SILVER SEA TC AS

5011 BERGEN

Finances

Return on Equity

99,2 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	879 080 000	552 947 000	425 101 000	336 493 000
Net Income	23 627 000	9 559 000	813 000	−536 000
Total Assets	131 436 000	97 331 000	54 944 000	45 602 000
Total Equity	23 817 000	15 189 000	14 630 000	13 817 000

Income (NOK)	2022	2021	2020	2019
Revenue	879 080 000	552 947 000	425 101 000	336 493 000
Expenditure	668 000	464 000	397 000	434 000
Operating Profit	19 772 000	12 137 000	−327 000	−428 000
Financial Income	3 983 000	328 000	1 140 000	217 000
Financial Costs	0	2 906 000	1 000	325 000
Financial Balance	3 983 000	−2 578 000	1 139 000	−108 000
Earnings Before Tax	23 755 000	9 559 000	813 000	−536 000
Tax	128 000	0	0	0
Net Income	23 627 000	9 559 000	813 000	−536 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	345 000	466 000	944 000	941 000
Total Current Assets	131 092 000	96 865 000	54 000 000	44 661 000
Total Assets	131 436 000	97 331 000	54 944 000	45 602 000
Total Retained Equity	23 717 000	15 089 000	14 530 000	13 717 000
Total Equity	23 817 000	15 189 000	14 630 000	13 817 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	107 620 000	82 142 000	40 314 000	31 785 000
Total Equity and Debt	131 436 000	97 331 000	54 944 000	45 602 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	878 889 000	551 598 000	425 083 000	335 705 000
Other Income	191 000	1 349 000	17 000	788 000
Revenue	879 080 000	552 947 000	425 101 000	336 493 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	121 000	131 000	68 000	22 000
Impairment	0	0	0	0
Expenditure	668 000	464 000	397 000	434 000
Operating Profit	19 772 000	12 137 000	−327 000	−428 000
Financial Income	3 983 000	328 000	1 140 000	217 000
Financial Costs	0	2 906 000	1 000	325 000
Financial Balance	3 983 000	−2 578 000	1 139 000	−108 000
Dividends	15 000 000	9 000 000	0	0
Net Income	23 627 000	9 559 000	813 000	−536 000

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	40 000	161 000	640 000	637 000
Total Tangible Assets	40 000	161 000	640 000	637 000
Total Fiancial Fixed Assets	304 000	304 000	304 000	304 000
Total Fixed Assets	345 000	466 000	944 000	941 000
Stock	31 786 000	15 020 000	9 143 000	9 701 000
Total Investments	0	0	0	0
Cash, Bank	64 652 000	46 216 000	31 633 000	24 514 000
Total Current Assets	131 092 000	96 865 000	54 000 000	44 661 000
Total Assets	131 436 000	97 331 000	54 944 000	45 602 000
Total Equity	23 817 000	15 189 000	14 630 000	13 817 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	81 755 000	60 210 000	34 469 000	27 407 000
Unpaid Taxes	0	518 000	167 000	815 000
Dividends	15 000 000	9 000 000	0	0
Other Current Debt	25 737 000	21 414 000	5 679 000	3 564 000
Total Current Debt	107 620 000	82 142 000	40 314 000	31 785 000
Total Equity and Debt	131 436 000	97 331 000	54 944 000	45 602 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,2 %	62,93 %	5,56 %	−3,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,25 %	2,19 %	−0,08 %	−0,13 %
Current Ratio	1,22	1,18	1,34	1,41
Quick Ratio	1,73	1,44	1,73	2,02
Equity Ratio	0,18	0,16	0,27	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %