SEATANKERS MANAGEMENT NORWAY AS

0250 OSLO

Finances

Return on Equity

−48,42 %

Current Ratio

10,19

Debt-to-Equity Ratio

−3,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 367 000	59 966 000	42 292 000	55 805 000
Net Income	15 048 000	12 216 000	12 319 000	12 421 000
Total Assets	89 979 000	88 913 000	90 551 000	74 859 000
Total Equity	−31 081 000	−46 129 000	−58 345 000	−70 664 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 367 000	59 966 000	42 292 000	55 805 000
Expenditure	39 205 000	42 739 000	26 684 000	38 985 000
Operating Profit	19 161 000	17 227 000	15 609 000	16 820 000
Financial Income	69 000	47 000	1 374 000	188 000
Financial Costs	4 182 000	5 057 000	4 664 000	4 588 000
Financial Balance	−4 113 000	−5 010 000	−3 290 000	−4 400 000
Earnings Before Tax	15 048 000	12 216 000	12 319 000	12 421 000
Tax	0	0	0	0
Net Income	15 048 000	12 216 000	12 319 000	12 421 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 082 000	52 825 000	53 828 000	60 391 000
Total Current Assets	37 897 000	36 088 000	36 723 000	14 467 000
Total Assets	89 979 000	88 913 000	90 551 000	74 859 000
Total Retained Equity	−31 181 000	−46 229 000	−58 445 000	−70 764 000
Total Equity	−31 081 000	−46 129 000	−58 345 000	−70 664 000
Total Long-Term Debt	117 340 000	131 023 000	141 594 000	140 427 000
Total Current Debt	3 720 000	4 019 000	7 303 000	5 095 000
Total Equity and Debt	89 979 000	88 913 000	90 551 000	74 859 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 550 000	14 535 000	14 723 000	14 810 000
Other Income	39 817 000	45 432 000	27 569 000	40 996 000
Revenue	58 367 000	59 966 000	42 292 000	55 805 000
Cost of Goods Sold	0	0	0	0
Salary Costs	28 816 000	32 185 000	18 927 000	30 106 000
Depreciation	984 000	1 002 000	1 015 000	1 039 000
Impairment	0	0	0	0
Expenditure	39 205 000	42 739 000	26 684 000	38 985 000
Operating Profit	19 161 000	17 227 000	15 609 000	16 820 000
Financial Income	69 000	47 000	1 374 000	188 000
Financial Costs	4 182 000	5 057 000	4 664 000	4 588 000
Financial Balance	−4 113 000	−5 010 000	−3 290 000	−4 400 000
Dividends	0	0	0	0
Net Income	15 048 000	12 216 000	12 319 000	12 421 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	47 278 000	47 004 000	47 964 000	47 917 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	342 000	359 000	402 000	430 000
Total Tangible Assets	47 620 000	47 363 000	48 366 000	48 347 000
Total Fiancial Fixed Assets	4 462 000	5 462 000	5 462 000	12 044 000
Total Fixed Assets	52 082 000	52 825 000	53 828 000	60 391 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 037 000	11 284 000	36 405 000	13 547 000
Total Current Assets	37 897 000	36 088 000	36 723 000	14 467 000
Total Assets	89 979 000	88 913 000	90 551 000	74 859 000
Total Equity	−31 081 000	−46 129 000	−58 345 000	−70 664 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	117 340 000	131 023 000	141 594 000	140 427 000
Creditors	129 000	382 000	358 000	1 328 000
Unpaid Taxes	1 655 000	1 633 000	2 261 000	1 599 000
Dividends	0	0	0	0
Other Current Debt	1 936 000	2 003 000	4 683 000	2 168 000
Total Current Debt	3 720 000	4 019 000	7 303 000	5 095 000
Total Equity and Debt	89 979 000	88 913 000	90 551 000	74 859 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−48,42 %	−26,48 %	−21,11 %	−17,58 %
Debt-to-Equity Ratio	−3,78	−2,84	−2,43	−1,99
Operating Profit Margin	32,83 %	28,73 %	36,91 %	30,14 %
Current Ratio	10,19	8,98	5,03	2,84
Quick Ratio	10,19	8,98	5,03	2,84
Equity Ratio	−0,35	−0,52	−0,64	−0,94
Gross Profit Margin	100 %	100 %	100 %	100 %