SEASCAN AS

7654 VERDAL

Finances

Share Ownership

Return on Equity

33,83 %

Current Ratio

2,47

Debt-to-Equity Ratio

0,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 932 000	3 861 000	3 025 000	3 443 000
Net Income	744 000	722 000	365 000	129 000
Total Assets	4 633 000	4 292 000	1 795 000	4 093 000
Total Equity	2 199 000	1 605 000	1 032 000	968 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 932 000	3 861 000	3 025 000	3 443 000
Expenditure	3 901 000	2 911 000	2 567 000	3 314 000
Operating Profit	1 031 000	951 000	459 000	129 000
Financial Income	5 000	4 000	9 000	37 000
Financial Costs	82 000	30 000	0	1 000
Financial Balance	−77 000	−26 000	9 000	36 000
Earnings Before Tax	954 000	926 000	468 000	165 000
Tax	210 000	204 000	103 000	36 000
Net Income	744 000	722 000	365 000	129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 488 000	2 271 000	768 000	265 000
Total Current Assets	2 146 000	2 021 000	1 028 000	3 828 000
Total Assets	4 633 000	4 292 000	1 795 000	4 093 000
Total Retained Equity	1 169 000	575 000	2 000	−62 000
Total Equity	2 199 000	1 605 000	1 032 000	968 000
Total Long-Term Debt	1 564 000	1 750 000	31 000	0
Total Current Debt	870 000	937 000	732 000	3 126 000
Total Equity and Debt	4 633 000	4 292 000	1 795 000	4 093 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 932 000	3 861 000	2 635 000	3 443 000
Other Income	0	0	390 000	0
Revenue	4 932 000	3 861 000	3 025 000	3 443 000
Cost of Goods Sold	396 000	431 000	87 000	425 000
Salary Costs	1 249 000	881 000	1 444 000	1 627 000
Depreciation	575 000	468 000	109 000	99 000
Impairment	0	0	0	0
Expenditure	3 901 000	2 911 000	2 567 000	3 314 000
Operating Profit	1 031 000	951 000	459 000	129 000
Financial Income	5 000	4 000	9 000	37 000
Financial Costs	82 000	30 000	0	1 000
Financial Balance	−77 000	−26 000	9 000	36 000
Dividends	150 000	150 000	300 000	0
Net Income	744 000	722 000	365 000	129 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	42 000
Real Eastate	61 000	61 000	61 000	61 000
Machinery and Plant Facilities	2 284 000	1 921 000	379 000	128 000
Fixtures	0	0	0	0
Total Tangible Assets	2 345 000	1 982 000	441 000	190 000
Total Fiancial Fixed Assets	142 000	289 000	327 000	33 000
Total Fixed Assets	2 488 000	2 271 000	768 000	265 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	866 000	954 000	503 000	3 227 000
Total Current Assets	2 146 000	2 021 000	1 028 000	3 828 000
Total Assets	4 633 000	4 292 000	1 795 000	4 093 000
Total Equity	2 199 000	1 605 000	1 032 000	968 000
Short-Term Group Debt	0	0	0	2 408 000
Total Long-Term Debt	1 564 000	1 750 000	31 000	0
Creditors	91 000	223 000	78 000	265 000
Unpaid Taxes	290 000	268 000	154 000	237 000
Dividends	150 000	150 000	300 000	0
Other Current Debt	123 000	86 000	171 000	173 000
Total Current Debt	870 000	937 000	732 000	3 126 000
Total Equity and Debt	4 633 000	4 292 000	1 795 000	4 093 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,83 %	44,98 %	35,37 %	13,33 %
Debt-to-Equity Ratio	0,71	1,09	0,03	0
Operating Profit Margin	20,9 %	24,63 %	15,17 %	3,75 %
Current Ratio	2,47	2,16	1,4	1,22
Quick Ratio	2,47	2,16	1,4	1,22
Equity Ratio	0,47	0,37	0,57	0,24
Gross Profit Margin	91,97 %	88,84 %	97,12 %	87,66 %