AQUASCAN AS

4041 HAFRSFJORD

Finances

Share Ownership

Return on Equity

4 160,6 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 907 000	71 099 000	64 312 000	50 995 000
Net Income	20 803 000	26 209 000	23 345 000	15 785 000
Total Assets	33 951 000	46 502 000	63 550 000	41 302 000
Total Equity	500 000	500 000	500 000	500 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 907 000	71 099 000	64 312 000	50 995 000
Expenditure	30 243 000	37 580 000	34 496 000	30 915 000
Operating Profit	26 664 000	33 519 000	29 815 000	20 081 000
Financial Income	25 000	95 000	178 000	174 000
Financial Costs	17 000	12 000	62 000	13 000
Financial Balance	8 000	83 000	116 000	161 000
Earnings Before Tax	26 672 000	33 602 000	29 932 000	20 241 000
Tax	5 869 000	7 392 000	6 586 000	4 455 000
Net Income	20 803 000	26 209 000	23 345 000	15 785 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	430 000	559 000	714 000	755 000
Total Current Assets	33 522 000	45 943 000	62 836 000	40 548 000
Total Assets	33 951 000	46 502 000	63 550 000	41 302 000
Total Retained Equity	0	0	0	0
Total Equity	500 000	500 000	500 000	500 000
Total Long-Term Debt	0	10 000	18 000	0
Total Current Debt	33 451 000	45 992 000	63 032 000	40 802 000
Total Equity and Debt	33 951 000	46 502 000	63 550 000	41 302 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 890 000	71 099 000	64 244 000	50 995 000
Other Income	17 000	0	68 000	0
Revenue	56 907 000	71 099 000	64 312 000	50 995 000
Cost of Goods Sold	12 453 000	16 283 000	13 954 000	11 015 000
Salary Costs	3 654 000	4 214 000	4 441 000	4 616 000
Depreciation	152 000	155 000	98 000	39 000
Impairment	0	0	0	0
Expenditure	30 243 000	37 580 000	34 496 000	30 915 000
Operating Profit	26 664 000	33 519 000	29 815 000	20 081 000
Financial Income	25 000	95 000	178 000	174 000
Financial Costs	17 000	12 000	62 000	13 000
Financial Balance	8 000	83 000	116 000	161 000
Dividends	20 803 000	26 209 000	0	0
Net Income	20 803 000	26 209 000	23 345 000	15 785 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	0	0	558 000
Real Eastate	93 000	109 000	126 000	143 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	314 000	450 000	588 000	53 000
Total Tangible Assets	407 000	559 000	714 000	196 000
Total Fiancial Fixed Assets	21 000	0	0	0
Total Fixed Assets	430 000	559 000	714 000	755 000
Stock	9 890 000	6 426 000	6 143 000	5 384 000
Total Investments	0	0	0	0
Cash, Bank	2 419 000	372 000	45 289 000	23 209 000
Total Current Assets	33 522 000	45 943 000	62 836 000	40 548 000
Total Assets	33 951 000	46 502 000	63 550 000	41 302 000
Total Equity	500 000	500 000	500 000	500 000
Short-Term Group Debt	0	0	44 790 000	28 511 000
Total Long-Term Debt	0	10 000	18 000	0
Creditors	5 031 000	3 041 000	5 361 000	8 331 000
Unpaid Taxes	1 302 000	3 125 000	3 401 000	3 119 000
Dividends	20 803 000	26 209 000	0	0
Other Current Debt	433 000	6 217 000	3 501 000	601 000
Total Current Debt	33 451 000	45 992 000	63 032 000	40 802 000
Total Equity and Debt	33 951 000	46 502 000	63 550 000	41 302 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4 160,6 %	5 241,8 %	4 669 %	3 157 %
Debt-to-Equity Ratio	0	0,02	0,04	0
Operating Profit Margin	46,86 %	47,14 %	46,36 %	39,38 %
Current Ratio	1	1	1	0,99
Quick Ratio	1,42	1,16	1,1	1,14
Equity Ratio	0,01	0,01	0,01	0,01
Gross Profit Margin	78,12 %	77,1 %	78,3 %	78,4 %