SEELUTION AS

6091 FOSNAVÅG

Finances

Return on Equity

19,31 %

Current Ratio

2,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 957 000	1 828 000	0	0
Net Income	320 000	915 000	268 000	287 000
Total Assets	2 322 000	1 822 000	1 269 000	1 002 000
Total Equity	1 657 000	1 336 000	871 000	603 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 957 000	1 828 000	0	0
Expenditure	2 538 000	1 343 000	7 000	13 000
Operating Profit	419 000	485 000	−7 000	−13 000
Financial Income	6 000	538 000	275 000	299 000
Financial Costs	14 000	1 000	0	0
Financial Balance	−8 000	537 000	275 000	299 000
Earnings Before Tax	411 000	1 022 000	268 000	286 000
Tax	90 000	107 000	0	−1 000
Net Income	320 000	915 000	268 000	287 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	404 000	134 000	947 000	947 000
Total Current Assets	1 918 000	1 688 000	323 000	55 000
Total Assets	2 322 000	1 822 000	1 269 000	1 002 000
Total Retained Equity	1 491 000	1 170 000	705 000	437 000
Total Equity	1 657 000	1 336 000	871 000	603 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	664 000	486 000	398 000	398 000
Total Equity and Debt	2 322 000	1 822 000	1 269 000	1 002 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 957 000	1 828 000	0	0
Other Income	0	0	0	0
Revenue	2 957 000	1 828 000	0	0
Cost of Goods Sold	912 000	87 000	0	0
Salary Costs	1 364 000	1 095 000	0	0
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 538 000	1 343 000	7 000	13 000
Operating Profit	419 000	485 000	−7 000	−13 000
Financial Income	6 000	538 000	275 000	299 000
Financial Costs	14 000	1 000	0	0
Financial Balance	−8 000	537 000	275 000	299 000
Dividends	0	0	0	0
Net Income	320 000	915 000	268 000	287 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	4 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	25 000	0	0	0
Total Tangible Assets	25 000	0	0	0
Total Fiancial Fixed Assets	379 000	134 000	943 000	943 000
Total Fixed Assets	404 000	134 000	947 000	947 000
Stock	284 000	0	0	0
Total Investments	0	25 000	0	0
Cash, Bank	1 409 000	1 370 000	323 000	55 000
Total Current Assets	1 918 000	1 688 000	323 000	55 000
Total Assets	2 322 000	1 822 000	1 269 000	1 002 000
Total Equity	1 657 000	1 336 000	871 000	603 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	62 000	94 000	0	0
Unpaid Taxes	394 000	193 000	0	0
Dividends	0	0	0	0
Other Current Debt	118 000	96 000	398 000	398 000
Total Current Debt	664 000	486 000	398 000	398 000
Total Equity and Debt	2 322 000	1 822 000	1 269 000	1 002 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,31 %	68,49 %	30,77 %	47,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,17 %	26,53 %	-	-
Current Ratio	2,89	3,47	0,81	0,14
Quick Ratio	5,05	3,47	0,81	0,14
Equity Ratio	0,71	0,73	0,69	0,6
Gross Profit Margin	69,16 %	95,24 %	-	-