SEA TRADE INVEST AS

3269 LARVIK

Finances

Return on Equity

−21,29 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	941 000	1 079 000	0	0
Net Income	−132 000	12 303 000	1 269 000	361 000
Total Assets	2 021 000	7 467 000	2 049 000	1 815 000
Total Equity	620 000	752 000	549 000	1 315 000

Income (NOK)	2022	2021	2020	2019
Revenue	941 000	1 079 000	0	0
Expenditure	167 000	27 000	18 000	23 000
Operating Profit	774 000	1 052 000	−18 000	−23 000
Financial Income	332 000	12 966 000	1 306 000	640 000
Financial Costs	1 011 000	1 374 000	18 000	257 000
Financial Balance	−679 000	11 592 000	1 288 000	383 000
Earnings Before Tax	94 000	12 643 000	1 269 000	361 000
Tax	226 000	340 000	0	0
Net Income	−132 000	12 303 000	1 269 000	361 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	282 000	302 000	341 000	341 000
Total Current Assets	1 739 000	7 165 000	1 708 000	1 475 000
Total Assets	2 021 000	7 467 000	2 049 000	1 815 000
Total Retained Equity	520 000	652 000	449 000	1 215 000
Total Equity	620 000	752 000	549 000	1 315 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 401 000	6 715 000	1 500 000	500 000
Total Equity and Debt	2 021 000	7 467 000	2 049 000	1 815 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	941 000	1 079 000	0	0
Other Income	0	0	0	0
Revenue	941 000	1 079 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	167 000	27 000	18 000	23 000
Operating Profit	774 000	1 052 000	−18 000	−23 000
Financial Income	332 000	12 966 000	1 306 000	640 000
Financial Costs	1 011 000	1 374 000	18 000	257 000
Financial Balance	−679 000	11 592 000	1 288 000	383 000
Dividends	0	12 100 000	2 035 000	500 000
Net Income	−132 000	12 303 000	1 269 000	361 000

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	282 000	302 000	341 000	341 000
Total Fixed Assets	282 000	302 000	341 000	341 000
Stock	0	0	0	0
Total Investments	1 691 000	2 118 000	1 158 000	1 121 000
Cash, Bank	37 000	5 047 000	528 000	187 000
Total Current Assets	1 739 000	7 165 000	1 708 000	1 475 000
Total Assets	2 021 000	7 467 000	2 049 000	1 815 000
Total Equity	620 000	752 000	549 000	1 315 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	12 100 000	2 035 000	500 000
Other Current Debt	1 175 000	6 375 000	0	0
Total Current Debt	1 401 000	6 715 000	1 500 000	500 000
Total Equity and Debt	2 021 000	7 467 000	2 049 000	1 815 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,29 %	1 636,04 %	231,15 %	27,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	82,25 %	97,5 %	-	-
Current Ratio	1,24	1,07	1,14	2,95
Quick Ratio	1,24	1,07	1,14	2,95
Equity Ratio	0,31	0,1	0,27	0,72
Gross Profit Margin	100 %	100 %	-	-