

8,6

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	166 852 000	137 835 000	187 449 000	94 926 000
Net Income	51 589 000	57 409 000	109 313 000	15 303 000
Total Assets	570 285 000	612 207 000	603 896 000	692 999 000
Total Equity	289 658 000	238 069 000	320 661 000	371 348 000

Income (NOK)	2022	2021	2020	2019
Revenue	166 852 000	137 835 000	187 449 000	94 926 000
Expenditure	66 001 000	60 149 000	63 068 000	59 614 000
Operating Profit	100 851 000	77 686 000	124 381 000	35 311 000
Financial Income	7 360 000	3 820 000	4 064 000	1 855 000
Financial Costs	57 310 000	23 408 000	19 132 000	21 864 000
Financial Balance	−49 950 000	−19 588 000	−15 068 000	−20 009 000
Earnings Before Tax	50 900 000	58 099 000	109 313 000	15 303 000
Tax	−688 000	690 000	0	0
Net Income	51 589 000	57 409 000	109 313 000	15 303 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	545 694 000	575 859 000	591 069 000	620 426 000
Total Current Assets	24 591 000	36 348 000	12 828 000	72 573 000
Total Assets	570 285 000	612 207 000	603 896 000	692 999 000
Total Retained Equity	110 740 000	59 151 000	141 742 000	32 430 000
Total Equity	289 658 000	238 069 000	320 661 000	371 348 000
Total Long-Term Debt	277 767 000	354 147 000	277 612 000	303 675 000
Total Current Debt	2 860 000	19 990 000	5 623 000	17 976 000
Total Equity and Debt	570 285 000	612 207 000	603 896 000	692 999 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	166 852 000	137 835 000	187 449 000	94 926 000
Other Income	0	0	0	0
Revenue	166 852 000	137 835 000	187 449 000	94 926 000
Cost of Goods Sold	2 747 000	5 715 000	3 095 000	2 834 000
Salary Costs	15 680 000	13 662 000	14 832 000	13 749 000
Depreciation	30 165 000	28 361 000	29 357 000	28 432 000
Impairment	0	0	0	0
Expenditure	66 001 000	60 149 000	63 068 000	59 614 000
Operating Profit	100 851 000	77 686 000	124 381 000	35 311 000
Financial Income	7 360 000	3 820 000	4 064 000	1 855 000
Financial Costs	57 310 000	23 408 000	19 132 000	21 864 000
Financial Balance	−49 950 000	−19 588 000	−15 068 000	−20 009 000
Dividends	0	0	0	0
Net Income	51 589 000	57 409 000	109 313 000	15 303 000

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	545 694 000	575 859 000	591 069 000	620 426 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	545 694 000	575 859 000	591 069 000	620 426 000
Stock	2 712 000	2 701 000	1 119 000	13 983 000
Total Investments	0	0	0	0
Cash, Bank	16 243 000	28 661 000	10 006 000	43 273 000
Total Current Assets	24 591 000	36 348 000	12 828 000	72 573 000
Total Assets	570 285 000	612 207 000	603 896 000	692 999 000
Total Equity	289 658 000	238 069 000	320 661 000	371 348 000
Short-Term Group Debt	461 000	1 845 000	2 395 000	7 000
Total Long-Term Debt	277 767 000	354 147 000	277 612 000	303 675 000
Creditors	775 000	3 713 000	105 000	3 247 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 625 000	14 433 000	3 123 000	14 722 000
Total Current Debt	2 860 000	19 990 000	5 623 000	17 976 000
Total Equity and Debt	570 285 000	612 207 000	603 896 000	692 999 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,81 %	24,11 %	34,09 %	4,12 %
Debt-to-Equity Ratio	0,96	1,49	0,87	0,82
Operating Profit Margin	60,44 %	56,36 %	66,35 %	37,2 %
Current Ratio	8,6	1,82	2,28	4,04
Quick Ratio	166,16	2,1	2,85	18,18
Equity Ratio	0,51	0,39	0,53	0,54
Gross Profit Margin	98,35 %	95,85 %	98,35 %	97,01 %