SEAWORKS AS

9408 HARSTAD

Finances

Share Ownership

Return on Equity

−14,53 %

Current Ratio

0,74

Debt-to-Equity Ratio

2,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	249 058 000	227 688 000	222 214 000	243 945 000
Net Income	−8 511 000	4 368 000	13 947 000	7 414 000
Total Assets	237 579 000	216 390 000	187 962 000	179 598 000
Total Equity	58 556 000	67 067 000	65 826 000	56 879 000

Income (NOK)	2022	2021	2020	2019
Revenue	249 058 000	227 688 000	222 214 000	243 945 000
Expenditure	253 726 000	219 037 000	203 196 000	230 678 000
Operating Profit	−4 668 000	8 652 000	19 017 000	13 267 000
Financial Income	791 000	344 000	288 000	289 000
Financial Costs	4 634 000	4 628 000	5 358 000	6 132 000
Financial Balance	−3 843 000	−4 284 000	−5 070 000	−5 843 000
Earnings Before Tax	−8 511 000	4 368 000	13 947 000	7 424 000
Tax	0	0	0	10 000
Net Income	−8 511 000	4 368 000	13 947 000	7 414 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	204 689 000	176 595 000	126 920 000	143 548 000
Total Current Assets	32 889 000	39 796 000	61 042 000	36 050 000
Total Assets	237 579 000	216 390 000	187 962 000	179 598 000
Total Retained Equity	55 178 000	63 689 000	62 448 000	53 501 000
Total Equity	58 556 000	67 067 000	65 826 000	56 879 000
Total Long-Term Debt	134 748 000	104 054 000	74 375 000	82 914 000
Total Current Debt	44 274 000	45 269 000	47 760 000	39 804 000
Total Equity and Debt	237 579 000	216 390 000	187 962 000	179 598 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	247 653 000	225 347 000	211 361 000	238 058 000
Other Income	1 405 000	2 341 000	10 853 000	5 886 000
Revenue	249 058 000	227 688 000	222 214 000	243 945 000
Cost of Goods Sold	4 080 000	11 563 000	7 260 000	16 272 000
Salary Costs	0	0	0	0
Depreciation	9 978 000	10 243 000	11 277 000	11 192 000
Impairment	0	0	0	0
Expenditure	253 726 000	219 037 000	203 196 000	230 678 000
Operating Profit	−4 668 000	8 652 000	19 017 000	13 267 000
Financial Income	791 000	344 000	288 000	289 000
Financial Costs	4 634 000	4 628 000	5 358 000	6 132 000
Financial Balance	−3 843 000	−4 284 000	−5 070 000	−5 843 000
Dividends	0	3 000 000	5 000 000	2 000 000
Net Income	−8 511 000	4 368 000	13 947 000	7 414 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	95 009 000	57 921 000	333 000	0
Machinery and Plant Facilities	5 089 000	3 572 000	0	0
Fixtures	333 000	27 000	27 000	161 000
Total Tangible Assets	204 189 000	172 895 000	125 121 000	143 548 000
Total Fiancial Fixed Assets	500 000	3 699 000	1 799 000	0
Total Fixed Assets	204 689 000	176 595 000	126 920 000	143 548 000
Stock	1 140 000	1 022 000	1 399 000	1 034 000
Total Investments	0	0	0	0
Cash, Bank	2 908 000	8 065 000	32 281 000	6 415 000
Total Current Assets	32 889 000	39 796 000	61 042 000	36 050 000
Total Assets	237 579 000	216 390 000	187 962 000	179 598 000
Total Equity	58 556 000	67 067 000	65 826 000	56 879 000
Short-Term Group Debt	8 133 000	7 710 000	1 774 000	0
Total Long-Term Debt	134 748 000	104 054 000	74 375 000	82 914 000
Creditors	22 438 000	22 989 000	20 686 000	17 994 000
Unpaid Taxes	0	0	294 000	476 000
Dividends	0	3 000 000	5 000 000	2 000 000
Other Current Debt	902 000	5 935 000	7 472 000	6 462 000
Total Current Debt	44 274 000	45 269 000	47 760 000	39 804 000
Total Equity and Debt	237 579 000	216 390 000	187 962 000	179 598 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,53 %	6,51 %	21,19 %	13,03 %
Debt-to-Equity Ratio	2,3	1,55	1,13	1,46
Operating Profit Margin	−1,87 %	3,8 %	8,56 %	5,44 %
Current Ratio	0,74	0,88	1,28	0,91
Quick Ratio	0,76	0,9	1,32	0,93
Equity Ratio	0,25	0,31	0,35	0,32
Gross Profit Margin	98,36 %	94,92 %	96,73 %	93,33 %