SEA-WAY LOGISTICS AS

6512 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

−111,72 %

Current Ratio

0,44

Debt-to-Equity Ratio

−3,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 993 000	5 407 000	3 673 000	2 372 000
Net Income	467 000	193 000	154 000	−429 000
Total Assets	1 774 000	2 026 000	1 756 000	1 789 000
Total Equity	−418 000	−885 000	−1 077 000	−1 231 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 993 000	5 407 000	3 673 000	2 372 000
Expenditure	3 528 000	5 218 000	3 501 000	2 800 000
Operating Profit	465 000	188 000	172 000	−428 000
Financial Income	8 000	6 000	0	0
Financial Costs	6 000	2 000	18 000	1 000
Financial Balance	2 000	4 000	−18 000	−1 000
Earnings Before Tax	467 000	193 000	154 000	−429 000
Tax	0	0	0	0
Net Income	467 000	193 000	154 000	−429 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 364 000	1 364 000	1 364 000	1 393 000
Total Current Assets	410 000	662 000	392 000	396 000
Total Assets	1 774 000	2 026 000	1 756 000	1 789 000
Total Retained Equity	−914 000	−1 380 000	−1 573 000	−1 726 000
Total Equity	−418 000	−885 000	−1 077 000	−1 231 000
Total Long-Term Debt	1 264 000	1 264 000	1 364 000	1 364 000
Total Current Debt	928 000	1 647 000	1 469 000	1 656 000
Total Equity and Debt	1 774 000	2 026 000	1 756 000	1 789 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 993 000	5 407 000	3 673 000	2 372 000
Other Income	0	0	0	0
Revenue	3 993 000	5 407 000	3 673 000	2 372 000
Cost of Goods Sold	2 445 000	4 100 000	2 473 000	1 712 000
Salary Costs	891 000	858 000	820 000	857 000
Depreciation	0	0	29 000	31 000
Impairment	0	0	0	0
Expenditure	3 528 000	5 218 000	3 501 000	2 800 000
Operating Profit	465 000	188 000	172 000	−428 000
Financial Income	8 000	6 000	0	0
Financial Costs	6 000	2 000	18 000	1 000
Financial Balance	2 000	4 000	−18 000	−1 000
Dividends	0	0	0	0
Net Income	467 000	193 000	154 000	−429 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 364 000	1 364 000	1 364 000	1 364 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	29 000
Total Tangible Assets	1 364 000	1 364 000	1 364 000	1 393 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 364 000	1 364 000	1 364 000	1 393 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	116 000	97 000	13 000	88 000
Total Current Assets	410 000	662 000	392 000	396 000
Total Assets	1 774 000	2 026 000	1 756 000	1 789 000
Total Equity	−418 000	−885 000	−1 077 000	−1 231 000
Short-Term Group Debt	666 000	1 090 000	0	0
Total Long-Term Debt	1 264 000	1 264 000	1 364 000	1 364 000
Creditors	83 000	385 000	203 000	469 000
Unpaid Taxes	98 000	93 000	98 000	73 000
Dividends	0	0	0	0
Other Current Debt	82 000	78 000	1 168 000	1 114 000
Total Current Debt	928 000	1 647 000	1 469 000	1 656 000
Total Equity and Debt	1 774 000	2 026 000	1 756 000	1 789 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−111,72 %	−21,81 %	−14,3 %	34,85 %
Debt-to-Equity Ratio	−3,02	−1,43	−1,27	−1,11
Operating Profit Margin	11,65 %	3,48 %	4,68 %	−18,04 %
Current Ratio	0,44	0,4	0,27	0,24
Quick Ratio	0,44	0,4	0,27	0,24
Equity Ratio	−0,24	−0,44	−0,61	−0,69
Gross Profit Margin	38,77 %	24,17 %	32,67 %	27,82 %