AQUALINK AS

5146 FYLLINGSDALEN

Finances

Share Ownership

Return on Equity

99,69 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,47

Key figures (NOK)	2022	2021	2020
Revenue	7 876 000	2 847 000	309 000
Net Income	634 000	116 000	−162 000
Total Assets	2 170 000	1 526 000	188 000
Total Equity	636 000	4 000	−112 000

Income (NOK)	2022	2021	2020
Revenue	7 876 000	2 847 000	309 000
Expenditure	6 995 000	2 727 000	475 000
Operating Profit	881 000	120 000	−166 000
Financial Income	50 000	2 000	4 000
Financial Costs	130 000	6 000	0
Financial Balance	−80 000	−4 000	4 000
Earnings Before Tax	801 000	116 000	−162 000
Tax	167 000	0	0
Net Income	634 000	116 000	−162 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	132 000	189 000	0
Total Current Assets	2 037 000	1 337 000	188 000
Total Assets	2 170 000	1 526 000	188 000
Total Retained Equity	586 000	−46 000	−162 000
Total Equity	636 000	4 000	−112 000
Total Long-Term Debt	300 000	300 000	100 000
Total Current Debt	1 234 000	1 221 000	200 000
Total Equity and Debt	2 170 000	1 526 000	188 000

Cash flow (NOK)	2022	2021	2020
Sales Income	7 876 000	2 847 000	309 000
Other Income	0	0	0
Revenue	7 876 000	2 847 000	309 000
Cost of Goods Sold	5 900 000	2 295 000	431 000
Salary Costs	691 000	0	0
Depreciation	57 000	81 000	0
Impairment	0	0	0
Expenditure	6 995 000	2 727 000	475 000
Operating Profit	881 000	120 000	−166 000
Financial Income	50 000	2 000	4 000
Financial Costs	130 000	6 000	0
Financial Balance	−80 000	−4 000	4 000
Dividends	0	0	0
Net Income	634 000	116 000	−162 000

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	132 000	189 000	0
Total Tangible Assets	132 000	189 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	132 000	189 000	0
Stock	1 291 000	15 000	0
Total Investments	0	0	0
Cash, Bank	161 000	35 000	188 000
Total Current Assets	2 037 000	1 337 000	188 000
Total Assets	2 170 000	1 526 000	188 000
Total Equity	636 000	4 000	−112 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	300 000	300 000	100 000
Creditors	757 000	746 000	136 000
Unpaid Taxes	183 000	194 000	64 000
Dividends	0	0	0
Other Current Debt	127 000	282 000	0
Total Current Debt	1 234 000	1 221 000	200 000
Total Equity and Debt	2 170 000	1 526 000	188 000

Financial indicators	2022	2021	2020
Return on Equity	99,69 %	2 900 %	144,64 %
Debt-to-Equity Ratio	0,47	75	−0,89
Operating Profit Margin	11,19 %	4,21 %	−53,72 %
Current Ratio	1,65	1,1	0,94
Quick Ratio	−35,74	1,11	0,94
Equity Ratio	0,29	0	−0,6
Gross Profit Margin	25,09 %	19,39 %	−39,48 %