SEAPROD AS

4373 EGERSUND

Finances

Share Ownership

Return on Equity

164,1 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 073 000	630 000	260 000	602 000
Net Income	576 000	87 000	138 000	149 000
Total Assets	1 028 000	498 000	459 000	551 000
Total Equity	351 000	87 000	189 000	201 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 073 000	630 000	260 000	602 000
Expenditure	339 000	465 000	78 000	408 000
Operating Profit	735 000	165 000	183 000	195 000
Financial Income	0	0	0	0
Financial Costs	9 000	7 000	4 000	3 000
Financial Balance	−9 000	−7 000	−4 000	−3 000
Earnings Before Tax	726 000	158 000	179 000	192 000
Tax	150 000	71 000	41 000	43 000
Net Income	576 000	87 000	138 000	149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	103 000	129 000	250 000	235 000
Total Current Assets	925 000	369 000	209 000	315 000
Total Assets	1 028 000	498 000	459 000	551 000
Total Retained Equity	321 000	57 000	159 000	171 000
Total Equity	351 000	87 000	189 000	201 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	677 000	411 000	269 000	349 000
Total Equity and Debt	1 028 000	498 000	459 000	551 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	996 000	580 000	167 000	602 000
Other Income	77 000	50 000	93 000	0
Revenue	1 073 000	630 000	260 000	602 000
Cost of Goods Sold	81 000	57 000	23 000	140 000
Salary Costs	51 000	71 000	26 000	0
Depreciation	44 000	65 000	65 000	61 000
Impairment	0	0	0	0
Expenditure	339 000	465 000	78 000	408 000
Operating Profit	735 000	165 000	183 000	195 000
Financial Income	0	0	0	0
Financial Costs	9 000	7 000	4 000	3 000
Financial Balance	−9 000	−7 000	−4 000	−3 000
Dividends	0	0	0	0
Net Income	576 000	87 000	138 000	149 000

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	11 000	30 000	99 000	26 000
Fixtures	28 000	42 000	94 000	147 000
Total Tangible Assets	39 000	72 000	193 000	173 000
Total Fiancial Fixed Assets	64 000	57 000	57 000	63 000
Total Fixed Assets	103 000	129 000	250 000	235 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	361 000	231 000	98 000	59 000
Total Current Assets	925 000	369 000	209 000	315 000
Total Assets	1 028 000	498 000	459 000	551 000
Total Equity	351 000	87 000	189 000	201 000
Short-Term Group Debt	400 000	339 000	141 000	109 000
Total Long-Term Debt	0	0	0	1 000
Creditors	106 000	24 000	109 000	33 000
Unpaid Taxes	101 000	38 000	16 000	61 000
Dividends	0	0	0	0
Other Current Debt	8 000	−8 000	3 000	100 000
Total Current Debt	677 000	411 000	269 000	349 000
Total Equity and Debt	1 028 000	498 000	459 000	551 000

Financial indicators	2022	2021	2020	2019
Return on Equity	164,1 %	100 %	73,02 %	74,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	68,5 %	26,19 %	70,38 %	32,39 %
Current Ratio	1,37	0,9	0,78	0,9
Quick Ratio	1,37	0,9	0,78	0,9
Equity Ratio	0,34	0,17	0,41	0,36
Gross Profit Margin	92,45 %	90,95 %	91,15 %	76,74 %