SEASIDE AS

5600 NORHEIMSUND

Finances

Return on Equity

104,58 %

Current Ratio

1,34

Debt-to-Equity Ratio

−2,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	773 000	591 000	430 000	588 000
Net Income	−1 988 000	−102 000	−90 000	−215 000
Total Assets	4 029 000	3 906 000	3 339 000	3 558 000
Total Equity	−1 901 000	87 000	189 000	279 000

Income (NOK)	2022	2021	2020	2019
Revenue	773 000	591 000	430 000	588 000
Expenditure	3 315 000	677 000	487 000	804 000
Operating Profit	−2 542 000	−87 000	−56 000	−217 000
Financial Income	653 000	3 000	5 000	2 000
Financial Costs	173 000	47 000	64 000	61 000
Financial Balance	480 000	−44 000	−59 000	−59 000
Earnings Before Tax	−2 062 000	−131 000	−116 000	−276 000
Tax	−74 000	−29 000	−26 000	−61 000
Net Income	−1 988 000	−102 000	−90 000	−215 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 246 000	2 890 000	3 132 000	3 395 000
Total Current Assets	783 000	1 016 000	207 000	163 000
Total Assets	4 029 000	3 906 000	3 339 000	3 558 000
Total Retained Equity	−2 144 000	−155 000	−54 000	37 000
Total Equity	−1 901 000	87 000	189 000	279 000
Total Long-Term Debt	5 345 000	3 710 000	3 087 000	3 174 000
Total Current Debt	585 000	109 000	64 000	105 000
Total Equity and Debt	4 029 000	3 906 000	3 339 000	3 558 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	435 000	336 000	183 000	276 000
Other Income	337 000	255 000	247 000	312 000
Revenue	773 000	591 000	430 000	588 000
Cost of Goods Sold	0	1 000	0	51 000
Salary Costs	34 000	140 000	22 000	198 000
Depreciation	373 000	267 000	263 000	284 000
Impairment	0	0	0	0
Expenditure	3 315 000	677 000	487 000	804 000
Operating Profit	−2 542 000	−87 000	−56 000	−217 000
Financial Income	653 000	3 000	5 000	2 000
Financial Costs	173 000	47 000	64 000	61 000
Financial Balance	480 000	−44 000	−59 000	−59 000
Dividends	0	0	0	0
Net Income	−1 988 000	−102 000	−90 000	−215 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 740 000	1 908 000	2 098 000	2 288 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	371 000	98 000	150 000	222 000
Total Tangible Assets	3 111 000	2 005 000	2 248 000	2 510 000
Total Fiancial Fixed Assets	135 000	885 000	885 000	885 000
Total Fixed Assets	3 246 000	2 890 000	3 132 000	3 395 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	48 000	992 000	201 000	111 000
Total Current Assets	783 000	1 016 000	207 000	163 000
Total Assets	4 029 000	3 906 000	3 339 000	3 558 000
Total Equity	−1 901 000	87 000	189 000	279 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 345 000	3 710 000	3 087 000	3 174 000
Creditors	514 000	25 000	4 000	35 000
Unpaid Taxes	1 000	17 000	24 000	10 000
Dividends	0	0	0	0
Other Current Debt	70 000	60 000	36 000	60 000
Total Current Debt	585 000	109 000	64 000	105 000
Total Equity and Debt	4 029 000	3 906 000	3 339 000	3 558 000

Financial indicators	2022	2021	2020	2019
Return on Equity	104,58 %	−117,24 %	−47,62 %	−77,06 %
Debt-to-Equity Ratio	−2,81	42,64	16,33	11,38
Operating Profit Margin	−328,85 %	−14,72 %	−13,02 %	−36,9 %
Current Ratio	1,34	9,32	3,23	1,55
Quick Ratio	1,34	9,32	3,23	1,55
Equity Ratio	−0,47	0,02	0,06	0,08
Gross Profit Margin	100 %	99,83 %	100 %	91,33 %