AQUADYNE AS

1392 VETTRE

Finances

Share Ownership

Return on Equity

−30,58 %

Current Ratio

0,36

Debt-to-Equity Ratio

−0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 525 000	2 893 000	2 944 000	4 152 000
Net Income	1 528 000	−766 000	−1 066 000	−67 000
Total Assets	3 391 000	1 054 000	1 165 000	2 245 000
Total Equity	−4 996 000	−6 524 000	−5 476 000	−4 410 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 525 000	2 893 000	2 944 000	4 152 000
Expenditure	6 870 000	3 514 000	3 880 000	4 135 000
Operating Profit	1 655 000	−621 000	−935 000	18 000
Financial Income	11 000	32 000	25 000	22 000
Financial Costs	138 000	177 000	156 000	106 000
Financial Balance	−127 000	−145 000	−131 000	−84 000
Earnings Before Tax	1 528 000	−766 000	−1 066 000	−67 000
Tax	0	0	0	0
Net Income	1 528 000	−766 000	−1 066 000	−67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	600 000	603 000	810 000	1 054 000
Total Current Assets	2 791 000	451 000	355 000	1 190 000
Total Assets	3 391 000	1 054 000	1 165 000	2 245 000
Total Retained Equity	−5 096 000	−6 624 000	−5 576 000	−4 510 000
Total Equity	−4 996 000	−6 524 000	−5 476 000	−4 410 000
Total Long-Term Debt	694 000	692 000	544 000	709 000
Total Current Debt	7 693 000	6 886 000	6 097 000	5 946 000
Total Equity and Debt	3 391 000	1 054 000	1 165 000	2 245 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 371 000	2 746 000	2 753 000	4 011 000
Other Income	154 000	147 000	191 000	142 000
Revenue	8 525 000	2 893 000	2 944 000	4 152 000
Cost of Goods Sold	5 680 000	2 249 000	1 396 000	1 315 000
Salary Costs	166 000	160 000	1 169 000	1 852 000
Depreciation	0	210 000	113 000	74 000
Impairment	0	0	0	0
Expenditure	6 870 000	3 514 000	3 880 000	4 135 000
Operating Profit	1 655 000	−621 000	−935 000	18 000
Financial Income	11 000	32 000	25 000	22 000
Financial Costs	138 000	177 000	156 000	106 000
Financial Balance	−127 000	−145 000	−131 000	−84 000
Dividends	0	0	0	0
Net Income	1 528 000	−766 000	−1 066 000	−67 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	600 000	600 000	810 000	900 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	3 000	0	154 000
Total Tangible Assets	0	3 000	0	154 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	600 000	603 000	810 000	1 054 000
Stock	470 000	470 000	520 000	570 000
Total Investments	0	0	0	0
Cash, Bank	21 000	41 000	33 000	0
Total Current Assets	2 791 000	451 000	355 000	1 190 000
Total Assets	3 391 000	1 054 000	1 165 000	2 245 000
Total Equity	−4 996 000	−6 524 000	−5 476 000	−4 410 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	694 000	692 000	544 000	709 000
Creditors	2 428 000	3 040 000	3 590 000	3 609 000
Unpaid Taxes	262 000	235 000	1 003 000	715 000
Dividends	0	0	0	0
Other Current Debt	5 003 000	3 611 000	1 504 000	1 622 000
Total Current Debt	7 693 000	6 886 000	6 097 000	5 946 000
Total Equity and Debt	3 391 000	1 054 000	1 165 000	2 245 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,58 %	11,74 %	19,47 %	1,52 %
Debt-to-Equity Ratio	−0,14	−0,11	−0,1	−0,16
Operating Profit Margin	19,41 %	−21,47 %	−31,76 %	0,43 %
Current Ratio	0,36	0,07	0,06	0,2
Quick Ratio	0,39	0,07	0,06	0,22
Equity Ratio	−1,47	−6,19	−4,7	−1,96
Gross Profit Margin	33,37 %	22,26 %	52,58 %	68,33 %