SEA FRONT AS

9020 TROMSDALEN

Finances

Share Ownership

Return on Equity

27,64 %

Current Ratio

7,83

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	881 000	864 000	750 000	871 000
Net Income	411 000	295 000	15 000	175 000
Total Assets	2 138 000	2 001 000	1 920 000	2 246 000
Total Equity	1 487 000	1 076 000	781 000	766 000

Income (NOK)	2022	2021	2020	2019
Revenue	881 000	864 000	750 000	871 000
Expenditure	318 000	442 000	674 000	577 000
Operating Profit	564 000	422 000	76 000	294 000
Financial Income	0	0	0	0
Financial Costs	37 000	43 000	57 000	70 000
Financial Balance	−37 000	−43 000	−57 000	−70 000
Earnings Before Tax	527 000	379 000	19 000	224 000
Tax	116 000	83 000	4 000	49 000
Net Income	411 000	295 000	15 000	175 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	964 000	1 100 000	1 236 000	1 374 000
Total Current Assets	1 174 000	901 000	684 000	872 000
Total Assets	2 138 000	2 001 000	1 920 000	2 246 000
Total Retained Equity	1 042 000	631 000	336 000	321 000
Total Equity	1 487 000	1 076 000	781 000	766 000
Total Long-Term Debt	501 000	802 000	1 103 000	1 404 000
Total Current Debt	150 000	123 000	37 000	76 000
Total Equity and Debt	2 138 000	2 001 000	1 920 000	2 246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	881 000	864 000	750 000	871 000
Revenue	881 000	864 000	750 000	871 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	81 000	125 000	87 000
Depreciation	157 000	157 000	157 000	157 000
Impairment	0	0	0	0
Expenditure	318 000	442 000	674 000	577 000
Operating Profit	564 000	422 000	76 000	294 000
Financial Income	0	0	0	0
Financial Costs	37 000	43 000	57 000	70 000
Financial Balance	−37 000	−43 000	−57 000	−70 000
Dividends	0	0	0	0
Net Income	411 000	295 000	15 000	175 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	303 000	282 000	261 000	242 000
Real Eastate	661 000	818 000	975 000	1 132 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	661 000	818 000	975 000	1 132 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	964 000	1 100 000	1 236 000	1 374 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 174 000	901 000	684 000	867 000
Total Current Assets	1 174 000	901 000	684 000	872 000
Total Assets	2 138 000	2 001 000	1 920 000	2 246 000
Total Equity	1 487 000	1 076 000	781 000	766 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	501 000	802 000	1 103 000	1 404 000
Creditors	0	0	0	0
Unpaid Taxes	0	6 000	0	7 000
Dividends	0	0	0	0
Other Current Debt	13 000	13 000	13 000	1 000
Total Current Debt	150 000	123 000	37 000	76 000
Total Equity and Debt	2 138 000	2 001 000	1 920 000	2 246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,64 %	27,42 %	1,92 %	22,85 %
Debt-to-Equity Ratio	0,34	0,75	1,41	1,83
Operating Profit Margin	64,02 %	48,84 %	10,13 %	33,75 %
Current Ratio	7,83	7,33	18,49	11,47
Quick Ratio	7,83	7,33	18,49	11,47
Equity Ratio	0,7	0,54	0,41	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %