SEAL ENGINEERING AS

1618 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

74,64 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	89 754 000	76 848 000	59 748 000	71 582 000
Net Income	18 182 000	13 585 000	4 001 000	11 742 000
Total Assets	60 008 000	48 116 000	41 888 000	46 994 000
Total Equity	24 358 000	26 220 000	32 676 000	30 700 000

Income (NOK)	2022	2021	2020	2019
Revenue	89 754 000	76 848 000	59 748 000	71 582 000
Expenditure	56 065 000	50 020 000	47 538 000	47 831 000
Operating Profit	22 962 000	17 185 000	4 820 000	14 702 000
Financial Income	358 000	218 000	306 000	523 000
Financial Costs	8 000	3 000	10 000	187 000
Financial Balance	350 000	215 000	296 000	336 000
Earnings Before Tax	23 312 000	17 400 000	5 117 000	15 038 000
Tax	5 130 000	3 814 000	1 116 000	3 296 000
Net Income	18 182 000	13 585 000	4 001 000	11 742 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 347 000	10 027 000	13 380 000	14 181 000
Total Current Assets	47 661 000	38 090 000	28 507 000	32 813 000
Total Assets	60 008 000	48 116 000	41 888 000	46 994 000
Total Retained Equity	24 283 000	26 145 000	32 601 000	30 625 000
Total Equity	24 358 000	26 220 000	32 676 000	30 700 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	35 650 000	21 896 000	9 212 000	16 294 000
Total Equity and Debt	60 008 000	48 116 000	41 888 000	46 994 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	89 720 000	76 818 000	59 748 000	71 557 000
Other Income	34 000	30 000	0	25 000
Revenue	89 754 000	76 848 000	59 748 000	71 582 000
Cost of Goods Sold	6 276 000	6 354 000	5 395 000	5 470 000
Salary Costs	33 481 000	29 782 000	28 469 000	29 007 000
Depreciation	2 400 000	2 440 000	2 551 000	1 780 000
Impairment	0	0	0	0
Expenditure	56 065 000	50 020 000	47 538 000	47 831 000
Operating Profit	22 962 000	17 185 000	4 820 000	14 702 000
Financial Income	358 000	218 000	306 000	523 000
Financial Costs	8 000	3 000	10 000	187 000
Financial Balance	350 000	215 000	296 000	336 000
Dividends	20 000 000	20 000 000	2 001 000	5 854 000
Net Income	18 182 000	13 585 000	4 001 000	11 742 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	443 000	424 000	371 000	132 000
Real Eastate	376 000	105 000	77 000	0
Machinery and Plant Facilities	7 192 000	3 860 000	4 473 000	5 443 000
Fixtures	3 337 000	3 639 000	4 460 000	4 606 000
Total Tangible Assets	10 905 000	7 603 000	9 010 000	10 049 000
Total Fiancial Fixed Assets	1 000 000	2 000 000	4 000 000	4 000 000
Total Fixed Assets	12 347 000	10 027 000	13 380 000	14 181 000
Stock	11 611 000	9 744 000	7 507 000	6 837 000
Total Investments	0	0	0	0
Cash, Bank	16 522 000	12 469 000	11 914 000	10 949 000
Total Current Assets	47 661 000	38 090 000	28 507 000	32 813 000
Total Assets	60 008 000	48 116 000	41 888 000	46 994 000
Total Equity	24 358 000	26 220 000	32 676 000	30 700 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 401 000	1 164 000	97 000	893 000
Unpaid Taxes	4 762 000	3 871 000	2 911 000	3 705 000
Dividends	20 000 000	20 000 000	2 001 000	5 854 000
Other Current Debt	3 350 000	3 067 000	2 911 000	2 801 000
Total Current Debt	35 650 000	21 896 000	9 212 000	16 294 000
Total Equity and Debt	60 008 000	48 116 000	41 888 000	46 994 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,64 %	51,81 %	12,24 %	38,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25,58 %	22,36 %	8,07 %	20,54 %
Current Ratio	1,34	1,74	3,09	2,01
Quick Ratio	1,98	3,13	16,72	3,47
Equity Ratio	0,41	0,54	0,78	0,65
Gross Profit Margin	93,01 %	91,73 %	90,97 %	92,36 %