SEA KAYAK NORWAY AS

5747 GUDVANGEN

Finances

Share Ownership

Return on Equity

0 %

Current Ratio

2,93

Debt-to-Equity Ratio

70,95

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 065 000	1 666 000	1 600 000	250 000
Net Income	0	216 000	159 000	232 000
Total Assets	15 341 000	16 721 000	18 725 000	18 293 000
Total Equity	213 000	213 000	−3 000	−162 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 065 000	1 666 000	1 600 000	250 000
Expenditure	576 000	645 000	536 000	148 000
Operating Profit	489 000	1 022 000	1 064 000	102 000
Financial Income	0	0	0	0
Financial Costs	489 000	745 000	860 000	1 000
Financial Balance	−489 000	−745 000	−860 000	−1 000
Earnings Before Tax	0	277 000	204 000	101 000
Tax	0	61 000	45 000	−131 000
Net Income	0	216 000	159 000	232 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	15 297 000	15 825 000	18 725 000	18 293 000
Total Current Assets	44 000	896 000	0	0
Total Assets	15 341 000	16 721 000	18 725 000	18 293 000
Total Retained Equity	13 000	13 000	−203 000	−362 000
Total Equity	213 000	213 000	−3 000	−162 000
Total Long-Term Debt	15 112 000	16 493 000	18 689 000	18 292 000
Total Current Debt	15 000	15 000	38 000	163 000
Total Equity and Debt	15 341 000	16 721 000	18 725 000	18 293 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 065 000	1 666 000	1 600 000	250 000
Other Income	0	0	0	0
Revenue	1 065 000	1 666 000	1 600 000	250 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	528 000	425 000	400 000	0
Impairment	0	0	0	0
Expenditure	576 000	645 000	536 000	148 000
Operating Profit	489 000	1 022 000	1 064 000	102 000
Financial Income	0	0	0	0
Financial Costs	489 000	745 000	860 000	1 000
Financial Balance	−489 000	−745 000	−860 000	−1 000
Dividends	0	0	0	0
Net Income	0	216 000	159 000	232 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	25 000	25 000	86 000	131 000
Real Eastate	15 272 000	15 800 000	18 639 000	18 162 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 272 000	15 800 000	18 639 000	18 162 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 297 000	15 825 000	18 725 000	18 293 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	44 000	48 000	0	0
Total Current Assets	44 000	896 000	0	0
Total Assets	15 341 000	16 721 000	18 725 000	18 293 000
Total Equity	213 000	213 000	−3 000	−162 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 112 000	16 493 000	18 689 000	18 292 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	15 000	15 000	38 000	163 000
Total Current Debt	15 000	15 000	38 000	163 000
Total Equity and Debt	15 341 000	16 721 000	18 725 000	18 293 000

Financial indicators	2021	2020	2019	2018
Return on Equity	0 %	101,41 %	−5 300 %	−143,21 %
Debt-to-Equity Ratio	70,95	77,43	−6 229,67	−112,91
Operating Profit Margin	45,92 %	61,34 %	66,5 %	40,8 %
Current Ratio	2,93	59,73	0	0
Quick Ratio	2,93	59,73	0	0
Equity Ratio	0,01	0,01	−0	−0,01
Gross Profit Margin	100 %	100 %	100 %	100 %