SEASHORE SHIPPING AS

5430 BREMNES

Finances

Share Ownership

Return on Equity

−45,34 %

Current Ratio

3,9

Debt-to-Equity Ratio

2,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	136 975 000	117 429 000	103 868 000	63 399 000
Net Income	−11 872 000	−671 000	11 234 000	−1 729 000
Total Assets	98 663 000	45 791 000	41 373 000	82 512 000
Total Equity	26 187 000	29 769 000	27 903 000	15 995 000

Income (NOK)	2022	2021	2020	2019
Revenue	136 975 000	117 429 000	103 868 000	63 399 000
Expenditure	149 133 000	117 135 000	88 718 000	63 254 000
Operating Profit	−12 158 000	294 000	15 150 000	145 000
Financial Income	17 000	0	90 000	97 000
Financial Costs	3 079 000	1 155 000	992 000	2 473 000
Financial Balance	−3 062 000	−1 155 000	−902 000	−2 376 000
Earnings Before Tax	−15 220 000	−860 000	14 248 000	−2 232 000
Tax	−3 348 000	−189 000	3 014 000	−503 000
Net Income	−11 872 000	−671 000	11 234 000	−1 729 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	61 367 000	3 077 000	2 005 000	37 087 000
Total Current Assets	37 296 000	42 715 000	39 368 000	45 425 000
Total Assets	98 663 000	45 791 000	41 373 000	82 512 000
Total Retained Equity	0	10 563 000	11 234 000	0
Total Equity	26 187 000	29 769 000	27 903 000	15 995 000
Total Long-Term Debt	62 924 000	4 800 000	4 274 000	63 699 000
Total Current Debt	9 552 000	11 222 000	9 195 000	2 817 000
Total Equity and Debt	98 663 000	45 791 000	41 373 000	82 512 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	136 975 000	106 015 000	79 227 000	63 289 000
Other Income	0	11 413 000	24 641 000	110 000
Revenue	136 975 000	117 429 000	103 868 000	63 399 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	5 137 000	923 000	2 563 000	5 322 000
Impairment	0	0	−6 000 000	0
Expenditure	149 133 000	117 135 000	88 718 000	63 254 000
Operating Profit	−12 158 000	294 000	15 150 000	145 000
Financial Income	17 000	0	90 000	97 000
Financial Costs	3 079 000	1 155 000	992 000	2 473 000
Financial Balance	−3 062 000	−1 155 000	−902 000	−2 376 000
Dividends	0	0	0	0
Net Income	−11 872 000	−671 000	11 234 000	−1 729 000

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	61 367 000	3 077 000	2 005 000	10 007 000
Fixtures	0	0	0	0
Total Tangible Assets	61 367 000	3 077 000	2 005 000	37 087 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	61 367 000	3 077 000	2 005 000	37 087 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	341 000	325 000	343 000	342 000
Total Current Assets	37 296 000	42 715 000	39 368 000	45 425 000
Total Assets	98 663 000	45 791 000	41 373 000	82 512 000
Total Equity	26 187 000	29 769 000	27 903 000	15 995 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	62 924 000	4 800 000	4 274 000	63 699 000
Creditors	475 000	10 155 000	395 000	0
Unpaid Taxes	2 160 000	1 067 000	800 000	774 000
Dividends	0	0	0	0
Other Current Debt	6 917 000	0	8 000 000	2 043 000
Total Current Debt	9 552 000	11 222 000	9 195 000	2 817 000
Total Equity and Debt	98 663 000	45 791 000	41 373 000	82 512 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,34 %	−2,25 %	40,26 %	−10,81 %
Debt-to-Equity Ratio	2,4	0,16	0,15	3,98
Operating Profit Margin	−8,88 %	0,25 %	14,59 %	0,23 %
Current Ratio	3,9	3,81	4,28	16,13
Quick Ratio	3,9	3,81	4,28	16,13
Equity Ratio	0,27	0,65	0,67	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %