SEA KING MARINE AS

1610 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−108,08 %

Current Ratio

0,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 878 000	1 440 000	1 925 000	750 000
Net Income	−281 000	44 000	−73 000	38 000
Total Assets	449 000	714 000	785 000	992 000
Total Equity	260 000	542 000	394 000	467 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 878 000	1 440 000	1 925 000	750 000
Expenditure	2 159 000	1 387 000	1 989 000	685 000
Operating Profit	−281 000	54 000	−63 000	66 000
Financial Income	0	0	0	0
Financial Costs	0	9 000	10 000	28 000
Financial Balance	0	−9 000	−10 000	−28 000
Earnings Before Tax	−281 000	44 000	−73 000	38 000
Tax	0	0	0	0
Net Income	−281 000	44 000	−73 000	38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	288 000	512 000	547 000	652 000
Total Current Assets	160 000	202 000	239 000	340 000
Total Assets	449 000	714 000	785 000	992 000
Total Retained Equity	230 000	512 000	364 000	437 000
Total Equity	260 000	542 000	394 000	467 000
Total Long-Term Debt	0	25 000	117 000	217 000
Total Current Debt	188 000	148 000	275 000	308 000
Total Equity and Debt	449 000	714 000	785 000	992 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 878 000	1 342 000	1 925 000	750 000
Other Income	0	99 000	0	0
Revenue	1 878 000	1 440 000	1 925 000	750 000
Cost of Goods Sold	931 000	803 000	1 360 000	396 000
Salary Costs	744 000	291 000	363 000	−8 000
Depreciation	223 000	147 000	126 000	117 000
Impairment	0	0	0	0
Expenditure	2 159 000	1 387 000	1 989 000	685 000
Operating Profit	−281 000	54 000	−63 000	66 000
Financial Income	0	0	0	0
Financial Costs	0	9 000	10 000	28 000
Financial Balance	0	−9 000	−10 000	−28 000
Dividends	0	0	0	0
Net Income	−281 000	44 000	−73 000	38 000

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	172 000	0	0	0
Fixtures	116 000	512 000	547 000	652 000
Total Tangible Assets	288 000	512 000	547 000	652 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	288 000	512 000	547 000	652 000
Stock	76 000	127 000	164 000	233 000
Total Investments	0	0	0	0
Cash, Bank	53 000	60 000	16 000	67 000
Total Current Assets	160 000	202 000	239 000	340 000
Total Assets	449 000	714 000	785 000	992 000
Total Equity	260 000	542 000	394 000	467 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	25 000	117 000	217 000
Creditors	33 000	24 000	225 000	248 000
Unpaid Taxes	104 000	91 000	14 000	55 000
Dividends	0	0	0	0
Other Current Debt	51 000	33 000	36 000	5 000
Total Current Debt	188 000	148 000	275 000	308 000
Total Equity and Debt	449 000	714 000	785 000	992 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−108,08 %	8,12 %	−18,53 %	8,14 %
Debt-to-Equity Ratio	0	0,05	0,3	0,46
Operating Profit Margin	−14,96 %	3,75 %	−3,27 %	8,8 %
Current Ratio	0,85	1,36	0,87	1,1
Quick Ratio	1,43	9,62	2,15	4,53
Equity Ratio	0,58	0,76	0,5	0,47
Gross Profit Margin	50,43 %	44,24 %	29,35 %	47,2 %