SEINES RETAIL AS

4836 ARENDAL

Finances

Return on Equity

19,8 %

Current Ratio

4,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 987 000	4 731 000	3 412 000	3 251 000
Net Income	298 000	714 000	546 000	199 000
Total Assets	1 999 000	1 780 000	817 000	514 000
Total Equity	1 505 000	1 207 000	493 000	−53 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 987 000	4 731 000	3 412 000	3 251 000
Expenditure	4 605 000	3 814 000	2 799 000	3 023 000
Operating Profit	383 000	917 000	613 000	228 000
Financial Income	2 000	0	0	0
Financial Costs	2 000	2 000	15 000	35 000
Financial Balance	0	−2 000	−15 000	−35 000
Earnings Before Tax	383 000	916 000	598 000	193 000
Tax	85 000	201 000	52 000	0
Net Income	298 000	714 000	546 000	199 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	2 000	2 000	2 000
Total Current Assets	1 997 000	1 778 000	815 000	512 000
Total Assets	1 999 000	1 780 000	817 000	514 000
Total Retained Equity	1 405 000	1 107 000	393 000	−153 000
Total Equity	1 505 000	1 207 000	493 000	−53 000
Total Long-Term Debt	0	0	0	3 000
Total Current Debt	493 000	573 000	324 000	564 000
Total Equity and Debt	1 999 000	1 780 000	817 000	514 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 987 000	4 731 000	3 391 000	3 251 000
Other Income	0	0	21 000	0
Revenue	4 987 000	4 731 000	3 412 000	3 251 000
Cost of Goods Sold	2 512 000	2 129 000	1 633 000	1 624 000
Salary Costs	1 337 000	939 000	623 000	767 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 605 000	3 814 000	2 799 000	3 023 000
Operating Profit	383 000	917 000	613 000	228 000
Financial Income	2 000	0	0	0
Financial Costs	2 000	2 000	15 000	35 000
Financial Balance	0	−2 000	−15 000	−35 000
Dividends	0	0	0	0
Net Income	298 000	714 000	546 000	199 000

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	2 000	2 000	2 000	2 000
Total Fixed Assets	2 000	2 000	2 000	2 000
Stock	850 000	650 000	528 000	453 000
Total Investments	0	0	0	0
Cash, Bank	1 114 000	1 107 000	271 000	36 000
Total Current Assets	1 997 000	1 778 000	815 000	512 000
Total Assets	1 999 000	1 780 000	817 000	514 000
Total Equity	1 505 000	1 207 000	493 000	−53 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	3 000
Creditors	118 000	171 000	101 000	128 000
Unpaid Taxes	142 000	100 000	84 000	51 000
Dividends	0	0	0	0
Other Current Debt	149 000	101 000	86 000	77 000
Total Current Debt	493 000	573 000	324 000	564 000
Total Equity and Debt	1 999 000	1 780 000	817 000	514 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,8 %	59,15 %	110,75 %	−375,47 %
Debt-to-Equity Ratio	0	0	0	−0,06
Operating Profit Margin	7,68 %	19,38 %	17,97 %	7,01 %
Current Ratio	4,05	3,1	2,52	0,91
Quick Ratio	−5,59	−23,09	−4	4,61
Equity Ratio	0,75	0,68	0,6	−0,1
Gross Profit Margin	49,63 %	55 %	52,14 %	50,05 %