DEEPWATER RECORDS & ENTERTAINMENT AS

0183 OSLO

Finances

Share Ownership

Return on Equity

32,36 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 339 000	9 172 000	1 011 000	4 710 000
Net Income	387 000	2 269 000	−959 000	−2 934 000
Total Assets	4 404 000	4 110 000	15 961 000	8 265 000
Total Equity	1 196 000	2 369 000	4 345 000	6 404 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 339 000	9 172 000	1 011 000	4 710 000
Expenditure	5 958 000	6 805 000	1 710 000	7 028 000
Operating Profit	381 000	2 367 000	−700 000	−2 317 000
Financial Income	7 000	13 000	7 000	18 000
Financial Costs	1 000	111 000	267 000	3 000
Financial Balance	6 000	−98 000	−260 000	15 000
Earnings Before Tax	387 000	2 269 000	−959 000	−2 303 000
Tax	0	0	0	632 000
Net Income	387 000	2 269 000	−959 000	−2 934 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	628 000	2 188 000	6 753 000	7 124 000
Total Current Assets	3 776 000	1 922 000	9 208 000	1 142 000
Total Assets	4 404 000	4 110 000	15 961 000	8 265 000
Total Retained Equity	1 096 000	2 269 000	4 245 000	6 304 000
Total Equity	1 196 000	2 369 000	4 345 000	6 404 000
Total Long-Term Debt	0	0	11 100 000	0
Total Current Debt	3 209 000	1 741 000	516 000	1 862 000
Total Equity and Debt	4 404 000	4 110 000	15 961 000	8 265 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 339 000	2 644 000	371 000	4 710 000
Other Income	0	6 528 000	640 000	0
Revenue	6 339 000	9 172 000	1 011 000	4 710 000
Cost of Goods Sold	1 883 000	917 000	101 000	1 058 000
Salary Costs	958 000	1 374 000	572 000	1 431 000
Depreciation	100 000	69 000	371 000	371 000
Impairment	0	0	0	0
Expenditure	5 958 000	6 805 000	1 710 000	7 028 000
Operating Profit	381 000	2 367 000	−700 000	−2 317 000
Financial Income	7 000	13 000	7 000	18 000
Financial Costs	1 000	111 000	267 000	3 000
Financial Balance	6 000	−98 000	−260 000	15 000
Dividends	1 560 000	4 245 000	1 100 000	0
Net Income	387 000	2 269 000	−959 000	−2 934 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	6 753 000	7 124 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	628 000	629 000	0	0
Total Tangible Assets	628 000	629 000	6 753 000	7 124 000
Total Fiancial Fixed Assets	0	1 559 000	0	0
Total Fixed Assets	628 000	2 188 000	6 753 000	7 124 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 907 000	897 000	984 000	949 000
Total Current Assets	3 776 000	1 922 000	9 208 000	1 142 000
Total Assets	4 404 000	4 110 000	15 961 000	8 265 000
Total Equity	1 196 000	2 369 000	4 345 000	6 404 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	11 100 000	0
Creditors	551 000	629 000	113 000	1 005 000
Unpaid Taxes	99 000	445 000	175 000	169 000
Dividends	1 560 000	4 245 000	1 100 000	0
Other Current Debt	998 000	667 000	228 000	688 000
Total Current Debt	3 209 000	1 741 000	516 000	1 862 000
Total Equity and Debt	4 404 000	4 110 000	15 961 000	8 265 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,36 %	95,78 %	−22,07 %	−45,82 %
Debt-to-Equity Ratio	0	0	2,55	0
Operating Profit Margin	6,01 %	25,81 %	−69,24 %	−49,19 %
Current Ratio	1,18	1,1	17,84	0,61
Quick Ratio	1,18	1,1	17,84	0,61
Equity Ratio	0,27	0,58	0,27	0,77
Gross Profit Margin	70,29 %	90 %	90,01 %	77,54 %