SEA1 OFFSHORE REDERI AS

4610 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

13,7 %

Current Ratio

0,56

Debt-to-Equity Ratio

2,24

Key figures (USD)	2022	2021	2020	2019
Revenue	127 782 000	121 625 000	106 728 000	112 655 000
Net Income	20 886 000	22 008 000	−75 082 000	−22 223 000
Total Assets	680 273 000	670 723 000	706 506 000	813 412 000
Total Equity	152 417 000	111 888 000	50 397 000	116 718 000

Income (USD)	2022	2021	2020	2019
Revenue	127 782 000	121 625 000	106 728 000	112 655 000
Expenditure	95 220 000	89 392 000	149 793 000	100 318 000
Operating Profit	32 563 000	32 233 000	−43 065 000	12 337 000
Financial Income	15 542 000	5 916 000	19 765 000	5 407 000
Financial Costs	33 278 000	17 194 000	54 252 000	41 627 000
Financial Balance	−17 736 000	−11 278 000	−34 487 000	−36 220 000
Earnings Before Tax	14 827 000	20 955 000	−77 553 000	−23 883 000
Tax	−6 060 000	−1 053 000	−2 471 000	−1 660 000
Net Income	20 886 000	22 008 000	−75 082 000	−22 223 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	576 981 000	608 405 000	638 049 000	746 115 000
Total Current Assets	103 293 000	62 317 000	68 457 000	67 297 000
Total Assets	680 273 000	670 723 000	706 506 000	813 412 000
Total Retained Equity	48 187 000	7 658 000	−265 736 000	−199 416 000
Total Equity	152 417 000	111 888 000	50 397 000	116 718 000
Total Long-Term Debt	341 988 000	402 943 000	476 760 000	479 946 000
Total Current Debt	185 868 000	155 891 000	179 349 000	216 748 000
Total Equity and Debt	680 273 000	670 723 000	706 506 000	813 412 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	127 782 000	121 472 000	106 726 000	115 433 000
Other Income	0	152 000	2 000	−2 778 000
Revenue	127 782 000	121 625 000	106 728 000	112 655 000
Cost of Goods Sold	30 642 000	25 175 000	25 970 000	22 604 000
Salary Costs	30 024 000	32 908 000	24 822 000	25 311 000
Depreciation	34 119 000	30 793 000	31 768 000	41 075 000
Impairment	0	0	66 762 000	10 712 000
Expenditure	95 220 000	89 392 000	149 793 000	100 318 000
Operating Profit	32 563 000	32 233 000	−43 065 000	12 337 000
Financial Income	15 542 000	5 916 000	19 765 000	5 407 000
Financial Costs	33 278 000	17 194 000	54 252 000	41 627 000
Financial Balance	−17 736 000	−11 278 000	−34 487 000	−36 220 000
Dividends	0	0	0	0
Net Income	20 886 000	22 008 000	−75 082 000	−22 223 000

Balance details (USD)	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	533 535 000	555 254 000	572 447 000	668 148 000
Total Fiancial Fixed Assets	43 446 000	53 151 000	65 601 000	77 967 000
Total Fixed Assets	576 981 000	608 405 000	638 049 000	746 115 000
Stock	1 481 000	967 000	1 247 000	672 000
Total Investments	0	0	0	0
Cash, Bank	43 297 000	10 688 000	21 791 000	16 744 000
Total Current Assets	103 293 000	62 317 000	68 457 000	67 297 000
Total Assets	680 273 000	670 723 000	706 506 000	813 412 000
Total Equity	152 417 000	111 888 000	50 397 000	116 718 000
Short-Term Group Debt	175 572 000	140 061 000	144 061 000	180 619 000
Total Long-Term Debt	341 988 000	402 943 000	476 760 000	479 946 000
Creditors	5 018 000	9 335 000	6 502 000	10 603 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 155 000	6 495 000	28 669 000	25 289 000
Total Current Debt	185 868 000	155 891 000	179 349 000	216 748 000
Total Equity and Debt	680 273 000	670 723 000	706 506 000	813 412 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,7 %	19,67 %	−148,98 %	−19,04 %
Debt-to-Equity Ratio	2,24	3,6	9,46	4,11
Operating Profit Margin	25,48 %	26,5 %	−40,35 %	10,95 %
Current Ratio	0,56	0,4	0,38	0,31
Quick Ratio	0,56	0,4	0,38	0,31
Equity Ratio	0,22	0,17	0,07	0,14
Gross Profit Margin	76,02 %	79,3 %	75,67 %	79,94 %