SEA TEX AS

4380 HAUGE I DALANE

Finances

Share Ownership

Return on Equity

7,92 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 495 000	2 016 000	2 089 000	2 130 000
Net Income	21 000	−6 000	−16 000	24 000
Total Assets	767 000	532 000	599 000	682 000
Total Equity	265 000	244 000	250 000	266 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 495 000	2 016 000	2 089 000	2 130 000
Expenditure	2 476 000	2 022 000	2 097 000	2 047 000
Operating Profit	19 000	−6 000	−7 000	83 000
Financial Income	11 000	1 000	1 000	3 000
Financial Costs	2 000	2 000	14 000	2 000
Financial Balance	9 000	−1 000	−13 000	1 000
Earnings Before Tax	27 000	−7 000	−21 000	84 000
Tax	6 000	−2 000	−5 000	60 000
Net Income	21 000	−6 000	−16 000	24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	32 000	36 000	45 000
Total Current Assets	730 000	500 000	563 000	637 000
Total Assets	767 000	532 000	599 000	682 000
Total Retained Equity	165 000	144 000	150 000	166 000
Total Equity	265 000	244 000	250 000	266 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	502 000	288 000	349 000	415 000
Total Equity and Debt	767 000	532 000	599 000	682 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 425 000	1 954 000	2 059 000	2 130 000
Other Income	70 000	62 000	30 000	0
Revenue	2 495 000	2 016 000	2 089 000	2 130 000
Cost of Goods Sold	562 000	388 000	417 000	412 000
Salary Costs	1 703 000	1 458 000	1 444 000	1 456 000
Depreciation	10 000	6 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	2 476 000	2 022 000	2 097 000	2 047 000
Operating Profit	19 000	−6 000	−7 000	83 000
Financial Income	11 000	1 000	1 000	3 000
Financial Costs	2 000	2 000	14 000	2 000
Financial Balance	9 000	−1 000	−13 000	1 000
Dividends	0	0	0	0
Net Income	21 000	−6 000	−16 000	24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	21 000	20 000	23 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	22 000	11 000	17 000	22 000
Fixtures	0	0	0	0
Total Tangible Assets	22 000	11 000	17 000	22 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	37 000	32 000	36 000	45 000
Stock	422 000	186 000	230 000	230 000
Total Investments	0	0	0	0
Cash, Bank	202 000	171 000	60 000	239 000
Total Current Assets	730 000	500 000	563 000	637 000
Total Assets	767 000	532 000	599 000	682 000
Total Equity	265 000	244 000	250 000	266 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	91 000	0	67 000	7 000
Unpaid Taxes	237 000	165 000	159 000	162 000
Dividends	0	0	0	0
Other Current Debt	173 000	123 000	123 000	239 000
Total Current Debt	502 000	288 000	349 000	415 000
Total Equity and Debt	767 000	532 000	599 000	682 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,92 %	−2,46 %	−6,4 %	9,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,76 %	−0,3 %	−0,34 %	3,9 %
Current Ratio	1,45	1,74	1,61	1,53
Quick Ratio	9,13	4,9	4,73	3,44
Equity Ratio	0,35	0,46	0,42	0,39
Gross Profit Margin	77,47 %	80,75 %	80,04 %	80,66 %