SEAWORKS KABEL AS

9408 HARSTAD

Finances

Share Ownership

Return on Equity

15,28 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	117 489 000	64 476 000	100 006 000	83 213 000
Net Income	15 827 000	6 687 000	16 036 000	8 607 000
Total Assets	213 014 000	66 142 000	50 223 000	62 102 000
Total Equity	103 596 000	35 519 000	28 851 000	20 816 000

Income (NOK)	2022	2021	2020	2019
Revenue	117 489 000	64 476 000	100 006 000	83 213 000
Expenditure	99 249 000	57 262 000	83 733 000	74 449 000
Operating Profit	18 240 000	7 214 000	16 274 000	8 764 000
Financial Income	132 000	69 000	93 000	205 000
Financial Costs	2 546 000	595 000	330 000	362 000
Financial Balance	−2 414 000	−526 000	−237 000	−157 000
Earnings Before Tax	15 827 000	6 687 000	16 037 000	8 607 000
Tax	0	0	1 000	0
Net Income	15 827 000	6 687 000	16 036 000	8 607 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	161 494 000	55 669 000	14 582 000	16 570 000
Total Current Assets	51 521 000	10 473 000	35 642 000	45 532 000
Total Assets	213 014 000	66 142 000	50 223 000	62 102 000
Total Retained Equity	50 724 000	34 897 000	28 229 000	20 194 000
Total Equity	103 596 000	35 519 000	28 851 000	20 816 000
Total Long-Term Debt	71 713 000	20 933 000	5 357 000	7 957 000
Total Current Debt	37 706 000	9 690 000	16 015 000	33 329 000
Total Equity and Debt	213 014 000	66 142 000	50 223 000	62 102 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	117 303 000	64 266 000	100 006 000	83 203 000
Other Income	186 000	210 000	0	10 000
Revenue	117 489 000	64 476 000	100 006 000	83 213 000
Cost of Goods Sold	8 072 000	14 639 000	35 536 000	26 620 000
Salary Costs	17 822 000	10 692 000	11 610 000	9 820 000
Depreciation	4 241 000	2 640 000	2 475 000	2 320 000
Impairment	0	0	0	0
Expenditure	99 249 000	57 262 000	83 733 000	74 449 000
Operating Profit	18 240 000	7 214 000	16 274 000	8 764 000
Financial Income	132 000	69 000	93 000	205 000
Financial Costs	2 546 000	595 000	330 000	362 000
Financial Balance	−2 414 000	−526 000	−237 000	−157 000
Dividends	0	0	8 000 000	5 000 000
Net Income	15 827 000	6 687 000	16 036 000	8 607 000

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	9 351 000	4 660 000	0	0
Fixtures	6 483 000	0	0	0
Total Tangible Assets	161 494 000	55 669 000	14 582 000	16 570 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	161 494 000	55 669 000	14 582 000	16 570 000
Stock	1 367 000	197 000	137 000	278 000
Total Investments	0	0	0	0
Cash, Bank	10 722 000	447 000	21 870 000	14 779 000
Total Current Assets	51 521 000	10 473 000	35 642 000	45 532 000
Total Assets	213 014 000	66 142 000	50 223 000	62 102 000
Total Equity	103 596 000	35 519 000	28 851 000	20 816 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	71 713 000	20 933 000	5 357 000	7 957 000
Creditors	22 117 000	9 478 000	4 948 000	28 100 000
Unpaid Taxes	0	200 000	3 047 000	38 000
Dividends	0	0	8 000 000	5 000 000
Other Current Debt	15 588 000	12 000	20 000	191 000
Total Current Debt	37 706 000	9 690 000	16 015 000	33 329 000
Total Equity and Debt	213 014 000	66 142 000	50 223 000	62 102 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,28 %	18,83 %	55,58 %	41,35 %
Debt-to-Equity Ratio	0,69	0,59	0,19	0,38
Operating Profit Margin	15,52 %	11,19 %	16,27 %	10,53 %
Current Ratio	1,37	1,08	2,23	1,37
Quick Ratio	1,42	1,1	2,24	1,38
Equity Ratio	0,49	0,54	0,57	0,34
Gross Profit Margin	93,13 %	77,3 %	64,47 %	68,01 %