ALFA SEA AS

4020 STAVANGER

Finances

Share Ownership

Return on Equity

−388,59 %

Current Ratio

0,29

Debt-to-Equity Ratio

23,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 756 000	4 030 000	4 100 000	4 507 000
Net Income	−715 000	970 000	435 000	1 603 000
Total Assets	7 583 000	2 802 000	2 291 000	3 296 000
Total Equity	184 000	899 000	429 000	494 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 756 000	4 030 000	4 100 000	4 507 000
Expenditure	3 426 000	2 781 000	3 535 000	2 447 000
Operating Profit	−670 000	1 249 000	565 000	2 059 000
Financial Income	0	0	0	1 000
Financial Costs	44 000	2 000	5 000	4 000
Financial Balance	−44 000	−2 000	−5 000	−3 000
Earnings Before Tax	−715 000	1 247 000	560 000	2 056 000
Tax	0	277 000	126 000	453 000
Net Income	−715 000	970 000	435 000	1 603 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 701 000	1 209 000	1 209 000	1 207 000
Total Current Assets	882 000	1 593 000	1 082 000	2 089 000
Total Assets	7 583 000	2 802 000	2 291 000	3 296 000
Total Retained Equity	154 000	869 000	399 000	464 000
Total Equity	184 000	899 000	429 000	494 000
Total Long-Term Debt	4 369 000	0	0	0
Total Current Debt	3 031 000	1 904 000	1 862 000	2 802 000
Total Equity and Debt	7 583 000	2 802 000	2 291 000	3 296 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 687 000	4 030 000	4 100 000	4 507 000
Other Income	69 000	0	0	0
Revenue	2 756 000	4 030 000	4 100 000	4 507 000
Cost of Goods Sold	6 000	0	0	2 000
Salary Costs	2 649 000	2 374 000	2 733 000	1 900 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 426 000	2 781 000	3 535 000	2 447 000
Operating Profit	−670 000	1 249 000	565 000	2 059 000
Financial Income	0	0	0	1 000
Financial Costs	44 000	2 000	5 000	4 000
Financial Balance	−44 000	−2 000	−5 000	−3 000
Dividends	0	500 000	500 000	1 200 000
Net Income	−715 000	970 000	435 000	1 603 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 701 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 701 000	0	0	0
Total Fiancial Fixed Assets	0	1 209 000	1 209 000	1 207 000
Total Fixed Assets	6 701 000	1 209 000	1 209 000	1 207 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	770 000	335 000	799 000	1 088 000
Total Current Assets	882 000	1 593 000	1 082 000	2 089 000
Total Assets	7 583 000	2 802 000	2 291 000	3 296 000
Total Equity	184 000	899 000	429 000	494 000
Short-Term Group Debt	2 442 000	315 000	630 000	430 000
Total Long-Term Debt	4 369 000	0	0	0
Creditors	8 000	8 000	1 000	1 000
Unpaid Taxes	322 000	537 000	366 000	644 000
Dividends	0	500 000	500 000	1 200 000
Other Current Debt	258 000	266 000	240 000	156 000
Total Current Debt	3 031 000	1 904 000	1 862 000	2 802 000
Total Equity and Debt	7 583 000	2 802 000	2 291 000	3 296 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−388,59 %	107,9 %	101,4 %	324,49 %
Debt-to-Equity Ratio	23,74	0	0	0
Operating Profit Margin	−24,31 %	30,99 %	13,78 %	45,68 %
Current Ratio	0,29	0,84	0,58	0,75
Quick Ratio	0,29	0,84	0,58	0,75
Equity Ratio	0,02	0,32	0,19	0,15
Gross Profit Margin	99,78 %	100 %	100 %	99,96 %