TIDAL SAILS AS

5527 HAUGESUND

Finances

Return on Equity

37,23 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 679 000	74 000	494 000	118 000
Net Income	882 000	−625 000	−4 317 000	−1 367 000
Total Assets	4 829 000	1 316 000	1 976 000	6 478 000
Total Equity	2 369 000	1 036 000	1 338 000	5 763 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 679 000	74 000	494 000	118 000
Expenditure	822 000	698 000	4 794 000	1 443 000
Operating Profit	858 000	−624 000	−4 300 000	−1 325 000
Financial Income	64 000	7 000	11 000	14 000
Financial Costs	40 000	8 000	28 000	56 000
Financial Balance	24 000	−1 000	−17 000	−42 000
Earnings Before Tax	882 000	−625 000	−4 317 000	−1 367 000
Tax	0	0	0	0
Net Income	882 000	−625 000	−4 317 000	−1 367 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	835 000	659 000	519 000	526 000
Total Current Assets	3 994 000	657 000	1 457 000	5 952 000
Total Assets	4 829 000	1 316 000	1 976 000	6 478 000
Total Retained Equity	257 000	−625 000	0	0
Total Equity	2 369 000	1 036 000	1 338 000	5 763 000
Total Long-Term Debt	169 000	169 000	206 000	206 000
Total Current Debt	2 291 000	111 000	431 000	509 000
Total Equity and Debt	4 829 000	1 316 000	1 976 000	6 478 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	279 000	74 000	494 000	118 000
Other Income	1 400 000	0	0	0
Revenue	1 679 000	74 000	494 000	118 000
Cost of Goods Sold	652 000	441 000	0	0
Salary Costs	5 000	−10 000	798 000	1 000
Depreciation	10 000	18 000	22 000	12 000
Impairment	0	0	0	0
Expenditure	822 000	698 000	4 794 000	1 443 000
Operating Profit	858 000	−624 000	−4 300 000	−1 325 000
Financial Income	64 000	7 000	11 000	14 000
Financial Costs	40 000	8 000	28 000	56 000
Financial Balance	24 000	−1 000	−17 000	−42 000
Dividends	0	0	0	0
Net Income	882 000	−625 000	−4 317 000	−1 367 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	427 000	427 000	427 000	427 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	38 000	0	0	0
Fixtures	0	71 000	89 000	78 000
Total Tangible Assets	38 000	71 000	89 000	78 000
Total Fiancial Fixed Assets	370 000	161 000	3 000	21 000
Total Fixed Assets	835 000	659 000	519 000	526 000
Stock	1 946 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	800 000	458 000	924 000	2 043 000
Total Current Assets	3 994 000	657 000	1 457 000	5 952 000
Total Assets	4 829 000	1 316 000	1 976 000	6 478 000
Total Equity	2 369 000	1 036 000	1 338 000	5 763 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	169 000	169 000	206 000	206 000
Creditors	95 000	73 000	117 000	439 000
Unpaid Taxes	214 000	14 000	27 000	10 000
Dividends	0	0	0	0
Other Current Debt	1 982 000	24 000	287 000	60 000
Total Current Debt	2 291 000	111 000	431 000	509 000
Total Equity and Debt	4 829 000	1 316 000	1 976 000	6 478 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,23 %	−60,33 %	−322,65 %	−23,72 %
Debt-to-Equity Ratio	0,07	0,16	0,15	0,04
Operating Profit Margin	51,1 %	−843,24 %	−870,45 %	−1 122,88 %
Current Ratio	1,74	5,92	3,38	11,69
Quick Ratio	11,58	5,92	3,38	11,69
Equity Ratio	0,49	0,79	0,68	0,89
Gross Profit Margin	61,17 %	−495,95 %	100 %	100 %