SEVEN SEAS CARRIERS AS

5221 NESTTUN

Finances

Share Ownership

Return on Equity

86,92 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 250 000	8 579 000	7 433 000	7 157 000
Net Income	5 681 000	5 501 000	1 359 000	1 563 000
Total Assets	18 980 000	22 345 000	15 523 000	14 260 000
Total Equity	6 536 000	18 855 000	13 354 000	11 995 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 250 000	8 579 000	7 433 000	7 157 000
Expenditure	8 069 000	7 415 000	5 458 000	5 410 000
Operating Profit	5 180 000	1 165 000	1 975 000	1 748 000
Financial Income	2 103 000	4 804 000	271 000	370 000
Financial Costs	0	15 000	503 000	95 000
Financial Balance	2 103 000	4 789 000	−232 000	275 000
Earnings Before Tax	7 284 000	5 954 000	1 743 000	2 023 000
Tax	1 602 000	453 000	384 000	460 000
Net Income	5 681 000	5 501 000	1 359 000	1 563 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 078 000	12 313 000	13 283 000	11 691 000
Total Current Assets	12 902 000	10 032 000	2 240 000	2 569 000
Total Assets	18 980 000	22 345 000	15 523 000	14 260 000
Total Retained Equity	6 336 000	18 655 000	13 154 000	11 795 000
Total Equity	6 536 000	18 855 000	13 354 000	11 995 000
Total Long-Term Debt	1 000	1 000	2 000	0
Total Current Debt	12 443 000	3 489 000	2 167 000	2 265 000
Total Equity and Debt	18 980 000	22 345 000	15 523 000	14 260 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 435 000	2 786 000	1 769 000	3 044 000
Other Income	6 814 000	5 793 000	5 664 000	4 113 000
Revenue	13 250 000	8 579 000	7 433 000	7 157 000
Cost of Goods Sold	0	0	0	0
Salary Costs	7 112 000	6 728 000	4 808 000	4 750 000
Depreciation	8 000	12 000	3 000	6 000
Impairment	0	0	0	0
Expenditure	8 069 000	7 415 000	5 458 000	5 410 000
Operating Profit	5 180 000	1 165 000	1 975 000	1 748 000
Financial Income	2 103 000	4 804 000	271 000	370 000
Financial Costs	0	15 000	503 000	95 000
Financial Balance	2 103 000	4 789 000	−232 000	275 000
Dividends	8 000 000	0	0	0
Net Income	5 681 000	5 501 000	1 359 000	1 563 000

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	136 000	144 000	145 000	106 000
Total Tangible Assets	136 000	144 000	145 000	106 000
Total Fiancial Fixed Assets	5 942 000	12 169 000	13 137 000	11 585 000
Total Fixed Assets	6 078 000	12 313 000	13 283 000	11 691 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 450 000	8 538 000	1 415 000	1 606 000
Total Current Assets	12 902 000	10 032 000	2 240 000	2 569 000
Total Assets	18 980 000	22 345 000	15 523 000	14 260 000
Total Equity	6 536 000	18 855 000	13 354 000	11 995 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	1 000	2 000	0
Creditors	4 000	15 000	18 000	85 000
Unpaid Taxes	2 459 000	2 416 000	1 256 000	1 228 000
Dividends	8 000 000	0	0	0
Other Current Debt	377 000	604 000	511 000	491 000
Total Current Debt	12 443 000	3 489 000	2 167 000	2 265 000
Total Equity and Debt	18 980 000	22 345 000	15 523 000	14 260 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,92 %	29,18 %	10,18 %	13,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	39,09 %	13,58 %	26,57 %	24,42 %
Current Ratio	1,04	2,88	1,03	1,13
Quick Ratio	1,04	2,88	1,03	1,13
Equity Ratio	0,34	0,84	0,86	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %