NORSEAQUA AS

7980 TERRÅK

Finances

Share Ownership

Return on Equity

−150,35 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 688 000	18 050 000	18 478 000	24 182 000
Net Income	−4 327 000	965 000	1 730 000	1 017 000
Total Assets	7 761 000	11 866 000	11 796 000	12 700 000
Total Equity	2 878 000	7 204 000	6 240 000	5 786 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 688 000	18 050 000	18 478 000	24 182 000
Expenditure	19 954 000	17 037 000	16 246 000	22 294 000
Operating Profit	−4 266 000	1 014 000	2 232 000	1 889 000
Financial Income	41 000	6 000	48 000	67 000
Financial Costs	102 000	55 000	39 000	73 000
Financial Balance	−61 000	−49 000	9 000	−6 000
Earnings Before Tax	−4 327 000	965 000	2 241 000	1 883 000
Tax	0	0	511 000	866 000
Net Income	−4 327 000	965 000	1 730 000	1 017 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 257 000	3 046 000	2 862 000	2 266 000
Total Current Assets	5 504 000	8 820 000	8 934 000	10 434 000
Total Assets	7 761 000	11 866 000	11 796 000	12 700 000
Total Retained Equity	−2 798 000	1 529 000	565 000	266 000
Total Equity	2 878 000	7 204 000	6 240 000	5 786 000
Total Long-Term Debt	0	22 000	12 000	21 000
Total Current Debt	4 883 000	4 640 000	5 545 000	6 893 000
Total Equity and Debt	7 761 000	11 866 000	11 796 000	12 700 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 575 000	17 845 000	17 621 000	23 952 000
Other Income	113 000	206 000	857 000	230 000
Revenue	15 688 000	18 050 000	18 478 000	24 182 000
Cost of Goods Sold	3 694 000	5 439 000	6 725 000	7 703 000
Salary Costs	11 010 000	7 443 000	5 509 000	8 956 000
Depreciation	921 000	886 000	649 000	474 000
Impairment	0	0	0	0
Expenditure	19 954 000	17 037 000	16 246 000	22 294 000
Operating Profit	−4 266 000	1 014 000	2 232 000	1 889 000
Financial Income	41 000	6 000	48 000	67 000
Financial Costs	102 000	55 000	39 000	73 000
Financial Balance	−61 000	−49 000	9 000	−6 000
Dividends	0	0	0	0
Net Income	−4 327 000	965 000	1 730 000	1 017 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 057 000	2 784 000	2 388 000	1 535 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	13 000	45 000	0
Fixtures	200 000	249 000	429 000	731 000
Total Tangible Assets	200 000	262 000	474 000	731 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 257 000	3 046 000	2 862 000	2 266 000
Stock	4 001 000	5 033 000	5 856 000	8 493 000
Total Investments	0	0	0	0
Cash, Bank	452 000	146 000	1 590 000	948 000
Total Current Assets	5 504 000	8 820 000	8 934 000	10 434 000
Total Assets	7 761 000	11 866 000	11 796 000	12 700 000
Total Equity	2 878 000	7 204 000	6 240 000	5 786 000
Short-Term Group Debt	0	274 000	2 324 000	0
Total Long-Term Debt	0	22 000	12 000	21 000
Creditors	201 000	1 260 000	118 000	167 000
Unpaid Taxes	686 000	569 000	499 000	638 000
Dividends	0	0	0	0
Other Current Debt	2 024 000	2 536 000	2 604 000	6 088 000
Total Current Debt	4 883 000	4 640 000	5 545 000	6 893 000
Total Equity and Debt	7 761 000	11 866 000	11 796 000	12 700 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−150,35 %	13,4 %	27,72 %	17,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−27,19 %	5,62 %	12,08 %	7,81 %
Current Ratio	1,13	1,9	1,61	1,51
Quick Ratio	6,24	−22,44	−28,73	−6,52
Equity Ratio	0,37	0,61	0,53	0,46
Gross Profit Margin	76,45 %	69,87 %	63,61 %	68,15 %