SEABED AS

6570 SMØLA

Finances

Return on Equity

−118,45 %

Current Ratio

4,43

Debt-to-Equity Ratio

32,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 312 000	1 964 000	916 000	746 000
Net Income	−366 000	66 000	−423 000	−650 000
Total Assets	10 521 000	11 066 000	11 459 000	5 753 000
Total Equity	309 000	175 000	109 000	69 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 312 000	1 964 000	916 000	746 000
Expenditure	888 000	1 215 000	913 000	1 121 000
Operating Profit	134 000	496 000	−86 000	−463 000
Financial Income	0	10 000	2 000	4 000
Financial Costs	501 000	441 000	294 000	191 000
Financial Balance	−501 000	−431 000	−292 000	−187 000
Earnings Before Tax	−366 000	66 000	−378 000	−650 000
Tax	0	0	45 000	0
Net Income	−366 000	66 000	−423 000	−650 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 325 000	10 521 000	10 607 000	4 498 000
Total Current Assets	195 000	545 000	852 000	1 256 000
Total Assets	10 521 000	11 066 000	11 459 000	5 753 000
Total Retained Equity	66 000	66 000	0	0
Total Equity	309 000	175 000	109 000	69 000
Total Long-Term Debt	10 168 000	10 863 000	11 282 000	5 333 000
Total Current Debt	44 000	28 000	67 000	352 000
Total Equity and Debt	10 521 000	11 066 000	11 459 000	5 753 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 312 000	1 614 000	916 000	746 000
Other Income	0	350 000	0	0
Revenue	1 312 000	1 964 000	916 000	746 000
Cost of Goods Sold	0	0	0	0
Salary Costs	63 000	287 000	93 000	151 000
Depreciation	297 000	326 000	265 000	159 000
Impairment	0	0	0	0
Expenditure	888 000	1 215 000	913 000	1 121 000
Operating Profit	134 000	496 000	−86 000	−463 000
Financial Income	0	10 000	2 000	4 000
Financial Costs	501 000	441 000	294 000	191 000
Financial Balance	−501 000	−431 000	−292 000	−187 000
Dividends	0	0	0	0
Net Income	−366 000	66 000	−423 000	−650 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 407 000	9 631 000	9 665 000	3 813 000
Machinery and Plant Facilities	765 000	763 000	509 000	454 000
Fixtures	54 000	127 000	233 000	231 000
Total Tangible Assets	10 225 000	10 521 000	10 407 000	4 498 000
Total Fiancial Fixed Assets	100 000	0	200 000	0
Total Fixed Assets	10 325 000	10 521 000	10 607 000	4 498 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	104 000	336 000	107 000	102 000
Total Current Assets	195 000	545 000	852 000	1 256 000
Total Assets	10 521 000	11 066 000	11 459 000	5 753 000
Total Equity	309 000	175 000	109 000	69 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 168 000	10 863 000	11 282 000	5 333 000
Creditors	6 000	16 000	39 000	334 000
Unpaid Taxes	16 000	2 000	16 000	4 000
Dividends	0	0	0	0
Other Current Debt	23 000	10 000	13 000	14 000
Total Current Debt	44 000	28 000	67 000	352 000
Total Equity and Debt	10 521 000	11 066 000	11 459 000	5 753 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−118,45 %	37,71 %	−388,07 %	−942,03 %
Debt-to-Equity Ratio	32,91	62,07	103,5	77,29
Operating Profit Margin	10,21 %	25,25 %	−9,39 %	−62,06 %
Current Ratio	4,43	19,46	12,72	3,57
Quick Ratio	4,43	19,46	12,72	3,57
Equity Ratio	0,03	0,02	0,01	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %