SEA KING NORWAY AS

1610 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

101,7 %

Current Ratio

0,41

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 000	0	449 000	54 000
Net Income	−179 000	−163 000	−470 000	−35 000
Total Assets	515 000	650 000	1 709 000	1 137 000
Total Equity	−176 000	2 000	165 000	124 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 000	0	449 000	54 000
Expenditure	181 000	182 000	1 051 000	99 000
Operating Profit	−179 000	−182 000	−602 000	−44 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	0
Earnings Before Tax	−179 000	−182 000	−602 000	−44 000
Tax	0	−19 000	−132 000	−9 000
Net Income	−179 000	−163 000	−470 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	234 000	375 000	515 000	518 000
Total Current Assets	281 000	275 000	1 194 000	619 000
Total Assets	515 000	650 000	1 709 000	1 137 000
Total Retained Equity	−846 000	−667 000	−504 000	−35 000
Total Equity	−176 000	2 000	165 000	124 000
Total Long-Term Debt	0	0	45 000	27 000
Total Current Debt	691 000	648 000	1 498 000	986 000
Total Equity and Debt	515 000	650 000	1 709 000	1 137 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 000	0	449 000	54 000
Other Income	0	0	0	0
Revenue	1 000	0	449 000	54 000
Cost of Goods Sold	12 000	27 000	476 000	0
Salary Costs	0	−8 000	381 000	0
Depreciation	141 000	141 000	141 000	47 000
Impairment	0	0	0	0
Expenditure	181 000	182 000	1 051 000	99 000
Operating Profit	−179 000	−182 000	−602 000	−44 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−179 000	−163 000	−470 000	−35 000

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	234 000	375 000	515 000	518 000
Total Tangible Assets	234 000	375 000	515 000	518 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	234 000	375 000	515 000	518 000
Stock	271 000	271 000	271 000	353 000
Total Investments	0	0	0	0
Cash, Bank	0	3 000	65 000	8 000
Total Current Assets	281 000	275 000	1 194 000	619 000
Total Assets	515 000	650 000	1 709 000	1 137 000
Total Equity	−176 000	2 000	165 000	124 000
Short-Term Group Debt	586 000	513 000	1 307 000	0
Total Long-Term Debt	0	0	45 000	27 000
Creditors	0	23 000	13 000	26 000
Unpaid Taxes	0	4 000	14 000	15 000
Dividends	0	0	0	0
Other Current Debt	106 000	108 000	145 000	945 000
Total Current Debt	691 000	648 000	1 498 000	986 000
Total Equity and Debt	515 000	650 000	1 709 000	1 137 000

Financial indicators	2022	2021	2020	2019
Return on Equity	101,7 %	−8 150 %	−284,85 %	−28,23 %
Debt-to-Equity Ratio	−0	0	0,27	0,22
Operating Profit Margin	−17 900 %	-	−134,08 %	−81,48 %
Current Ratio	0,41	0,42	0,8	0,63
Quick Ratio	0,67	0,73	0,97	0,98
Equity Ratio	−0,34	0	0,1	0,11
Gross Profit Margin	−1 100 %	-	−6,01 %	100 %