SEALIFT SYSTEMS AS

5379 STEINSLAND

Finances

Share Ownership

Return on Equity

189,71 %

Current Ratio

0,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	355 000	277 000	1 836 000	3 251 000
Net Income	129 000	−713 000	−812 000	815 000
Total Assets	881 000	669 000	1 476 000	2 940 000
Total Equity	68 000	−61 000	652 000	1 465 000

Income (NOK)	2022	2021	2020	2019
Revenue	355 000	277 000	1 836 000	3 251 000
Expenditure	164 000	607 000	583 000	1 168 000
Operating Profit	182 000	−673 000	−800 000	816 000
Financial Income	1 000	0	0	0
Financial Costs	53 000	40 000	13 000	1 000
Financial Balance	−52 000	−40 000	−13 000	−1 000
Earnings Before Tax	129 000	−713 000	−812 000	815 000
Tax	0	0	0	0
Net Income	129 000	−713 000	−812 000	815 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	490 000	572 000	1 011 000	918 000
Total Current Assets	391 000	97 000	465 000	2 022 000
Total Assets	881 000	669 000	1 476 000	2 940 000
Total Retained Equity	−932 000	−1 061 000	−348 000	465 000
Total Equity	68 000	−61 000	652 000	1 465 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	812 000	729 000	824 000	1 476 000
Total Equity and Debt	881 000	669 000	1 476 000	2 940 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	355 000	277 000	1 636 000	2 751 000
Other Income	0	0	200 000	500 000
Revenue	355 000	277 000	1 836 000	3 251 000
Cost of Goods Sold	31 000	0	142 000	238 000
Salary Costs	0	11 000	51 000	421 000
Depreciation	82 000	89 000	0	0
Impairment	0	351 000	0	0
Expenditure	164 000	607 000	583 000	1 168 000
Operating Profit	182 000	−673 000	−800 000	816 000
Financial Income	1 000	0	0	0
Financial Costs	53 000	40 000	13 000	1 000
Financial Balance	−52 000	−40 000	−13 000	−1 000
Dividends	0	0	0	0
Net Income	129 000	−713 000	−812 000	815 000

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	250 000	250 000	601 000	601 000
Fixtures	240 000	322 000	411 000	318 000
Total Tangible Assets	490 000	572 000	1 011 000	918 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	490 000	572 000	1 011 000	918 000
Stock	50 000	75 000	175 000	175 000
Total Investments	0	0	0	0
Cash, Bank	0	0	19 000	21 000
Total Current Assets	391 000	97 000	465 000	2 022 000
Total Assets	881 000	669 000	1 476 000	2 940 000
Total Equity	68 000	−61 000	652 000	1 465 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	102 000	257 000	202 000
Unpaid Taxes	16 000	15 000	1 000	10 000
Dividends	0	0	0	0
Other Current Debt	450 000	0	30 000	907 000
Total Current Debt	812 000	729 000	824 000	1 476 000
Total Equity and Debt	881 000	669 000	1 476 000	2 940 000

Financial indicators	2022	2021	2020	2019
Return on Equity	189,71 %	1 168,85 %	−124,54 %	55,63 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	51,27 %	−242,96 %	−43,57 %	25,1 %
Current Ratio	0,48	0,13	0,56	1,37
Quick Ratio	0,51	0,15	0,72	1,55
Equity Ratio	0,08	−0,09	0,44	0,5
Gross Profit Margin	91,27 %	100 %	92,27 %	92,68 %