SEASIDE HOLDING AS

5550 SVEIO

Finances

Return on Equity

−36,5 %

Current Ratio

0,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	185 000	6 000	163 000	134 000
Net Income	−188 000	−21 000	40 000	271 000
Total Assets	1 137 000	188 000	428 000	1 354 000
Total Equity	515 000	703 000	724 000	854 000

Income (NOK)	2022	2021	2020	2019
Revenue	185 000	6 000	163 000	134 000
Expenditure	474 000	127 000	323 000	187 000
Operating Profit	−288 000	−121 000	−160 000	−54 000
Financial Income	200 000	100 000	300 000	324 000
Financial Costs	100 000	0	100 000	0
Financial Balance	100 000	100 000	200 000	324 000
Earnings Before Tax	−188 000	−21 000	40 000	271 000
Tax	0	0	0	0
Net Income	−188 000	−21 000	40 000	271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 006 000	52 000	52 000	1 175 000
Total Current Assets	130 000	136 000	376 000	179 000
Total Assets	1 137 000	188 000	428 000	1 354 000
Total Retained Equity	482 000	670 000	691 000	821 000
Total Equity	515 000	703 000	724 000	854 000
Total Long-Term Debt	2 000	−1 098 000	−1 098 000	0
Total Current Debt	620 000	583 000	802 000	500 000
Total Equity and Debt	1 137 000	188 000	428 000	1 354 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	185 000	6 000	163 000	134 000
Other Income	0	0	0	0
Revenue	185 000	6 000	163 000	134 000
Cost of Goods Sold	432 000	112 000	235 000	144 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	474 000	127 000	323 000	187 000
Operating Profit	−288 000	−121 000	−160 000	−54 000
Financial Income	200 000	100 000	300 000	324 000
Financial Costs	100 000	0	100 000	0
Financial Balance	100 000	100 000	200 000	324 000
Dividends	0	0	300 000	400 000
Net Income	−188 000	−21 000	40 000	271 000

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	1 006 000	52 000	52 000	1 175 000
Total Fixed Assets	1 006 000	52 000	52 000	1 175 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 000	109 000	348 000	150 000
Total Current Assets	130 000	136 000	376 000	179 000
Total Assets	1 137 000	188 000	428 000	1 354 000
Total Equity	515 000	703 000	724 000	854 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	−1 098 000	−1 098 000	0
Creditors	0	15 000	18 000	15 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	300 000	400 000
Other Current Debt	620 000	568 000	484 000	86 000
Total Current Debt	620 000	583 000	802 000	500 000
Total Equity and Debt	1 137 000	188 000	428 000	1 354 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−36,5 %	−2,99 %	5,52 %	31,73 %
Debt-to-Equity Ratio	0	−1,56	−1,52	0
Operating Profit Margin	−155,68 %	−2 016,67 %	−98,16 %	−40,3 %
Current Ratio	0,21	0,23	0,47	0,36
Quick Ratio	0,21	0,23	0,47	0,36
Equity Ratio	0,45	3,74	1,69	0,63
Gross Profit Margin	−133,51 %	−1 766,67 %	−44,17 %	−7,46 %