TECTRIX AQUA AS

6016 ÅLESUND

Finances

Share Ownership

Return on Equity

−8,66 %

Current Ratio

2,64

Debt-to-Equity Ratio

−2,02

Key figures (NOK)	2021	2020	2019	2018
Revenue	15 000	110 000	1 173 000	165 000
Net Income	31 000	−102 000	25 000	−316 000
Total Assets	473 000	441 000	669 000	273 000
Total Equity	−358 000	−389 000	−286 000	−311 000

Income (NOK)	2021	2020	2019	2018
Revenue	15 000	110 000	1 173 000	165 000
Expenditure	43 000	203 000	1 106 000	625 000
Operating Profit	40 000	−129 000	66 000	−460 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	32 000	11 000
Financial Balance	0	−2 000	−32 000	−11 000
Earnings Before Tax	40 000	−131 000	35 000	−472 000
Tax	9 000	−29 000	10 000	−155 000
Net Income	31 000	−102 000	25 000	−316 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	188 000	202 000	194 000	233 000
Total Current Assets	285 000	239 000	475 000	40 000
Total Assets	473 000	441 000	669 000	273 000
Total Retained Equity	−488 000	−519 000	−416 000	−441 000
Total Equity	−358 000	−389 000	−286 000	−311 000
Total Long-Term Debt	723 000	723 000	823 000	511 000
Total Current Debt	108 000	107 000	133 000	74 000
Total Equity and Debt	473 000	441 000	669 000	273 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	15 000	110 000	1 145 000	165 000
Other Income	0	0	27 000	0
Revenue	15 000	110 000	1 173 000	165 000
Cost of Goods Sold	14 000	23 000	464 000	211 000
Salary Costs	0	18 000	234 000	246 000
Depreciation	6 000	21 000	0	0
Impairment	0	0	0	0
Expenditure	43 000	203 000	1 106 000	625 000
Operating Profit	40 000	−129 000	66 000	−460 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	32 000	11 000
Financial Balance	0	−2 000	−32 000	−11 000
Dividends	0	0	0	0
Net Income	31 000	−102 000	25 000	−316 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	188 000	202 000	194 000	233 000
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	0	0	0	0
Total Fixed Assets	188 000	202 000	194 000	233 000
Stock	281 000	214 000	250 000	25 000
Total Investments	0	0	0	0
Cash, Bank	2 000	1 000	220 000	12 000
Total Current Assets	285 000	239 000	475 000	40 000
Total Assets	473 000	441 000	669 000	273 000
Total Equity	−358 000	−389 000	−286 000	−311 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	723 000	723 000	823 000	511 000
Creditors	−1 000	5 000	9 000	8 000
Unpaid Taxes	9 000	13 000	33 000	0
Dividends	0	0	0	0
Other Current Debt	99 000	88 000	91 000	65 000
Total Current Debt	108 000	107 000	133 000	74 000
Total Equity and Debt	473 000	441 000	669 000	273 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−8,66 %	26,22 %	−8,74 %	101,61 %
Debt-to-Equity Ratio	−2,02	−1,86	−2,88	−1,64
Operating Profit Margin	266,67 %	−117,27 %	5,63 %	−278,79 %
Current Ratio	2,64	2,23	3,57	0,54
Quick Ratio	−1,65	−2,23	−4,06	0,82
Equity Ratio	−0,76	−0,88	−0,43	−1,14
Gross Profit Margin	6,67 %	79,09 %	60,44 %	−27,88 %