SEAWALK AS

5035 BERGEN

Finances

Return on Equity

−35,46 %

Current Ratio

1,31

Debt-to-Equity Ratio

1,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	102 000	417 000	2 478 000	20 799 000
Net Income	−1 579 000	−1 746 000	−4 373 000	1 770 000
Total Assets	12 470 000	13 602 000	16 491 000	18 975 000
Total Equity	4 453 000	6 032 000	7 778 000	12 151 000

Income (NOK)	2022	2021	2020	2019
Revenue	102 000	417 000	2 478 000	20 799 000
Expenditure	1 869 000	1 952 000	5 132 000	19 373 000
Operating Profit	−1 768 000	−1 534 000	−2 653 000	1 427 000
Financial Income	85 000	2 000	897 000	763 000
Financial Costs	−46 000	214 000	3 120 000	354 000
Financial Balance	131 000	−212 000	−2 223 000	409 000
Earnings Before Tax	−1 637 000	−1 746 000	−4 876 000	1 837 000
Tax	−58 000	0	−503 000	66 000
Net Income	−1 579 000	−1 746 000	−4 373 000	1 770 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 460 000	9 001 000	8 137 000	8 052 000
Total Current Assets	3 010 000	4 601 000	8 355 000	10 923 000
Total Assets	12 470 000	13 602 000	16 491 000	18 975 000
Total Retained Equity	4 348 000	5 927 000	7 673 000	12 046 000
Total Equity	4 453 000	6 032 000	7 778 000	12 151 000
Total Long-Term Debt	5 719 000	5 700 000	6 000 000	2 390 000
Total Current Debt	2 298 000	1 871 000	2 713 000	4 433 000
Total Equity and Debt	12 470 000	13 602 000	16 491 000	18 975 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 000	157 000	2 381 000	20 799 000
Other Income	99 000	261 000	98 000	0
Revenue	102 000	417 000	2 478 000	20 799 000
Cost of Goods Sold	0	246 000	1 082 000	14 303 000
Salary Costs	818 000	685 000	2 072 000	2 251 000
Depreciation	133 000	133 000	134 000	114 000
Impairment	0	0	0	0
Expenditure	1 869 000	1 952 000	5 132 000	19 373 000
Operating Profit	−1 768 000	−1 534 000	−2 653 000	1 427 000
Financial Income	85 000	2 000	897 000	763 000
Financial Costs	−46 000	214 000	3 120 000	354 000
Financial Balance	131 000	−212 000	−2 223 000	409 000
Dividends	0	0	0	0
Net Income	−1 579 000	−1 746 000	−4 373 000	1 770 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 310 000	1 443 000	1 576 000	1 531 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	16 000
Total Tangible Assets	0	0	0	16 000
Total Fiancial Fixed Assets	8 150 000	7 558 000	6 561 000	6 505 000
Total Fixed Assets	9 460 000	9 001 000	8 137 000	8 052 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	646 000	1 370 000	5 205 000	4 393 000
Total Current Assets	3 010 000	4 601 000	8 355 000	10 923 000
Total Assets	12 470 000	13 602 000	16 491 000	18 975 000
Total Equity	4 453 000	6 032 000	7 778 000	12 151 000
Short-Term Group Debt	273 000	0	0	0
Total Long-Term Debt	5 719 000	5 700 000	6 000 000	2 390 000
Creditors	996 000	972 000	1 064 000	1 963 000
Unpaid Taxes	96 000	47 000	332 000	254 000
Dividends	0	0	0	0
Other Current Debt	933 000	851 000	979 000	1 016 000
Total Current Debt	2 298 000	1 871 000	2 713 000	4 433 000
Total Equity and Debt	12 470 000	13 602 000	16 491 000	18 975 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,46 %	−28,95 %	−56,22 %	14,57 %
Debt-to-Equity Ratio	1,28	0,94	0,77	0,2
Operating Profit Margin	−1 733,33 %	−367,87 %	−107,06 %	6,86 %
Current Ratio	1,31	2,46	3,08	2,46
Quick Ratio	1,31	2,46	3,08	2,46
Equity Ratio	0,36	0,44	0,47	0,64
Gross Profit Margin	100 %	41,01 %	56,34 %	31,23 %