E-SEA SOLUTIONS AS

2614 LILLEHAMMER

Finances

Share Ownership

Return on Equity

6,7 %

Current Ratio

12,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	444 000	429 000	550 000	64 000
Net Income	26 000	63 000	49 000	−538 000
Total Assets	422 000	446 000	335 000	274 000
Total Equity	388 000	362 000	282 000	219 000

Income (NOK)	2022	2021	2020	2019
Revenue	444 000	429 000	550 000	64 000
Expenditure	418 000	348 000	487 000	602 000
Operating Profit	26 000	81 000	63 000	−538 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	26 000	81 000	63 000	−538 000
Tax	0	18 000	14 000	0
Net Income	26 000	63 000	49 000	−538 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	422 000	446 000	335 000	274 000
Total Assets	422 000	446 000	335 000	274 000
Total Retained Equity	325 000	299 000	218 000	155 000
Total Equity	388 000	362 000	282 000	219 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	33 000	83 000	54 000	56 000
Total Equity and Debt	422 000	446 000	335 000	274 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	442 000	429 000	550 000	64 000
Other Income	2 000	0	0	0
Revenue	444 000	429 000	550 000	64 000
Cost of Goods Sold	0	0	0	0
Salary Costs	120 000	159 000	349 000	346 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	418 000	348 000	487 000	602 000
Operating Profit	26 000	81 000	63 000	−538 000
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	26 000	63 000	49 000	−538 000

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	152 000	163 000	334 000	256 000
Total Current Assets	422 000	446 000	335 000	274 000
Total Assets	422 000	446 000	335 000	274 000
Total Equity	388 000	362 000	282 000	219 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	24 000	39 000	26 000	28 000
Dividends	0	0	0	0
Other Current Debt	9 000	44 000	28 000	28 000
Total Current Debt	33 000	83 000	54 000	56 000
Total Equity and Debt	422 000	446 000	335 000	274 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,7 %	17,4 %	17,38 %	−245,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,86 %	18,88 %	11,45 %	−840,63 %
Current Ratio	12,79	5,37	6,2	4,89
Quick Ratio	12,79	5,37	6,2	4,89
Equity Ratio	0,92	0,81	0,84	0,8
Gross Profit Margin	100 %	100 %	100 %	100 %