SEAROADS AS

4876 GRIMSTAD

Finances

Return on Equity

23,04 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	354 000	547 000	304 000	72 000
Net Income	8 830 000	440 000	2 169 000	−9 896 000
Total Assets	52 053 000	42 979 000	50 620 000	50 789 000
Total Equity	38 320 000	36 990 000	39 751 000	38 182 000

Income (NOK)	2022	2021	2020	2019
Revenue	354 000	547 000	304 000	72 000
Expenditure	849 000	2 440 000	2 572 000	4 479 000
Operating Profit	−495 000	−1 893 000	−2 268 000	−4 407 000
Financial Income	9 194 000	2 333 000	3 616 000	899 000
Financial Costs	−131 000	0	−822 000	6 388 000
Financial Balance	9 325 000	2 333 000	4 438 000	−5 489 000
Earnings Before Tax	8 830 000	440 000	2 169 000	−9 896 000
Tax	0	0	0	0
Net Income	8 830 000	440 000	2 169 000	−9 896 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 213 000	39 719 000	42 074 000	39 034 000
Total Current Assets	14 839 000	3 260 000	8 547 000	11 755 000
Total Assets	52 053 000	42 979 000	50 620 000	50 789 000
Total Retained Equity	20 182 000	18 852 000	21 612 000	20 044 000
Total Equity	38 320 000	36 990 000	39 751 000	38 182 000
Total Long-Term Debt	0	0	0	5 585 000
Total Current Debt	13 732 000	5 988 000	10 870 000	7 022 000
Total Equity and Debt	52 053 000	42 979 000	50 620 000	50 789 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	354 000	547 000	304 000	72 000
Other Income	0	0	0	0
Revenue	354 000	547 000	304 000	72 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 020 000	1 983 000	1 944 000	3 015 000
Depreciation	0	2 000	4 000	4 000
Impairment	−1 749 000	0	0	0
Expenditure	849 000	2 440 000	2 572 000	4 479 000
Operating Profit	−495 000	−1 893 000	−2 268 000	−4 407 000
Financial Income	9 194 000	2 333 000	3 616 000	899 000
Financial Costs	−131 000	0	−822 000	6 388 000
Financial Balance	9 325 000	2 333 000	4 438 000	−5 489 000
Dividends	6 000 000	0	0	0
Net Income	8 830 000	440 000	2 169 000	−9 896 000

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	2 000	6 000
Total Tangible Assets	0	0	2 000	6 000
Total Fiancial Fixed Assets	37 213 000	39 719 000	42 072 000	39 028 000
Total Fixed Assets	37 213 000	39 719 000	42 074 000	39 034 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 462 000	1 485 000	5 780 000	11 629 000
Total Current Assets	14 839 000	3 260 000	8 547 000	11 755 000
Total Assets	52 053 000	42 979 000	50 620 000	50 789 000
Total Equity	38 320 000	36 990 000	39 751 000	38 182 000
Short-Term Group Debt	7 291 000	2 620 000	2 977 000	650 000
Total Long-Term Debt	0	0	0	5 585 000
Creditors	180 000	10 000	68 000	30 000
Unpaid Taxes	128 000	217 000	144 000	172 000
Dividends	6 000 000	0	0	0
Other Current Debt	6 134 000	3 141 000	7 680 000	6 170 000
Total Current Debt	13 732 000	5 988 000	10 870 000	7 022 000
Total Equity and Debt	52 053 000	42 979 000	50 620 000	50 789 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,04 %	1,19 %	5,46 %	−25,92 %
Debt-to-Equity Ratio	0	0	0	0,15
Operating Profit Margin	−139,83 %	−346,07 %	−746,05 %	−6 120,83 %
Current Ratio	1,08	0,54	0,79	1,67
Quick Ratio	1,08	0,54	0,79	1,67
Equity Ratio	0,74	0,86	0,79	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %