SEVEN SEAS TECHNOLOGY AS

4596 EIKEN

Finances

Share Ownership

Return on Equity

−220,37 %

Current Ratio

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	238 000	−8 000	−84 000	−134 000
Total Assets	0	46 000	46 000	52 000
Total Equity	−108 000	−346 000	−338 000	−254 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	−238 000	8 000	84 000	134 000
Operating Profit	238 000	−8 000	−84 000	−134 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	238 000	−8 000	−84 000	−134 000
Tax	0	0	0	0
Net Income	238 000	−8 000	−84 000	−134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	0	46 000	46 000	52 000
Total Assets	0	46 000	46 000	52 000
Total Retained Equity	−2 648 000	−2 886 000	−2 878 000	−2 794 000
Total Equity	−108 000	−346 000	−338 000	−254 000
Total Long-Term Debt	0	94 000	86 000	9 000
Total Current Debt	108 000	297 000	297 000	297 000
Total Equity and Debt	0	46 000	46 000	52 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	−252 000	0	0	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−238 000	8 000	84 000	134 000
Operating Profit	238 000	−8 000	−84 000	−134 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	238 000	−8 000	−84 000	−134 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	46 000	46 000	52 000
Total Current Assets	0	46 000	46 000	52 000
Total Assets	0	46 000	46 000	52 000
Total Equity	−108 000	−346 000	−338 000	−254 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	94 000	86 000	9 000
Creditors	0	0	0	0
Unpaid Taxes	0	76 000	76 000	76 000
Dividends	0	0	0	0
Other Current Debt	108 000	221 000	221 000	221 000
Total Current Debt	108 000	297 000	297 000	297 000
Total Equity and Debt	0	46 000	46 000	52 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−220,37 %	2,31 %	24,85 %	52,76 %
Debt-to-Equity Ratio	−0	−0,27	−0,25	−0,04
Operating Profit Margin	-	-	-	-
Current Ratio	0	0,15	0,15	0,18
Quick Ratio	0	0,15	0,15	0,18
Equity Ratio	-	−7,52	−7,35	−4,88
Gross Profit Margin	-	-	-	-