WITH SEA AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

485,36 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	55 570 000	46 519 000	25 943 000
Net Income	2 354 000	2 243 000	1 336 000
Total Assets	8 011 000	12 107 000	8 025 000
Total Equity	485 000	264 000	121 000

Income (NOK)	2022	2021	2020
Revenue	55 570 000	46 519 000	25 943 000
Expenditure	52 531 000	43 643 000	24 229 000
Operating Profit	3 039 000	2 876 000	1 714 000
Financial Income	2 000	0	2 000
Financial Costs	2 000	0	0
Financial Balance	0	0	2 000
Earnings Before Tax	3 039 000	2 876 000	1 716 000
Tax	686 000	633 000	380 000
Net Income	2 354 000	2 243 000	1 336 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 000	11 000	18 000
Total Current Assets	8 009 000	12 097 000	8 006 000
Total Assets	8 011 000	12 107 000	8 025 000
Total Retained Equity	450 000	229 000	86 000
Total Equity	485 000	264 000	121 000
Total Long-Term Debt	1 000	0	1 000
Total Current Debt	7 526 000	11 843 000	7 903 000
Total Equity and Debt	8 011 000	12 107 000	8 025 000

Cash flow (NOK)	2022	2021	2020
Sales Income	55 570 000	46 519 000	25 943 000
Other Income	0	0	0
Revenue	55 570 000	46 519 000	25 943 000
Cost of Goods Sold	52 193 000	42 544 000	23 399 000
Salary Costs	0	820 000	566 000
Depreciation	8 000	8 000	5 000
Impairment	0	0	0
Expenditure	52 531 000	43 643 000	24 229 000
Operating Profit	3 039 000	2 876 000	1 714 000
Financial Income	2 000	0	2 000
Financial Costs	2 000	0	0
Financial Balance	0	0	2 000
Dividends	2 133 000	2 100 000	1 250 000
Net Income	2 354 000	2 243 000	1 336 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	3 000	10 000	18 000
Total Tangible Assets	3 000	10 000	18 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	3 000	11 000	18 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	4 229 000	9 564 000	6 935 000
Total Current Assets	8 009 000	12 097 000	8 006 000
Total Assets	8 011 000	12 107 000	8 025 000
Total Equity	485 000	264 000	121 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	0	1 000
Creditors	4 595 000	8 939 000	5 877 000
Unpaid Taxes	112 000	155 000	152 000
Dividends	2 133 000	2 100 000	1 250 000
Other Current Debt	0	15 000	244 000
Total Current Debt	7 526 000	11 843 000	7 903 000
Total Equity and Debt	8 011 000	12 107 000	8 025 000

Financial indicators	2022	2021	2020
Return on Equity	485,36 %	849,62 %	1 104,13 %
Debt-to-Equity Ratio	0	0	0,01
Operating Profit Margin	5,47 %	6,18 %	6,61 %
Current Ratio	1,06	1,02	1,01
Quick Ratio	1,06	1,02	1,01
Equity Ratio	0,06	0,02	0,02
Gross Profit Margin	6,08 %	8,54 %	9,81 %