SEABIT AS

9020 TROMSDALEN

Finances

Return on Equity

82,4 %

Current Ratio

0,28

Debt-to-Equity Ratio

−1,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 487 000	969 000	276 000	260 000
Net Income	−1 863 000	−258 000	−520 000	−35 000
Total Assets	2 210 000	1 697 000	1 587 000	673 000
Total Equity	−2 261 000	−397 000	−627 000	−1 626 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 487 000	969 000	276 000	260 000
Expenditure	3 892 000	1 136 000	776 000	265 000
Operating Profit	−1 370 000	−209 000	−483 000	−5 000
Financial Income	0	1 000	1 000	0
Financial Costs	494 000	50 000	38 000	30 000
Financial Balance	−494 000	−49 000	−37 000	−30 000
Earnings Before Tax	−1 863 000	−258 000	−520 000	−35 000
Tax	0	0	0	0
Net Income	−1 863 000	−258 000	−520 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 755 000	1 298 000	1 037 000	621 000
Total Current Assets	455 000	399 000	549 000	53 000
Total Assets	2 210 000	1 697 000	1 587 000	673 000
Total Retained Equity	−6 071 000	−4 197 000	−3 941 000	−2 784 000
Total Equity	−2 261 000	−397 000	−627 000	−1 626 000
Total Long-Term Debt	2 849 000	1 834 000	2 063 000	2 298 000
Total Current Debt	1 622 000	260 000	150 000	1 000
Total Equity and Debt	2 210 000	1 697 000	1 587 000	673 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 232 000	714 000	276 000	258 000
Other Income	255 000	255 000	0	1 000
Revenue	2 487 000	969 000	276 000	260 000
Cost of Goods Sold	1 170 000	325 000	218 000	25 000
Salary Costs	614 000	8 000	8 000	1 000
Depreciation	292 000	190 000	107 000	89 000
Impairment	0	16 000	0	0
Expenditure	3 892 000	1 136 000	776 000	265 000
Operating Profit	−1 370 000	−209 000	−483 000	−5 000
Financial Income	0	1 000	1 000	0
Financial Costs	494 000	50 000	38 000	30 000
Financial Balance	−494 000	−49 000	−37 000	−30 000
Dividends	0	0	0	0
Net Income	−1 863 000	−258 000	−520 000	−35 000

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	1 154 000	894 000	931 000	523 000
Fixtures	571 000	405 000	106 000	98 000
Total Tangible Assets	1 725 000	1 298 000	1 037 000	621 000
Total Fiancial Fixed Assets	30 000	0	0	0
Total Fixed Assets	1 755 000	1 298 000	1 037 000	621 000
Stock	234 000	242 000	176 000	0
Total Investments	0	0	0	0
Cash, Bank	16 000	157 000	375 000	20 000
Total Current Assets	455 000	399 000	549 000	53 000
Total Assets	2 210 000	1 697 000	1 587 000	673 000
Total Equity	−2 261 000	−397 000	−627 000	−1 626 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 849 000	1 834 000	2 063 000	2 298 000
Creditors	1 508 000	285 000	184 000	−4 000
Unpaid Taxes	10 000	−48 000	−58 000	−9 000
Dividends	0	0	0	0
Other Current Debt	104 000	23 000	24 000	14 000
Total Current Debt	1 622 000	260 000	150 000	1 000
Total Equity and Debt	2 210 000	1 697 000	1 587 000	673 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,4 %	64,99 %	82,93 %	2,15 %
Debt-to-Equity Ratio	−1,26	−4,62	−3,29	−1,41
Operating Profit Margin	−55,09 %	−21,57 %	−175 %	−1,92 %
Current Ratio	0,28	1,53	3,66	53
Quick Ratio	0,33	22,17	−21,12	53
Equity Ratio	−1,02	−0,23	−0,4	−2,42
Gross Profit Margin	52,96 %	66,46 %	21,01 %	90,38 %