SEASECURE AS

5068 BERGEN

Finances

Return on Equity

−89,92 %

Current Ratio

2,05

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 449 000	1 747 000	2 377 000	1 885 000
Net Income	−348 000	−104 000	195 000	−118 000
Total Assets	703 000	1 067 000	1 232 000	1 005 000
Total Equity	387 000	735 000	838 000	644 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 449 000	1 747 000	2 377 000	1 885 000
Expenditure	1 821 000	1 854 000	1 980 000	2 013 000
Operating Profit	−372 000	−107 000	396 000	−129 000
Financial Income	75 000	598 000	33 000	124 000
Financial Costs	23 000	619 000	193 000	110 000
Financial Balance	52 000	−21 000	−160 000	14 000
Earnings Before Tax	−320 000	−128 000	236 000	−115 000
Tax	27 000	−24 000	41 000	2 000
Net Income	−348 000	−104 000	195 000	−118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	59 000	86 000	72 000	86 000
Total Current Assets	644 000	980 000	1 160 000	919 000
Total Assets	703 000	1 067 000	1 232 000	1 005 000
Total Retained Equity	306 000	654 000	757 000	563 000
Total Equity	387 000	735 000	838 000	644 000
Total Long-Term Debt	2 000	0	0	0
Total Current Debt	314 000	332 000	393 000	362 000
Total Equity and Debt	703 000	1 067 000	1 232 000	1 005 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 449 000	1 738 000	1 824 000	1 885 000
Other Income	0	9 000	553 000	0
Revenue	1 449 000	1 747 000	2 377 000	1 885 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 551 000	1 622 000	1 737 000	1 745 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 821 000	1 854 000	1 980 000	2 013 000
Operating Profit	−372 000	−107 000	396 000	−129 000
Financial Income	75 000	598 000	33 000	124 000
Financial Costs	23 000	619 000	193 000	110 000
Financial Balance	52 000	−21 000	−160 000	14 000
Dividends	0	0	0	0
Net Income	−348 000	−104 000	195 000	−118 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	27 000	3 000	4 000
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	59 000	59 000	69 000	82 000
Total Fixed Assets	59 000	86 000	72 000	86 000
Stock	0	0	0	0
Total Investments	311 000	255 000	264 000	324 000
Cash, Bank	86 000	535 000	421 000	271 000
Total Current Assets	644 000	980 000	1 160 000	919 000
Total Assets	703 000	1 067 000	1 232 000	1 005 000
Total Equity	387 000	735 000	838 000	644 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	0	0	0
Creditors	20 000	19 000	10 000	1 000
Unpaid Taxes	147 000	161 000	178 000	111 000
Dividends	0	0	0	0
Other Current Debt	147 000	153 000	164 000	248 000
Total Current Debt	314 000	332 000	393 000	362 000
Total Equity and Debt	703 000	1 067 000	1 232 000	1 005 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−89,92 %	−14,15 %	23,27 %	−18,32 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	−25,67 %	−6,12 %	16,66 %	−6,84 %
Current Ratio	2,05	2,95	2,95	2,54
Quick Ratio	2,05	2,95	2,95	2,54
Equity Ratio	0,55	0,69	0,68	0,64
Gross Profit Margin	100 %	100 %	100 %	100 %