SETHO FISKERISELSKAP AS

4625 FLEKKERØY

Finances

Return on Equity

−17,17 %

Current Ratio

2,86

Debt-to-Equity Ratio

3,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 613 000	18 288 000	19 186 000	16 528 000
Net Income	−4 247 000	638 000	449 000	1 553 000
Total Assets	125 578 000	49 404 000	52 586 000	54 741 000
Total Equity	24 740 000	26 686 000	26 049 000	25 600 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 613 000	18 288 000	19 186 000	16 528 000
Expenditure	18 338 000	15 747 000	17 997 000	13 618 000
Operating Profit	1 275 000	2 541 000	1 190 000	2 911 000
Financial Income	1 603 000	84 000	91 000	26 000
Financial Costs	7 902 000	1 808 000	699 000	946 000
Financial Balance	−6 299 000	−1 724 000	−608 000	−920 000
Earnings Before Tax	−5 024 000	818 000	582 000	1 991 000
Tax	−777 000	180 000	133 000	438 000
Net Income	−4 247 000	638 000	449 000	1 553 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	115 529 000	44 142 000	31 837 000	38 804 000
Total Current Assets	10 049 000	5 262 000	20 749 000	15 936 000
Total Assets	125 578 000	49 404 000	52 586 000	54 741 000
Total Retained Equity	4 947 000	9 194 000	8 556 000	8 107 000
Total Equity	24 740 000	26 686 000	26 049 000	25 600 000
Total Long-Term Debt	97 325 000	20 639 000	22 658 000	25 125 000
Total Current Debt	3 513 000	2 079 000	3 879 000	4 016 000
Total Equity and Debt	125 578 000	49 404 000	52 586 000	54 741 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 555 000	17 511 000	18 500 000	15 940 000
Other Income	1 058 000	777 000	686 000	589 000
Revenue	19 613 000	18 288 000	19 186 000	16 528 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 664 000	6 427 000	7 249 000	5 764 000
Depreciation	2 099 000	1 168 000	1 098 000	1 739 000
Impairment	0	0	0	0
Expenditure	18 338 000	15 747 000	17 997 000	13 618 000
Operating Profit	1 275 000	2 541 000	1 190 000	2 911 000
Financial Income	1 603 000	84 000	91 000	26 000
Financial Costs	7 902 000	1 808 000	699 000	946 000
Financial Balance	−6 299 000	−1 724 000	−608 000	−920 000
Dividends	0	0	0	0
Net Income	−4 247 000	638 000	449 000	1 553 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 610 000	20 606 000	21 356 000	22 015 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	258 000	0	0	0
Fixtures	3 201 000	550 000	649 000	808 000
Total Tangible Assets	89 273 000	550 000	649 000	6 858 000
Total Fiancial Fixed Assets	5 647 000	22 987 000	9 831 000	9 932 000
Total Fixed Assets	115 529 000	44 142 000	31 837 000	38 804 000
Stock	0	188 000	0	0
Total Investments	0	0	0	0
Cash, Bank	4 962 000	2 841 000	17 009 000	15 677 000
Total Current Assets	10 049 000	5 262 000	20 749 000	15 936 000
Total Assets	125 578 000	49 404 000	52 586 000	54 741 000
Total Equity	24 740 000	26 686 000	26 049 000	25 600 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	97 325 000	20 639 000	22 658 000	25 125 000
Creditors	1 187 000	639 000	1 257 000	301 000
Unpaid Taxes	1 540 000	959 000	1 102 000	1 019 000
Dividends	0	0	0	0
Other Current Debt	787 000	279 000	714 000	2 198 000
Total Current Debt	3 513 000	2 079 000	3 879 000	4 016 000
Total Equity and Debt	125 578 000	49 404 000	52 586 000	54 741 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,17 %	2,39 %	1,72 %	6,07 %
Debt-to-Equity Ratio	3,93	0,77	0,87	0,98
Operating Profit Margin	6,5 %	13,89 %	6,2 %	17,61 %
Current Ratio	2,86	2,53	5,35	3,97
Quick Ratio	2,86	2,78	5,35	3,97
Equity Ratio	0,2	0,54	0,5	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %