WHALE2SEA AS

8480 ANDENES

Finances

Return on Equity

−34,25 %

Current Ratio

1,3

Debt-to-Equity Ratio

3,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 177 000	7 281 000	4 111 000	5 349 000
Net Income	−437 000	672 000	−1 210 000	−995 000
Total Assets	8 081 000	6 788 000	3 058 000	3 889 000
Total Equity	1 276 000	1 713 000	832 000	2 042 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 177 000	7 281 000	4 111 000	5 349 000
Expenditure	13 457 000	6 472 000	5 233 000	6 187 000
Operating Profit	−280 000	809 000	−1 122 000	−838 000
Financial Income	4 000	5 000	2 000	7 000
Financial Costs	161 000	142 000	91 000	142 000
Financial Balance	−157 000	−137 000	−89 000	−135 000
Earnings Before Tax	−437 000	672 000	−1 210 000	−973 000
Tax	0	0	0	22 000
Net Income	−437 000	672 000	−1 210 000	−995 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 501 000	4 025 000	2 351 000	2 249 000
Total Current Assets	3 581 000	2 763 000	707 000	1 639 000
Total Assets	8 081 000	6 788 000	3 058 000	3 889 000
Total Retained Equity	−824 000	−387 000	−1 268 000	−58 000
Total Equity	1 276 000	1 713 000	832 000	2 042 000
Total Long-Term Debt	4 056 000	4 319 000	1 540 000	1 445 000
Total Current Debt	2 749 000	756 000	686 000	401 000
Total Equity and Debt	8 081 000	6 788 000	3 058 000	3 889 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 666 000	7 189 000	4 111 000	5 276 000
Other Income	511 000	91 000	0	73 000
Revenue	13 177 000	7 281 000	4 111 000	5 349 000
Cost of Goods Sold	158 000	531 000	125 000	268 000
Salary Costs	4 327 000	2 397 000	1 765 000	1 800 000
Depreciation	707 000	520 000	126 000	105 000
Impairment	0	0	0	0
Expenditure	13 457 000	6 472 000	5 233 000	6 187 000
Operating Profit	−280 000	809 000	−1 122 000	−838 000
Financial Income	4 000	5 000	2 000	7 000
Financial Costs	161 000	142 000	91 000	142 000
Financial Balance	−157 000	−137 000	−89 000	−135 000
Dividends	0	0	0	0
Net Income	−437 000	672 000	−1 210 000	−995 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 451 000	1 497 000	1 550 000	1 603 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 540 000	609 000	504 000	456 000
Total Tangible Assets	4 338 000	3 875 000	2 201 000	2 059 000
Total Fiancial Fixed Assets	162 000	150 000	150 000	190 000
Total Fixed Assets	4 501 000	4 025 000	2 351 000	2 249 000
Stock	17 000	52 000	34 000	0
Total Investments	0	0	0	0
Cash, Bank	2 723 000	2 475 000	325 000	1 580 000
Total Current Assets	3 581 000	2 763 000	707 000	1 639 000
Total Assets	8 081 000	6 788 000	3 058 000	3 889 000
Total Equity	1 276 000	1 713 000	832 000	2 042 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 056 000	4 319 000	1 540 000	1 445 000
Creditors	1 161 000	292 000	416 000	0
Unpaid Taxes	394 000	167 000	61 000	90 000
Dividends	0	0	0	0
Other Current Debt	1 194 000	297 000	209 000	311 000
Total Current Debt	2 749 000	756 000	686 000	401 000
Total Equity and Debt	8 081 000	6 788 000	3 058 000	3 889 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,25 %	39,23 %	−145,43 %	−48,73 %
Debt-to-Equity Ratio	3,18	2,52	1,85	0,71
Operating Profit Margin	−2,12 %	11,11 %	−27,29 %	−15,67 %
Current Ratio	1,3	3,65	1,03	4,09
Quick Ratio	1,31	3,92	1,08	4,09
Equity Ratio	0,16	0,25	0,27	0,53
Gross Profit Margin	98,8 %	92,71 %	96,96 %	94,99 %