STINGRAY BOAT SERVICE AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

−184,85 %

Current Ratio

2,08

Debt-to-Equity Ratio

9,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 253 000	2 295 000	1 942 000	0
Net Income	−122 000	15 000	160 000	−6 000
Total Assets	1 060 000	1 105 000	758 000	13 000
Total Equity	66 000	188 000	173 000	13 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 253 000	2 295 000	1 942 000	0
Expenditure	2 360 000	2 270 000	1 743 000	6 000
Operating Profit	−108 000	25 000	200 000	−6 000
Financial Income	0	0	0	0
Financial Costs	14 000	1 000	0	0
Financial Balance	−14 000	−1 000	0	0
Earnings Before Tax	−122 000	23 000	200 000	−6 000
Tax	0	9 000	40 000	0
Net Income	−122 000	15 000	160 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	355 000	32 000	40 000	0
Total Current Assets	706 000	1 073 000	718 000	13 000
Total Assets	1 060 000	1 105 000	758 000	13 000
Total Retained Equity	42 000	163 000	149 000	−11 000
Total Equity	66 000	188 000	173 000	13 000
Total Long-Term Debt	655 000	0	0	0
Total Current Debt	340 000	917 000	585 000	0
Total Equity and Debt	1 060 000	1 105 000	758 000	13 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 253 000	2 295 000	1 942 000	0
Other Income	0	0	0	0
Revenue	2 253 000	2 295 000	1 942 000	0
Cost of Goods Sold	627 000	739 000	641 000	0
Salary Costs	1 113 000	1 212 000	844 000	0
Depreciation	27 000	8 000	10 000	0
Impairment	0	0	0	0
Expenditure	2 360 000	2 270 000	1 743 000	6 000
Operating Profit	−108 000	25 000	200 000	−6 000
Financial Income	0	0	0	0
Financial Costs	14 000	1 000	0	0
Financial Balance	−14 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−122 000	15 000	160 000	−6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	32 000	40 000	0
Fixtures	355 000	0	0	0
Total Tangible Assets	355 000	32 000	40 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	355 000	32 000	40 000	0
Stock	25 000	155 000	155 000	0
Total Investments	0	0	0	0
Cash, Bank	153 000	61 000	402 000	13 000
Total Current Assets	706 000	1 073 000	718 000	13 000
Total Assets	1 060 000	1 105 000	758 000	13 000
Total Equity	66 000	188 000	173 000	13 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	655 000	0	0	0
Creditors	54 000	92 000	188 000	0
Unpaid Taxes	123 000	271 000	258 000	0
Dividends	0	0	0	0
Other Current Debt	162 000	548 000	99 000	0
Total Current Debt	340 000	917 000	585 000	0
Total Equity and Debt	1 060 000	1 105 000	758 000	13 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−184,85 %	7,98 %	92,49 %	−46,15 %
Debt-to-Equity Ratio	9,92	0	0	0
Operating Profit Margin	−4,79 %	1,09 %	10,3 %	-
Current Ratio	2,08	1,17	1,23	-
Quick Ratio	2,24	1,41	1,67	-
Equity Ratio	0,06	0,17	0,23	1
Gross Profit Margin	72,17 %	67,8 %	66,99 %	-