AQUA DEVELOPMENT AS

6900 FLORØ

Finances

Return on Equity

15,67 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	628 000	529 000	511 000	252 000
Net Income	21 000	241 000	194 000	−8 000
Total Assets	306 000	485 000	711 000	835 000
Total Equity	134 000	113 000	−128 000	−321 000

Income (NOK)	2022	2021	2020	2019
Revenue	628 000	529 000	511 000	252 000
Expenditure	602 000	219 000	263 000	263 000
Operating Profit	27 000	309 000	249 000	−10 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	27 000	309 000	249 000	−10 000
Tax	6 000	68 000	55 000	−2 000
Net Income	21 000	241 000	194 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	112 000	204 000	303 000	376 000
Total Current Assets	194 000	281 000	409 000	459 000
Total Assets	306 000	485 000	711 000	835 000
Total Retained Equity	104 000	83 000	−158 000	−351 000
Total Equity	134 000	113 000	−128 000	−321 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	171 000	371 000	839 000	1 156 000
Total Equity and Debt	306 000	485 000	711 000	835 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	628 000	529 000	511 000	252 000
Other Income	0	0	0	0
Revenue	628 000	529 000	511 000	252 000
Cost of Goods Sold	149 000	0	0	51 000
Salary Costs	23 000	0	12 000	12 000
Depreciation	86 000	59 000	56 000	55 000
Impairment	0	0	0	0
Expenditure	602 000	219 000	263 000	263 000
Operating Profit	27 000	309 000	249 000	−10 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	21 000	241 000	194 000	−8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	39 000	107 000	161 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 000	110 000	141 000	159 000
Total Tangible Assets	24 000	110 000	141 000	159 000
Total Fiancial Fixed Assets	55 000	55 000	55 000	55 000
Total Fixed Assets	112 000	204 000	303 000	376 000
Stock	0	149 000	149 000	173 000
Total Investments	0	0	0	0
Cash, Bank	98 000	37 000	180 000	169 000
Total Current Assets	194 000	281 000	409 000	459 000
Total Assets	306 000	485 000	711 000	835 000
Total Equity	134 000	113 000	−128 000	−321 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	33 000	67 000	74 000	118 000
Unpaid Taxes	32 000	20 000	22 000	52 000
Dividends	0	0	0	0
Other Current Debt	107 000	285 000	743 000	986 000
Total Current Debt	171 000	371 000	839 000	1 156 000
Total Equity and Debt	306 000	485 000	711 000	835 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,67 %	213,27 %	−151,56 %	2,49 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	4,3 %	58,41 %	48,73 %	−3,97 %
Current Ratio	1,13	0,76	0,49	0,4
Quick Ratio	1,13	1,27	0,59	0,47
Equity Ratio	0,44	0,23	−0,18	−0,38
Gross Profit Margin	76,27 %	100 %	100 %	79,76 %