SEA-SERVICE AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

65,27 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	118 492 000	63 130 000	46 945 000	119 752 000
Net Income	6 400 000	−6 962 000	−4 614 000	5 666 000
Total Assets	51 601 000	40 889 000	31 487 000	33 051 000
Total Equity	9 805 000	3 405 000	10 368 000	14 981 000

Income (NOK)	2022	2021	2020	2019
Revenue	118 492 000	63 130 000	46 945 000	119 752 000
Expenditure	108 851 000	71 022 000	52 249 000	112 142 000
Operating Profit	9 640 000	−7 892 000	−5 303 000	7 610 000
Financial Income	60 000	27 000	152 000	147 000
Financial Costs	1 755 000	770 000	744 000	453 000
Financial Balance	−1 695 000	−743 000	−592 000	−306 000
Earnings Before Tax	7 945 000	−8 636 000	−5 895 000	7 304 000
Tax	1 545 000	−1 674 000	−1 282 000	1 639 000
Net Income	6 400 000	−6 962 000	−4 614 000	5 666 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 326 000	12 547 000	13 465 000	8 546 000
Total Current Assets	37 275 000	28 342 000	18 022 000	24 505 000
Total Assets	51 601 000	40 889 000	31 487 000	33 051 000
Total Retained Equity	9 704 000	3 305 000	10 267 000	14 881 000
Total Equity	9 805 000	3 405 000	10 368 000	14 981 000
Total Long-Term Debt	9 302 000	7 273 000	10 804 000	3 937 000
Total Current Debt	32 494 000	30 210 000	10 316 000	14 132 000
Total Equity and Debt	51 601 000	40 889 000	31 487 000	33 051 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	118 486 000	63 084 000	46 783 000	119 752 000
Other Income	6 000	45 000	162 000	0
Revenue	118 492 000	63 130 000	46 945 000	119 752 000
Cost of Goods Sold	59 046 000	34 937 000	22 653 000	77 453 000
Salary Costs	28 070 000	19 555 000	15 998 000	17 603 000
Depreciation	1 913 000	1 950 000	1 558 000	1 045 000
Impairment	0	0	0	0
Expenditure	108 851 000	71 022 000	52 249 000	112 142 000
Operating Profit	9 640 000	−7 892 000	−5 303 000	7 610 000
Financial Income	60 000	27 000	152 000	147 000
Financial Costs	1 755 000	770 000	744 000	453 000
Financial Balance	−1 695 000	−743 000	−592 000	−306 000
Dividends	0	0	0	0
Net Income	6 400 000	−6 962 000	−4 614 000	5 666 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	695 000	695 000	695 000	695 000
Machinery and Plant Facilities	2 224 000	1 003 000	1 226 000	0
Fixtures	2 472 000	3 111 000	3 235 000	3 840 000
Total Tangible Assets	14 326 000	12 547 000	13 465 000	8 546 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 326 000	12 547 000	13 465 000	8 546 000
Stock	11 724 000	10 220 000	4 454 000	1 393 000
Total Investments	0	0	0	0
Cash, Bank	1 117 000	835 000	1 827 000	766 000
Total Current Assets	37 275 000	28 342 000	18 022 000	24 505 000
Total Assets	51 601 000	40 889 000	31 487 000	33 051 000
Total Equity	9 805 000	3 405 000	10 368 000	14 981 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 302 000	7 273 000	10 804 000	3 937 000
Creditors	14 400 000	11 185 000	4 023 000	8 372 000
Unpaid Taxes	3 566 000	2 712 000	2 917 000	2 928 000
Dividends	0	0	0	0
Other Current Debt	5 896 000	16 313 000	3 375 000	2 004 000
Total Current Debt	32 494 000	30 210 000	10 316 000	14 132 000
Total Equity and Debt	51 601 000	40 889 000	31 487 000	33 051 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,27 %	−204,46 %	−44,5 %	37,82 %
Debt-to-Equity Ratio	0,95	2,14	1,04	0,26
Operating Profit Margin	8,14 %	−12,5 %	−11,3 %	6,35 %
Current Ratio	1,15	0,94	1,75	1,73
Quick Ratio	1,79	1,42	3,07	1,92
Equity Ratio	0,19	0,08	0,33	0,45
Gross Profit Margin	50,17 %	44,66 %	51,75 %	35,32 %