BOAT POWER AS

1165 OSLO

Finances

Return on Equity

6,02 %

Current Ratio

3,7

Debt-to-Equity Ratio

2,26

Key figures (NOK)	2022	2021	2020
Revenue	448 000	806 000	92 000
Net Income	8 000	111 000	−10 000
Total Assets	478 000	574 000	307 000
Total Equity	133 000	125 000	15 000

Income (NOK)	2022	2021	2020
Revenue	448 000	806 000	92 000
Expenditure	434 000	668 000	102 000
Operating Profit	14 000	138 000	−10 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	14 000	138 000	−10 000
Tax	6 000	27 000	0
Net Income	8 000	111 000	−10 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	315 000	313 000	250 000
Total Current Assets	163 000	261 000	57 000
Total Assets	478 000	574 000	307 000
Total Retained Equity	103 000	101 000	−10 000
Total Equity	133 000	125 000	15 000
Total Long-Term Debt	301 000	0	0
Total Current Debt	44 000	449 000	292 000
Total Equity and Debt	478 000	574 000	307 000

Cash flow (NOK)	2022	2021	2020
Sales Income	448 000	778 000	92 000
Other Income	0	29 000	0
Revenue	448 000	806 000	92 000
Cost of Goods Sold	221 000	337 000	89 000
Salary Costs	2 000	2 000	0
Depreciation	30 000	30 000	0
Impairment	0	0	0
Expenditure	434 000	668 000	102 000
Operating Profit	14 000	138 000	−10 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	8 000	111 000	−10 000

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	55 000	63 000	0
Total Tangible Assets	55 000	63 000	0
Total Fiancial Fixed Assets	260 000	250 000	250 000
Total Fixed Assets	315 000	313 000	250 000
Stock	90 000	67 000	0
Total Investments	0	0	0
Cash, Bank	55 000	68 000	57 000
Total Current Assets	163 000	261 000	57 000
Total Assets	478 000	574 000	307 000
Total Equity	133 000	125 000	15 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	301 000	0	0
Creditors	0	15 000	53 000
Unpaid Taxes	0	3 000	−14 000
Dividends	0	0	0
Other Current Debt	36 000	404 000	253 000
Total Current Debt	44 000	449 000	292 000
Total Equity and Debt	478 000	574 000	307 000

Financial indicators	2022	2021	2020
Return on Equity	6,02 %	88,8 %	−66,67 %
Debt-to-Equity Ratio	2,26	0	0
Operating Profit Margin	3,13 %	17,12 %	−10,87 %
Current Ratio	3,7	0,58	0,2
Quick Ratio	−3,54	0,68	0,2
Equity Ratio	0,28	0,22	0,05
Gross Profit Margin	50,67 %	58,19 %	3,26 %