SEAWAY 7 OFFSHORE INSTALLATION AS

0277 OSLO

Finances

Return on Equity

2,49 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020
Revenue	0	0	0
Net Income	603 000	651 000	−1 813 000
Total Assets	48 591 000	222 446 000	205 427 000
Total Equity	24 172 000	206 435 000	−1 783 000

Income (USD)	2022	2021	2020
Revenue	0	0	0
Expenditure	1 000	54 000	1 800 000
Operating Profit	−1 000	−54 000	−1 800 000
Financial Income	1 009 000	2 539 000	358 000
Financial Costs	208 000	1 834 000	371 000
Financial Balance	801 000	705 000	−13 000
Earnings Before Tax	801 000	651 000	−1 813 000
Tax	198 000	0	0
Net Income	603 000	651 000	−1 813 000

Balance (USD)	2022	2021	2020
Total Fixed Assets	22 149 000	187 546 000	206 000
Total Current Assets	26 442 000	34 899 000	205 222 000
Total Assets	48 591 000	222 446 000	205 427 000
Total Retained Equity	−226 000	−1 162 000	−1 813 000
Total Equity	24 172 000	206 435 000	−1 783 000
Total Long-Term Debt	0	0	0
Total Current Debt	24 419 000	16 011 000	207 211 000
Total Equity and Debt	48 591 000	222 446 000	205 427 000

Cash flow (USD)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 000	54 000	1 800 000
Operating Profit	−1 000	−54 000	−1 800 000
Financial Income	1 009 000	2 539 000	358 000
Financial Costs	208 000	1 834 000	371 000
Financial Balance	801 000	705 000	−13 000
Dividends	0	0	0
Net Income	603 000	651 000	−1 813 000

Balance details (USD)	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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	22 149 000	187 546 000	206 000
Total Fixed Assets	22 149 000	187 546 000	206 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	0	29 000	4 000
Total Current Assets	26 442 000	34 899 000	205 222 000
Total Assets	48 591 000	222 446 000	205 427 000
Total Equity	24 172 000	206 435 000	−1 783 000
Short-Term Group Debt	24 411 000	15 967 000	207 193 000
Total Long-Term Debt	0	0	0
Creditors	0	0	11 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	3 000	44 000	6 000
Total Current Debt	24 419 000	16 011 000	207 211 000
Total Equity and Debt	48 591 000	222 446 000	205 427 000

Financial indicators	2022	2021	2020
Return on Equity	2,49 %	0,32 %	101,68 %
Debt-to-Equity Ratio	0	0	−0
Operating Profit Margin	-	-	-
Current Ratio	1,08	2,18	0,99
Quick Ratio	1,08	2,18	0,99
Equity Ratio	0,5	0,93	−0,01
Gross Profit Margin	-	-	-