AQUAFIGURE AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

−6,62 %

Current Ratio

0,76

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	191 000	219 000	0	1 063 000
Net Income	−793 000	68 000	−222 000	79 000
Total Assets	19 700 000	13 083 000	4 176 000	2 821 000
Total Equity	11 986 000	12 779 000	2 711 000	933 000

Income (NOK)	2022	2021	2020	2019
Revenue	191 000	219 000	0	1 063 000
Expenditure	833 000	129 000	175 000	936 000
Operating Profit	−642 000	90 000	−175 000	127 000
Financial Income	18 000	4 000	1 000	0
Financial Costs	169 000	26 000	48 000	49 000
Financial Balance	−151 000	−22 000	−47 000	−49 000
Earnings Before Tax	−793 000	68 000	−222 000	79 000
Tax	0	0	0	0
Net Income	−793 000	68 000	−222 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 588 000	5 744 000	2 189 000	1 883 000
Total Current Assets	5 112 000	7 340 000	1 988 000	939 000
Total Assets	19 700 000	13 083 000	4 176 000	2 821 000
Total Retained Equity	−1 014 000	−221 000	−289 000	−67 000
Total Equity	11 986 000	12 779 000	2 711 000	933 000
Total Long-Term Debt	955 000	37 000	1 415 000	1 671 000
Total Current Debt	6 759 000	268 000	50 000	217 000
Total Equity and Debt	19 700 000	13 083 000	4 176 000	2 821 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	200 000	219 000	0	1 000 000
Other Income	−9 000	0	0	63 000
Revenue	191 000	219 000	0	1 063 000
Cost of Goods Sold	0	0	0	899 000
Salary Costs	0	0	0	0
Depreciation	203 000	0	0	0
Impairment	0	0	0	0
Expenditure	833 000	129 000	175 000	936 000
Operating Profit	−642 000	90 000	−175 000	127 000
Financial Income	18 000	4 000	1 000	0
Financial Costs	169 000	26 000	48 000	49 000
Financial Balance	−151 000	−22 000	−47 000	−49 000
Dividends	0	0	0	0
Net Income	−793 000	68 000	−222 000	79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 774 000	4 727 000	2 189 000	1 883 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	813 000	1 017 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	813 000	1 017 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 588 000	5 744 000	2 189 000	1 883 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 891 000	6 548 000	1 555 000	64 000
Total Current Assets	5 112 000	7 340 000	1 988 000	939 000
Total Assets	19 700 000	13 083 000	4 176 000	2 821 000
Total Equity	11 986 000	12 779 000	2 711 000	933 000
Short-Term Group Debt	0	0	50 000	0
Total Long-Term Debt	955 000	37 000	1 415 000	1 671 000
Creditors	1 582 000	0	0	33 000
Unpaid Taxes	0	0	0	185 000
Dividends	0	0	0	0
Other Current Debt	5 177 000	0	0	0
Total Current Debt	6 759 000	268 000	50 000	217 000
Total Equity and Debt	19 700 000	13 083 000	4 176 000	2 821 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,62 %	0,53 %	−8,19 %	8,47 %
Debt-to-Equity Ratio	0,08	0	0,52	1,79
Operating Profit Margin	−336,13 %	41,1 %	-	11,95 %
Current Ratio	0,76	27,39	39,76	4,33
Quick Ratio	0,76	27,39	39,76	4,33
Equity Ratio	0,61	0,98	0,65	0,33
Gross Profit Margin	100 %	100 %	-	15,43 %