SEAWAY VENTUS AS

0277 OSLO

Finances

Share Ownership

Return on Equity

−18,28 %

Current Ratio

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020
Revenue	0	0	0
Net Income	−3 217 000	−2 267 000	−1 079 000
Total Assets	71 900 000	49 022 000	23 207 000
Total Equity	17 597 000	20 814 000	−1 076 000

Income (USD)	2022	2021	2020
Revenue	0	0	0
Expenditure	563 000	1 945 000	174 000
Operating Profit	−563 000	−1 945 000	−174 000
Financial Income	0	−51 000	−863 000
Financial Costs	2 654 000	270 000	42 000
Financial Balance	−2 654 000	−321 000	−905 000
Earnings Before Tax	−3 217 000	−2 266 000	−1 079 000
Tax	0	1 000	0
Net Income	−3 217 000	−2 267 000	−1 079 000

Balance (USD)	2022	2021	2020
Total Fixed Assets	71 900 000	47 141 000	23 203 000
Total Current Assets	0	1 882 000	4 000
Total Assets	71 900 000	49 022 000	23 207 000
Total Retained Equity	−6 563 000	−3 346 000	−1 079 000
Total Equity	17 597 000	20 814 000	−1 076 000
Total Long-Term Debt	0	0	0
Total Current Debt	54 303 000	28 209 000	24 283 000
Total Equity and Debt	71 900 000	49 022 000	23 207 000

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	563 000	1 945 000	174 000
Operating Profit	−563 000	−1 945 000	−174 000
Financial Income	0	−51 000	−863 000
Financial Costs	2 654 000	270 000	42 000
Financial Balance	−2 654 000	−321 000	−905 000
Dividends	0	0	0
Net Income	−3 217 000	−2 267 000	−1 079 000

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	71 900 000	47 141 000	23 203 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	71 900 000	47 141 000	23 203 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	0	1 875 000	3 000
Total Current Assets	0	1 882 000	4 000
Total Assets	71 900 000	49 022 000	23 207 000
Total Equity	17 597 000	20 814 000	−1 076 000
Short-Term Group Debt	54 297 000	26 820 000	24 045 000
Total Long-Term Debt	0	0	0
Creditors	1 000	972 000	238 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	5 000	415 000	0
Total Current Debt	54 303 000	28 209 000	24 283 000
Total Equity and Debt	71 900 000	49 022 000	23 207 000

Financial indicators	2022	2021	2020
Return on Equity	−18,28 %	−10,89 %	100,28 %
Debt-to-Equity Ratio	0	0	−0
Operating Profit Margin	-	-	-
Current Ratio	0	0,07	0
Quick Ratio	0	0,07	0
Equity Ratio	0,24	0,42	−0,05
Gross Profit Margin	-	-	-