SEASHELL AS

7273 NORDDYRØY

Finances

Return on Equity

19,97 %

Current Ratio

1,6

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	61 527 000	44 377 000	32 184 000	44 296 000
Net Income	2 856 000	1 558 000	−626 000	749 000
Total Assets	18 565 000	14 611 000	14 167 000	15 189 000
Total Equity	14 303 000	11 447 000	9 889 000	10 516 000

Income (NOK)	2022	2021	2020	2019
Revenue	61 527 000	44 377 000	32 184 000	44 296 000
Expenditure	57 271 000	42 139 000	30 740 000	42 837 000
Operating Profit	3 490 000	1 937 000	1 052 000	842 000
Financial Income	172 000	69 000	6 000	190 000
Financial Costs	1 000	22 000	1 501 000	146 000
Financial Balance	171 000	47 000	−1 495 000	44 000
Earnings Before Tax	3 661 000	1 984 000	−443 000	886 000
Tax	806 000	426 000	183 000	137 000
Net Income	2 856 000	1 558 000	−626 000	749 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 131 000	10 094 000	8 860 000	10 848 000
Total Current Assets	6 434 000	4 517 000	5 307 000	4 341 000
Total Assets	18 565 000	14 611 000	14 167 000	15 189 000
Total Retained Equity	11 433 000	8 578 000	7 020 000	7 646 000
Total Equity	14 303 000	11 447 000	9 889 000	10 516 000
Total Long-Term Debt	247 000	629 000	2 164 000	2 927 000
Total Current Debt	4 014 000	2 534 000	2 114 000	1 746 000
Total Equity and Debt	18 565 000	14 611 000	14 167 000	15 189 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 734 000	43 047 000	30 987 000	43 031 000
Other Income	1 793 000	1 331 000	1 197 000	1 264 000
Revenue	61 527 000	44 377 000	32 184 000	44 296 000
Cost of Goods Sold	47 137 000	33 153 000	22 920 000	32 792 000
Salary Costs	4 185 000	3 821 000	3 606 000	4 773 000
Depreciation	1 704 000	1 452 000	1 245 000	1 190 000
Impairment	0	0	0	12 000
Expenditure	57 271 000	42 139 000	30 740 000	42 837 000
Operating Profit	3 490 000	1 937 000	1 052 000	842 000
Financial Income	172 000	69 000	6 000	190 000
Financial Costs	1 000	22 000	1 501 000	146 000
Financial Balance	171 000	47 000	−1 495 000	44 000
Dividends	0	0	0	0
Net Income	2 856 000	1 558 000	−626 000	749 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 114 000	630 000	222 000	150 000
Real Eastate	4 503 000	5 156 000	5 809 000	6 462 000
Machinery and Plant Facilities	2 683 000	3 017 000	2 145 000	2 470 000
Fixtures	274 000	10 000	24 000	19 000
Total Tangible Assets	7 460 000	8 183 000	7 979 000	8 951 000
Total Fiancial Fixed Assets	3 557 000	1 282 000	660 000	1 748 000
Total Fixed Assets	12 131 000	10 094 000	8 860 000	10 848 000
Stock	1 674 000	1 209 000	2 195 000	1 155 000
Total Investments	247 000	233 000	185 000	140 000
Cash, Bank	1 786 000	2 046 000	2 010 000	438 000
Total Current Assets	6 434 000	4 517 000	5 307 000	4 341 000
Total Assets	18 565 000	14 611 000	14 167 000	15 189 000
Total Equity	14 303 000	11 447 000	9 889 000	10 516 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	247 000	629 000	2 164 000	2 927 000
Creditors	1 724 000	967 000	1 019 000	786 000
Unpaid Taxes	588 000	392 000	443 000	370 000
Dividends	0	0	0	0
Other Current Debt	796 000	680 000	381 000	545 000
Total Current Debt	4 014 000	2 534 000	2 114 000	1 746 000
Total Equity and Debt	18 565 000	14 611 000	14 167 000	15 189 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,97 %	13,61 %	−6,33 %	7,12 %
Debt-to-Equity Ratio	0,02	0,05	0,22	0,28
Operating Profit Margin	5,67 %	4,36 %	3,27 %	1,9 %
Current Ratio	1,6	1,78	2,51	2,49
Quick Ratio	2,75	3,41	−65,52	7,35
Equity Ratio	0,77	0,78	0,7	0,69
Gross Profit Margin	23,39 %	25,29 %	28,78 %	25,97 %