NAUTIC NORWAY SERVICE AS

5305 FLORVÅG

Finances

Share Ownership

Return on Equity

28,8 %

Current Ratio

2,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	8 351 000	6 725 000	4 133 000
Net Income	445 000	339 000	161 000
Total Assets	2 369 000	1 906 000	1 308 000
Total Equity	1 545 000	1 100 000	761 000

Income (NOK)	2022	2021	2020
Revenue	8 351 000	6 725 000	4 133 000
Expenditure	7 799 000	6 290 000	3 924 000
Operating Profit	550 000	435 000	209 000
Financial Income	32 000	5 000	1 000
Financial Costs	3 000	5 000	1 000
Financial Balance	29 000	0	0
Earnings Before Tax	579 000	435 000	208 000
Tax	134 000	96 000	47 000
Net Income	445 000	339 000	161 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	435 000	415 000	373 000
Total Current Assets	1 934 000	1 491 000	935 000
Total Assets	2 369 000	1 906 000	1 308 000
Total Retained Equity	945 000	500 000	161 000
Total Equity	1 545 000	1 100 000	761 000
Total Long-Term Debt	0	0	0
Total Current Debt	824 000	807 000	548 000
Total Equity and Debt	2 369 000	1 906 000	1 308 000

Cash flow (NOK)	2022	2021	2020
Sales Income	8 351 000	6 725 000	4 133 000
Other Income	0	0	0
Revenue	8 351 000	6 725 000	4 133 000
Cost of Goods Sold	3 417 000	2 336 000	1 544 000
Salary Costs	2 695 000	2 761 000	1 742 000
Depreciation	69 000	79 000	93 000
Impairment	0	0	0
Expenditure	7 799 000	6 290 000	3 924 000
Operating Profit	550 000	435 000	209 000
Financial Income	32 000	5 000	1 000
Financial Costs	3 000	5 000	1 000
Financial Balance	29 000	0	0
Dividends	0	0	0
Net Income	445 000	339 000	161 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	151 000	189 000	236 000
Fixtures	190 000	127 000	137 000
Total Tangible Assets	341 000	316 000	373 000
Total Fiancial Fixed Assets	94 000	99 000	0
Total Fixed Assets	435 000	415 000	373 000
Stock	379 000	347 000	178 000
Total Investments	0	0	0
Cash, Bank	1 023 000	481 000	170 000
Total Current Assets	1 934 000	1 491 000	935 000
Total Assets	2 369 000	1 906 000	1 308 000
Total Equity	1 545 000	1 100 000	761 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	124 000	138 000	157 000
Unpaid Taxes	290 000	305 000	181 000
Dividends	0	0	0
Other Current Debt	276 000	268 000	163 000
Total Current Debt	824 000	807 000	548 000
Total Equity and Debt	2 369 000	1 906 000	1 308 000

Financial indicators	2022	2021	2020
Return on Equity	28,8 %	30,82 %	21,16 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	6,59 %	6,47 %	5,06 %
Current Ratio	2,35	1,85	1,71
Quick Ratio	4,35	3,24	2,53
Equity Ratio	0,65	0,58	0,58
Gross Profit Margin	59,08 %	65,26 %	62,64 %