SEASAFE TRANSPORT AS

0250 OSLO

Finances

Share Ownership

Return on Equity

79,67 %

Current Ratio

0,61

Debt-to-Equity Ratio

−0,07

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 832 000	4 257 000	6 996 000	15 034 000
Net Income	−525 000	−132 000	−1 016 000	223 000
Total Assets	3 597 000	4 889 000	4 947 000	7 742 000
Total Equity	−659 000	−289 000	−157 000	858 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 832 000	4 257 000	6 996 000	15 034 000
Expenditure	4 292 000	4 358 000	7 546 000	14 502 000
Operating Profit	−460 000	−101 000	−725 000	486 000
Financial Income	74 000	116 000	47 000	206 000
Financial Costs	139 000	173 000	340 000	402 000
Financial Balance	−65 000	−57 000	−293 000	−196 000
Earnings Before Tax	−525 000	−158 000	−1 019 000	290 000
Tax	0	−26 000	−3 000	66 000
Net Income	−525 000	−132 000	−1 016 000	223 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 042 000	1 360 000	1 482 000	2 988 000
Total Current Assets	2 555 000	3 529 000	3 465 000	4 754 000
Total Assets	3 597 000	4 889 000	4 947 000	7 742 000
Total Retained Equity	−759 000	−389 000	−257 000	758 000
Total Equity	−659 000	−289 000	−157 000	858 000
Total Long-Term Debt	45 000	120 000	494 000	1 013 000
Total Current Debt	4 212 000	5 058 000	4 610 000	5 871 000
Total Equity and Debt	3 597 000	4 889 000	4 947 000	7 742 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	3 832 000	4 257 000	6 996 000	15 020 000
Other Income	0	0	0	14 000
Revenue	3 832 000	4 257 000	6 996 000	15 034 000
Cost of Goods Sold	3 069 000	2 850 000	4 095 000	11 801 000
Salary Costs	19 000	519 000	1 466 000	1 567 000
Depreciation	120 000	122 000	121 000	121 000
Impairment	0	0	0	0
Expenditure	4 292 000	4 358 000	7 546 000	14 502 000
Operating Profit	−460 000	−101 000	−725 000	486 000
Financial Income	74 000	116 000	47 000	206 000
Financial Costs	139 000	173 000	340 000	402 000
Financial Balance	−65 000	−57 000	−293 000	−196 000
Dividends	0	0	0	0
Net Income	−525 000	−132 000	−1 016 000	223 000

Balance details (NOK)	2021	2020	2019	2018
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	164 000	285 000	407 000	393 000
Total Tangible Assets	164 000	285 000	407 000	393 000
Total Fiancial Fixed Assets	878 000	1 075 000	1 075 000	2 595 000
Total Fixed Assets	1 042 000	1 360 000	1 482 000	2 988 000
Stock	1 669 000	1 458 000	1 461 000	1 636 000
Total Investments	0	0	0	0
Cash, Bank	1 000	1 000	1 000	3 000
Total Current Assets	2 555 000	3 529 000	3 465 000	4 754 000
Total Assets	3 597 000	4 889 000	4 947 000	7 742 000
Total Equity	−659 000	−289 000	−157 000	858 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	45 000	120 000	494 000	1 013 000
Creditors	2 974 000	3 637 000	2 999 000	3 470 000
Unpaid Taxes	525 000	664 000	727 000	1 491 000
Dividends	0	0	0	0
Other Current Debt	203 000	250 000	402 000	360 000
Total Current Debt	4 212 000	5 058 000	4 610 000	5 871 000
Total Equity and Debt	3 597 000	4 889 000	4 947 000	7 742 000

Financial indicators	2021	2020	2019	2018
Return on Equity	79,67 %	45,67 %	647,13 %	25,99 %
Debt-to-Equity Ratio	−0,07	−0,42	−3,15	1,18
Operating Profit Margin	−12 %	−2,37 %	−10,36 %	3,23 %
Current Ratio	0,61	0,7	0,75	0,81
Quick Ratio	1	0,98	1,1	1,12
Equity Ratio	−0,18	−0,06	−0,03	0,11
Gross Profit Margin	19,91 %	33,05 %	41,47 %	21,5 %