AQUA CUTTER AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

31,46 %

Current Ratio

1,09

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 000	59 000	208 000	1 269 000
Net Income	308 000	−31 000	−190 000	−617 000
Total Assets	2 769 000	980 000	950 000	2 622 000
Total Equity	979 000	671 000	−94 000	96 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 000	59 000	208 000	1 269 000
Expenditure	40 000	91 000	397 000	1 886 000
Operating Profit	−10 000	−31 000	−189 000	−617 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	−10 000	−31 000	−190 000	−617 000
Tax	−318 000	0	0	0
Net Income	308 000	−31 000	−190 000	−617 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	910 000	910 000	910 000	910 000
Total Current Assets	1 859 000	69 000	39 000	1 712 000
Total Assets	2 769 000	980 000	950 000	2 622 000
Total Retained Equity	0	−434 000	−404 000	−214 000
Total Equity	979 000	671 000	−94 000	96 000
Total Long-Term Debt	86 000	0	0	0
Total Current Debt	1 704 000	308 000	1 044 000	2 526 000
Total Equity and Debt	2 769 000	980 000	950 000	2 622 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 000	59 000	208 000	1 269 000
Other Income	0	0	0	0
Revenue	30 000	59 000	208 000	1 269 000
Cost of Goods Sold	0	46 000	339 000	45 000
Salary Costs	0	0	−21 000	1 226 000
Depreciation	0	0	0	246 000
Impairment	0	0	0	0
Expenditure	40 000	91 000	397 000	1 886 000
Operating Profit	−10 000	−31 000	−189 000	−617 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	1 432 000	0	0	0
Net Income	308 000	−31 000	−190 000	−617 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	910 000	910 000	910 000	910 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	910 000	910 000	910 000	910 000
Stock	0	0	0	1 158 000
Total Investments	0	0	0	0
Cash, Bank	2 000	38 000	3 000	94 000
Total Current Assets	1 859 000	69 000	39 000	1 712 000
Total Assets	2 769 000	980 000	950 000	2 622 000
Total Equity	979 000	671 000	−94 000	96 000
Short-Term Group Debt	46 000	43 000	117 000	0
Total Long-Term Debt	86 000	0	0	0
Creditors	1 000	260 000	907 000	2 008 000
Unpaid Taxes	225 000	6 000	20 000	364 000
Dividends	1 432 000	0	0	0
Other Current Debt	1 000	0	0	154 000
Total Current Debt	1 704 000	308 000	1 044 000	2 526 000
Total Equity and Debt	2 769 000	980 000	950 000	2 622 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,46 %	−4,62 %	202,13 %	−642,71 %
Debt-to-Equity Ratio	0,09	0	−0	0
Operating Profit Margin	−33,33 %	−52,54 %	−90,87 %	−48,62 %
Current Ratio	1,09	0,22	0,04	0,68
Quick Ratio	1,09	0,22	0,04	1,25
Equity Ratio	0,35	0,68	−0,1	0,04
Gross Profit Margin	100 %	22,03 %	−62,98 %	96,45 %