SEAPRODUCTS AS

6055 GODØYA

Finances

Share Ownership

Return on Equity

−14,22 %

Current Ratio

1,05

Debt-to-Equity Ratio

0,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 333 000	920 000	879 000	1 017 000
Net Income	−29 000	−67 000	−138 000	−123 000
Total Assets	1 243 000	673 000	857 000	1 007 000
Total Equity	204 000	234 000	300 000	438 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 333 000	920 000	879 000	1 017 000
Expenditure	1 370 000	1 005 000	1 055 000	1 176 000
Operating Profit	−38 000	−86 000	−177 000	−159 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	−38 000	−86 000	−177 000	−158 000
Tax	−8 000	−19 000	−39 000	−35 000
Net Income	−29 000	−67 000	−138 000	−123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	328 000	257 000	336 000	414 000
Total Current Assets	915 000	416 000	521 000	593 000
Total Assets	1 243 000	673 000	857 000	1 007 000
Total Retained Equity	104 000	134 000	200 000	338 000
Total Equity	204 000	234 000	300 000	438 000
Total Long-Term Debt	165 000	213 000	276 000	352 000
Total Current Debt	874 000	226 000	280 000	217 000
Total Equity and Debt	1 243 000	673 000	857 000	1 007 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 333 000	920 000	879 000	1 017 000
Other Income	0	0	0	0
Revenue	1 333 000	920 000	879 000	1 017 000
Cost of Goods Sold	72 000	47 000	44 000	52 000
Salary Costs	847 000	657 000	652 000	692 000
Depreciation	86 000	78 000	78 000	78 000
Impairment	0	0	0	0
Expenditure	1 370 000	1 005 000	1 055 000	1 176 000
Operating Profit	−38 000	−86 000	−177 000	−159 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	−29 000	−67 000	−138 000	−123 000

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	156 000	14 000	22 000	30 000
Total Tangible Assets	328 000	257 000	336 000	414 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	328 000	257 000	336 000	414 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	898 000	382 000	509 000	557 000
Total Current Assets	915 000	416 000	521 000	593 000
Total Assets	1 243 000	673 000	857 000	1 007 000
Total Equity	204 000	234 000	300 000	438 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	165 000	213 000	276 000	352 000
Creditors	210 000	16 000	17 000	23 000
Unpaid Taxes	282 000	156 000	220 000	137 000
Dividends	0	0	0	0
Other Current Debt	342 000	10 000	7 000	0
Total Current Debt	874 000	226 000	280 000	217 000
Total Equity and Debt	1 243 000	673 000	857 000	1 007 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,22 %	−28,63 %	−46 %	−28,08 %
Debt-to-Equity Ratio	0,81	0,91	0,92	0,8
Operating Profit Margin	−2,85 %	−9,35 %	−20,14 %	−15,63 %
Current Ratio	1,05	1,84	1,86	2,73
Quick Ratio	1,05	1,84	1,86	2,73
Equity Ratio	0,16	0,35	0,35	0,43
Gross Profit Margin	94,6 %	94,89 %	94,99 %	94,89 %