SELØY UNDERVANNSSERVICE AS

8850 HERØY

Finances

Return on Equity

−49,36 %

Current Ratio

1,69

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	96 587 000	161 746 000	204 893 000	183 488 000
Net Income	−9 552 000	2 388 000	5 627 000	−11 209 000
Total Assets	42 428 000	65 828 000	102 516 000	82 980 000
Total Equity	19 351 000	23 491 000	23 431 000	6 318 000

Income (NOK)	2022	2021	2020	2019
Revenue	96 587 000	161 746 000	204 893 000	183 488 000
Expenditure	101 119 000	158 687 000	197 582 000	197 536 000
Operating Profit	−4 533 000	3 059 000	7 311 000	−14 048 000
Financial Income	318 000	187 000	157 000	117 000
Financial Costs	261 000	182 000	252 000	422 000
Financial Balance	57 000	5 000	−95 000	−305 000
Earnings Before Tax	−4 476 000	3 064 000	7 216 000	−14 354 000
Tax	5 076 000	676 000	1 589 000	−3 145 000
Net Income	−9 552 000	2 388 000	5 627 000	−11 209 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 522 000	16 192 000	18 205 000	13 656 000
Total Current Assets	34 905 000	49 636 000	84 311 000	69 324 000
Total Assets	42 428 000	65 828 000	102 516 000	82 980 000
Total Retained Equity	107 000	948 000	889 000	−4 309 000
Total Equity	19 351 000	23 491 000	23 431 000	6 318 000
Total Long-Term Debt	2 417 000	3 479 000	4 541 000	6 132 000
Total Current Debt	20 659 000	38 858 000	74 544 000	70 530 000
Total Equity and Debt	42 428 000	65 828 000	102 516 000	82 980 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	96 587 000	161 182 000	204 547 000	183 488 000
Other Income	0	564 000	346 000	0
Revenue	96 587 000	161 746 000	204 893 000	183 488 000
Cost of Goods Sold	24 636 000	77 225 000	112 503 000	104 363 000
Salary Costs	31 710 000	36 878 000	38 326 000	40 837 000
Depreciation	2 957 000	2 872 000	1 846 000	1 552 000
Impairment	2 670 000	0	0	0
Expenditure	101 119 000	158 687 000	197 582 000	197 536 000
Operating Profit	−4 533 000	3 059 000	7 311 000	−14 048 000
Financial Income	318 000	187 000	157 000	117 000
Financial Costs	261 000	182 000	252 000	422 000
Financial Balance	57 000	5 000	−95 000	−305 000
Dividends	0	0	0	0
Net Income	−9 552 000	2 388 000	5 627 000	−11 209 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	5 076 000	5 392 000	7 128 000
Real Eastate	3 441 000	3 674 000	4 144 000	4 377 000
Machinery and Plant Facilities	246 000	465 000	884 000	1 286 000
Fixtures	146 000	515 000	645 000	113 000
Total Tangible Assets	6 410 000	10 915 000	12 574 000	6 290 000
Total Fiancial Fixed Assets	1 113 000	201 000	238 000	238 000
Total Fixed Assets	7 522 000	16 192 000	18 205 000	13 656 000
Stock	2 696 000	3 791 000	3 737 000	4 310 000
Total Investments	0	0	0	0
Cash, Bank	11 196 000	22 925 000	12 967 000	19 962 000
Total Current Assets	34 905 000	49 636 000	84 311 000	69 324 000
Total Assets	42 428 000	65 828 000	102 516 000	82 980 000
Total Equity	19 351 000	23 491 000	23 431 000	6 318 000
Short-Term Group Debt	1 158 000	13 537 000	0	4 000 000
Total Long-Term Debt	2 417 000	3 479 000	4 541 000	6 132 000
Creditors	3 603 000	11 881 000	59 729 000	49 260 000
Unpaid Taxes	4 261 000	8 660 000	8 455 000	6 315 000
Dividends	0	0	0	0
Other Current Debt	11 638 000	4 780 000	6 359 000	10 956 000
Total Current Debt	20 659 000	38 858 000	74 544 000	70 530 000
Total Equity and Debt	42 428 000	65 828 000	102 516 000	82 980 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−49,36 %	10,17 %	24,02 %	−177,41 %
Debt-to-Equity Ratio	0,12	0,15	0,19	0,97
Operating Profit Margin	−4,69 %	1,89 %	3,57 %	−7,66 %
Current Ratio	1,69	1,28	1,13	0,98
Quick Ratio	1,94	1,42	1,19	1,05
Equity Ratio	0,46	0,36	0,23	0,08
Gross Profit Margin	74,49 %	52,26 %	45,09 %	43,12 %