AQUASUB AS

4842 ARENDAL

Finances

Return on Equity

23,59 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 109 000	18 864 000	10 778 000	10 586 000
Net Income	1 615 000	2 569 000	494 000	12 000
Total Assets	10 509 000	12 908 000	7 787 000	4 970 000
Total Equity	6 847 000	5 232 000	2 663 000	2 168 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 109 000	18 864 000	10 778 000	10 586 000
Expenditure	12 103 000	15 450 000	10 013 000	10 568 000
Operating Profit	2 006 000	3 413 000	765 000	18 000
Financial Income	134 000	3 000	1 000	1 000
Financial Costs	69 000	122 000	132 000	3 000
Financial Balance	65 000	−119 000	−131 000	−2 000
Earnings Before Tax	2 071 000	3 294 000	634 000	16 000
Tax	456 000	725 000	140 000	3 000
Net Income	1 615 000	2 569 000	494 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 740 000	2 327 000	3 103 000	1 336 000
Total Current Assets	5 769 000	10 581 000	4 684 000	3 634 000
Total Assets	10 509 000	12 908 000	7 787 000	4 970 000
Total Retained Equity	6 747 000	5 132 000	2 563 000	2 068 000
Total Equity	6 847 000	5 232 000	2 663 000	2 168 000
Total Long-Term Debt	0	2 000 000	2 482 000	500 000
Total Current Debt	3 662 000	5 676 000	2 643 000	2 302 000
Total Equity and Debt	10 509 000	12 908 000	7 787 000	4 970 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 109 000	18 864 000	10 778 000	9 336 000
Other Income	0	0	0	1 250 000
Revenue	14 109 000	18 864 000	10 778 000	10 586 000
Cost of Goods Sold	303 000	1 945 000	2 010 000	451 000
Salary Costs	2 830 000	3 917 000	2 516 000	1 492 000
Depreciation	747 000	591 000	294 000	294 000
Impairment	650 000	0	0	0
Expenditure	12 103 000	15 450 000	10 013 000	10 568 000
Operating Profit	2 006 000	3 413 000	765 000	18 000
Financial Income	134 000	3 000	1 000	1 000
Financial Costs	69 000	122 000	132 000	3 000
Financial Balance	65 000	−119 000	−131 000	−2 000
Dividends	0	0	0	0
Net Income	1 615 000	2 569 000	494 000	12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	312 000	192 000	0	160 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 547 000	1 237 000	1 831 000	1 176 000
Total Tangible Assets	2 919 000	1 910 000	2 828 000	1 176 000
Total Fiancial Fixed Assets	1 509 000	226 000	275 000	0
Total Fixed Assets	4 740 000	2 327 000	3 103 000	1 336 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 286 000	10 425 000	325 000	1 490 000
Total Current Assets	5 769 000	10 581 000	4 684 000	3 634 000
Total Assets	10 509 000	12 908 000	7 787 000	4 970 000
Total Equity	6 847 000	5 232 000	2 663 000	2 168 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000 000	2 482 000	500 000
Creditors	458 000	942 000	831 000	588 000
Unpaid Taxes	344 000	2 073 000	620 000	669 000
Dividends	0	0	0	0
Other Current Debt	2 284 000	1 663 000	1 191 000	867 000
Total Current Debt	3 662 000	5 676 000	2 643 000	2 302 000
Total Equity and Debt	10 509 000	12 908 000	7 787 000	4 970 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,59 %	49,1 %	18,55 %	0,55 %
Debt-to-Equity Ratio	0	0,38	0,93	0,23
Operating Profit Margin	14,22 %	18,09 %	7,1 %	0,17 %
Current Ratio	1,58	1,86	1,77	1,58
Quick Ratio	1,58	1,86	1,77	1,58
Equity Ratio	0,65	0,41	0,34	0,44
Gross Profit Margin	97,85 %	89,69 %	81,35 %	95,74 %