SEA SERVICE EIENDOM AS

9381 TORSKEN

Finances

Share Ownership

Return on Equity

7,04 %

Current Ratio

6,79

Debt-to-Equity Ratio

1,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	398 000	259 000	78 000	78 000
Net Income	317 000	−178 000	−31 000	12 000
Total Assets	10 820 000	10 868 000	11 494 000	5 216 000
Total Equity	4 505 000	4 188 000	4 366 000	4 397 000

Income (NOK)	2022	2021	2020	2019
Revenue	398 000	259 000	78 000	78 000
Expenditure	303 000	327 000	85 000	67 000
Operating Profit	95 000	−69 000	−7 000	11 000
Financial Income	409 000	0	3 000	9 000
Financial Costs	213 000	160 000	36 000	4 000
Financial Balance	196 000	−160 000	−33 000	5 000
Earnings Before Tax	291 000	−228 000	−39 000	16 000
Tax	−26 000	−50 000	−9 000	4 000
Net Income	317 000	−178 000	−31 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 216 000	10 794 000	11 048 000	5 173 000
Total Current Assets	604 000	74 000	446 000	44 000
Total Assets	10 820 000	10 868 000	11 494 000	5 216 000
Total Retained Equity	4 140 000	3 823 000	4 001 000	4 032 000
Total Equity	4 505 000	4 188 000	4 366 000	4 397 000
Total Long-Term Debt	6 227 000	6 600 000	7 019 000	658 000
Total Current Debt	89 000	80 000	109 000	162 000
Total Equity and Debt	10 820 000	10 868 000	11 494 000	5 216 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	398 000	259 000	78 000	78 000
Revenue	398 000	259 000	78 000	78 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	205 000	202 000	58 000	9 000
Impairment	0	0	0	0
Expenditure	303 000	327 000	85 000	67 000
Operating Profit	95 000	−69 000	−7 000	11 000
Financial Income	409 000	0	3 000	9 000
Financial Costs	213 000	160 000	36 000	4 000
Financial Balance	196 000	−160 000	−33 000	5 000
Dividends	0	0	0	0
Net Income	317 000	−178 000	−31 000	12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 450 000	9 650 000	9 849 000	169 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	47 000	0	0
Total Tangible Assets	9 492 000	9 697 000	9 849 000	169 000
Total Fiancial Fixed Assets	724 000	1 097 000	1 199 000	5 004 000
Total Fixed Assets	10 216 000	10 794 000	11 048 000	5 173 000
Stock	472 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 000	66 000	439 000	31 000
Total Current Assets	604 000	74 000	446 000	44 000
Total Assets	10 820 000	10 868 000	11 494 000	5 216 000
Total Equity	4 505 000	4 188 000	4 366 000	4 397 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 227 000	6 600 000	7 019 000	658 000
Creditors	0	0	1 000	3 000
Unpaid Taxes	0	0	−7 000	0
Dividends	0	0	0	0
Other Current Debt	1 000	0	0	16 000
Total Current Debt	89 000	80 000	109 000	162 000
Total Equity and Debt	10 820 000	10 868 000	11 494 000	5 216 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,04 %	−4,25 %	−0,71 %	0,27 %
Debt-to-Equity Ratio	1,38	1,58	1,61	0,15
Operating Profit Margin	23,87 %	−26,64 %	−8,97 %	14,1 %
Current Ratio	6,79	0,93	4,09	0,27
Quick Ratio	−1,58	0,93	4,09	0,27
Equity Ratio	0,42	0,39	0,38	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %