SETH AS

1367 SNARØYA

Finances

Share Ownership

Return on Equity

1,43 %

Current Ratio

158,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	632 000	646 000	20 472 000	1 387 000
Net Income	125 000	183 000	14 596 000	1 823 000
Total Assets	8 795 000	8 686 000	8 869 000	13 596 000
Total Equity	8 754 000	8 629 000	8 446 000	−6 150 000

Income (NOK)	2022	2021	2020	2019
Revenue	632 000	646 000	20 472 000	1 387 000
Expenditure	470 000	411 000	339 000	747 000
Operating Profit	163 000	235 000	14 979 000	641 000
Financial Income	1 000	0	0	0
Financial Costs	2 000	0	0	1 000
Financial Balance	−1 000	0	0	−1 000
Earnings Before Tax	161 000	235 000	14 979 000	640 000
Tax	36 000	52 000	383 000	−1 184 000
Net Income	125 000	183 000	14 596 000	1 823 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 278 000	2 278 000	2 278 000	2 278 000
Total Current Assets	6 517 000	6 409 000	6 591 000	11 318 000
Total Assets	8 795 000	8 686 000	8 869 000	13 596 000
Total Retained Equity	7 854 000	7 729 000	7 546 000	−7 050 000
Total Equity	8 754 000	8 629 000	8 446 000	−6 150 000
Total Long-Term Debt	0	0	0	19 677 000
Total Current Debt	41 000	58 000	424 000	69 000
Total Equity and Debt	8 795 000	8 686 000	8 869 000	13 596 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	46 000
Other Income	632 000	646 000	20 472 000	1 342 000
Revenue	632 000	646 000	20 472 000	1 387 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	470 000	411 000	339 000	747 000
Operating Profit	163 000	235 000	14 979 000	641 000
Financial Income	1 000	0	0	0
Financial Costs	2 000	0	0	1 000
Financial Balance	−1 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	125 000	183 000	14 596 000	1 823 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 278 000	2 278 000	2 278 000	2 278 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 278 000	2 278 000	2 278 000	2 278 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 278 000	2 278 000	2 278 000	2 278 000
Stock	0	0	0	5 154 000
Total Investments	0	0	0	0
Cash, Bank	538 000	199 000	921 000	785 000
Total Current Assets	6 517 000	6 409 000	6 591 000	11 318 000
Total Assets	8 795 000	8 686 000	8 869 000	13 596 000
Total Equity	8 754 000	8 629 000	8 446 000	−6 150 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	19 677 000
Creditors	5 000	6 000	16 000	19 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	25 000	50 000
Total Current Debt	41 000	58 000	424 000	69 000
Total Equity and Debt	8 795 000	8 686 000	8 869 000	13 596 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,43 %	2,12 %	172,82 %	−29,64 %
Debt-to-Equity Ratio	0	0	0	−3,2
Operating Profit Margin	25,79 %	36,38 %	73,17 %	46,21 %
Current Ratio	158,95	110,5	15,54	164,03
Quick Ratio	158,95	110,5	15,54	−2,23
Equity Ratio	1	0,99	0,95	−0,45
Gross Profit Margin	100 %	100 %	100 %	100 %