SEAFARM SOLUTIONS AS

5725 VAKSDAL

Finances

Share Ownership

Return on Equity

−36,55 %

Current Ratio

2,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	44 000	1 086 000	678 000
Net Income	−829 000	−921 000	34 000	46 000
Total Assets	2 503 000	2 676 000	3 702 000	4 087 000
Total Equity	2 268 000	−489 000	433 000	399 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	44 000	1 086 000	678 000
Expenditure	826 000	944 000	912 000	628 000
Operating Profit	−827 000	−922 000	34 000	50 000
Financial Income	1 000	3 000	1 000	0
Financial Costs	3 000	2 000	1 000	4 000
Financial Balance	−2 000	1 000	0	−4 000
Earnings Before Tax	−829 000	−921 000	34 000	46 000
Tax	0	0	0	0
Net Income	−829 000	−921 000	34 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 816 000	2 398 000	2 980 000	3 563 000
Total Current Assets	687 000	278 000	722 000	524 000
Total Assets	2 503 000	2 676 000	3 702 000	4 087 000
Total Retained Equity	987 000	−1 020 000	−99 000	−133 000
Total Equity	2 268 000	−489 000	433 000	399 000
Total Long-Term Debt	0	2 903 000	2 903 000	3 449 000
Total Current Debt	234 000	261 000	366 000	239 000
Total Equity and Debt	2 503 000	2 676 000	3 702 000	4 087 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	44 000	540 000	−80 000
Other Income	0	0	546 000	758 000
Revenue	0	44 000	1 086 000	678 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	582 000	582 000	582 000	582 000
Impairment	0	0	0	0
Expenditure	826 000	944 000	912 000	628 000
Operating Profit	−827 000	−922 000	34 000	50 000
Financial Income	1 000	3 000	1 000	0
Financial Costs	3 000	2 000	1 000	4 000
Financial Balance	−2 000	1 000	0	−4 000
Dividends	0	0	0	0
Net Income	−829 000	−921 000	34 000	46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 816 000	2 398 000	2 980 000	3 563 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 816 000	2 398 000	2 980 000	3 563 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	670 000	196 000	8 000	398 000
Total Current Assets	687 000	278 000	722 000	524 000
Total Assets	2 503 000	2 676 000	3 702 000	4 087 000
Total Equity	2 268 000	−489 000	433 000	399 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 903 000	2 903 000	3 449 000
Creditors	19 000	46 000	151 000	24 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	215 000	215 000	215 000	215 000
Total Current Debt	234 000	261 000	366 000	239 000
Total Equity and Debt	2 503 000	2 676 000	3 702 000	4 087 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−36,55 %	188,34 %	7,85 %	11,53 %
Debt-to-Equity Ratio	0	−5,94	6,7	8,64
Operating Profit Margin	-	−2 095,45 %	3,13 %	7,37 %
Current Ratio	2,94	1,07	1,97	2,19
Quick Ratio	2,94	1,07	1,97	2,19
Equity Ratio	0,91	−0,18	0,12	0,1
Gross Profit Margin	-	100 %	100 %	100 %