SEUT MARITIME AS

1621 GRESSVIK

Finances

Share Ownership

Return on Equity

150,79 %

Current Ratio

0,72

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	544 000	908 000	676 000	115 000
Net Income	−383 000	0	89 000	16 000
Total Assets	651 000	659 000	304 000	131 000
Total Equity	−254 000	129 000	129 000	41 000

Income (NOK)	2022	2021	2020	2019
Revenue	544 000	908 000	676 000	115 000
Expenditure	924 000	906 000	553 000	96 000
Operating Profit	−380 000	2 000	122 000	19 000
Financial Income	−2 000	1 000	1 000	0
Financial Costs	2 000	4 000	9 000	0
Financial Balance	−4 000	−3 000	−8 000	0
Earnings Before Tax	−384 000	−1 000	114 000	19 000
Tax	−1 000	0	25 000	3 000
Net Income	−383 000	0	89 000	16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	651 000	659 000	304 000	131 000
Total Assets	651 000	659 000	304 000	131 000
Total Retained Equity	−284 000	99 000	99 000	16 000
Total Equity	−254 000	129 000	129 000	41 000
Total Long-Term Debt	0	1 000	1 000	1 000
Total Current Debt	905 000	529 000	174 000	90 000
Total Equity and Debt	651 000	659 000	304 000	131 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	409 000	885 000	667 000	84 000
Other Income	135 000	23 000	9 000	32 000
Revenue	544 000	908 000	676 000	115 000
Cost of Goods Sold	563 000	677 000	320 000	93 000
Salary Costs	3 000	7 000	5 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	924 000	906 000	553 000	96 000
Operating Profit	−380 000	2 000	122 000	19 000
Financial Income	−2 000	1 000	1 000	0
Financial Costs	2 000	4 000	9 000	0
Financial Balance	−4 000	−3 000	−8 000	0
Dividends	0	0	0	0
Net Income	−383 000	0	89 000	16 000

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	43 000	4 000	0	0
Total Current Assets	651 000	659 000	304 000	131 000
Total Assets	651 000	659 000	304 000	131 000
Total Equity	−254 000	129 000	129 000	41 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	1 000	1 000
Creditors	810 000	476 000	148 000	84 000
Unpaid Taxes	0	0	0	2 000
Dividends	0	0	0	0
Other Current Debt	94 000	53 000	1 000	2 000
Total Current Debt	905 000	529 000	174 000	90 000
Total Equity and Debt	651 000	659 000	304 000	131 000

Financial indicators	2022	2021	2020	2019
Return on Equity	150,79 %	0 %	68,99 %	39,02 %
Debt-to-Equity Ratio	−0	0,01	0,01	0,02
Operating Profit Margin	−69,85 %	0,22 %	18,05 %	16,52 %
Current Ratio	0,72	1,25	1,75	1,46
Quick Ratio	0,72	1,25	1,75	1,46
Equity Ratio	−0,39	0,2	0,42	0,31
Gross Profit Margin	−3,49 %	25,44 %	52,66 %	19,13 %