SEAWAY SYSTEMS AS

4319 SANDNES

Finances

Share Ownership

Return on Equity

44,03 %

Current Ratio

12,32

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 624 000	689 000	342 000	308 000
Net Income	107 000	82 000	19 000	−39 000
Total Assets	271 000	150 000	54 000	44 000
Total Equity	243 000	136 000	54 000	35 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 624 000	689 000	342 000	308 000
Expenditure	3 720 000	560 000	321 000	348 000
Operating Profit	−96 000	128 000	21 000	−41 000
Financial Income	94 000	2 000	3 000	5 000
Financial Costs	−118 000	49 000	5 000	3 000
Financial Balance	212 000	−47 000	−2 000	2 000
Earnings Before Tax	117 000	82 000	19 000	−39 000
Tax	10 000	0	0	0
Net Income	107 000	82 000	19 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	271 000	150 000	54 000	44 000
Total Assets	271 000	150 000	54 000	44 000
Total Retained Equity	143 000	36 000	−46 000	−65 000
Total Equity	243 000	136 000	54 000	35 000
Total Long-Term Debt	6 000	0	0	0
Total Current Debt	22 000	15 000	0	10 000
Total Equity and Debt	271 000	150 000	54 000	44 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 624 000	689 000	342 000	308 000
Other Income	0	0	0	0
Revenue	3 624 000	689 000	342 000	308 000
Cost of Goods Sold	3 402 000	253 000	226 000	243 000
Salary Costs	95 000	38 000	4 000	37 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 720 000	560 000	321 000	348 000
Operating Profit	−96 000	128 000	21 000	−41 000
Financial Income	94 000	2 000	3 000	5 000
Financial Costs	−118 000	49 000	5 000	3 000
Financial Balance	212 000	−47 000	−2 000	2 000
Dividends	0	0	0	0
Net Income	107 000	82 000	19 000	−39 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	29 000	22 000	22 000	22 000
Total Investments	0	0	0	0
Cash, Bank	122 000	148 000	1 000	15 000
Total Current Assets	271 000	150 000	54 000	44 000
Total Assets	271 000	150 000	54 000	44 000
Total Equity	243 000	136 000	54 000	35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	0	0	0
Creditors	2 000	5 000	0	6 000
Unpaid Taxes	1 000	5 000	0	0
Dividends	0	0	0	0
Other Current Debt	15 000	5 000	0	3 000
Total Current Debt	22 000	15 000	0	10 000
Total Equity and Debt	271 000	150 000	54 000	44 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,03 %	60,29 %	35,19 %	−111,43 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	−2,65 %	18,58 %	6,14 %	−13,31 %
Current Ratio	12,32	10	-	4,4
Quick Ratio	−38,71	−21,43	−2,45	−3,67
Equity Ratio	0,9	0,91	1	0,8
Gross Profit Margin	6,13 %	63,28 %	33,92 %	21,1 %