SEAFOREST AS

6270 BRATTVÅG

Finances

Return on Equity

8 390,91 %

Current Ratio

0,49

Debt-to-Equity Ratio

−36,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	677 000	467 000	0	0
Net Income	−923 000	−89 000	−38 000	−8 000
Total Assets	655 000	1 112 000	95 000	14 000
Total Equity	−11 000	492 000	−14 000	−21 000

Income (NOK)	2022	2021	2020	2019
Revenue	677 000	467 000	0	0
Expenditure	1 564 000	520 000	48 000	10 000
Operating Profit	−886 000	−53 000	−49 000	−10 000
Financial Income	0	0	0	0
Financial Costs	37 000	11 000	0	0
Financial Balance	−37 000	−11 000	0	0
Earnings Before Tax	−923 000	−64 000	−49 000	−10 000
Tax	0	25 000	−11 000	−2 000
Net Income	−923 000	−89 000	−38 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	524 000	578 000	50 000	14 000
Total Current Assets	131 000	533 000	45 000	0
Total Assets	655 000	1 112 000	95 000	14 000
Total Retained Equity	−1 095 000	−172 000	−83 000	−45 000
Total Equity	−11 000	492 000	−14 000	−21 000
Total Long-Term Debt	400 000	500 000	0	0
Total Current Debt	266 000	119 000	109 000	35 000
Total Equity and Debt	655 000	1 112 000	95 000	14 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	295 000	117 000	0	0
Other Income	382 000	350 000	0	0
Revenue	677 000	467 000	0	0
Cost of Goods Sold	583 000	344 000	2 000	0
Salary Costs	336 000	13 000	0	0
Depreciation	74 000	17 000	1 000	0
Impairment	0	0	0	0
Expenditure	1 564 000	520 000	48 000	10 000
Operating Profit	−886 000	−53 000	−49 000	−10 000
Financial Income	0	0	0	0
Financial Costs	37 000	11 000	0	0
Financial Balance	−37 000	−11 000	0	0
Dividends	0	0	0	0
Net Income	−923 000	−89 000	−38 000	−8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	25 000	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	213 000	251 000	25 000	0
Fixtures	0	0	0	0
Total Tangible Assets	514 000	568 000	25 000	0
Total Fiancial Fixed Assets	10 000	10 000	0	0
Total Fixed Assets	524 000	578 000	50 000	14 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	51 000	356 000	45 000	0
Total Current Assets	131 000	533 000	45 000	0
Total Assets	655 000	1 112 000	95 000	14 000
Total Equity	−11 000	492 000	−14 000	−21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	400 000	500 000	0	0
Creditors	225 000	111 000	58 000	0
Unpaid Taxes	0	5 000	0	0
Dividends	0	0	0	0
Other Current Debt	40 000	4 000	51 000	35 000
Total Current Debt	266 000	119 000	109 000	35 000
Total Equity and Debt	655 000	1 112 000	95 000	14 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8 390,91 %	−18,09 %	271,43 %	38,1 %
Debt-to-Equity Ratio	−36,36	1,02	−0	−0
Operating Profit Margin	−130,87 %	−11,35 %	-	-
Current Ratio	0,49	4,48	0,41	0
Quick Ratio	0,49	4,48	0,41	0
Equity Ratio	−0,02	0,44	−0,15	−1,5
Gross Profit Margin	13,88 %	26,34 %	-	-