SHELLSEA AS

8800 SANDNESSJØEN

Finances

Return on Equity

0 %

Current Ratio

0,02

Debt-to-Equity Ratio

0,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	−7 000	20 000	−222 000	12 102 000
Net Income	0	12 000	−213 000	4 977 000
Total Assets	2 240 000	2 182 000	2 161 000	2 406 000
Total Equity	922 000	922 000	910 000	1 123 000

Income (NOK)	2022	2021	2020	2019
Revenue	−7 000	20 000	−222 000	12 102 000
Expenditure	7 000	43 000	80 000	5 228 000
Operating Profit	−14 000	−23 000	−302 000	6 874 000
Financial Income	58 000	48 000	33 000	5 000
Financial Costs	39 000	8 000	5 000	441 000
Financial Balance	19 000	40 000	28 000	−436 000
Earnings Before Tax	5 000	16 000	−273 000	6 438 000
Tax	4 000	4 000	−60 000	1 461 000
Net Income	0	12 000	−213 000	4 977 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 229 000	2 158 000	2 098 000	1 124 000
Total Current Assets	11 000	24 000	63 000	1 282 000
Total Assets	2 240 000	2 182 000	2 161 000	2 406 000
Total Retained Equity	692 000	692 000	680 000	893 000
Total Equity	922 000	922 000	910 000	1 123 000
Total Long-Term Debt	727 000	917 000	994 000	1 054 000
Total Current Debt	591 000	343 000	258 000	230 000
Total Equity and Debt	2 240 000	2 182 000	2 161 000	2 406 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−7 000	0	18 000	3 007 000
Other Income	0	20 000	−240 000	9 095 000
Revenue	−7 000	20 000	−222 000	12 102 000
Cost of Goods Sold	0	0	0	87 000
Salary Costs	0	−10 000	−22 000	1 897 000
Depreciation	7 000	19 000	19 000	646 000
Impairment	0	0	0	0
Expenditure	7 000	43 000	80 000	5 228 000
Operating Profit	−14 000	−23 000	−302 000	6 874 000
Financial Income	58 000	48 000	33 000	5 000
Financial Costs	39 000	8 000	5 000	441 000
Financial Balance	19 000	40 000	28 000	−436 000
Dividends	0	0	0	2 800 000
Net Income	0	12 000	−213 000	4 977 000

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	28 000	0	19 000	38 000
Fixtures	0	0	0	0
Total Tangible Assets	28 000	0	19 000	38 000
Total Fiancial Fixed Assets	2 201 000	2 158 000	2 079 000	1 087 000
Total Fixed Assets	2 229 000	2 158 000	2 098 000	1 124 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	12 000	6 000	600 000
Total Current Assets	11 000	24 000	63 000	1 282 000
Total Assets	2 240 000	2 182 000	2 161 000	2 406 000
Total Equity	922 000	922 000	910 000	1 123 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	727 000	917 000	994 000	1 054 000
Creditors	6 000	15 000	0	199 000
Unpaid Taxes	1 000	1 000	1 000	2 000
Dividends	0	0	0	2 800 000
Other Current Debt	389 000	246 000	257 000	29 000
Total Current Debt	591 000	343 000	258 000	230 000
Total Equity and Debt	2 240 000	2 182 000	2 161 000	2 406 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0 %	1,3 %	−23,41 %	443,19 %
Debt-to-Equity Ratio	0,79	0,99	1,09	0,94
Operating Profit Margin	200 %	−115 %	136,04 %	56,8 %
Current Ratio	0,02	0,07	0,24	5,57
Quick Ratio	0,02	0,07	0,24	5,57
Equity Ratio	0,41	0,42	0,42	0,47
Gross Profit Margin	100 %	100 %	100 %	99,28 %