SEAWORKS MANAGEMENT AS

9406 HARSTAD

Finances

Return on Equity

11,72 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 069 000	60 813 000	71 781 000	71 708 000
Net Income	403 000	989 000	−75 000	2 255 000
Total Assets	20 570 000	19 381 000	21 682 000	20 249 000
Total Equity	3 440 000	3 437 000	3 348 000	3 422 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 069 000	60 813 000	71 781 000	71 708 000
Expenditure	64 586 000	59 782 000	71 780 000	69 436 000
Operating Profit	482 000	1 030 000	1 000	2 272 000
Financial Income	62 000	43 000	22 000	54 000
Financial Costs	142 000	84 000	98 000	72 000
Financial Balance	−80 000	−41 000	−76 000	−18 000
Earnings Before Tax	403 000	989 000	−75 000	2 255 000
Tax	0	0	0	0
Net Income	403 000	989 000	−75 000	2 255 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	280 000	1 447 000	1 647 000	1 883 000
Total Current Assets	20 290 000	17 934 000	20 035 000	18 367 000
Total Assets	20 570 000	19 381 000	21 682 000	20 249 000
Total Retained Equity	3 340 000	3 337 000	3 248 000	3 322 000
Total Equity	3 440 000	3 437 000	3 348 000	3 422 000
Total Long-Term Debt	0	0	9 000	0
Total Current Debt	17 130 000	15 944 000	18 325 000	16 827 000
Total Equity and Debt	20 570 000	19 381 000	21 682 000	20 249 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	65 028 000	60 391 000	71 057 000	70 931 000
Other Income	40 000	422 000	724 000	777 000
Revenue	65 069 000	60 813 000	71 781 000	71 708 000
Cost of Goods Sold	0	0	0	0
Salary Costs	56 265 000	51 866 000	63 120 000	60 759 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	64 586 000	59 782 000	71 780 000	69 436 000
Operating Profit	482 000	1 030 000	1 000	2 272 000
Financial Income	62 000	43 000	22 000	54 000
Financial Costs	142 000	84 000	98 000	72 000
Financial Balance	−80 000	−41 000	−76 000	−18 000
Dividends	400 000	900 000	0	1 750 000
Net Income	403 000	989 000	−75 000	2 255 000

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	280 000	1 447 000	1 647 000	1 883 000
Total Fixed Assets	280 000	1 447 000	1 647 000	1 883 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 194 000	1 873 000	1 836 000	3 311 000
Total Current Assets	20 290 000	17 934 000	20 035 000	18 367 000
Total Assets	20 570 000	19 381 000	21 682 000	20 249 000
Total Equity	3 440 000	3 437 000	3 348 000	3 422 000
Short-Term Group Debt	0	1 450 000	1 450 000	0
Total Long-Term Debt	0	0	9 000	0
Creditors	1 626 000	892 000	2 313 000	931 000
Unpaid Taxes	7 146 000	5 415 000	6 208 000	5 993 000
Dividends	400 000	900 000	0	1 750 000
Other Current Debt	7 958 000	7 287 000	8 354 000	8 153 000
Total Current Debt	17 130 000	15 944 000	18 325 000	16 827 000
Total Equity and Debt	20 570 000	19 381 000	21 682 000	20 249 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,72 %	28,78 %	−2,24 %	65,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,74 %	1,69 %	0 %	3,17 %
Current Ratio	1,18	1,12	1,09	1,09
Quick Ratio	1,18	1,12	1,09	1,09
Equity Ratio	0,17	0,18	0,15	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %