SEASMART AS

5009 BERGEN

Finances

Share Ownership

Return on Equity

−44,62 %

Current Ratio

2,66

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 698 000	2 010 000	2 432 000	2 240 000
Net Income	−1 174 000	−2 437 000	−1 303 000	−474 000
Total Assets	4 206 000	4 699 000	3 867 000	2 274 000
Total Equity	2 631 000	2 680 000	2 377 000	623 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 698 000	2 010 000	2 432 000	2 240 000
Expenditure	4 010 000	5 005 000	4 091 000	2 767 000
Operating Profit	−1 130 000	−2 403 000	−1 297 000	−452 000
Financial Income	2 000	0	2 000	3 000
Financial Costs	47 000	35 000	8 000	25 000
Financial Balance	−45 000	−35 000	−6 000	−22 000
Earnings Before Tax	−1 174 000	−2 437 000	−1 303 000	−474 000
Tax	0	0	0	0
Net Income	−1 174 000	−2 437 000	−1 303 000	−474 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 143 000	2 061 000	1 792 000	1 781 000
Total Current Assets	2 063 000	2 638 000	2 074 000	492 000
Total Assets	4 206 000	4 699 000	3 867 000	2 274 000
Total Retained Equity	0	0	0	−3 030 000
Total Equity	2 631 000	2 680 000	2 377 000	623 000
Total Long-Term Debt	800 000	1 000 000	1 000 000	1 000 000
Total Current Debt	775 000	1 019 000	489 000	651 000
Total Equity and Debt	4 206 000	4 699 000	3 867 000	2 274 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 698 000	2 010 000	2 432 000	2 240 000
Other Income	0	0	0	0
Revenue	2 698 000	2 010 000	2 432 000	2 240 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 527 000	2 546 000	1 799 000	1 217 000
Depreciation	100 000	323 000	351 000	421 000
Impairment	0	0	0	0
Expenditure	4 010 000	5 005 000	4 091 000	2 767 000
Operating Profit	−1 130 000	−2 403 000	−1 297 000	−452 000
Financial Income	2 000	0	2 000	3 000
Financial Costs	47 000	35 000	8 000	25 000
Financial Balance	−45 000	−35 000	−6 000	−22 000
Dividends	0	0	0	0
Net Income	−1 174 000	−2 437 000	−1 303 000	−474 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 917 000	1 681 000	1 133 000	912 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	226 000	380 000	659 000	869 000
Total Tangible Assets	226 000	380 000	659 000	869 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 143 000	2 061 000	1 792 000	1 781 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	878 000	2 161 000	1 354 000	324 000
Total Current Assets	2 063 000	2 638 000	2 074 000	492 000
Total Assets	4 206 000	4 699 000	3 867 000	2 274 000
Total Equity	2 631 000	2 680 000	2 377 000	623 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	800 000	1 000 000	1 000 000	1 000 000
Creditors	5 000	59 000	43 000	66 000
Unpaid Taxes	338 000	255 000	176 000	106 000
Dividends	0	0	0	0
Other Current Debt	432 000	704 000	270 000	479 000
Total Current Debt	775 000	1 019 000	489 000	651 000
Total Equity and Debt	4 206 000	4 699 000	3 867 000	2 274 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−44,62 %	−90,93 %	−54,82 %	−76,08 %
Debt-to-Equity Ratio	0,3	0,37	0,42	1,61
Operating Profit Margin	−41,88 %	−119,55 %	−53,33 %	−20,18 %
Current Ratio	2,66	2,59	4,24	0,76
Quick Ratio	2,66	2,59	4,24	0,76
Equity Ratio	0,63	0,57	0,61	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %