EMS SEVEN SEAS AS

1364 FORNEBU

Finances

Return on Equity

85,44 %

Current Ratio

0,43

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 171 000	27 301 000	30 162 000	50 406 000
Net Income	98 329 000	−100 392 000	19 319 000	10 983 000
Total Assets	170 393 000	183 408 000	288 485 000	322 084 000
Total Equity	115 086 000	115 050 000	232 124 000	212 805 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 171 000	27 301 000	30 162 000	50 406 000
Expenditure	33 872 000	37 805 000	46 581 000	56 746 000
Operating Profit	−7 701 000	−10 504 000	−16 419 000	−6 340 000
Financial Income	142 329 000	12 858 000	42 471 000	121 546 000
Financial Costs	32 256 000	102 746 000	6 733 000	104 223 000
Financial Balance	110 073 000	−89 888 000	35 738 000	17 323 000
Earnings Before Tax	102 372 000	−100 392 000	19 319 000	10 983 000
Tax	4 043 000	0	0	0
Net Income	98 329 000	−100 392 000	19 319 000	10 983 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	152 891 000	157 575 000	231 105 000	262 620 000
Total Current Assets	17 502 000	25 833 000	57 380 000	59 464 000
Total Assets	170 393 000	183 408 000	288 485 000	322 084 000
Total Retained Equity	−190 476 000	−288 805 000	−188 413 000	−207 732 000
Total Equity	115 086 000	115 050 000	232 124 000	212 805 000
Total Long-Term Debt	14 330 000	27 464 000	22 905 000	37 984 000
Total Current Debt	40 977 000	40 894 000	33 456 000	71 295 000
Total Equity and Debt	170 393 000	183 408 000	288 485 000	322 084 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	50 406 000
Other Income	26 171 000	27 301 000	30 162 000	0
Revenue	26 171 000	27 301 000	30 162 000	50 406 000
Cost of Goods Sold	0	0	0	0
Salary Costs	18 772 000	23 777 000	25 174 000	26 020 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	33 872 000	37 805 000	46 581 000	56 746 000
Operating Profit	−7 701 000	−10 504 000	−16 419 000	−6 340 000
Financial Income	142 329 000	12 858 000	42 471 000	121 546 000
Financial Costs	32 256 000	102 746 000	6 733 000	104 223 000
Financial Balance	110 073 000	−89 888 000	35 738 000	17 323 000
Dividends	0	0	0	0
Net Income	98 329 000	−100 392 000	19 319 000	10 983 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	152 891 000	157 575 000	231 105 000	262 620 000
Total Fixed Assets	152 891 000	157 575 000	231 105 000	262 620 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 703 000	16 382 000	26 776 000	9 246 000
Total Current Assets	17 502 000	25 833 000	57 380 000	59 464 000
Total Assets	170 393 000	183 408 000	288 485 000	322 084 000
Total Equity	115 086 000	115 050 000	232 124 000	212 805 000
Short-Term Group Debt	26 317 000	24 798 000	17 305 000	49 862 000
Total Long-Term Debt	14 330 000	27 464 000	22 905 000	37 984 000
Creditors	0	0	0	2 730 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	14 660 000	16 096 000	16 151 000	18 703 000
Total Current Debt	40 977 000	40 894 000	33 456 000	71 295 000
Total Equity and Debt	170 393 000	183 408 000	288 485 000	322 084 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,44 %	−87,26 %	8,32 %	5,16 %
Debt-to-Equity Ratio	0,12	0,24	0,1	0,18
Operating Profit Margin	−29,43 %	−38,47 %	−54,44 %	−12,58 %
Current Ratio	0,43	0,63	1,72	0,83
Quick Ratio	0,43	0,63	1,72	0,83
Equity Ratio	0,68	0,63	0,8	0,66
Gross Profit Margin	100 %	100 %	100 %	100 %