AQUAFARM EQUIPMENT AS

5537 HAUGESUND

Finances

Return on Equity

157,27 %

Current Ratio

0,06

Debt-to-Equity Ratio

−0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	−5 000 000	17 811 000	65 072 000	59 238 000
Net Income	−43 911 000	−17 942 000	−48 587 000	685 000
Total Assets	19 662 000	48 673 000	45 868 000	65 707 000
Total Equity	−27 920 000	17 459 000	−596 000	25 165 000

Income (NOK)	2022	2021	2020	2019
Revenue	−5 000 000	17 811 000	65 072 000	59 238 000
Expenditure	22 557 000	39 035 000	108 443 000	60 408 000
Operating Profit	−27 557 000	−21 222 000	−43 371 000	−1 169 000
Financial Income	48 000	39 000	2 803 000	2 360 000
Financial Costs	1 873 000	1 845 000	16 085 000	314 000
Financial Balance	−1 825 000	−1 806 000	−13 282 000	2 046 000
Earnings Before Tax	−29 382 000	−23 029 000	−56 653 000	878 000
Tax	14 529 000	−5 086 000	−8 066 000	193 000
Net Income	−43 911 000	−17 942 000	−48 587 000	685 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 433 000	40 983 000	31 963 000	38 533 000
Total Current Assets	2 230 000	7 689 000	13 905 000	27 175 000
Total Assets	19 662 000	48 673 000	45 868 000	65 707 000
Total Retained Equity	−73 813 000	−28 571 000	−11 269 000	685 000
Total Equity	−27 920 000	17 459 000	−596 000	25 165 000
Total Long-Term Debt	9 817 000	4 942 000	8 577 000	5 901 000
Total Current Debt	37 766 000	26 273 000	37 888 000	34 642 000
Total Equity and Debt	19 662 000	48 673 000	45 868 000	65 707 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	3 828 000	60 603 000	59 238 000
Other Income	−5 000 000	13 983 000	4 469 000	0
Revenue	−5 000 000	17 811 000	65 072 000	59 238 000
Cost of Goods Sold	6 612 000	27 104 000	97 216 000	48 917 000
Salary Costs	7 673 000	4 790 000	2 253 000	2 420 000
Depreciation	3 960 000	3 517 000	2 721 000	2 015 000
Impairment	0	0	4 067 000	5 672 000
Expenditure	22 557 000	39 035 000	108 443 000	60 408 000
Operating Profit	−27 557 000	−21 222 000	−43 371 000	−1 169 000
Financial Income	48 000	39 000	2 803 000	2 360 000
Financial Costs	1 873 000	1 845 000	16 085 000	314 000
Financial Balance	−1 825 000	−1 806 000	−13 282 000	2 046 000
Dividends	0	0	0	0
Net Income	−43 911 000	−17 942 000	−48 587 000	685 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 195 000	27 329 000	23 385 000	11 887 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	738 000	1 102 000	1 078 000	5 425 000
Total Tangible Assets	738 000	1 102 000	1 078 000	5 425 000
Total Fiancial Fixed Assets	7 500 000	12 552 000	7 500 000	21 221 000
Total Fixed Assets	17 433 000	40 983 000	31 963 000	38 533 000
Stock	156 000	156 000	267 000	267 000
Total Investments	0	0	0	0
Cash, Bank	1 757 000	2 613 000	1 079 000	4 597 000
Total Current Assets	2 230 000	7 689 000	13 905 000	27 175 000
Total Assets	19 662 000	48 673 000	45 868 000	65 707 000
Total Equity	−27 920 000	17 459 000	−596 000	25 165 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 817 000	4 942 000	8 577 000	5 901 000
Creditors	808 000	7 798 000	29 922 000	27 177 000
Unpaid Taxes	707 000	336 000	434 000	309 000
Dividends	0	0	0	0
Other Current Debt	18 751 000	5 639 000	7 532 000	7 156 000
Total Current Debt	37 766 000	26 273 000	37 888 000	34 642 000
Total Equity and Debt	19 662 000	48 673 000	45 868 000	65 707 000

Financial indicators	2022	2021	2020	2019
Return on Equity	157,27 %	−102,77 %	8 152,18 %	2,72 %
Debt-to-Equity Ratio	−0,35	0,28	−14,39	0,23
Operating Profit Margin	551,14 %	−119,15 %	−66,65 %	−1,97 %
Current Ratio	0,06	0,29	0,37	0,78
Quick Ratio	0,06	0,29	0,37	0,79
Equity Ratio	−1,42	0,36	−0,01	0,38
Gross Profit Margin	232,24 %	−52,18 %	−49,4 %	17,42 %