AQUASHIP SERVICE AS

6570 SMØLA

Finances

Share Ownership

Return on Equity

4,16 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	87 639 000	79 131 000	56 929 000	27 160 000
Net Income	870 000	−3 789 000	−2 499 000	−383 000
Total Assets	39 180 000	39 544 000	45 730 000	48 115 000
Total Equity	20 912 000	20 041 000	23 830 000	26 330 000

Income (NOK)	2022	2021	2020	2019
Revenue	87 639 000	79 131 000	56 929 000	27 160 000
Expenditure	89 879 000	83 955 000	59 440 000	27 508 000
Operating Profit	−2 239 000	−4 825 000	−2 512 000	−348 000
Financial Income	2 781 000	32 000	141 000	21 000
Financial Costs	181 000	64 000	832 000	37 000
Financial Balance	2 600 000	−32 000	−691 000	−16 000
Earnings Before Tax	360 000	−4 857 000	−3 203 000	−364 000
Tax	−510 000	−1 068 000	−704 000	19 000
Net Income	870 000	−3 789 000	−2 499 000	−383 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 939 000	9 151 000	9 995 000	11 857 000
Total Current Assets	31 241 000	30 393 000	35 735 000	36 258 000
Total Assets	39 180 000	39 544 000	45 730 000	48 115 000
Total Retained Equity	870 000	0	0	0
Total Equity	20 912 000	20 041 000	23 830 000	26 330 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 268 000	19 503 000	21 900 000	21 786 000
Total Equity and Debt	39 180 000	39 544 000	45 730 000	48 115 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 234 000	31 637 000	56 929 000	27 160 000
Other Income	55 405 000	47 493 000	0	0
Revenue	87 639 000	79 131 000	56 929 000	27 160 000
Cost of Goods Sold	20 686 000	25 753 000	0	−249 000
Salary Costs	65 577 000	55 318 000	32 658 000	6 634 000
Depreciation	2 838 000	1 949 000	1 952 000	1 878 000
Impairment	0	0	0	0
Expenditure	89 879 000	83 955 000	59 440 000	27 508 000
Operating Profit	−2 239 000	−4 825 000	−2 512 000	−348 000
Financial Income	2 781 000	32 000	141 000	21 000
Financial Costs	181 000	64 000	832 000	37 000
Financial Balance	2 600 000	−32 000	−691 000	−16 000
Dividends	0	0	0	0
Net Income	870 000	−3 789 000	−2 499 000	−383 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 252 000	3 742 000	2 674 000	1 971 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 534 000	3 289 000	4 048 000	4 810 000
Total Tangible Assets	3 600 000	5 371 000	7 321 000	9 273 000
Total Fiancial Fixed Assets	86 000	37 000	0	613 000
Total Fixed Assets	7 939 000	9 151 000	9 995 000	11 857 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 736 000	16 952 000	19 621 000	6 800 000
Total Current Assets	31 241 000	30 393 000	35 735 000	36 258 000
Total Assets	39 180 000	39 544 000	45 730 000	48 115 000
Total Equity	20 912 000	20 041 000	23 830 000	26 330 000
Short-Term Group Debt	5 979 000	4 952 000	12 463 000	19 982 000
Total Long-Term Debt	0	0	0	0
Creditors	1 727 000	727 000	493 000	593 000
Unpaid Taxes	3 777 000	7 949 000	1 900 000	580 000
Dividends	0	0	0	0
Other Current Debt	6 784 000	5 875 000	7 044 000	632 000
Total Current Debt	18 268 000	19 503 000	21 900 000	21 786 000
Total Equity and Debt	39 180 000	39 544 000	45 730 000	48 115 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,16 %	−18,91 %	−10,49 %	−1,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,55 %	−6,1 %	−4,41 %	−1,28 %
Current Ratio	1,71	1,56	1,63	1,66
Quick Ratio	1,71	1,56	1,63	1,66
Equity Ratio	0,53	0,51	0,52	0,55
Gross Profit Margin	76,4 %	67,46 %	100 %	100,92 %