SQUATINA AS

4374 EGERSUND

Finances

Share Ownership

Return on Equity

15,49 %

Current Ratio

1,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	661 000	519 000	234 000	1 000
Net Income	22 000	97 000	134 000	1 000
Total Assets	307 000	233 000	135 000	31 000
Total Equity	142 000	140 000	43 000	−91 000

Income (NOK)	2022	2021	2020	2019
Revenue	661 000	519 000	234 000	1 000
Expenditure	630 000	403 000	100 000	0
Operating Profit	30 000	116 000	135 000	1 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	1 000	0
Financial Balance	−2 000	−1 000	−1 000	0
Earnings Before Tax	28 000	115 000	134 000	1 000
Tax	6 000	19 000	0	0
Net Income	22 000	97 000	134 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	307 000	233 000	135 000	31 000
Total Assets	307 000	233 000	135 000	31 000
Total Retained Equity	112 000	110 000	13 000	−121 000
Total Equity	142 000	140 000	43 000	−91 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	165 000	94 000	92 000	122 000
Total Equity and Debt	307 000	233 000	135 000	31 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	661 000	519 000	234 000	1 000
Other Income	0	0	0	0
Revenue	661 000	519 000	234 000	1 000
Cost of Goods Sold	12 000	27 000	0	0
Salary Costs	429 000	270 000	29 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	630 000	403 000	100 000	0
Operating Profit	30 000	116 000	135 000	1 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	1 000	0
Financial Balance	−2 000	−1 000	−1 000	0
Dividends	20 000	0	0	0
Net Income	22 000	97 000	134 000	1 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	116 000	74 000	70 000	0
Total Investments	0	0	0	0
Cash, Bank	166 000	159 000	63 000	31 000
Total Current Assets	307 000	233 000	135 000	31 000
Total Assets	307 000	233 000	135 000	31 000
Total Equity	142 000	140 000	43 000	−91 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	34 000	0	14 000	0
Unpaid Taxes	57 000	46 000	5 000	0
Dividends	20 000	0	0	0
Other Current Debt	48 000	28 000	72 000	122 000
Total Current Debt	165 000	94 000	92 000	122 000
Total Equity and Debt	307 000	233 000	135 000	31 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,49 %	69,29 %	311,63 %	−1,1 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	4,54 %	22,35 %	57,69 %	100 %
Current Ratio	1,86	2,48	1,47	0,25
Quick Ratio	6,27	11,65	6,14	0,25
Equity Ratio	0,46	0,6	0,32	−2,94
Gross Profit Margin	98,18 %	94,8 %	100 %	100 %