AKVA TECH AS

9742 KUNES

Finances

Share Ownership

Return on Equity

15,22 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	850 000	589 000	693 000	555 000
Net Income	28 000	−33 000	62 000	65 000
Total Assets	409 000	355 000	447 000	367 000
Total Equity	184 000	156 000	189 000	128 000

Income (NOK)	2022	2021	2020	2019
Revenue	850 000	589 000	693 000	555 000
Expenditure	816 000	627 000	614 000	471 000
Operating Profit	34 000	−39 000	79 000	83 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Earnings Before Tax	32 000	−39 000	79 000	83 000
Tax	4 000	−5 000	17 000	18 000
Net Income	28 000	−33 000	62 000	65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	79 000	93 000	106 000	0
Total Current Assets	330 000	262 000	341 000	367 000
Total Assets	409 000	355 000	447 000	367 000
Total Retained Equity	165 000	137 000	170 000	109 000
Total Equity	184 000	156 000	189 000	128 000
Total Long-Term Debt	4 000	0	5 000	0
Total Current Debt	221 000	198 000	252 000	238 000
Total Equity and Debt	409 000	355 000	447 000	367 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	850 000	589 000	693 000	555 000
Other Income	0	0	0	0
Revenue	850 000	589 000	693 000	555 000
Cost of Goods Sold	0	0	0	2 000
Salary Costs	604 000	455 000	474 000	279 000
Depreciation	13 000	13 000	1 000	0
Impairment	0	0	0	0
Expenditure	816 000	627 000	614 000	471 000
Operating Profit	34 000	−39 000	79 000	83 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Dividends	0	0	0	0
Net Income	28 000	−33 000	62 000	65 000

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	0	0	0
Fixtures	79 000	93 000	106 000	0
Total Tangible Assets	79 000	93 000	106 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	79 000	93 000	106 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	147 000	137 000	102 000	333 000
Total Current Assets	330 000	262 000	341 000	367 000
Total Assets	409 000	355 000	447 000	367 000
Total Equity	184 000	156 000	189 000	128 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	0	5 000	0
Creditors	20 000	16 000	6 000	7 000
Unpaid Taxes	126 000	107 000	28 000	75 000
Dividends	0	0	0	0
Other Current Debt	75 000	75 000	206 000	128 000
Total Current Debt	221 000	198 000	252 000	238 000
Total Equity and Debt	409 000	355 000	447 000	367 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,22 %	−21,15 %	32,8 %	50,78 %
Debt-to-Equity Ratio	0,02	0	0,03	0
Operating Profit Margin	4 %	−6,62 %	11,4 %	14,95 %
Current Ratio	1,49	1,32	1,35	1,54
Quick Ratio	1,49	1,32	1,35	1,54
Equity Ratio	0,45	0,44	0,42	0,35
Gross Profit Margin	100 %	100 %	100 %	99,64 %