AKVASERVICE AS

6523 FREI

Finances

Return on Equity

68,06 %

Current Ratio

1,35

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020
Revenue	12 563 000	6 700 000	400 000
Net Income	2 440 000	983 000	139 000
Total Assets	7 050 000	2 131 000	509 000
Total Equity	3 585 000	1 145 000	161 000

Income (NOK)	2022	2021	2020
Revenue	12 563 000	6 700 000	400 000
Expenditure	9 343 000	5 439 000	221 000
Operating Profit	3 221 000	1 261 000	179 000
Financial Income	3 000	0	0
Financial Costs	47 000	1 000	0
Financial Balance	−44 000	−1 000	0
Earnings Before Tax	3 178 000	1 260 000	179 000
Tax	737 000	277 000	39 000
Net Income	2 440 000	983 000	139 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 048 000	363 000	0
Total Current Assets	4 002 000	1 768 000	509 000
Total Assets	7 050 000	2 131 000	509 000
Total Retained Equity	3 563 000	1 123 000	139 000
Total Equity	3 585 000	1 145 000	161 000
Total Long-Term Debt	509 000	9 000	0
Total Current Debt	2 956 000	978 000	347 000
Total Equity and Debt	7 050 000	2 131 000	509 000

Cash flow (NOK)	2022	2021	2020
Sales Income	12 563 000	6 700 000	400 000
Other Income	0	0	0
Revenue	12 563 000	6 700 000	400 000
Cost of Goods Sold	1 486 000	2 726 000	0
Salary Costs	4 874 000	1 531 000	0
Depreciation	170 000	25 000	0
Impairment	0	0	0
Expenditure	9 343 000	5 439 000	221 000
Operating Profit	3 221 000	1 261 000	179 000
Financial Income	3 000	0	0
Financial Costs	47 000	1 000	0
Financial Balance	−44 000	−1 000	0
Dividends	0	0	0
Net Income	2 440 000	983 000	139 000

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	0	0	0
Fixtures	593 000	297 000	0
Total Tangible Assets	1 251 000	297 000	0
Total Fiancial Fixed Assets	1 797 000	66 000	0
Total Fixed Assets	3 048 000	363 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 073 000	1 174 000	117 000
Total Current Assets	4 002 000	1 768 000	509 000
Total Assets	7 050 000	2 131 000	509 000
Total Equity	3 585 000	1 145 000	161 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	509 000	9 000	0
Creditors	155 000	118 000	1 000
Unpaid Taxes	850 000	58 000	98 000
Dividends	0	0	0
Other Current Debt	1 205 000	533 000	209 000
Total Current Debt	2 956 000	978 000	347 000
Total Equity and Debt	7 050 000	2 131 000	509 000

Financial indicators	2022	2021	2020
Return on Equity	68,06 %	85,85 %	86,34 %
Debt-to-Equity Ratio	0,14	0,01	0
Operating Profit Margin	25,64 %	18,82 %	44,75 %
Current Ratio	1,35	1,81	1,47
Quick Ratio	1,35	1,81	1,47
Equity Ratio	0,51	0,54	0,32
Gross Profit Margin	88,17 %	59,31 %	100 %