SEABASED NORWAY AS

3736 SKIEN

Finances

Share Ownership

Return on Equity

−252,21 %

Current Ratio

2,68

Debt-to-Equity Ratio

5,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 511 000	10 837 000	27 663 000	317 000
Net Income	−3 763 000	3 105 000	−1 605 000	−11 918 000
Total Assets	14 028 000	15 094 000	2 540 000	106 758 000
Total Equity	1 492 000	3 654 000	−14 450 000	−12 846 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 511 000	10 837 000	27 663 000	317 000
Expenditure	11 891 000	8 478 000	13 537 000	11 840 000
Operating Profit	−3 381 000	2 359 000	14 125 000	−11 523 000
Financial Income	221 000	1 059 000	316 000	8 000
Financial Costs	603 000	314 000	16 046 000	404 000
Financial Balance	−382 000	745 000	−15 730 000	−396 000
Earnings Before Tax	−3 763 000	3 105 000	−1 605 000	−11 918 000
Tax	0	0	0	0
Net Income	−3 763 000	3 105 000	−1 605 000	−11 918 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 228 000	2 183 000	110 000	105 687 000
Total Current Assets	10 799 000	12 911 000	2 430 000	1 071 000
Total Assets	14 028 000	15 094 000	2 540 000	106 758 000
Total Retained Equity	−3 763 000	−11 366 000	−14 470 000	−12 866 000
Total Equity	1 492 000	3 654 000	−14 450 000	−12 846 000
Total Long-Term Debt	8 509 000	6 773 000	2 400 000	108 623 000
Total Current Debt	4 027 000	4 666 000	14 591 000	10 981 000
Total Equity and Debt	14 028 000	15 094 000	2 540 000	106 758 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 511 000	1 939 000	175 000	0
Other Income	0	8 899 000	27 488 000	317 000
Revenue	8 511 000	10 837 000	27 663 000	317 000
Cost of Goods Sold	0	164 000	586 000	0
Salary Costs	87 000	92 000	483 000	1 771 000
Depreciation	0	0	0	582 000
Impairment	0	0	0	0
Expenditure	11 891 000	8 478 000	13 537 000	11 840 000
Operating Profit	−3 381 000	2 359 000	14 125 000	−11 523 000
Financial Income	221 000	1 059 000	316 000	8 000
Financial Costs	603 000	314 000	16 046 000	404 000
Financial Balance	−382 000	745 000	−15 730 000	−396 000
Dividends	0	0	0	0
Net Income	−3 763 000	3 105 000	−1 605 000	−11 918 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	105 640 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 228 000	2 183 000	110 000	47 000
Total Fixed Assets	3 228 000	2 183 000	110 000	105 687 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 262 000	122 000	683 000	743 000
Total Current Assets	10 799 000	12 911 000	2 430 000	1 071 000
Total Assets	14 028 000	15 094 000	2 540 000	106 758 000
Total Equity	1 492 000	3 654 000	−14 450 000	−12 846 000
Short-Term Group Debt	0	0	10 319 000	9 999 000
Total Long-Term Debt	8 509 000	6 773 000	2 400 000	108 623 000
Creditors	1 725 000	3 929 000	1 917 000	266 000
Unpaid Taxes	0	0	0	264 000
Dividends	0	0	0	0
Other Current Debt	2 302 000	737 000	2 355 000	453 000
Total Current Debt	4 027 000	4 666 000	14 591 000	10 981 000
Total Equity and Debt	14 028 000	15 094 000	2 540 000	106 758 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−252,21 %	84,98 %	11,11 %	92,78 %
Debt-to-Equity Ratio	5,7	1,85	−0,17	−8,46
Operating Profit Margin	−39,73 %	21,77 %	51,06 %	−3 635,02 %
Current Ratio	2,68	2,77	0,17	0,1
Quick Ratio	2,68	2,77	0,17	0,1
Equity Ratio	0,11	0,24	−5,69	−0,12
Gross Profit Margin	100 %	98,49 %	97,88 %	100 %