GREEN SEA SERVICE AS

4618 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

16,36 %

Current Ratio

3,24

Debt-to-Equity Ratio

2,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 996 000	18 046 000	18 671 000	3 344 000
Net Income	2 321 000	3 398 000	3 404 000	1 030 000
Total Assets	45 899 000	42 454 000	43 055 000	54 699 000
Total Equity	14 184 000	11 863 000	8 464 000	5 060 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 996 000	18 046 000	18 671 000	3 344 000
Expenditure	14 780 000	12 612 000	12 864 000	1 661 000
Operating Profit	4 217 000	5 433 000	5 808 000	1 683 000
Financial Income	12 000	10 000	33 000	0
Financial Costs	1 253 000	1 086 000	1 476 000	363 000
Financial Balance	−1 241 000	−1 076 000	−1 443 000	−363 000
Earnings Before Tax	2 976 000	4 357 000	4 365 000	1 320 000
Tax	655 000	959 000	960 000	290 000
Net Income	2 321 000	3 398 000	3 404 000	1 030 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 228 000	35 861 000	38 630 000	41 304 000
Total Current Assets	6 671 000	6 593 000	4 425 000	13 395 000
Total Assets	45 899 000	42 454 000	43 055 000	54 699 000
Total Retained Equity	10 154 000	7 833 000	4 434 000	1 030 000
Total Equity	14 184 000	11 863 000	8 464 000	5 060 000
Total Long-Term Debt	29 659 000	28 888 000	33 730 000	38 343 000
Total Current Debt	2 056 000	1 704 000	861 000	11 296 000
Total Equity and Debt	45 899 000	42 454 000	43 055 000	54 699 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 996 000	18 046 000	18 650 000	3 344 000
Other Income	0	0	21 000	0
Revenue	18 996 000	18 046 000	18 671 000	3 344 000
Cost of Goods Sold	305 000	102 000	11 000	0
Salary Costs	6 458 000	5 159 000	5 511 000	537 000
Depreciation	3 021 000	2 824 000	2 808 000	700 000
Impairment	0	0	0	0
Expenditure	14 780 000	12 612 000	12 864 000	1 661 000
Operating Profit	4 217 000	5 433 000	5 808 000	1 683 000
Financial Income	12 000	10 000	33 000	0
Financial Costs	1 253 000	1 086 000	1 476 000	363 000
Financial Balance	−1 241 000	−1 076 000	−1 443 000	−363 000
Dividends	0	0	0	0
Net Income	2 321 000	3 398 000	3 404 000	1 030 000

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	408 000	44 000	0	0
Fixtures	21 000	0	0	0
Total Tangible Assets	39 209 000	35 861 000	38 630 000	41 304 000
Total Fiancial Fixed Assets	19 000	0	0	0
Total Fixed Assets	39 228 000	35 861 000	38 630 000	41 304 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 311 000	4 278 000	2 217 000	1 241 000
Total Current Assets	6 671 000	6 593 000	4 425 000	13 395 000
Total Assets	45 899 000	42 454 000	43 055 000	54 699 000
Total Equity	14 184 000	11 863 000	8 464 000	5 060 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	29 659 000	28 888 000	33 730 000	38 343 000
Creditors	533 000	747 000	267 000	10 607 000
Unpaid Taxes	82 000	3 000	4 000	72 000
Dividends	0	0	0	0
Other Current Debt	1 145 000	730 000	590 000	617 000
Total Current Debt	2 056 000	1 704 000	861 000	11 296 000
Total Equity and Debt	45 899 000	42 454 000	43 055 000	54 699 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,36 %	28,64 %	40,22 %	20,36 %
Debt-to-Equity Ratio	2,09	2,44	3,99	7,58
Operating Profit Margin	22,2 %	30,11 %	31,11 %	50,33 %
Current Ratio	3,24	3,87	5,14	1,19
Quick Ratio	3,24	3,87	5,14	1,19
Equity Ratio	0,31	0,28	0,2	0,09
Gross Profit Margin	98,39 %	99,43 %	99,94 %	100 %