SEADREAM YACHT CLUB MANAGEMENT AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

−15,2 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 581 000	20 453 000	22 265 000	41 934 000
Net Income	−361 000	173 000	−209 000	147 000
Total Assets	46 803 000	9 748 000	10 162 000	10 967 000
Total Equity	2 375 000	2 736 000	2 563 000	2 771 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 581 000	20 453 000	22 265 000	41 934 000
Expenditure	19 875 000	19 555 000	21 262 000	40 016 000
Operating Profit	707 000	897 000	1 004 000	1 918 000
Financial Income	177 000	169 000	163 000	7 000
Financial Costs	1 330 000	844 000	1 433 000	1 726 000
Financial Balance	−1 153 000	−675 000	−1 270 000	−1 719 000
Earnings Before Tax	−446 000	222 000	−266 000	199 000
Tax	−86 000	49 000	−58 000	53 000
Net Income	−361 000	173 000	−209 000	147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	513 000	639 000	994 000	840 000
Total Current Assets	46 290 000	9 109 000	9 168 000	10 127 000
Total Assets	46 803 000	9 748 000	10 162 000	10 967 000
Total Retained Equity	−273 000	88 000	−86 000	123 000
Total Equity	2 375 000	2 736 000	2 563 000	2 771 000
Total Long-Term Debt	0	61 000	305 000	550 000
Total Current Debt	44 428 000	6 951 000	7 293 000	7 646 000
Total Equity and Debt	46 803 000	9 748 000	10 162 000	10 967 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 138 000	18 548 000	20 313 000	40 167 000
Other Income	443 000	1 905 000	1 952 000	1 768 000
Revenue	20 581 000	20 453 000	22 265 000	41 934 000
Cost of Goods Sold	0	0	0	0
Salary Costs	15 509 000	13 177 000	13 316 000	20 661 000
Depreciation	254 000	306 000	274 000	264 000
Impairment	0	0	0	0
Expenditure	19 875 000	19 555 000	21 262 000	40 016 000
Operating Profit	707 000	897 000	1 004 000	1 918 000
Financial Income	177 000	169 000	163 000	7 000
Financial Costs	1 330 000	844 000	1 433 000	1 726 000
Financial Balance	−1 153 000	−675 000	−1 270 000	−1 719 000
Dividends	0	0	0	0
Net Income	−361 000	173 000	−209 000	147 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	214 000	129 000	293 000	120 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	299 000	510 000	701 000	719 000
Total Tangible Assets	299 000	510 000	701 000	719 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	513 000	639 000	994 000	840 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	557 000	681 000	606 000	863 000
Total Current Assets	46 290 000	9 109 000	9 168 000	10 127 000
Total Assets	46 803 000	9 748 000	10 162 000	10 967 000
Total Equity	2 375 000	2 736 000	2 563 000	2 771 000
Short-Term Group Debt	39 885 000	928 000	902 000	932 000
Total Long-Term Debt	0	61 000	305 000	550 000
Creditors	2 101 000	3 867 000	4 281 000	3 781 000
Unpaid Taxes	1 060 000	1 006 000	1 014 000	1 018 000
Dividends	0	0	0	0
Other Current Debt	1 382 000	1 150 000	982 000	1 914 000
Total Current Debt	44 428 000	6 951 000	7 293 000	7 646 000
Total Equity and Debt	46 803 000	9 748 000	10 162 000	10 967 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,2 %	6,32 %	−8,15 %	5,3 %
Debt-to-Equity Ratio	0	0,02	0,12	0,2
Operating Profit Margin	3,44 %	4,39 %	4,51 %	4,57 %
Current Ratio	1,04	1,31	1,26	1,32
Quick Ratio	1,04	1,31	1,26	1,32
Equity Ratio	0,05	0,28	0,25	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %