SEASTYLE AS

0773 OSLO

Finances

Share Ownership

Return on Equity

−17,89 %

Current Ratio

2,47

Debt-to-Equity Ratio

−2,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 409 000	3 411 000	2 304 000	3 226 000
Net Income	124 000	78 000	−181 000	45 000
Total Assets	1 234 000	1 669 000	1 574 000	1 503 000
Total Equity	−693 000	−816 000	−894 000	−713 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 409 000	3 411 000	2 304 000	3 226 000
Expenditure	2 202 000	3 266 000	2 379 000	3 077 000
Operating Profit	207 000	144 000	−74 000	150 000
Financial Income	33 000	50 000	51 000	8 000
Financial Costs	116 000	116 000	158 000	112 000
Financial Balance	−83 000	−66 000	−107 000	−104 000
Earnings Before Tax	124 000	78 000	−181 000	45 000
Tax	0	0	0	0
Net Income	124 000	78 000	−181 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	8 000	20 000
Total Current Assets	1 234 000	1 669 000	1 566 000	1 483 000
Total Assets	1 234 000	1 669 000	1 574 000	1 503 000
Total Retained Equity	−1 393 000	−1 516 000	−1 594 000	−1 413 000
Total Equity	−693 000	−816 000	−894 000	−713 000
Total Long-Term Debt	1 427 000	1 425 000	1 465 000	900 000
Total Current Debt	500 000	1 060 000	1 003 000	1 316 000
Total Equity and Debt	1 234 000	1 669 000	1 574 000	1 503 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 408 000	3 367 000	2 303 000	3 037 000
Other Income	1 000	44 000	1 000	189 000
Revenue	2 409 000	3 411 000	2 304 000	3 226 000
Cost of Goods Sold	1 387 000	2 331 000	1 752 000	2 303 000
Salary Costs	408 000	411 000	152 000	105 000
Depreciation	0	8 000	11 000	11 000
Impairment	0	0	0	0
Expenditure	2 202 000	3 266 000	2 379 000	3 077 000
Operating Profit	207 000	144 000	−74 000	150 000
Financial Income	33 000	50 000	51 000	8 000
Financial Costs	116 000	116 000	158 000	112 000
Financial Balance	−83 000	−66 000	−107 000	−104 000
Dividends	0	0	0	0
Net Income	124 000	78 000	−181 000	45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	8 000	20 000
Total Tangible Assets	0	0	8 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	8 000	20 000
Stock	1 224 000	1 468 000	1 443 000	1 254 000
Total Investments	0	0	0	0
Cash, Bank	3 000	22 000	32 000	72 000
Total Current Assets	1 234 000	1 669 000	1 566 000	1 483 000
Total Assets	1 234 000	1 669 000	1 574 000	1 503 000
Total Equity	−693 000	−816 000	−894 000	−713 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 427 000	1 425 000	1 465 000	900 000
Creditors	396 000	735 000	640 000	530 000
Unpaid Taxes	5 000	236 000	263 000	85 000
Dividends	0	0	0	0
Other Current Debt	98 000	89 000	101 000	701 000
Total Current Debt	500 000	1 060 000	1 003 000	1 316 000
Total Equity and Debt	1 234 000	1 669 000	1 574 000	1 503 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,89 %	−9,56 %	20,25 %	−6,31 %
Debt-to-Equity Ratio	−2,06	−1,75	−1,64	−1,26
Operating Profit Margin	8,59 %	4,22 %	−3,21 %	4,65 %
Current Ratio	2,47	1,57	1,56	1,13
Quick Ratio	−1,7	−4,09	−3,56	23,92
Equity Ratio	−0,56	−0,49	−0,57	−0,47
Gross Profit Margin	42,42 %	31,66 %	23,96 %	28,61 %