SEALTECH AS

1658 TORP

Finances

Share Ownership

Return on Equity

92,78 %

Current Ratio

1,57

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 188 000	441 000	854 000	1 035 000
Net Income	488 000	−41 000	103 000	141 000
Total Assets	1 460 000	308 000	472 000	314 000
Total Equity	526 000	283 000	323 000	220 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 188 000	441 000	854 000	1 035 000
Expenditure	1 577 000	471 000	716 000	840 000
Operating Profit	610 000	−29 000	138 000	195 000
Financial Income	0	0	0	0
Financial Costs	5 000	12 000	6 000	6 000
Financial Balance	−5 000	−12 000	−6 000	−6 000
Earnings Before Tax	606 000	−41 000	132 000	190 000
Tax	118 000	0	29 000	48 000
Net Income	488 000	−41 000	103 000	141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	224 000	21 000
Total Current Assets	1 460 000	308 000	248 000	293 000
Total Assets	1 460 000	308 000	472 000	314 000
Total Retained Equity	496 000	253 000	293 000	190 000
Total Equity	526 000	283 000	323 000	220 000
Total Long-Term Debt	3 000	8 000	0	0
Total Current Debt	931 000	17 000	148 000	94 000
Total Equity and Debt	1 460 000	308 000	472 000	314 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 188 000	408 000	854 000	1 035 000
Other Income	0	33 000	0	0
Revenue	2 188 000	441 000	854 000	1 035 000
Cost of Goods Sold	379 000	129 000	339 000	240 000
Salary Costs	560 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 577 000	471 000	716 000	840 000
Operating Profit	610 000	−29 000	138 000	195 000
Financial Income	0	0	0	0
Financial Costs	5 000	12 000	6 000	6 000
Financial Balance	−5 000	−12 000	−6 000	−6 000
Dividends	244 000	0	0	0
Net Income	488 000	−41 000	103 000	141 000

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	224 000	21 000
Total Fixed Assets	0	0	224 000	21 000
Stock	88 000	20 000	0	0
Total Investments	0	0	0	0
Cash, Bank	489 000	99 000	19 000	146 000
Total Current Assets	1 460 000	308 000	248 000	293 000
Total Assets	1 460 000	308 000	472 000	314 000
Total Equity	526 000	283 000	323 000	220 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	8 000	0	0
Creditors	222 000	17 000	112 000	31 000
Unpaid Taxes	48 000	0	7 000	0
Dividends	244 000	0	0	0
Other Current Debt	299 000	0	0	0
Total Current Debt	931 000	17 000	148 000	94 000
Total Equity and Debt	1 460 000	308 000	472 000	314 000

Financial indicators	2022	2021	2020	2019
Return on Equity	92,78 %	−14,49 %	31,89 %	64,09 %
Debt-to-Equity Ratio	0,01	0,03	0	0
Operating Profit Margin	27,88 %	−6,58 %	16,16 %	18,84 %
Current Ratio	1,57	18,12	1,68	3,12
Quick Ratio	1,73	−102,67	1,68	3,12
Equity Ratio	0,36	0,92	0,68	0,7
Gross Profit Margin	82,68 %	70,75 %	60,3 %	76,81 %